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$ 1,395,000
Est. payment /mo
New
4119 Palmyra RD Los Angeles, CA 90008
10 Beds
10 Baths
7,330 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,330 sqft
Price per Sqft $190
MLS Listing ID 26848687
Bedrooms 10
HOA Y/N No
Year Built 1955
Lot Size 7,801 Sqft
Property Description
We are pleased to present the exclusive offering of 4119 Palmyra Road, a 10-unit multifamily investment opportunity located adjacent to Baldwin Hills and just blocks from the planned $1 billion Baldwin Hills Plaza redevelopment. Constructed in 1955 and offered for sale for the first time in more than 50 years, this property presents an exceptional opportunity for both experienced investors seeking to add a value-add asset to their portfolio and first-time multifamily buyers looking to enter the Los Angeles apartment market at an attractive basis. The property offers approximately 7,300 square feet of living space, with all 10 units featuring spacious one-bedroom, one-bathroom floor plans. Three units are currently vacant, with an additional unit anticipated to become vacant, providing a new owner with the immediate opportunity to renovate, select new tenants, and establish market rents. With its desirable central location, substantial rental upside, and proximity to a major planned redevelopment, 4119 Palmyra Road offers a compelling opportunity to acquire a well-positioned multifamily asset with long-term appreciation potential.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Covered
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5032007016
Special Listing Condition Standard
Listed by Alexander Trevino Trevino Properties Inc. #01324975
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