4112 Palmwood Drive Los Angeles, CA 90008
4106 & 4112 Palmwood Drive is located in Baldwin Village, is a twenty-unit property priced at a current 6.19% Cap Rate and 9.98 GRM, with projected rental upside of about 19% for a new owner! The buildings are on two separate parcels, providing a future owner the ability to sell individually to help avoid ULA Tax. The units are comprised of all One Bedroom units, which are very large and average over 700 square feet each! There are also RTI permits for four new ADUs in part of the existing garage space! The property is surrounded by terrific amenities, allowing tenants to accomplish most errands and daily tasks on foot, cutting down on the need for parking. Transit options are also exceptional, with terrific access to bus stops and metro rail lines.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site57 Days
- MLS StatusActive
- MLS ID NumberSB24135620
- Home Size Source N/A
- Year Built1954
- Lot Size0.3713 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 12
- Sewer Public Sewer
- Number of Stories 2
- Acreage 0.3713
- Water Public
- Property Sub Type Apartment
- Garage Spaces 12
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Laundry Features Common Area
Exterior Features
- Pool Features None
- Lot Level with Street
Community Features
- Community Features Curbs
- Senior Community No
- MLS Area 699 - Not Defined