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4043 Don Tomaso Dr
Crenshaw, CA 90008 Crenshaw

$1,550,000 USD

Apartments For Sale • 5,749 SF

Property Details

Property Type Apartments
Total Building Size 5,749 SF
Lot Size 0.19 AC
Building Class C
Year Built 1962
Cap Rate 5.74 %
Zoning RD1.5

51 Transit Score

44 Walk Score

                
                    Highlights
                
                                Large 6-Unit Building with (1) 3-Bedroom Unit, (3) 2-Bedroom Units, and (2) 1-Bedroom Units
                            
                                Value-Add Opportunity with Nearly 40% in Upside Rent Potential | Operating at a 5.74% CAP Rate & 11.27 GRM 
                            
                                Excellent Cost Basis - $258k/Unit | $269/Sq Ft 
                            
                                5 Carport Spaces with ADU Potential | On-Site Laundry 
                            
                                Soft Story Retrofit Completed | Copper Plumbing 
                            
                                Located in Baldwin Hills less than 1 Mile from the $1 Billion Redevelopment of the Baldwin Hills Crenshaw Plaza

Property Flyers

4043 Don Tomaso Drive, Los Angeles - OM $1.55M

Financial Summary (Actual)

Net Operating Income: $87,755 USD (2024)

Cap Rate:	5.74 %
Total Expenses:	$45,686 USD

Amenities

Microwave
Kitchen
Refrigerator
Oven
Range
Tub/Shower
Private Bathroom

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	16 min	-	8.5 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	-	8.8 mi
Transit/Subway	Drive	Walk	Distance
Martin Luther King Jr Station (Metro K-Line - Metro - Los Angeles)	3 min	16 min	0.9 mi
Airport	Drive	Walk	Distance
Los Angeles International	14 min	-	6.8 mi
Bob Hope	30 min	-	17.4 mi
Long Beach (Daugherty Field)	32 min	-	23.3 mi

Larson Harley 949-933-1112 Lyon Stahl Investment Real Estate

4043 Don Tomaso Dr Crenshaw, CA 90008 Crenshaw