4197 Marlton Avenue Los Angeles, CA $ 1,495,000
4197 Marlton Avenue
$ 1,495,000
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4197 Marlton Avenue

Los Angeles, CA, 90008
$ 1,495,000
Bedrooms10 Baths6.0 Sq 7,222

Monthly Estimate*

$ 9,205

Listed by Remax Commercial and Investment Realty
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Multi-Family Home for sale in Los Angeles, CA

for $1,495,000 with 10 bedrooms and 6 full baths. This 7,222 square foot home was built in 1950 on a lot size of 0.2465.

We are pleased to present the exclusive offering of an 8-unit value-add multifamily investment opportunity located at 4197 Marlton Avenue, adjacent to Baldwin Hills and just one block from the planned $1 Billion Baldwin Hills Plaza Redevelopment. Constructed in 1950 and offered for sale for the first time since completion by the original developer's family, the property has been exceptionally well-maintained and thoughtfully cared for over generations of ownership. The asset comprises approximately 7,222 square feet of building area situated on a generous 10,737 square foot lot. Zoned R3-1-XL and located within Tier 3 TOC, the property offers meaningful long-term development and density upside, including potential for detached ADU development (buyer to verify). The unit mix consists of six (6) one-bedroom/one-bath units and two (2) two-bedroom/one-bath units, with one of the two-bedroom units featuring an additional bonus/office room. All units are equipped with washer/dryer hookups. With detached garage parking, a low-basis acquisition profile, and substantial rental upside in a high-demand submarket, this offering presents investors with a compelling opportunity to acquire a well-located, generational asset with both near-term income growth and long-term value-add potential. Investors have the opportunity to capture immediate upside through the potential development of detached ADUs pursuant to SB 1211 (buyer to verify all feasibility, zoning, and entitlement requirements).Disclosure: Buyers are to conduct thorough and independent due diligence, including verifying building square footage, lot size, legal bedroom/bathroom count, parking availability, unit mix, year built, zoning, market rents, and the feasibility of ADUs or additional units. DO NOT DISTURB TENANTS OR ENTER THE PROPERTY - DRIVE-BY ONLY.

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Multi-Family Active

Price

$ 1,495,000

Bedrooms

10

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2465

Year Built

1950

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26653673

Days on Market

5

Features
General
Living Area 7222
Heating Wall Furnace
Zoning LAR3
Garage Spaces 7
Year Built 1950
Stories Count 2
Levels Two
Gross Income 146040
County Los Angeles
Net Operating Income 94890
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions West of Crenshaw Blvd North of Stocker - Corner Property on Marlton & Santo Tomas
City Los Angeles
Senior Community Y/N false
Number Of Units Total 8
MLS Area PHHT - Park Hills Heights
Lot Size Units Square Feet
Lot Size Square Feet 10737
Rent Control Y/N true
Standard Status Active
Cap Rate 6.35
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Interior
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 10
Total Baths 8
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Exterior
Total Parking 7
Lot Size Area 10737
Number of Buildings 1
Building Area Total 7222
Lot Size Acres 0.2465
Lot Size Source Other
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* Excluded Features
List By
Remax Commercial And Investment Realty

Broker

ericdilanian@remaxcir.com

Email

Affordability Calculator

$9,205
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,205
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.25% 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
2/18/2026$1,495,000 Listed Price

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4197 Marlton Avenue, Los Angeles, CA, 90008 is a Multi-Family Home for sale at $1,495,000 with 7,222 sqft and a lot size of 0.2465. 4197 Marlton Avenue has 10 bedrooms, 6.0 baths, and was built in 1950. The property's zip code is 90008 which is in Los Angeles, CA