Courtesy of: Josh Cohen, Keller Williams South Bay, josh@cohengroupla.com
Courtesy of: Josh Cohen, Keller Williams South Bay, josh@cohengroupla.com
$4,000,000
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1 bed
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1.00 Bath (1 Full)
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Lot: 16,172.00 Square Feet
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Apartment
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$4,000,000
4106 Palmwood Drive 4112 4106 & 4112 Palmwood Drive is located in Baldwin Village, is a twenty-unit property priced at a current 6.19% Cap Rate and 9.98 GRM, with projected rental upside of about 19% for a new owner! The buildings are on two separate parcels, providing a future owner the ability to sell individually to help avoid ULA Tax. The units are comprised of all One Bedroom units, which are very large and average over 700 square feet each! There are also RTI permits for four new ADUs in part of the existing garage space! The property 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.
Courtesy of: Josh Cohen, Keller Williams South Bay, josh@cohengroupla.com
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