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$1,650,000

Est. payment - /mo

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7 Beds

5 Baths

4,101 SqFt

New

4031 Don Tomaso DR Los Angeles, CA 90008

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Kevin Hall

kmhadvisors@gmail.com +1(323) 854-2814

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,101 sqft

Price per Sqft $402

MLS Listing ID 25535811

Bedrooms 7

HOA Y/N No

Year Built 1953

Lot Size 8,463 Sqft

Property Description

Presenting a meticulously maintained 5-unit multifamily apartment building in the highly desirable Baldwin Hills neighborhood. This exceptional and well-maintained property features three 1-bedroom, 1-bathroom units and two 2-bedroom, 1-bathroom units. One unit (1+1) is being delivered vacant. With strong current income and significant future rental upside potential, this building is a valuable addition to any investor's portfolio. All units are separately metered for gas and electricity, providing ease of management, and three of the five units have been thoughtfully updated and two units have AC splits. Additional amenities include two 2-car garages, a single-car garage, an onsite laundry room, and a common area backyard for tenants to enjoy. Recent improvements include a new roof (installed in 2024). The neighboring building at 4025 Don Tomaso Dr is also available for sale, offering a unique opportunity. Both properties can be sold individually or as a package; and both properties are zoned LARD1.5, offering major development opportunities for savvy investors and developers looking to capitalize on the area's growth. Located near local hotspots Jon & Vinny's, Hilltop Coffee & Kitchen and Somerville Restaurant. Minutes from Kenneth Hahn Park, Rueben Ingold Park and Park to Playa Trail. The property provides easy access to the EXPO and Crenshaw LAX lines, an attractive draw for many tenants. Furthermore, it's just minutes from the upcoming Stocker Creative, a groundbreaking development set to feature studio and sound stage production facilities, creative industry office spaces, business and technology incubation, and industry-specific job development within a collaborative ecosystem. This local development is set to draw significant interest from investors and developers, enhancing the property's appeal and potential for value appreciation. Don't miss out on this rare opportunity to invest in a thriving community with promising growth on the horizon.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Fireplace No

Appliance Refrigerator, Dryer, Washer

Laundry Laundry Room

Exterior

Parking Features Door-Multi, Door-Single, Garage, Garage Door Opener, Community Structure

Garage Spaces 5.0

Garage Description 5.0

View Y/N Yes

Total Parking Spaces 5

Building

Story 2

Entry Level Multi/Split

Architectural Style Traditional

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5026012015

Special Listing Condition Standard

Listed by Erica Lockhart • Compass

Kevin Hall

Agent | License ID: 01387143

+1(323) 854-2814 | kmhadvisors@gmail.com

4031 Don Tomaso DR Los Angeles, CA 90008

Kevin Hall

Key Details

Location

Interior

Exterior

Building

Others

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4031 Don Tomaso DR