4043 Don Tomaso Dr
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4043 Don Tomaso Dr
6 Unit Apartment Building $1,800,000 ($300,000/Unit) 4.90% Cap Rate Crenshaw, CA 90008
Investment Highlights
- The property was recently retrofitted
- The property is located in Baldwin hills. Which is surrounded by multi-million dollar homes
- The property was recently repiped with copper plumbing throughout
- The property features a large 3bedroom 2bathroom owners unit
- Close to public transportation/Expo K Line 2 miles from the property
Executive Summary
Introducing 4043 Don Tomaso Dr., a remarkable property that has undergone significant upgrades, including a complete repiping with high-quality copper plumbing. Additionally, the property has successfully completed a soft-story retrofitting, a crucial enhancement that reinforces the building's structural integrity against seismic activities. This upgrade not only boosts the safety of the property but also aligns with modern building codes, providing peace of mind for both investors and occupants.
Situated in the vibrant Baldwin Village, this property benefits from the area's ongoing transformation, marked by substantial growth and development in recent years. The neighborhood has seen exciting projects, including the nearby Baldwin Hills-Crenshaw Medical Facility a state-of-the-art, four-story medical office building that opened in 2017. This facility has significantly improved healthcare services in the area and created numerous high-paying job opportunities.
Accessibility is a key feature of 4043 Don Tomaso Dr. The property is conveniently located near major roadways, including the 10 freeway, allowing for quick commutes to prominent employment centers in Culver City, Century City, Beverly Hills, Hollywood, Inglewood, and Downtown Los Angeles. The area is also well-served by public transportation, with the Martin Luther King Metro K Line Station just 0.9 miles away, providing seamless rail access throughout the city.
Don’t miss out on the opportunity to own a well-maintained property in a rapidly evolving area.
Situated in the vibrant Baldwin Village, this property benefits from the area's ongoing transformation, marked by substantial growth and development in recent years. The neighborhood has seen exciting projects, including the nearby Baldwin Hills-Crenshaw Medical Facility a state-of-the-art, four-story medical office building that opened in 2017. This facility has significantly improved healthcare services in the area and created numerous high-paying job opportunities.
Accessibility is a key feature of 4043 Don Tomaso Dr. The property is conveniently located near major roadways, including the 10 freeway, allowing for quick commutes to prominent employment centers in Culver City, Century City, Beverly Hills, Hollywood, Inglewood, and Downtown Los Angeles. The area is also well-served by public transportation, with the Martin Luther King Metro K Line Station just 0.9 miles away, providing seamless rail access throughout the city.
Don’t miss out on the opportunity to own a well-maintained property in a rapidly evolving area.
Property Facts
| Price | $1,800,000 | Property Subtype | Apartment |
| Price Per Unit | $300,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 4.90% | Building Size | 5,749 SF |
| Gross Rent Multiplier | 13.8 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1962 |
| Property Type | Multifamily |
| Price | $1,800,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| Cap Rate | 4.90% |
| Gross Rent Multiplier | 13.8 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 5,749 SF |
| No. Stories | 2 |
| Year Built | 1962 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1.5 | 3 | - | - |
| 3+2 | 1 | - | - |
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PROPERTY TAXES
| Parcel Number | 5026-012-017 | Improvements Assessment | $232,042 |
| Land Assessment | $242,591 | Total Assessment | $474,633 |
PROPERTY TAXES
Parcel Number
5026-012-017
Land Assessment
$242,591
Improvements Assessment
$232,042
Total Assessment
$474,633
zoning
| Zoning Code | LARD1.5 |
| LARD1.5 |
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4043 Don Tomaso Dr
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