4132 - 4138 Somerset Drive, Los Angeles, CA 90008
-
Listed Price :
$3,750,000
-
Beds :
24
-
Baths :
16
-
Property Size :
13,664 sqft
-
Year Built :
1950
Property Description
We are proud to present this 16-unit apartment in Baldwin Hills! This property offers a unique opportunity to acquire a cash flowing property with true rental upside. This property can be paired with a 12-unit apartment located a few blocks away as well. The offering features a total of 16 units. There are two 8-unit buildings side by side (no on-site manager required). The units consist of 13,664 total building square feet and sit on a 16,766 square foot lot. The unit mix comprises of eight 2-bedroom/1-bathroom units and eight 1-bedroom/1-bathroom units. The property has 12 total parking spaces consisting of 6 two car garages. Tenants also can enjoy on-site laundry facilities and a beautiful courtyard that separates the two buildings. To add to future upside for a new owner, 1 unit can be delivered vacant at close of escrow. Currently, 10 out of 16 units are on section 8 housing vouchers while the rest are market rate tenants. Sitting just south of MLK and east of Crenshaw Blvd, this area of Baldwin Hills is very desirable given how close it is to Leimert Park.
Interior Features
| Bedroom Information |
| Bedrooms |
24 |
| Bathroom Information |
| Bathrooms |
16 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
4132 - 4138 Somerset Drive |
| City |
Los Angeles |
| State |
CA |
| Zip |
90008 |
| County |
Los Angeles |
| Listing Agent |
John Katnik DRE #02002695 |
| Courtesy Of |
BRC Advisors- BH |
| List Price |
$3,750,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
13,664 |
| Lot Size |
16,766 |
| Year Built |
1950 |
Listing information courtesy of: John Katnik, BRC Advisors- BH. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 27th, 2025 at 6:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
