4215 Don Tomaso Drive is a 16-unit property is situated on a spacious, 17,176 square foot lot, and boasts a projected rental upside of almost 40% +/- for it's new owner. The units are large, well laid out and consist of an outstanding unit mix of Three 2 Bed / 1 Bath units, Twelve 1 Bed / 1 Bath units, and One Studio unit. The property is individually metered for gas and electricity, and features many amenities that tenants enjoy - there is onsite parking available, laundry facilities (serviced by a master 100-gallon water heater), as well as a lush central courtyard with a pool (resurfaced just a few years ago and in compliance). The peaceful courtyard provides plenty of seating available for residents to relax and enjoy the sun. The Seller has also taken care to maintain this great asset over the years, and has recently completed the seismic retrofit work required by the City of LA. Plumbing has been replaced with copper as needed. Recently, a section of the roof was replaced and less than half of the units have had some upgrades, creating an opportunity for a new owner to create their own value-add additions! The property is surrounded by plenty of great communities and exciting developments. Leimert Park Plaza is nearby, which has been undergoing a facelift in recent years, and the Baldwin Hill Crenshaw Plaza mall is also within walking distance. Tenants of this tremendous investment opportunity will be thrilled with their high quality property and the nearby amenities.
Additional Features
- 16-20 Units/Acre
- Two
- Parking spaces: 10.00
- Listing Status: Closed
- Listing Agent: Josh Cohen
(lic# 01346713)
of South Bay
- Listing Office: Keller Williams Beach Cities
(lic# 01368364)
- Selling Agent: Josh Cohen
(lic# 01346713)
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Based on information from CRISNet MLS as of 4th May 2024 at 2:24pm. 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.
