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3815 Don Tomaso Dr
Los Angeles, CA 90008 Crenshaw

$1,300,000 USD

Apartments For Sale • 4,591 SF

Property Details

Property Type Apartments
Total Building Size 4,591 SF
Lot Size 0.25 AC
Building Class C
Year Built 1954
Cap Rate 6.04 %
Zoning RD1.5

50 Transit Score

50 Walk Score

                
                    Highlights
                
                                VALUE ADD - In-place rents offer roughly 47% upside to market, a $4,904 monthly loss to lease. Capturing it through natural turnover lifts NOI from $7
                            
                                DIVERSE UNIT MIX - Four (4) 1Bed+1Bath units, one (1) 2Bed+2Bath unit, and one (1) 3Bed+3Bath ADU
                            
                                ATTRACTIVE BUILDING LAYOUT - Property rises three levels above the street on a hillside parcel creating amazing views and quiet space for tenants
                            
                                SINGLE-BUILDING ASSET - All six units sit within one building on a 10,866 SF lot, simplifying ongoing ownership and management.
                            
                                PRIME BALDWIN HILLS LOCATION - Positioned in a well-established, centrally located Los Angeles rental submarket with consistent tenant demand.

Property Flyers

3815 Don Tomaso Dr. Offering Memorandum

Financial Summary (Actual)

Net Operating Income: $78,553 USD (2026)

Cap Rate:

6.04 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
	15 min	-	8.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	19 min	-	9.2 mi
Airport	Drive	Walk	Distance
Los Angeles International	15 min	-	7.3 mi
Bob Hope	30 min	-	16.9 mi
Long Beach (Daugherty Field)	32 min	-	22.6 mi

Josh Kaplan 310-795-0903 Equity Union Commercial

3815 Don Tomaso Dr Los Angeles, CA 90008 Crenshaw