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4020 Stevely Ave
Los Angeles, CA 90008
12 Units in Baldwin Hills Turnkey · Multifamily Property For Sale
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12 Units
Investment Highlights
- Ten (10) of the Units Were Recently "Gutted" and Extensively Renovated
- Significant Upside Remains in the Two Units Which Have Not Yet Been "Turned"
- Occupied by Section 8 Tenants, with the Majority of Rents Deposited at Beginning of the Month
- Impressive 5% Going-In Cap Rate and 9.2% Total Return
- City Mandated Seismic Retrofit Already Completed
- Excellent Unit Mix of Mostly 2 Bedroom and 3 Bedroom Units
Property Facts
| No. Units | 12 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 8,746 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.94/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 8,746 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.94/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling |
Amenities
Unit Amenities
- Refrigerator
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 8 | - | - |
| 3+2 | 2 | - | - |
Property Taxes
| Parcel Number | 5028-002-016 | Improvements Assessment | $1,379,570 |
| Land Assessment | $2,759,140 | Total Assessment | $4,138,710 |
Property Taxes
Parcel Number
5028-002-016
Land Assessment
$2,759,140
Improvements Assessment
$1,379,570
Total Assessment
$4,138,710
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