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$ 4,400,000
Est. payment /mo
Active
4723 August Los Angeles, CA 90008
20,680 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 20,680 sqft
Price per Sqft $212
MLS Listing ID CRSR25224747
HOA Y/N No
Year Built 1965
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Comm Ind For Sale
Property Description
Discover Exceptional Investment Potential in Baldwin Hills / Crenshaw. Rare opportunity to acquire a well-positioned 20-unit apartment complex located in one of Los Angeles' most rapidly developing neighborhoods. 4723 & 4725 August Street feature two 10-unit low-rise buildings totaling approximately 20,680 sq. ft. on a ±0.38-acre lot. Each building offers a desirable mix of studio-, one-, two-, and three-bedroom units, all separately metered for utilities. Property amenities include gated access, on-site parking, and fully equipped kitchens and heating in every unit. These features support strong tenant retention and stable income. Ideally situated just south of Coliseum Street, the property offers exceptional proximity to Baldwin Hills Crenshaw Plaza, Kenneth Hahn State Recreation Area, and the Destination Crenshaw corridor-a major public and private investment celebrating art, history, and culture. Residents enjoy convenient access to the I-10 and I-105 freeways, the Expo/Crenshaw Metro Line, and LAX, providing easy connectivity throughout Los Angeles. With ongoing neighborhood revitalization, cultural vibrancy, and community pride, Baldwin Hills / Crenshaw stands as one of the city's most promising multifamily submarkets. Whether for long-term hold or value-add repositioning,
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5030004018
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Listed by Willie Henderson • Willie Gene Henderson