Homes for sale - 4043 Don Tomaso DR, Los Angeles, CA 90008

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Oscar Interiano

oscar@omiandassociates.com +1(626) 391-1535

$ 1,600,000

Est. payment | -/mo

8,463 Sqft Lot

Save

$ 1,600,000

Est. payment | -/mo

Save

8,463 Sqft Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25079257

HOA Y/N No

Year Built 1962

Lot Size 8,463 Sqft

Property Sub-Type Mixed Use

Property Description

We are pleased to present 4043 Don Tomaso Drive, Los Angeles. Located in “The Dons” of Baldwin Hills, this large 6-unit building is comprised of (1) 3-Bedroom Unit, (3) 2-Bedroom Units, and (2) 1-Bedroom Units. The asset is operating at a 5.52% CAP Rate and a 11.6 GRM with over 40% in upside rent potential achievable through tenant buyouts or organic turnover. The soft story retrofit has been completed along with copper repiping, and there are five carport spaces in the front with ADU potential. Less than 1 mile away is the 42-acre Baldwin Hills Crenshaw Plaza, which was recently acquired by Harridge Development Group with a $1 Billion redevelopment plan. Conveniently located near the MLK Station (K Line), along with the 405 and 10 freeways, the property is a short commute to the Westside, DTLA, and LAX. This is an ideal investment opportunity for value-add buyers seeking cash flow and appreciation growth in a location supported by strong demographics.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LARD1.5

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 5

Pool None

Community Features Golf, Hiking, Sidewalks, Park

Total Parking Spaces 5

Private Pool No

Building

Lot Description Gentle Sloping, Near Park

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5026012017

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Listed by Larson Harley Lyon Stahl Investment Real Estate, Inc. 949-933-1112

GET MORE INFORMATION

Oscar Interiano

Broker-Owner | Lic# 01755103

oscar@omiandassociates.com

+1(626) 391-1535

1437 East Vine Ave West Covina, CA, 91791

4043 Don Tomaso DR Los Angeles, CA 90008

Oscar Interiano

Key Details

Location

Interior

Exterior

Building

Others

4043 Don Tomaso DR