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4327 Don Tomaso Drive, Los Angeles, CA 90008

Property · 2 recorded sales since 2014

4327 Don Tomaso Drive, Los Angeles, CA 90008 Sold June 2021 CRMLS
$1,125,000Sold June 2021

Listing Agent: Jonathan Weir (DRE #02038545) · Listing Office: Marcus & Millichap · Contact: 424-405-3900 · Bought with: Jonathan Weir · Marcus & Millichap · MLS #21730374 · Source: CRMLS

9,475 sqft
Lot Size
1959
Year Built
Property
Type
None
Cooling
None
Heating

About this property

We are pleased to present 4327 Don Tomaso Drive, a 5-unit investment property in Los Angeles, California. The property is located just off of Stocker Street and blocks from La Brea Avenue. This area is a solid majority-renter market with low vacancy rates. 4327 Don Tomaso Drive consists of three 2 bedroom 1 bathroom units and two 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers two 2 car garages and one single car garage in the front. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents. PROPERTY HIGHLIGHTS: Three 2 Bedroom and Two 1 Bedroom Units, 5 Garage Spaces, A Potential 172% Increase in NOI, Just minutes from the Kenneth Hahn State Recreation Area

Listing description from the June 2021 sale, as reported to CRMLS.

Sale history

$1,125,000
Sold June 2021 · listed $1,200,000, on market May 2021 · MLS #21730374 · Source: CRMLS
Listing Agent: Jonathan Weir · Listing Office: Marcus & Millichap · Contact: 424-405-3900 · Bought with: Jonathan Weir · Marcus & Millichap
$596,000
Sold September 2014 · listed $585,000, on market May 2014 · MLS #SB14115137 · Source: CRMLS
Listing Agent: Robert Green · Listing Office: Penmar Management & Finance Inc · Contact: 310-326-3424 · Bought with: Anthony Lamb · Sellstate Exclusive Realty
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