4106 Palmwood Drive
$4,000,000
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Description
4106 & 4112 Palmwood Drive is located in Baldwin Village, is a twenty-unit property priced at a current 6.19% Cap Rate and 9.98 GRM, with projected rental upside of about 19% for a new owner! The buildings are on two separate parcels, providing a future owner the ability to sell individually to help avoid ULA Tax. The units are comprised of all One Bedroom units, which are very large and average over 700 square feet each! There are also RTI permits for four new ADUs in part of the existing garage...4106 & 4112 Palmwood Drive is located in Baldwin Village, is a twenty-unit property priced at a current 6.19% Cap Rate and 9.98 GRM, with projected rental upside of about 19% for a new owner! The buildings are on two separate parcels, providing a future owner the ability to sell individually to help avoid ULA Tax. The units are comprised of all One Bedroom units, which are very large and average over 700 square feet each! There are also RTI permits for four new ADUs in part of the existing garage space! The property is surrounded by terrific amenities, allowing tenants to accomplish most errands and daily tasks on foot, cutting down on the need for parking. Transit options are also exceptional, with terrific access to bus stops and metro rail lines.
- Listed by Josh Cohen • DRE #01346713 • Brokerage DRE #01854035 • Keller Williams South Bay
Property Details for 4106 Palmwood Drive
City Postal ID
LOS ANGELES (90008)
LISTING UPDATED: 08/13/2024 08:12 PM
Property Details for 4106 Palmwood Drive
Status | Active |
---|---|
MLS # | SB24135620 |
Days on Market | 142 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 2-4 Units |
Year Built | - |
Lot Size | 0.37 AC / 16,173 SF |
County | Los Angeles County |
Building Information for 4106 Palmwood Drive
Stories2Residences-Year Built-Building Size-Lot Size0.37 AC / 16,173 SF
Property Information for 4106 Palmwood Drive
Property History for 4106 Palmwood Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4106 Palmwood Drive
Taxable ValueLand$928,467Additions$348,173Total$1,276,640
Tax Record2024$16,604 ($1,384 / month)
Home Facts
Total Finished SqFt7,054 SqFtAbove Grade Finished SqFt7,054 SqFtLot Size8,085 SqFtStyleMulti-Family Res (5+ Units)Year Built1954ZoningLAR3CountyLOS ANGELESAPN5032-009-010
Schools near 4106 Palmwood Drive
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Hillcrest Drive Elementary School PublicK to 5 | ||
Stella Middle Charter Academy Charter5 to 8 | ||
Susan Miller Dorsey Senior High School Public9 to 12 | ||
Marlton School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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