4725 August St Los Angeles, CA 90008
Baldwin Hills NeighborhoodEstimated payment $27,271/month
Highlights
- 0.38 Acre Lot
- No HOA
- Laundry Room
About This Home
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, 4723 & 4725 August Street presents a compelling opportunity to invest in the growth and transformation of this dynamic area.
Listing Agent
Willie Gene Henderson Brokerage Email: willie@williehenderson.com License #01091997 Listed on: 12/12/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 0.38 Acre Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
- 5030004019
Parking
- 12 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 20,680 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- Unit 1 Bathroom: 0
- Unit 2 Bathroom: 0
- Unit 3 Bathroom: 0
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 5030004018
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 20 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 8 Separate Water Meters
- Electric Expense $1
- Fuel Expense $1
- Insurance Expense $1
- Professional Management Expense $1
- Trash Expense $1
- Water Sewer Expense $1
- Operating Expense $117,919
- Gross Income $302,551
- Net Operating Income $215,093
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $4,400,000 | -- | $213 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25275458
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