4132 - 4138 Somerset Drive

Los Angeles, CA 90008

$3,750,000

List Price

24

bed Beds

16

shower Baths

13,664 sqft

straighten / sqft

1950

calendar_month Built

Property Description

We are proud to present this 16-unit apartment in Baldwin Hills! This property offers a unique opportunity to acquire a cash flowing property with true rental upside. This property can be paired with a 12-unit apartment located a few blocks away as well. The offering features a total of 16 units. There are two 8-unit buildings side by side (no on-site manager required). The units consist of 13,664 total building square feet and sit on a 16,766 square foot lot. The unit mix comprises of eight 2-bedroom/1-bathroom units and eight 1-bedroom/1-bathroom units. The property has 12 total parking spaces consisting of 6 two car garages. Tenants also can enjoy on-site laundry facilities and a beautiful courtyard that separates the two buildings. To add to future upside for a new owner, 1 unit can be delivered vacant at close of escrow. Currently, 10 out of 16 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.

Listing Information

List Price $3,750,000
Status Active
MLS 25484425
Type Residential Income
Year Built 1950
Lot Size 16,766
Structure Size 13,664
DOM 11
Courtesy Of BRC Advisors- BH
Listing Agent John Katnik DRE#02002695

Interior Features

Total Bedroom
Bedrooms 24
Total Bathroom
Bathrooms 16
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: John Katnik, BRC Advisors- BH 310-956-2291. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 27th, 2025 at 6:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.