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4001 Palmyra Road, Los Angeles, CA 90008

$1,990,800
Multi Family MLS# SB17152211 ID: 46274591
$1,990,800 Get Rates

The property at 4001 Palmyra Road is comprised of 8,106 SF of land with a building size of 7,396 SF. The property features a unit mix of three 2 Bedrooms/1 Bath unit and seven 1 Bedroom/1 Bath units averaging over 740 SF each. The building enjoys incredibly low expenses by being individually metered for gas and electric. There is ample parking with street parking at the front of the building, along with secure car port parking spaces located at the rear of the property. This property offers an astute investor strong immediate cash flow. With over 15% rental upside, as one can easily achieve market cash-on-cash over 6%.This property is located in the heart of Baldwin Hills, just a few blocks from the Baldwin Hills Crenshaw Mall and redevelopment retail corridor, newly developed Kaiser Hospital, and just minutes from the Kenneth Hahn State Park. Mall owners (Capri Capital) are envisioning a bold remake of the existing neighborhood that would add two million square feet of new retail and hotel space, plus offices, condos, and apartments on nearly every spare inch of the mall.

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Location Information near 4001 Palmyra Road
Offered by Kevin Russell at Gibraltar Investment Partners

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Property Features for 4001 Palmyra Road
Status
Market Status
Available
Last Updated
September 24, 2017
Description
Property Type
Multi Family
Year Built
1955
Stories
2.0

Community Info

  • Home Owner Asso.: Sidewalks, Street Lights

Location

  • MLS Area: C16 - Mid Los Angeles

Lot Features

  • Lot Size: Corner Lot
  • Kevin Russell
  • Gibraltar Investment Partners

Data Provided by:
California Regional Multiple Listing Service

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More information about this $1,990,800 Multi Family at 4001 Palmyra Road

This $1,990,800 Multi Family at 4001 Palmyra Road in Los Angeles, CA is presented by Kevin Russell. This $1,990,800 Multi Family, located in the 90008 zip code, has the following property features: MLS Area, Home Owner Asso., Lot Size. This 4001 Palmyra Road Multi Family, located in Los Angeles County , is listed under MLS listing number SB17152211 and has a listing price of $1,990,800. You can find more LOS ANGELES homes for sale here.