4125 Palmyra Road Los Angeles, CA, 90008
$ 3,800,000Bedrooms Baths0.0
for $3,800,000. This home was built in 1957 on a lot size of 0.3581 Acre(s).
Boasting potential rental upside of 48% +/-, this is a terrific opportunity for both new or seasoned apartment investors. Built in 1957, 4125 Palmyra Road sits on an large 15, 599 square foot lot and has 15, 790 in rentable square feet. The building has also recently finished it's soft-story retrofit compliance work. The plumbing was upgraded to copper piping in 2012, and the two boilers were replaced in 2015 and 2017. The building was also recently repainted. Each unit is also individually metered for gas and electricity. There are also 12 on site, secured parking spaces for tenants and the building also provides on-site laundry facilities. A few of the units have been rehabbed as they turn over, and may include new tiling and vanities in bathrooms, modern kitchen cabinetry, and attractive vaulted ceilings. In today's competitive rental market, 4125 Palmyra Road is a rare find for both investors and tenants alike.
Building Amenities Laundry
Sewer Public Sewer
Water Source Public Water
Exterior* Excluded Features
Land Improvements Sidewalks Storm Drains Street Lights
Lot Description Level/Flat
Parking Covered Parking Parking
List By Keller Williams Beach Cities
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% 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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Single family listings in Los Angeles, CA
Average List Price $2,654,439
Percent of Sale Price 30 %
About Los Angeles, CA
6 % Since 2002
$ 52,600 Median Income
35.79 Median Age
29 % Households with Children