$4,000,000 Price Analysis   ♡   Los Angeles, CA 90008 20 bed 20 bath 14,108 SqFt ($283/SqFt) 0.37 acre lot. Built 1954 Listed 2024-07-02, Taxes $15,586 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
4106 and 4112 Palmwood Drive is located in Baldwin Village
Is a twenty-unit property priced at a current 6.19% Cap Rate and 9.98 GRM, with prjected rental upside of about 19% for a new owner! The buildings are on two separate parcels, providing a future owner the ability to sell individually to help avoid ULA Tax. The units are comprised of all One Bedroom units, which are large and average over 700 square feet each. There are also RTI permits for four new ADUs in part of the existing garage space!
The property is surrounded by terrific amenities, allowing tenants to accomplish most errands and daily tasks on foot, cutting down on the need for parking. Transit options are also exceptional, with terrific access to bus stops and metro rail lines.
Presented by Josh S Cohen at
Keller Williams Realty Beach Cities.
Property MLS #SB24135620 from CRMLS
Additional Parcels: Yes
Lot Description: Level with Street
Lot Size Acres: 0.3713
Lot Size Source: Assessor
Lot Size Square Feet: 16172
Parking Total: 12
Bedrooms in Unit-1: 1
Total Bathrooms in Unit-1: 1
Rent Control: Yes
County: Los Angeles
Other Expense: 145773.00
Source Property Type: Residential Income
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 22
Number of Separate Gas Meters: 22
Number of Separate Water Meters: 2
Parcel Number: 5032009010
Postal Code Plus 4: 2341
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $334,654 + $892,414 $1,227,068 | $15,586 |
| 2021 | $328,093 + $874,916 $1,203,009 | $15,366 |
| 2020 | $324,729 + $865,945 $1,190,674 | $15,510 |
| 2019 | $318,362 + $848,966 $1,167,328 | $14,929 |
| 2018 | $312,120 + $832,320 $1,144,440 | $14,786 |
| 2017 | $306,000 + $816,000 $1,122,000 | $14,440 |
| 2016 | $300,000 + $800,000 $1,100,000 | $14,058 |
| 2015 | $256,082 + $595,743 $851,825 | $11,102 |
| 2014 | $251,066 + $584,074 $835,140 | $11,201 |
| 2013 | $249,932 + $581,435 $831,367 | $11,196 |
| 2012 | $245,032 + $570,035 $815,067 | $11,341 |
| 2010 | $240,228 + $558,858 $799,086 | $11,046 |
| 2009 | $395,352 + $582,624 $977,976 | $12,884 |
| 2009 | $238,433 + $554,682 $793,115 | $12,884 |
| 2008 | $387,600 + $571,200 $958,800 | $12,357 |
| 2007 | $172,076 + $126,188 $298,264 | $4,406 |
$4,000,000
CRMLS
Sold 2015-09-22
$1,100,000
Public Record
Listing removed 2014-03-07
$750
WestsideRentals
Listing removed 2014-03-07
$750
WestsideRentals
Price Changed for rent 2014-02-01
$750
WestsideRentals
Price Changed for rent 2013-12-17
$750
WestsideRentals
Listed for rent 2013-12-14
$0
WestsideRentals
Listed for rent 2013-12-14
$0
WestsideRentals
Sold 2009-04-28
$795,000
ITECH
Listing removed 2009-02-22
$795,000
CRMLS
Listing removed 2009-02-07
$795,000
CRMLS
Listing removed 2009-01-31
$795,000
ITECH
Listing removed 2008-10-23
$795,000
TheMLSCLAW
Listed 2008-10-07
$795,000
CRMLS
Listed 2008-10-07
$795,000
TheMLSCLAW
Listed 2008-10-06
$795,000
ITECH
Listed 2008-10-06
$795,000
ITECH
Listing removed 2008-09-05
$850,000
ITECH
Listing removed 2008-06-06
$850,000
ITECH
Listed 2008-03-05
$850,000
ITECH
Listed 2008-03-05
$850,000
ITECH
Listing removed 2007-05-04
$900,000
ITECH
Listed 2006-08-07
$900,000
ITECH
Sold 2000-05-01
$260,000
Public Record
Sold 1976-06-11
$75,500
Public Record
Year Built: 1954
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 70
Property Attached: Yes
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Public Records
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.