See all 7 photos
$1,200,000
Est. payment /mo
6,006 SqFt
New
4161 Marlton Avenue Los Angeles, CA 90008
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,006 sqft
Price per Sqft $199
MLS Listing ID CL25533013
HOA Y/N No
Year Built 1950
Lot Size 8,011 Sqft
Acres 0.18
Property Sub-Type Other
Property Description
We are pleased to present this six-unit apartment complex in the desirable Baldwin Hills area. It consists of all one-bedroom units, averaging over 1,000 square feet each. This 2-story structure was built in 1950 of wood-frame stucco construction. It is situated on an 8,011 square foot lot, which is zoned LAR3. The building also features 3 - 2 car garages off the alley as well as laundry hook-ups in each unit. The income is currently below market as it is producing $6,745 per month. Market rent for the building is closer to $13,320 per month. So, there is tremendous upside in the rent upon turnover and this is a great opportunity to own in an exclusive rental area. Please do not disturb tenants or walk on the property. All offers to be made subject to inspection.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Flooring Wood
Fireplace No
Building
New Construction No
Others
Tax ID 5032017014

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Listed by Jerome McAlpin • McAlpin & Company
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289