Property Detail

Description

We are pleased to present this 6-unit garden-style multi-family asset located at 4161 Marlton Ave, featuring 2 vacant units ready for repositioning and major upside potential. Located in the desirable Baldwin Hills neighborhood, and close proximity to the nation's first Costco-anchored mixed-use development and a $700M Baldwin Hills Crenshaw Plaza redevelopment with all new residences, hotel, offices, retail, and restaurants forthcoming. This asset is placed in the path of major economic and residential growth. UNIT MIX- Six (6) 1bed + 1bath units. *LOW UTILITY COSTS- Separately metered for gas and electric, minimizing owner expenses and simplifying management. Tenants also pay their own trash expense. RUBS set up for water on 2 vacant units, providing new owner the opportunity to recover utility costs increasing overall net profit each month. Each unit boasts approximately 1000 sf offering spacious layouts with original hardwood floors, formal dining room, and in-unit washer/dryer hookups. The formal dining room and extra closets offer a quick and easy opportunity to convert both vacant units into a 2bd1ba for additional monthly rental income. Perfect for a seasoned investor or first-time buyers. Sited on a 8,011sqft lot, 6006sf rentable space, and 3-2 car garages with automatic garage doors. The gated community is well-manicured with lush landscaping offering a serene and comfortable environment for residents. Electric sub-panels in all units have been recently upgraded. Close to shopping and dining and Expo/Crenshaw (E) Line, providing access to Downtown LA, Culver City and the Westside.