$1,375,000
 $7,381 est/mo Sourced by Back At You

4017 Gelber Place,Los Angeles, CA 90008

Los Angeles, CA 90008

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Description

Great opportunity to own an 8-unit property in Baldwin Hills with a 5% cap rate! The building sits on a 8,439 square-foot lot and features a balanced unit mix of four 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units. Each unit includes carport parking, offering added convenience for tenants. This property presents a solid opportunity for investors seeking potential income in a desirable Los Angeles location. Also Recent upgrades to the following NEW Roof, Newer windows, Newer plumbing and New Electrical panel. Owner has done a wonderful job maintaining these 8 units.

Details

MLS #TR26046412
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive Under Contract
Year1956
Days On Site168
Listing Provided ByKeller Williams | Sophia De La Vara

Features

SQ Feet7,010
Car PortYes
Story(s)2
Units8
Building(s)1
Acreage0.19
Property ViewNone

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesUnfurnished
Window FeaturesInsulated Windows
Fireplace Yes / NoNo

Exterior

RoofComposition
Security FeaturesGated Community, Window Bars
Construction MaterialsDrywall, Stucco
Foundation DetailsSlab
Lot FeaturesZero To One Unit Acre
FencingSecurity

Parking

Parking FeaturesCarport
Garage Yes / NoNo

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ElectricStandard
SewerPublic Sewer

Location

Community FeaturesSidewalks, Gated

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90008
AreaPHHT Park Hills Heights
Listing VS Median (in 90008)
Price:
$1,375,000
low | high
Med:
$1,250,000
59.090909090909% of Average
sqft:
7,010
low | high
Med:
4,681
83.223965763195% of Average
$ / sqft:
$196
low | high
Med:
$268
13.617032703852% of Average
On site:
168
low | high
Med:
71
100% of Average
Sourced by Back At You

Market Activity 90008

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Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90008
AreaPHHT Park Hills Heights
Listing VS Median (in 90008)
Price:
$1,375,000
low | high
Med:
$1,250,000
59.090909090909% of Average
sqft:
7,010
low | high
Med:
4,681
83.223965763195% of Average
$ / sqft:
$196
low | high
Med:
$268
13.617032703852% of Average
On site:
168
low | high
Med:
71
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.31M - $1.718M
sqft: 5,000 - 8,500
Nearby Listings Property ImageNearby Listings Details
4137 Palmwood Drive 2 Property Photo 1
$1,200,000
4137 Palmwood Drive 2
Los Angeles, CA 90008
Listing Updated: August 22, 2026 at 12:15:08 AM PDT
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