4024 Nicolet Avenue Los Angeles, CA 90008
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DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer the opportunity to acquire 4024 Nicolet Avenue, a 20-unit apartment community located in Baldwin Village. Situated on a 15, 633 square foot parcel, the property is comprised of 13 one-bedroom units and seven two-bedroom units. The property has more than 20% upside in rental income that can be captured through renovating remaining unit interiors. Moreover, the mandatory soft-story retrofit wok has already been completed saving a new investor substantially in capital and time. 4024 Nicolet Avenue provides investors a compelling buying opportunity to acquire a value-add opportunity with a healthy in-place income stream, located in a rapidly gentrifying neighborhood.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site39 Days
- MLS StatusActive
- MLS ID Number24437499
- Home Size Source Assessor
- Year Built1958
- Lot Size0.3588 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Covered
- Parking Spaces 12
- Number of Stories 22
- Acreage 0.3588
- Zoning LAR3
- Listing Conditions Standard
Community Features
- Senior Community No
- MLS Area PHHT - Park Hills Heights