NOT LISTED FOR SALE

4155 Somerset Dr Los Angeles, CA 90008

Baldwin Hills Neighborhood
12 Beds
8 Baths
7,352 Sq Ft
8,208 Sq Ft Lot

Last Sold January 20, 2017

Last sale price $1,350,000 $184 Per Sq Ft

54 Days on Market

About This Home

As of January 2017

We are pleased to present this excellent cash flow opportunity in the Baldwin Hills community of Los Angeles. This eight unit property has a balanced unit mix of four 2 bedroom units and four 1 bedrooms. The complex is situated directly across from the new Kaiser near Marlton and Santa Rosalia. It is also adjacent to the new developments taking place at the Baldwin Hills Mall. With a GRM of 12.6 and a 5.20 CAP rate, this is a fantastic opportunity. Tenants in the area enjoy access to Kenneth Hahn Park, the Stocker Corridor Trails and the Norman Houston Park. Building has been upgraded with new electrical panels and energy efficient windows. This deal will provide a nice 4.78% cash flow from day one with plenty of upside in the rents. Information is from sources deemed reliable but are not guaranteed by the seller or listing broker. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Jerome McAlpin

McAlpin & Company License #00939725 Listed on: 10/13/2016

Last Buyer's Agent

Jerome McAlpin

McAlpin & Company License #00939725 Listed on: 10/13/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 8,208 Sq Ft Lot

Parking

  • 1 Parking Space

Interior Spaces

  • 7,352 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5032-016-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7352
  • Stories: 2
  • Year Built: 1952
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 184.98

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Total Parking: 1

Lot Info

  • Assessed Improvement Value: 264931
  • Assessed Land Value: 647620
  • Assessor Parcel Number: 5032-016-001
  • Geocode Override: No
  • Lot Size Area: 8208

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 12.60
  • Number Of Units: 8
  • Total Annual Expense: 33256
  • Type Of Units: Apartments
  • Vacancy Rate: 3,218

Range of Values:

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Average Value
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List Price
Sold Price
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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
01/20/2017 01/20/17 Sold $1,350,000 -0.7% $184 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $1,360,000 -- $185 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jerome McAlpin

    Seller's Agent in 2017

    Jerome McAlpin

    McAlpin & Company

    (310) 902-8977

    32 Total Sales

    Jerome McAlpin
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Map

Source: The MLS

MLS Number: 16-171204

The MLS
California Los Angeles County Los Angeles 90008 Baldwin Hills

4155 Somerset Dr, Los Angeles, CA

This home is located at 4155 Somerset Dr, Los Angeles, CA 90008 since 13 October 2016. This property was built in 1952. 4155 Somerset Dr is a home located in Los Angeles County with nearby schools including Hillcrest Drive Elementary School, Audubon Middle School, and Susan Miller Dorsey Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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