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4031 Don Tomaso Dr

Los Angeles, CA 90008
  • $1,650,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 25535811
UPDATED: 82 min ago
$1,650,000
  • 7
    BEDS
  • 0.19
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,101
    SQFT
  • $402
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

Presenting a meticulously maintained 5-unit multifamily apartment building in the highly desirable Baldwin Hills neighborhood. This exceptional and well-maintained property features three 1-bedroom, 1-bathroom units and two 2-bedroom, 1-bathroom units. One unit (1+1) is being delivered vacant. With strong current income and significant future rental upside potential, this building is a valuable addition to any investor's portfolio. All units are separately metered for gas and electricity, providing ease of management, and three of the five units have been thoughtfully updated and two units have AC splits. Additional amenities include two 2-car garages, a single-car garage, an onsite laundry room, and a common area backyard for tenants to enjoy. Recent improvements include a new roof (installed in 2024). The neighboring building at 4025 Don Tomaso Dr is also available for sale, offering a unique opportunity. Properties shall be sold as a package; however, sellers will consider selling them individually; and both properties are zoned LARD1.5, offering major development opportunities for savvy investors and developers looking to capitalize on the area's growth. Located near local hotspots Jon & Vinny's, Hilltop Coffee & Kitchen and Somerville Restaurant. Minutes from Kenneth Hahn Park, Rueben Ingold Park and Park to Playa Trail. The property provides easy access to the EXPO and Crenshaw LAX lines, an attractive draw for many tenants. Furthermore, it's just minutes from the upcoming Stocker Creative, a groundbreaking development set to feature studio and sound stage production facilities, creative industry office spaces, business and technology incubation, and industry-specific job development within a collaborative ecosystem. This local development is set to draw significant interest from investors and developers, enhancing the property's appeal and potential for value appreciation. Don't miss out on this rare opportunity to invest in a thriving community with promising growth on the horizon.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-21T11:43:12.033. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/163570403
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4031 Don Tomaso Dr Los Angeles, CA 90008

  • Price: $1,650,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 82 min ago
  • MLS #: 25535811
7
Beds
5
Baths
0
½ Baths
0.19
Acres
4,101
SQFT
$402
$/SQFT
1953
Built
Neighborhood:
Park Hills Heights
County:
Los Angeles
Area:
Park Hills Heights
Property Description
Presenting a meticulously maintained 5-unit multifamily apartment building in the highly desirable Baldwin Hills neighborhood. This exceptional and well-maintained property features three 1-bedroom, 1-bathroom units and two 2-bedroom, 1-bathroom units. One unit (1+1) is being delivered vacant. With strong current income and significant future rental upside potential, this building is a valuable addition to any investor's portfolio. All units are separately metered for gas and electricity, providing ease of management, and three of the five units have been thoughtfully updated and two units have AC splits. Additional amenities include two 2-car garages, a single-car garage, an onsite laundry room, and a common area backyard for tenants to enjoy. Recent improvements include a new roof (installed in 2024). The neighboring building at 4025 Don Tomaso Dr is also available for sale, offering a unique opportunity. Properties shall be sold as a package; however, sellers will consider selling them individually; and both properties are zoned LARD1.5, offering major development opportunities for savvy investors and developers looking to capitalize on the area's growth. Located near local hotspots Jon & Vinny's, Hilltop Coffee & Kitchen and Somerville Restaurant. Minutes from Kenneth Hahn Park, Rueben Ingold Park and Park to Playa Trail. The property provides easy access to the EXPO and Crenshaw LAX lines, an attractive draw for many tenants. Furthermore, it's just minutes from the upcoming Stocker Creative, a groundbreaking development set to feature studio and sound stage production facilities, creative industry office spaces, business and technology incubation, and industry-specific job development within a collaborative ecosystem. This local development is set to draw significant interest from investors and developers, enhancing the property's appeal and potential for value appreciation. Don't miss out on this rare opportunity to invest in a thriving community with promising growth on the horizon.
Exterior Features

Covered Parking 5 Levels Multi/Split Lot Size Area 8465 Other Structures None Parking Garage Door OpenerCommunity GarageGarage - 1 CarGarage - 2 Car Style Traditional Total Parking 5 View Description Tree Top View YN Yes

Interior Features

Cooling Wall Unit(s) Equipment Ceiling FanDryerRefrigeratorRange/OvenWasher Heating Wall Laundry Room

Property Features

Assessed Total Value 789938 Disclosures As Is Electric Expense 2229.00 Gardener Expense 4200.00 Gross Income 122508 Gross Operating Income 122508 Insurance Expense 11828.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 88456.00 Number Of Buildings 1 Number Of Units 5 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 34052 Type Of Units Apartment Water Expense 2229.00 Year Built Source Vendor Enhanced Zoning LARD1.5

Listing provided courtesy of Erica Lockhart DRE#01763313 of Compass: 310-230-5478.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-21T11:43:12.033. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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