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4017 Gelber Pl
Los Angeles, CA 90008 Crenshaw

$1,400,000 USD

Apartments For Sale  •  7,010 SF

Property Details

• Property Type Apartments
• Total Building Size 7,010 SF
• Lot Size 0.19 AC
• Building Class C
• Year Built 1956
• Cap Rate 5.00 %
• Zoning LAR3

60 Transit Score

50 Walk Score

Highlights

35% upside in rents

Big ticket cap-ex items already completed

Fantastic Rental Marrket Area

Property Flyers

4017 Gelber St LA Ca. 90008- Setup Sheet

Financial Summary (Actual)

Net Operating Income: $76,902 USD (2025)

Cap Rate:	5.00 %
Total Expenses:	$46,959 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	16 min	-	9.0 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))	18 min	-	9.1 mi
Transit/Subway	Drive	Walk	Distance
Farmdale (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Los Angeles International	16 min	-	7.9 mi
Bob Hope	31 min	-	16.9 mi
Long Beach (Daugherty Field)	33 min	-	23.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Covered
Included in Rent:	Yes