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Gail Mercedes Cole
The Hills Premier Realty
 9595 Wilshire Blvd, Ste #900, 

Beverly Hills, CA 90212

310-853-9933
Contact Me

" Selling Dreams and Lifestyles"

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Listing 17 out of 28
$1,825,000 For Sale

3913 Don Tomaso Drive
Los Angeles, CA 90008

15 beds | Residential Income
8,922 sq ft - MLS# 18401758
Property Photo
1/5

Description

We are pleased to present a six unit property located in Baldwin Hills, California. Situated at 3913 Don Tomaso Drive, just north of Stocker Street and west of Crenshaw Boulevard, the property is well positioned in the heart of Los Angeles with access to many major thoroughfares.Constructed in 1960, the property sits in a great rental pocket and has an incredible unit mix of three (3) three bedroom/two bathroom units, and three (3) two bedroom/two bathroom units that could potentially be converted into condo units (buyer to verify). Two of the 3 bedroom units come with a private two car garage. Select tenants enjoy a breathtaking view of Downtown with private balconies. The property is being offered by the original developer.Positioned in a prime Baldwin Hills location, the subject property offers strong cashflow, and presents a special opportunity for a savvy investor to capitalize on good rental upside in a strong market.

Features

  • Property Type: Residential Income
  • Sub Type: Apartment Building
  • Listing Status: Active
  • County/Area: Los Angeles County
  • Zip Code: 90008
  • Year Built: 1974
  • Subdivision/Neighborhood: Park Hills Heights (PHHT)
  • Sq.Ft.: 8,922 sq ft
  • Stories: 3+-Story
  • Bedrooms: 15
  • # of Parking Spaces: 6
  • Zoning: LARD1.5
  • Adjusted Gross Income: 131136.00
  • Agent License Number: 01772495
  • Cap Rate: 4.65
  • City Code: 10000058287
  • Cooling Type: Air Conditioning
  • Expense Total Annual: 42417.00
  • Gross Operating Income: 131136.00
  • Gross Rent Multiplier: 13.92
  • Heating Type: Wall Heater
  • Lot Size SQ FT: 15469
  • Lot Size Source: Vendor Enhanced
  • Net Operating Income: 84785.00
  • Number Of Buildings: 1
  • Parking Type: Garage - Two Door
  • Square Footage Source: Vendor Enhanced
  • Status: Active
  • Total Floors: 3
  • Unit Furnished01: Unfurnished
  • Unit Furnished02: Unfurnished
  • Unit Furnished03: Unfurnished
  • Unit Furnished04: Unfurnished
  • Unit Furnished05: Unfurnished
  • Unit Furnished06: Unfurnished
  • Unit Furnished07: Partially
  • Unit Furnished08: Partially
  • Unit Furnished09: Partially
  • Unit Furnished10: Partially
  • Unit Furnished11: Partially
  • Unit Furnished12: Partially
  • Unit Furnished13: Partially
  • Unit Monthly Rent01: 1838.00
  • Unit Monthly Rent02: 1964.00
  • Unit Monthly Rent03: 1797.00
  • Unit Monthly Rent04: 1970.00
  • Unit Monthly Rent05: 1454.00
  • Unit Monthly Rent06: 1905.00
  • Unit Number Of Bath01: 2.0
  • Unit Number Of Bath02: 2.0
  • Unit Number Of Bath03: 2.0
  • Unit Number Of Bath05: 2.0
  • Unit Number Of Bath06: 2.0
  • Unit Number Of Bed01: 3
  • Unit Number Of Bed02: 3
  • Unit Number Of Bed03: 2
  • Unit Number Of Bed04: 3
  • Unit Number Of Bed05: 2
  • Unit Number Of Bed06: 2
  • Units In Complex: 6
  • h: 2.0
Courtesy of Marcus & Millichap, Jason Tuvia (CalBRE: 01772495)


Gail Mercedes Cole (310) 853-9933

The Hills Premier Realty
9595 Wilshire Blvd, Ste #900, Beverly Hills, CA 90212
Beverly Hills, CA 90212

This is not intended as a solicitation of prospective buyers or sellers who already have an exclusive agency agreement with another agent. All information deemed accurate but not guaranteed, CalDRE#00788828
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