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We are pleased to present 4043 Don Tomaso Drive, Los Angeles. Located in “The Dons” of Baldwin Hills, this large 6-unit building is comprised of (2) 3-Bedroom Units, (3) 2-Bedroom Units, and (1) 1-Bedroom Unit. The asset is operating at a 5.5% CAP Rate and 11.74 GRM with over 50% in upside rent potential achievable through tenant buyouts or organic turnover. The soft story retrofit has been completed along with copper repiping, and there are five carport spaces in the front with ADU potential. Less than 1 mile away is the 42-acre Baldwin Hills Crenshaw Plaza, which was recently acquired by Harridge Development Group with a $1 Billion redevelopment plan. Conveniently located near the MLK Station (K Line), along with the 405 and 10 freeways, the property is a short commute to the Westside, DTLA, and LAX. This is an ideal investment opportunity for value-add buyers seeking cash flow and appreciation growth in a location supported by strong demographics.
Last Updated | 4/14/2025 | Year Built | 1962 |
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Community | Park Hills Heights | County | Los Angeles |
Additional Details
AREA | Park Hills Heights |
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LOT | 8465 sq ft |
LOT DESCRIPTION | Gentle Sloping, Near Park |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
ZONING | LARD1.5 |
Location
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