4725 August St Los Angeles, CA 90008
Baldwin Hills NeighborhoodEstimated payment $22,362/month
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
- 16,553 Sq Ft 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 in unit
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2026 05/11/26 | Pending | -- | -- | -- |
| 03/19/2026 03/19/26 | Price Changed | $3,499,000 | -11.4% | $169 / Sq Ft |
| 02/03/2026 02/03/26 | Price Changed | $3,950,000 | -10.2% | $191 / 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
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 multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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