NOT LISTED FOR SALE

4525 Santa Rosalia Dr Unit 29 Los Angeles, CA 90008

Baldwin Hills Neighborhood
40 Beds
37 Baths
26,300 Sq Ft
0.63 Acres

Last Sold June 19, 2018

Last sale price $5,450,000 $207 Per Sq Ft

31 Days on Market

About This Home

As of June 2018

29 units in prime Baldwin Hills. Excellent unit mix, 18-1bd+1ba and 11-2bd+1ba units. Below market rents with huge upside potential. Gated entry and parking. Individually metered for gas & electric. New rod iron fencing, copper plumbing and the holding tank was replaced in 2012. Located in the desirable and rapidly improving Baldwin Hills/Crenshaw neighborhood of Los Angeles, CA. The building is close to the Baldwin Hills Crenshaw Plaza, an existing shopping center with approved plans to be redeveloped into 961 residential units, 300,000 sq. ft. of retail & restaurant space, a 10 story office building & a 400 room hotel. Also within blocks of the brand new Kaiser Permanente facility. The City of Los Angeles is also heavily invested in improving this neighborhood, with the upcoming Crenshaw/LAX transit line extension, and 8.5 mile rail line connecting the Metro Blue Line with the Metro Green Line, including direct access to Los Angeles International Airport.

Last Agent to Sell the Property

Michael Salerno

Michael Anthony Salerno License #01212427 Listed on: 03/19/2018

Michael Anthony Salerno

Last Buyer's Agent

Glenn Brander

Miller & Desatnik Realty Co. License #01020228

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.63 Acre Lot

Interior Spaces

  • 26,300 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 40 Bedrooms
  • 37 Bathrooms

Parking

  • 17 Parking Spaces
  • Uncovered Parking

Community Details

  • 29 Units

Listing and Financial Details

  • Assessor Parcel Number 5030-012-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 26300
  • Lot Dimensions: A27526
  • Probate: No
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 40
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 37.00
  • Den: 0
  • Price Per S Q F T: 220.53

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 17

Utilities

  • Water Expense: 24780.00

Fee Information

  • Gas Expense: 5343.00
  • Insurance Expense: 10143.00
  • Maintenance Expense: 20782.00
  • Management Expense: 13200.00
  • Trash Expense: 6175.00

Lot Info

  • Assessed Improvement Value: 1061039
  • Assessed Land Value: 1554423
  • Assessor Parcel Number: 5030-012-005
  • Geocode Override: No
  • Lot Size Area: 27356

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.67
  • Number Of Units: 29
  • Total Annual Expense: 152183
  • Type Of Units: Apartments
  • Vacancy Rate: $11,084

Tax Info

  • Tax Expense: 69600.00

Range of Values:

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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
06/19/2018 06/19/18 Sold $5,450,000 -6.0% $207 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $5,800,000 +135.3% $221 / Sq Ft
09/04/2012 09/04/12 Sold $2,465,000 -4.3% $94 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $2,575,000 -- $98 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Salerno

    Seller's Agent in 2018

    Michael Salerno

    Michael Anthony Salerno

    (310) 202-9166

    31 Total Sales

    Michael Salerno
    Section Image
  • Glenn Brander

    Buyer's Agent in 2018

    Glenn Brander

    Miller & Desatnik Realty Co.

    (310) 202-9166

    31 Total Sales

    Glenn Brander
    Section Image
  • Joseph Killinger

    Seller's Agent in 2012

    Joseph Killinger

    Commercial Brokers Int'l. Inc.

    (310) 200-5175

    10 Total Sales

    Joseph Killinger
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-325300

The MLS
California Los Angeles County Los Angeles 90008 Baldwin Hills

4525 Santa Rosalia Dr Unit 29, Los Angeles, CA

This home is located at 4525 Santa Rosalia Dr Unit 29, Los Angeles, CA 90008 since 19 March 2018. This property was built in 1956. 4525 Santa Rosalia Dr Unit 29 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.

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