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We are pleased to present 4906 August Street in Los Angeles, CA, a 26-unit apartment building offering strong in-place income and value-add opportunity. The property features a unit mix of six studios, eighteen one-bedroom units, and two two-bedroom units. With 18 on-site parking spaces and three vacant units ready for repositioning, the asset allows for immediate income growth alongside stable cash flow. Recent capital improvements include a new roof (2021), soft-story seismic retrofit (2021), plumbing upgrades (2017), and new water heaters (2023),delivering a solid operational foundation. Located in the highly desirable Baldwin Village / South Los Angeles submarket near the Crenshaw Corridor and Leimert Park, the property benefits from ongoing redevelopment, transit access, and strong renter demand making it an ideal acquisition for investors seeking long-term appreciation in a growing market. For more information, please reach out.
Property Type(s):
Residential Income
| Last Updated | 2/12/2026 | Year Built | 1958 |
|---|---|---|---|
| Community | PHHT - Park Hills Heights | County | Los Angeles |
Price History
| Prior to Feb 12, '26 | $4,200,000 |
|---|---|
| Feb 12, '26 - Today | $3,995,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Disposal, Refrigerator |
| AREA | PHHT - Park Hills Heights |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 0.3804 acre(s) |
| LOT DIMENSIONS | 16572 |
| PARKING | Garage, Gated |
| STORIES | 2 |
Location
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Listed with Marcus & Millichap
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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