Property Details
About this Property
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
MLS Listing Information
MLS #
CRSB25048947
MLS Source
California Regional MLS
Days on Site
69
Parking, School, and Other Information
Garage/Parking
Garage: 14 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4106 Palmwood Dr is a Residential Income in Los Angeles, CA 90008. This – square foot property sits on a 27,186 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,800,000 and was built in 1954. This address can also be written as 4106 Palmwood Dr, Los Angeles, CA 90008.
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This listing information is up-to-date as of March 06, 2025. For the most current information, please contact Josh Cohen, (310) 480-2130
