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DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer the opportunity to acquire 4024 Nicolet Avenue, a 20-unit apartment community located in Baldwin Village. Situated on a 15,633 square foot parcel, the property is comprised of 13 one-bedroom units and seven two-bedroom units. The property has more than 20% upside in rental income that can be captured through renovating remaining unit interiors. Moreover, the mandatory soft-story retrofit wok has already been completed saving a new investor substantially in capital and time. 4024 Nicolet Avenue provides investors a compelling buying opportunity to acquire a value-add opportunity with a healthy in-place income stream, located in a rapidly gentrifying neighborhood.
Last Updated | 9/9/2024 | Year Built | 1958 |
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Community | Park Hills Heights | County | Los Angeles |
Additional Details
AREA | Park Hills Heights |
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GARAGE | Covered |
LOT | 0.36 acre(s) |
PARKING | Covered |
STORIES | 2 |
ZONING | LAR3 |
Location
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