$3,995,000

4906 August Street, Los Angeles, CA 90008

  • 17,179 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $233/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

We are pleased to present 4906 August Street in Los Angeles, CA, a 26-unit apartment building offering strong in-place income and value-add opportunity. The property features a unit mix of six studios, eighteen one-bedroom units, and two two-bedroom units. With 18 on-site parking spaces and three vacant units ready for repositioning, the asset allows for immediate income growth alongside stable cash flow. Recent capital improvements include a new roof (2021), soft-story seismic retrofit (2021), plumbing upgrades (2017), and new water heaters (2023),delivering a solid operational foundation. Located in the highly desirable Baldwin Village / South Los Angeles submarket near the Crenshaw Corridor and Leimert Park, the property benefits from ongoing redevelopment, transit access, and strong renter demand making it an ideal acquisition for investors seeking long-term appreciation in a growing market. For more information, please reach out.

Listing Status:
Active
Date Added:
January 5, 2026
Data Last Updated:
February 17, 2026 at 7:08AM
Listing Office:
Marcus & Millichap : 424-405-3900
Listing Agent:
Jonathan Weir : 424-405-3855
MLS ID:
CL26633967
  • A/C: None
  • Heating: Wall Furnace
  • Parking: Other
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAR35030005023
  • Source: CRMLS

This listing courtesy of Jonathan Weir , Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hillcrest Drive Elementary

4041 Hillcrest Dr, Los Angeles, CA, 90008

Grades KG-5

0.39 miles away

M

Marlton

4000 Santo Tomas Dr, Los Angeles, CA, 90008

Grades KG-12

0.77 miles away

V

View Park Continuation

4701 Obama Blvd, Los Angeles, CA, 90016

Grades 9-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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