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4091 Creed Ave
Los Angeles, CA 90008
Multifamily Property For Sale · 4 Units
PROPERTY FACTS
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1941 |
| Building Size | 2,996 SF |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 2,996 SF |
| No. Stories | 2 |
| Year Built | 1941 |
About 4091 Creed Ave , Los Angeles, CA 90008
Marcus & Millichap is pleased to present for a sale a four unit property located in historic Lemiert Park district of Los Angeles. The property consists of four large one-bedroom/one-bath units. The property is located a half mile from the redevelopment of the "Baldwin Hills Crenshaw Plaza". With a walk score of 79 the property is ideally situated on a quite tree lined street, within walking distance to retail shops, dining and night life activities. The property boasts four garage parking spaces and a grassy backyard for its residents to enjoy secluded soirees. Moreover, the property has tremendous upside potential in rental income. With approximately 47 percent upside in rental income in a burgeoning sub-market a new investor has the opportunity to acquire a well located asset with considerable upside.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,260 | 650 |
PROPERTY TAXES
| Parcel Number | 5023-002-003 | Improvements Assessment | $225,160 |
| Land Assessment | $713,012 | Total Assessment | $938,172 |
PROPERTY TAXES
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