4161 Marlton Ave Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90008
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,006 sqft
Price per Sqft $183
MLS Listing ID 25533013
Bedrooms 6
Year Built 1950
Lot Size 8,011 Sqft
Acres 0.1839
Property Sub-Type Multi-Family
Property Description
We are pleased to present this six-unit apartment complex in the desirable Baldwin Hills area. It consists of all one-bedroom units, averaging over 1,000 square feet each. This 2-story structure was built in 1950 of wood-frame stucco construction. It is situated on an 8,011 square foot lot, which is zoned LAR3. The building also features 3 - 2 car garages off the alley as well as laundry hook-ups in each unit. The income is currently below market as it is producing $6,745 per month. Market rent for the building is closer to $13,320 per month. So, there is tremendous upside in the rent upon turnover, and this is a great opportunity to own in an exclusive rental area. Also, Seller Financing may be possible with a strong Buyer. Please do not disturb tenants or walk on the property. All offers to be made subject to inspection.
Location
State CA
County Los Angeles
Area Park Hills Heights
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Flooring Mixed, Hardwood, Vinyl Plank
Equipment Gas Dryer Hookup
Exterior
Parking Features Garage - 2 Car
Garage Spaces 6.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard