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- ML#SB21022650
- TypePending
- CountyLOS ANGELES
- CityLos Angeles
- Zip90008
- Style
- Price$ 3,600,000
- Bedrooms16
- Full Bathrooms16
- Half Bathrooms0
- Lot Size0.39 Acres
Listing Provided Courtesy Of:
Josh Cohen with Keller Williams Beach Cities.
Data Source:
CRMLS
Property Description
4215 Don Tomaso Drive is a 16-unit property is situated on a spacious, 17,176 square foot lot, and boasts a projected rental upside of almost 40% +/- for it's new owner. The units are large, well laid out and consist of an outstanding unit mix of Three 2 Bed / 1 Bath units, Twelve 1 Bed / 1 Bath units, and One Studio unit. The property is individually metered for gas and electricity, and features many amenities that tenants enjoy - there is onsite parking available, laundry facilities (serviced by a master 100-gallon water heater), as well as a lush central courtyard with a pool (resurfaced just a few years ago and in compliance). The peaceful courtyard provides plenty of seating available for residents to relax and enjoy the sun. The Seller has also taken care to maintain this great asset over the years, and has recently completed the seismic retrofit work required by the City of LA. Plumbing has been replaced with copper as needed. Recently, a section of the roof was replaced and less than half of the units have had some upgrades, creating an opportunity for a new owner to create their own value-add additions! The property is surrounded by plenty of great communities and exciting developments. Leimert Park Plaza is nearby, which has been undergoing a facelift in recent years, and the Baldwin Hill Crenshaw Plaza mall is also within walking distance. Tenants of this tremendous investment opportunity will be thrilled with their high quality property and the nearby amenities.
Price History | |
---|---|
2/4/2021 | Listed $3,600,000 |
General Features
Community Features | Urban |
---|---|
Garage Spaces | 10 |
Garage Y/N | Yes |
Levels | Two |
MLS Area | 699 - Not Defined |
Parking Features | Covered |
Pool Features | In Ground, Private |
Private Pool | Yes |
Property Type | Residential Income |
Sewer | Public Sewer |
Terms | Cash, Cash to New Loan, 1031 Exchange |
Total Units | 16 |
Zoning | LARD1.5 |
Interior Features
Common Walls | No Common Walls |
---|---|
Laundry Features | Common Area |
Exterior Features
Lot Features | 16-20 Units/Acre |
---|---|
Lot Size Acres | 0.39 |
Lot Size Area | 17176 |
Lot Size Source | Assessor |
Lot Size Square Feet | 17176 |
Lot Size Units | Square Feet |
Number of Buildings | 1 |
Number of Separate Electric Meters | 17 |
Number of Separate Gas Meters | 17 |
Number of Separate Water Meters | 2 |
Total Parking | 10 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool