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4015 Palmwood Drive, Los Angeles, CA 90008

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For Sale

$2,199,000

15 beds • 10 baths • 4 half baths • 9,146 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $240.43
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

I'm pleased to offer this prime 10 unit investment opportunity with strong growth potential in desirable Baldwin Village. Tremendous upside awaits as two units will be delivered vacant at COE. The owner currently lives in one unit and is the manager. He is leaving at the close of escrow. A professional owner/investor can start this investment off on the right foot from the close of escrow and turn it into a cash cow. There is upside rental potential as well which supports CAP rate closer to 8%. Located in Baldwin Village with close proximity to the nations first Costco-anchored mixed use development. The area is seeing lots of transformative redevelopment including the $700M Baldwin Hills Crenshaw Plaza. These projects are anticipated to bring in lots of jobs and revitalize the surrounding area. This asset features an attractive unit mix. Some units have been updated recently. The exterior of the property was painted recently. Gated parking off the alley. Units are separately metered for gas and electric. Tenants are not aware property is being sold. Please don't walk onto the property. Contact Andrew for offering memorandum or questions. (951) 741-0002.
MLS# AR25266100

Courtesy Of RE/MAX Premier Properties

(626) 660-1100

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.