4015 Palmwood Drive, Los Angeles, CA 90008

• 5 beds |
• 4 baths

Property Description

I'm pleased to offer this prime 10 unit investment opportunity with strong growth potential in desirable Baldwin Village. Tremendous upside awaits as two units will be delivered vacant at COE. The owner currently lives in one unit and is the manager. He is leaving at the close of escrow. A professional owner/investor can start this investment off on the right foot from the close of escrow and turn it into a cash cow. There is upside rental potential as well which supports CAP rate closer to 9%. Located in Baldwin Village with close proximity to the nations first Costco-anchored mixed use development. The area is seeing lots of transformative redevelopment including the $700M Baldwin Hills Crenshaw Plaza. These projects are anticipated to bring in lots of jobs and revitalize the surrounding area. This asset features an attractive unit mix. Some units have been updated recently. The exterior of the property was painted recently. Gated parking. Units are separately metered for gas and electric. Tenants are not aware property is being sold. Please don't walk onto the property.

Listing Status:

Active

Listing Office:

Re/Max Premier Prop SanMarino : 626-660-1100

Listing Agent:

Andrew Loeffler : 951-741-0002

MLS ID:

AR25266100

Exterior

• Pool: N/K

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: Assessor5032008023

Financial

• Source: California Regional MLS

This listing courtesy of Andrew Loeffler, Re/Max Premier Prop SanMarino