4015 Palmwood Drive Los Angeles, CA $ 2,199,000
4015 Palmwood Drive
$ 2,199,000
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4015 Palmwood Drive

Los Angeles, CA, 90008
$ 2,199,000
Baths1.0 Sq 9,146

Monthly Estimate*

$ 13,719

Listed by Re/Max Premier Prop SanMarino
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,199,000 with 1 full bath. This 9,146 square foot home was built in 1956 on a lot size of 0.186.

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.

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Multi-Family Active

Price

$ 2,199,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.186

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

AR25266100

Days on Market

26

Features
General
Sewer Unknown
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1956
Tenant Pays Electricity Gas Telephone
Property Subtype Apartment
Gross Income 189360
Community Features Sidewalks
County Los Angeles
Net Operating Income 116273
Operating Expense 73087
Insurance Expense 30000
New Construction false
Property Type Residential Income
HOA false
Contingency No Seller contingencies. Write it up!
MaintenanceExpense 2400
Garage Y/N false
Special Listing Conditions Standard Trust
Status Active
Directions From MLK Blvd go south on Buckingham Road then right on Palmwood Drive
City Los Angeles
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 10
MLS Area PHHT - Park Hills Heights
Lot Size Units Square Feet
Lot Size Square Feet 8103
Carport Spaces 5
Carport Y/N true
Number of Units Leased 8
Listing Terms Cash Cash to New Loan Submit
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 600
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 28
Property Sub Type Additional Apartment
Taxes 27487
Cap Rate 5.28
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features None
Entry Level 1
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Exterior
Parking Features Attached Carport Assigned Gated
Lot Features Cul-De-Sac Level Street Level
Water Source See Remarks
Total Parking 5
Lot Size Area 8103
Number of Buildings 1
Building Area Total 9146
Lot Size Acres 0.186
Private Pool false
Lot Size Source Assessor
Pool Charge 0
Number of Separate Water Meters 1
Number of Separate Gas Meters 11
Number of Separate Electric Meters 11
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* Excluded Features
List By
Re/Max Premier Prop Sanmarino

Broker

andrew.loefflerteam@gmail.com

Email

Affordability Calculator

$13,719
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,719
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$2,199,000 Listed Price

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4015 Palmwood Drive, Los Angeles, CA, 90008 is a Multi-Family Home for sale at $2,199,000 with 9,146 sqft and a lot size of 0.186. 4015 Palmwood Drive is a studio with 1.0 baths and was built in 1956. The property's zip code is 90008 which is in Los Angeles, CA