HouseCanary, Inc. Brokerage

3779 Lockland Dr., Los Angeles, CA 90008

Multifamily
20 Beds
20 Baths
11,742 Sq Ft
38 Days on Market

Listing Agent & Comments

John KatnikBRC Advisors- BH
310-956-2291john@brcadvisors.com License #02002695
Assumable Loan of $2,189,000 at 4.82% fixed until 10/1/2027. We are proud to present, as the exclusive listing advisor, this 12-unit apartment in the heart of Baldwin Hills! This property offers a unique opportunity to acquire a cash flowing property with true rental upside. This property can also be paired with a 16-unit apartment located a few blocks away. The offering features a total of 12 apartment units consisting of 11,742 total building square feet sitting on a 10,074 square foot lot. The unit mix comprises of eight 2-bedroom/2-bathroom units and four 1-bedroom/1-bathroom units. Soft story retrofit has been completed by the owner. The property has 14 total parking spaces consisting of 2 garages, 10 covered carport spaces and 2 open spaces. Tenants also can enjoy on-site laundry facilities and a pool. Half of the units are on section 8 housing vouchers while the rest are market rate tenants. Sitting just south of MLK and east of Crenshaw Blvd, this area of Baldwin Hills is very desirable given how close it is to Leimert Park.

MLS# 25484375 • Data provided by CRMLS
Additional home details
Living Area11,742 Sq.Ft.
Lot Size0.2 Acres
Total Rooms--
Bedrooms20
Bathrooms20
Stories2
Year Built1960
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
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Courtesy of BRC Advisors- BH