Properties
Los Angeles, CA 90008 4017 Gelber Place
$1,400,000
20 more
Presented By: Sophia De La Vara with Keller Williams; 562-755-9650
Baths • 1
SQFT • 7,010
Home Details
Great opportunity to own an 8-unit property in Baldwin Hills with a 5% cap rate! The building sits on a 8,439 square-foot lot and features a balanced unit mix of four 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units. Each unit includes carport parking, offering added convenience for tenants. This property presents a solid opportunity for investors seeking potential income in a desirable Los Angeles location. Also Recent upgrades to the following NEW Roof, Newer windows, Newer plumbing and New Electrical panel. Owner has done a wonderful job maintaining these 8 units.
Presented By: Sophia De La Vara with Keller Williams; 562-755-9650
Interior Features for 4017 Gelber Place
Other Interior Features
Air Conditioning Y/NYes
Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Tile
Heating Y/NYes
Interior AmenitiesUnfurnished
Laundry FeaturesNone
Total Stories2
Window FeaturesInsulated Windows
Other Rooms
Entry Level1
General for 4017 Gelber Place
AccessibilityNone, Parking
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5
Carport Spaces6
Carport Y/NYes
CityLos Angeles
Community FeaturesSidewalks, Gated
Construction MaterialsDrywall, Stucco
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsGelber Pl & Santo Tomas Dr.
DisclosuresRent Control
ElectricStandard
Entry LocationLEVEL ONE
Garage Spaces
Garage Y/NNo
Gross Income
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense5810
Land Lease Y/NNo
Listing TermsCash
Lot Size Square Feet8439
Lot Size UnitsSquare Feet
MLS AreaPHHT - Park Hills Heights
MaintenanceExpense4500
Net Operating Income66795.24
New ConstructionNo
Number Of Units Total8
Number of Units Leased7
Operating Expense57066
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property ConditionRepairs Cosmetic, Updated/Remodeled
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
RoofComposition
Security FeaturesGated Community, Window Bars
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot82
Taxes$17,500
Tenant PaysElectricity, Gas
Total Actual Rent10641
Trash Expense5431
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewNone
Water Sewer Expense0
Year Built1956
Year Built SourceAssessor
Exterior for 4017 Gelber Place
Building Area Total7010
FencingSecurity
Foundation DetailsSlab
Lot Features0-1 Unit/Acre
Lot Size Acres0.1937
Lot Size Area8439
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Parking FeaturesCarport
Private PoolNo
SpaNo
Total Parking6
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
