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36-Bedroom ResidentialIncome — 4901 August Street, Los Angeles, CA

$2,800,000

4901 August Street, Los Angeles, CA

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About this property

1st Time on Market in Over 50 Years , This Well Maintained 14 Unit Building Sits in the Most Desireable area Of Baldwin Village just a block east of La Brea at Stevely Street. This area has had a Renaissance of Sorts in the last few years with Major developments Including Kaiser, New Light Rail less than 1/4 Mile away, Costco (Coming Soon) as well as Many Other Projects. Prospective Buyers will Inherit a Property with an Outstanding Mix of 8 (3) Bedroom 2 Bath Units and 6 (2) Bedroom/ 2 Bath Units with (1) of these Units being VACANT and One More Potentially Vacant. In addition there is gated parking for all Tenants, Washer and Dryer Room, Patios and Balconies on every Apt. Some Upgrades recently are New Windows and Patio Doors within the last 3 years, New Sewer Line, Some upgraded Electrical Sub Panels and Retrofit ( Soft Story) Completed. Seller is Motivated !

Property details

Bedrooms
36
Bathrooms
28
Square feet
17,872
Year built
1959
Property type
ResidentialIncome

Location

4901 August Street • Los Angeles, CA 90008

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Listed by

Martin Watkins · Watkins Realty & Investments