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4017 Gelber Place Los Angeles, CA $ 1,400,000
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$ 1,400,000 Get more info
4017 Gelber Place
$ 1,400,000
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4017 Gelber Place

Los Angeles, CA, 90008
$ 1,400,000
Baths1.0 Sq 7,010

Monthly Estimate*

$ 8,620

Listed by Keller Williams
4017 Gelber Place, Los Angeles, CA 90008 - Image 1
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Studio

Single Family Home for sale in Los Angeles, CA

for $1,400,000 with 1 full bath. This 7,010 square foot home was built in 1956 on a lot size of 0.1937.

Great opportunity to own an 8-unit property in Baldwin Hills with a 5% cap rate! The building sits on a 8,439 square-foot lot and features a balanced unit mix of four 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units. Each unit includes carport parking, offering added convenience for tenants. This property presents a solid opportunity for investors seeking potential income in a desirable Los Angeles location. Also Recent upgrades to the following NEW Roof, Newer windows, Newer plumbing and New Electrical panel. Owner has done a wonderful job maintaining these 8 units.

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Single Family Active

Price

$ 1,400,000

Bedrooms

Studio

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.1937

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

TR26046412

Days on Market

73
Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Roof Composition
HOA Fee 0
Garage Spaces 0
Pool Features None
Security Features GatedCommunity WindowBars
Construction Materials Drywall Stucco
Year Built 1956
Electric Standard
Tenant Pays Electricity Gas
View None
Property Subtype Apartment
Gross Income 0
Community Features Sidewalks Gated
Accessibility None Parking
County Los Angeles
Net Operating Income 66795.24
Operating Expense 57066
Insurance Expense 5810
New Construction false
Property Type ResidentialIncome
HOA false
MaintenanceExpense 4500
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Gelber Pl & Santo Tomas Dr.
City Los Angeles
Disclosures RentControl
Entry Location LEVEL ONE
Senior Community Y/N false
Number Of Units Total 8
MLS Area PHHT - Park Hills Heights
Lot Size Units SquareFeet
Lot Size Square Feet 8439
Carport Spaces 6
Carport Y/N true
Number of Units Leased 7
Listing Terms Cash
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Property Condition RepairsCosmetic UpdatedRemodeled
Trash Expense 5431
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 82
Total Actual Rent 10641
Property Sub Type Additional Apartment
Taxes 17500
Cap Rate 5
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Interior
Interior Amenities Unfurnished
Flooring Carpet Tile
Fireplace Features None
Total Stories 2
Common Walls TwoCommonWallsOrMore
Air Conditioning Y/N true
Heating Y/N true
Window Features InsulatedWindows
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Fencing Security
Parking Features Carport
Lot Features ZeroToOneUnitAcre
Total Parking 6
Lot Size Area 8439
Foundation Details Slab
Number of Buildings 1
Spa false
Building Area Total 7010
Lot Size Acres 0.1937
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded Features
List By
Keller Williams

Broker

sophia@cbtopteam.com

Email

Affordability Calculator

$8,620
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,620
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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
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/3/2026$1,400,000 Listed Price

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4017 Gelber Place, Los Angeles, CA, 90008 is a Single Family Home for sale at $1,400,000 with 7,010 sqft and a lot size of 0.1937. 4017 Gelber Place 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

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