$6,800,000
24,211 Sqft
27,186 Sqft

4106 Palmwood Drive, Los Angeles, CA 90008

  • Commercial Sale Property Type
  • 10 Days Days On Market
  • 1954 Year Built
Property Description

We are pleased to present our latest multifamily investment opportunity, The Palmwood Collection. This cluster of mutlifamily properties is in Baldwin Village, located at 4106, 4112, and 4142 Palmwood Drive. 34 units in total, this investment is priced at a blended 7.12% Cap Rate and 9.27 GRM, with projected rental upside of about 18% for a new owner. In addition, there are RTI permits to add four ADU’s in some of the existing garage space, allowing a Buyer to continue adding value above. The buildings are on separate parcels, providing a future owner the ability to sell individually to help avoid ULA Tax (Buyer to verify). Acquiring three properties all within walking distance on the same street affords an investor the ability to cut down on operational overhead, bolstering NOI. The units are comprised of: (1) 3 bed unit, (31) 1 bed units, and (2) Studio units, many of which have attractive kitchen and bathroom finishes. Most of the units are rented to established Section 8 tenants. The Palmwood Collection 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. The Baldwin Village area is experiencin

Basic Details
Commercial Sale
Other
For Sale
CRSB25048947
$6,800,000
10
24,211 Sqft
1954
27,186 Sqft
0.62 Acre
Active
Features
Public Sewer
: Other
: Level
Address Map
CA
Los Angeles
Los Angeles
90008
Palmwood Drive
4106
W119° 39' 21.2''
N34° 0' 48.7''
Addresses include 4106, 4112, a
Additional Info
Keller Williams South Bay
Josh Cohen
josh@cohengroupla.com
Active
Public
For Sale
Price History
03/05/2025
$6,800,000
$0
Additional Information
24211
Listing Information
2025-03-06T03:04:15Z
BayEast
Request Buyer Agent Tour

    Agent info
    Lakshmi Suneeta Chinta
    Realty++
    Subhash Kapur
    Realty++
    Rajesh Chenna
    Realty++
    Mortgage Calculator
    $
    $ %
    years
    %
    $ %per year
    $ %per year

    $
    Contact Agent
    Contact Us
    Mallik@rRealtyplusplus.com (510) 299-6629