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Image 1 - 4106-4112 Palmwood Dr, Los Angeles, California, 90008 - House for sale
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- Palmwood Dr, Los Angeles, Home For Sale
4106-4112 Palmwood Dr, Los Angeles, California, 90008

- Palmwood Dr, Los Angeles, Home For Sale

house for sale
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Listed: 07/07/24

4106-4112 Palmwood Dr, Los Angeles, California, 90008

20 Bed:
20 Bath:
14,108 Sq Ft Living Area:
Save
Price
$ 4M

About This House

4106 and 4112 Palmwood Drive is located in Baldwin Village, is a twenty-unit property priced at a current 6.19% Cap Rate and9.98 GRM,with projected rental upside of about 19% for a new owner! The buildings are on two separate parcels, providing a future owner the ability to sell individually to help avoid ULA Tax. The units are comprised of all One Bedroom units, which are very large and average over 700 square feet each! There are also RTI permits for four new ADUs in part of the existing garage space! The property is surrounded by terrific amenities, allowing tenants to accomplish most errands and daily tasks on foot, cutting down on the need for parking. Transit options are also exceptional, with terrific access to bus stops and metro rail lines.

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Crenshaw Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.