Properties
Los Angeles, CA 90008 4911 August Street
$2,800,000
Presented By: Martin Watkins with Watkins Realty & Investments;
Beds • 36
Baths • 12
SQFT • 18,256
Home Details
Wonderfully Maintained 14 Unit Building in Baldwin Village that Consist of (8) Large 3 bed/ 2 bath Units and (6) 2 Bed 2 Bath Units with (1) ( 3 Bed 2 Ba) Unit delivered Vacant. All tenants have at least 1 Gated Parking space in the rear of the building an Balconies. Current GRM With " actual" Gross Rent is 9.0 and Could be lower with Filled Vacancy. All windows were replaced within last 3 years and Retrofit has been completed in addition to Major Projects like sewer lines and Electrical Sub Panels replaced in Most Units. Motivated Seller !
Presented By: Martin Watkins with Watkins Realty & Investments;
Interior Features for 4911 August Street
Bedrooms
Total Bedrooms36
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths28
Other Interior Features
Air Conditioning Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet
Heating Y/NYes
Total Stories
General for 4911 August Street
Buyer FinancingCash
Cap Rate7.5
Carport Y/NYes
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsLa Brea North to Coliseum go east to Stevely right on Stevely and Left on August
Full Baths
Gross Income311444
HOANo
HeatingForced Air
LevelsTwo
Living Area18256
Lot Size Square Feet16205
Lot Size UnitsSquare Feet
MLS AreaPHHT - Park Hills Heights
Net Operating Income210744
New ConstructionNo
Number Of Units Total14
Pool FeaturesNone
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count2
Year Built1961
ZoningLAR3
Exterior for 4911 August Street
Building Area Total18256
Lot Size Acres0.372
Lot Size Area16205
Lot Size SourcePlans
Number of Buildings2
Parking FeaturesCarport
Private PoolNo
Total Parking16
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
