4043 Don Tomaso Dr - Apartments FOR SALE


Crenshaw, CA 90008
$1,800,000 USD
818-984-6964
4043 Don Tomaso Dr, Crenshaw, CA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/3
null | 4.9% Cap Rate

4043 Don Tomaso Dr
Crenshaw, CA 90008


HIGHLIGHTS

  • The property was recently retrofitted
  • The property features a large 3bedroom 2bathroom owners unit
  • The property is located in Baldwin hills. Which is surrounded by multi-million dollar homes
  • Close to public transportation/Expo K Line 2 miles from the property
  • The property was recently repiped with copper plumbing throughout

OVERVIEW

Introducing 4043 Don Tomaso Dr., a remarkable property that has undergone significant upgrades, including a complete repiping with high-quality copper plumbing. Additionally, the property has successfully completed a soft-story retrofitting, a crucial enhancement that reinforces the building's structural integrity against seismic activities. This upgrade not only boosts the safety of the property but also aligns with modern building codes, providing peace of mind for both investors and occupants. Situated in the vibrant Baldwin Village, this property benefits from the area's ongoing transformation, marked by substantial growth and development in recent years. The neighborhood has seen exciting projects, including the nearby Baldwin Hills-Crenshaw Medical Facility a state-of-the-art, four-story medical office building that opened in 2017. This facility has significantly improved healthcare services in the area and created numerous high-paying job opportunities. Accessibility is a key feature of 4043 Don Tomaso Dr. The property is conveniently located near major roadways, including the 10 freeway, allowing for quick commutes to prominent employment centers in Culver City, Century City, Beverly Hills, Hollywood, Inglewood, and Downtown Los Angeles. The area is also well-served by public transportation, with the Martin Luther King Metro K Line Station just 0.9 miles away, providing seamless rail access throughout the city. Don’t miss out on the opportunity to own a well-maintained property in a rapidly evolving area.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$313 USD /SF

# OF UNITS

6

PRICE/UNIT

$300,000

CAP RATE

4.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,464 SF

ZONING

LARD1.5

APN/PARCEL ID

5026-012-017

ASK ABOUT THIS PROPERTY

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818-984-6964

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Yunus HopkinsonKW CommercialMore Info
818-984-6964

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.