3779 Lockland DR Active

Los Angeles,CA 90008

$ 2995000

20 Beds

20 Baths

11742 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,742 sqft

Price per Sqft $255

MLS Listing ID 25484375

Bedrooms 20

Year Built 1960

Lot Size 10,075 Sqft

Property Description

$100K PRICE REDUCTION! 6.66% CAP on CURRENTS! We are proud to present 12-unit apartment in the heart of Baldwin Hills! This property offers a unique opportunity to acquire a cash flowing apartment with true rental upside. The building features a total of 12 apartment units consisting of 11,742 total building square feet sitting on a 10,074 square foot lot. The unit mix comprises of eight 2-bedroom/2-bathroom units and four 1-bedroom/1-bathroom units.Soft story retrofit has been completed by the owner. The property has 14 total parking spaces consisting of 2 garages, 10 covered carport spaces and 2 open spaces. Tenants also can enjoy on-site laundry facilities and a pool. Half of the units are on section 8 housing vouchers while the rest are market rate tenants. Sitting just south of MLK and east of Crenshaw Blvd, this area of Baldwin Hills is very desirable given how close it is to Leimert Park.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR3

Interior

Cooling None

Laundry Common Area

Exterior

Parking Features Attached Carport,Door-Multi,Garage,Tandem

Garage Spaces 2.0

Garage Description 2.0

Pool Community

Community Features Pool

View Y/N No

View None

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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