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4062 West Boulevard
USD 4,395,000
Property ID: 23322507
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4062 West Boulevard ,90008
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icon 21711 SqFt
icon Built in 1948
icon USD 202/SqFt
icon 29 Beds
icon 16 Full
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Location
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Interior Details
Bedrooms
29
Bathrooms
16
Interior Size
15406
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1948
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Detailed Introduction Of This Home
Proudly presenting 4062 West Blvd, a strong income producing 16 unit building in the heart of Baldwin Village. Unheard of cap rate of 7.5 when vacancies are filled at market rents. With the the 7% increase allowed by Los Angeles Housing Department staring Feb 2024, there are plenty of opportunities to drastically increase income in the near future. Units are separately metered for gas and electricity. There are 8 2-car garages, 2 of which are owner occupied and can be delivered vacant. This could be an appealing opportunity to potentially build ADUs for additional income. Less than half a mile from newer Kaiser hospital and neighboring multiple new construction and mixed-use development projects. Close proximity to Baldwin Hills-Crenshaw mall and the new Expo line.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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4062 West Boulevard
USD 4,395,000 29 Beds
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