Property · 2 recorded sales since 2012
Listing Agent: Michael A Salerno (DRE #01212427) · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Glenn Brander · Miller & Desatnik Realty Co. · MLS #18325300 · Source: CRMLS
29 units in prime Baldwin Hills. Excellent unit mix, 18-1bd+1ba and 11-2bd+1ba units. Below market rents with huge upside potential. Gated entry and parking. Individually metered for gas & electric. New rod iron fencing, copper plumbing and the holding tank was replaced in 2012. Located in the desirable and rapidly improving Baldwin Hills/Crenshaw neighborhood of Los Angeles, CA. The building is close to the Baldwin Hills Crenshaw Plaza, an existing shopping center with approved plans to be redeveloped into 961 residential units, 300,000 sq. ft. of retail & restaurant space, a 10 story office building & a 400 room hotel. Also within blocks of the brand new Kaiser Permanente facility. The City of Los Angeles is also heavily invested in improving this neighborhood, with the upcoming Crenshaw/LAX transit line extension, and 8.5 mile rail line connecting the Metro Blue Line with the Metro Green Line, including direct access to Los Angeles International Airport.
Listing description from the June 2018 sale, as reported to CRMLS.