3913 Don Tomaso Drive

    Los Angeles (City), CA 90008
    • $1,825,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: 18401758
    UPDATED: 36 min ago
    $1,825,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,922
      SQFT
    • $205
      $/SQFT
    Type:
    Multi-Family
    Built:
    1974
    County:

    School Ratings & Info

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.mainstreetgroup.com/homes/88987383

    3913 Don Tomaso Drive Los Angeles (City), CA 90008

    • Price: $1,825,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 18401758
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    8,922
    SQFT
    $205
    $/SQFT
    1974
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property 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.
    Exterior Features

    Lot Features Sprinklers None Lot Size Units Square Feet Parking Features Garage - Two Door Parking YN Yes

    Interior Features

    Laundry Features See Remarks

    Property Features

    Cap Rate 4.65 Gross Multiplier 13.92 Gross Operating Income 131136.00 Improvements Amount 310523 Land Value 29554 Laundry YN Yes Net Operating Income 84785.00 Special Listing Conditions Standard Total Expenses 42417.00 Zoning Lard1.5

    Listing provided courtesy of Jason Tuvia of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Mainstreet Realtors®
    8577 Haven Ave, Suite 100
    Rancho Cucamonga CA, 91730