We are pleased to present this excellent cash flow opportunity in the Baldwin Hills community of Los Angeles. This eight unit property has a balanced unit mix of four 2 bedroom units and four 1 bedrooms. The complex is situated directly across from the new Kaiser near Marlton and Santa Rosalia. It is also adjacent to the new developments taking place at the Baldwin Hills Mall. With a GRM of 12.6 and a 5.20 CAP rate, this is a fantastic opportunity. Tenants in the area enjoy access to Kenneth Hahn Park, the Stocker Corridor Trails and the Norman Houston Park. Building has been upgraded with new electrical panels and energy efficient windows. This deal will provide a nice 4.78% cash flow from day one with plenty of upside in the rents. Information is from sources deemed reliable but are not guaranteed by the seller or listing broker. PLEASE DO NOT DISTURB TENANTS.
Last Checked For Updates:51 minutes
We update property info including price, photos, sale status and more as soon as it’s available.
, Listed on
JEROME MCALPIN, License# 00939725,
MCALPIN & COMPANY
Popularity is a measure of how many people have viewed a particular property on the ERA website relative to how many people have viewed other properties in the area within the last 30 days. We use a scale of 1-10, with 10 indicating the highest level of interest.
This 12 bedroom Multi-Family home
for sale in Los Angeles, CA
is currently listed for $1,360,000.
Featuring a lot size of 8,208 Sq. Ft.,
4155 Somerset Dr
was built in 1952 and
has been on ERA.com for 11 days.
Based on information from CARETS as of Sunday, October 23, 2016 at 4:05 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX provided by ZapLabs.