$1,550,000
$150K PRICE DROP

Estimated payment $9,931/month

Total Views 4,019
11 Beds
10 Baths
5,749 Sq Ft
$270 Price per Sq Ft

Highlights

  • Golf Course Community
  • Hiking Trails
  • Gentle Sloping Lot
  • Property is near a park
  • Laundry Room

About This Home

We are pleased to present 4043 Don Tomaso Drive, Los Angeles. Located in “The Dons” of Baldwin Hills, this large 6-unit building is comprised of (1) 3-Bedroom Unit, (3) 2-Bedroom Units, and (2) 1-Bedroom Units. The asset is operating at a 5.74% CAP Rate and a 11.2 GRM with over 40% in upside rent potential achievable through tenant buyouts or organic turnover. The soft story retrofit has been completed along with copper repiping, and there are five carport spaces in the front with ADU potential. Less than 1 mile away is the 42-acre Baldwin Hills Crenshaw Plaza, which was recently acquired by Harridge Development Group with a $1 Billion redevelopment plan. Conveniently located near the MLK Station (K Line), along with the 405 and 10 freeways, the property is a short commute to the Westside, DTLA, and LAX. This is an ideal investment opportunity for value-add buyers seeking cash flow and appreciation growth in a location supported by strong demographics.

Listing Agent

Larson Harley

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 949-933-1112 License #02045736 Listed on: 04/14/2025

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 8,465 Sq Ft Lot
  • Two or More Common Walls
  • Gentle Sloping Lot

Home Design

  • Property Attached

Interior Spaces

  • 5,749 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 10 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Location

  • Property is near a park

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 14641
  • Assessor Parcel Number 5026012017
  • $1,130 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Recreation

  • Golf Course Community
  • Hiking Trails

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $7,186
  • Maintenance Expense $4,500
  • Other Expense $5,000
  • Professional Management Expense $6,878
  • New Taxes Expense $20,921
  • Operating Expense $45,686
  • Gross Income $137,568
  • Net Operating Income $87,755

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • CapRate: 5.74
  • Price Per Unit: 258333
  • Professional Management Expense: 6878.00
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5026012017
  • Year Built: 1962
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 269.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Golf, Hiking, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Park Nearby
  • Lot Size Sq Ft: 8465.00
  • Lot Size Acres: 0.1943

Multi Family

  • Gross Income: 137568.00
  • Gross Multiplier: 11.27
  • Gross Scheduled Income: 137568.00
  • Insurance Expense: 7186.00
  • Lot Size Area: 8465.0000 Square Feet
  • Maintenance Expense: 4500.00
  • Net Operating Income: 87755.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 45686.00
  • Other Expense: 5000.00
  • Other Expense Description: Utility
  • Rent Control: Yes
  • Total Expenses: 45686.00
  • Vacancy Allowance: 4127

Tax Info

  • New Taxes Expense: 20921.00
  • Tax Census Tract: 2364.00
  • Tax Lot: 24
  • Tax Tract Number: 14641
  • TaxOtherAnnualAssessmentAmount: 1130.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $1,550,000 0.0% $270 / Sq Ft
09/02/2025 09/02/25 Off Market $1,550,000 -- --
08/25/2025 08/25/25 Price Changed $1,550,000 -3.1% $270 / Sq Ft
07/14/2025 07/14/25 Price Changed $1,600,000 -3.0% $278 / Sq Ft
05/13/2025 05/13/25 Price Changed $1,650,000 -2.9% $287 / Sq Ft
04/14/2025 04/14/25 For Sale $1,700,000 -- $296 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25079257

California Regional Multiple Listing Service (CRMLS)