4106 Palmwood Dr, Los Angeles, CA 90008
Image 2 for 4106 Palmwood Dr, Los Angeles, CA 90008
Image 3 for 4106 Palmwood Dr, Los Angeles, CA 90008
View Photos

4106 Palmwood Dr Los Angeles, CA 90008

$4,000,000
  • 20 Beds
  • 20 Baths
  • 14,108 Sq.Ft.
For Sale
$4,000,000 Get Pre-Qualified

Map preview of 4106 Palmwood Dr, Los Angeles, CA 90008

Property Overview: 4106 Palmwood Dr Los Angeles, CA has 20 bedrooms, 20 bathrooms, 14,108 living square feet and 16,172 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 4106 & 4112 Palmwood Drive is located in Baldwin Village, is a twenty-unit property priced at a current 6.19% Cap Rate and 9.98 GRM, with projected rental upside of about 19% for a new owner! The buildings are on two separate parcels, providing a future owner the ability to sell individually to help avoid ULA Tax. The units are comprised of all One Bedroom units, which are very large and average over 700 square feet each! There are also RTI permits for four new ADUs in part of the existing garage space! The property is surrounded by terrific amenities, allowing tenants to accomplish most errands and daily tasks on foot, cutting down on the need for parking. Transit options are also exceptional, with terrific access to bus stops and metro rail lines.

Listed by Josh Cohen | BRE #01346713 | Keller Williams Beach Cities
Last checked: 10 minutes ago | Last updated: July 2nd, 2024 | Source CRMLS | DOM: 15
Get a $12,000 Cash Reward New

Buy this home with Ardent Real Estate Group and get $12,000 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
16,172
HOA Dues
$0/mo
Year built
1954
Garage
12 Car
Property Type:
Apartment
Status
Active
MLS#
SB24135620
City
Los Angeles
County
Los Angeles
Time on Site
16 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 2
  • # of Electric Meters: 22
  • # of Gas Meters: 22
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 20
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $33,413
  • Total Rent: $33,413
  • Pro Forma/Market Rent: $39,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $400,953
  • Net Operating Income: $247,761
  • Gross Operating Income: --
  • Vacancy Allowance: $8,019
  • Other Income Description: Contact for more inc/exp info
Annual Expense Breakdown
  • Total Operating Expense: $145,773
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $145,773
  • Other Expense Description: Contact

Open Houses for 4106 Palmwood Dr

No upcoming open houses

Schedule Tour
Loading...

Property Details for 4106 Palmwood Dr

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 12
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 20
  • Parcel Number: 5032009010
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Palmwood and Buckingham
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 4106 Palmwood Dr

Last sold for $1,100,000 on September 22nd, 2015
  • July, 2024

  • Jul 2, 2024

    Date

    Active

    CRMLS: SB24135620

    $4,000,000

    Price

  • September, 2015

  • Sep 22, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

  • April, 2009

  • Apr 28, 2009

    Date

    Sold (Public Records)

    Public Records

    $795,000

    Price

Show More

Tax History for 4106 Palmwood Dr

Assessed Value (2020): $1,190,674
Year Land Value Improved Value Assessed Value
2020 $865,945 $324,729 $1,190,674

Home Value Compared to the Market

This property vs the competition

4106 Palmwood Dr is listed 233.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $283.53 per/sqft which puts the price per square foot 63.32% lower than the median price per square foot for the city of Los Angeles.

About 4106 Palmwood Dr

Detailed summary of property

4106 Palmwood Dr is a apartment located in Los Angeles, CA 90008 and is currently for sale. This apartment offers 20 bedrooms, 20 bathrooms, roughly 14,108 living square feet, and sits on an approximately 16,172 square foot lot. 4106 Palmwood Dr was first listed on ArdentRealEstateGroup.com on July 2, 2024. The homeowner is currently asking $4,000,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 233.33% higher than the median priced home. Local competing homes currently for sale include 4647 W 18th St, 2301 Hauser Blvd and 4522 W 17th St. While the average home in Los Angeles, CA is selling in 101 days, 4106 Palmwood Dr has a days on market of 15 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 4106 Palmwood Dr Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4106 Palmwood Dr

Public county record property details
Beds
10
Baths
10
Year built
1954
Sq. Ft.
7,054
Lot Size
8,085
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5032-009-010

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,349,000
Median List Price/Sq.Ft.
$699
Median Sold Price
$1,145,000
Median Sold Price/Sq.Ft.
$591
Total Inventory
55
Median Sale to List Price %
99.57%
Avg Days on Market
29
Loan Type
Conventional (29.41%), FHA (0%), VA (5.88%), Cash (11.76%), Other (11.76%)

Tour This Home


Buy with Ardent Real Estate Group and save $12,000.

Image Description
Contact Jon
Los Angeles Agent

Call, Text or Message
Get a $12,000 Cash Reward New

Buy this home with Ardent Real Estate Group and get $12,000 back.

Call/Text (714) 706-1823

Related Resources to 4106 Palmwood Dr

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.