855.375.4001
Listed by John Katnik - BRC Advisors- BH
$1,200,000 affordable loan icon Calculate Payment

3815 Don Tomaso Drive Los Angeles, CA 90008

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Cluster Residence
9 Beds
8 Baths
... Bed/Bath
4,666 Sq. Ft.

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Last updated on 10/5/2024 5:21 PM
$100K Price Reduction! 5.5% cap rate with upside to a 9.3% cap rate! All units are occupied. We are proud to present an opportunity to acquire a 6-unit apartment community located in the highly desirable Baldwin Hills market of Los Angeles. The offering features true rental upside and current owners...hip just completed a brand new 3 bedroom/2 bathroom ADU that includes white shaker cabinets,quartz counters, LVP floors and beautiful bathrooms. The ADU unit also includes an in-unit washer and dryer and has a AC/Heat Mini Split System. Total square footage is based on 3,666 assessor total square footage plus 1,000 sq ft brand new ADU (Buyer to verify). The value-add apartment boasts strong day-1 income and contains an attractive unit mix of 1, 2 and 3 bedroom floorplans. The property is in one of the hottest markets in Los Angeles surrounded bymulti-million dollar homes and lies in close proximity to all of LA's major employment hubs. This investment presents a very attractive opportunity to own avalue-add apartment on one of the most desirable streets in Baldwin Hills. Continue reading
MLS#
24382233
Property Type
Cluster
Bedrooms
9
Bathrooms
Year Built
1954
Square Feet
4,666 sq. ft
Lot Size
0.25
Stories
2.0

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Listed by John Katnik - BRC Advisors- BH
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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