4037 Don Tomaso Drive, Los Angeles, CA 90008

$1,295,000 Approx. USD 0 beds, 0 baths
5,712 sqft

Agent Remarks

-PRICE REDUCED! 5 unit building with rare 1980's construction in Baldwin Hills! Exceptional price per square foot for 80's construction below the cost of replacement! Fantastic unit mix consisting predominately of 3 and 4 bedroom units. Tenants enjoy onsite laundry room and parking. Within walking distance to Crenshaw Mall which is slated for a mixed-use development with over a million square feet of retail, residential, office, restaurants, green space and a hotel with banquet facilities. All units are section 8 with HAP contract running thru end of March 2018, then subject property becomes unregulated with tremendous upside potential and no rent control due to 80's construction.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# SB16116227
List price is $1,295,000 Reduced by $10,000 on 8/16/2016
Beds: 0
Baths: 0
Built in 1982
5,712 sqft
2 stories
0.19 acres
Lot size: 8464.000
County: Los Angeles
MLS area: PHHT - Park Hills Heights

Last Updated: 10/14/2016

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This listing belongs to the PHHT - Park Hills Heights MLS area

Lat/Long: 34.004944, -118.343956.
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Broker: Courtesy of RE/MAX Commercial & Inv Realty
Listing Agent: Daron Case

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