Address
4215 Don Tomaso Drive Los Angeles, CA
Price
$ 3,600,000
Property Attributes
  • 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

Property vs Zip Code Average in 90008

Price
AVG $1.2M
$3.6M
Visits
AVG 46
10
Year Built
AVG 1951
1958
Walkscore
AVG 57
24
Data Provided by Walkscore ® not using MLS data

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