4037 Don Tomaso Dr
Los Angeles, CA 90008

Bd   — Ba   5,712 Sqft
-PRICE REDUCED! 5 unit building with rare 1980's construction in Baldwin Hills! Exceptional price per square foot for 80's construction below the cost of replacement! Fantastic unit mix consisting predominately of 3 and 4 bedroom units. Tenants enjoy onsite laundry room and parking. Within walking distance to Crenshaw Mall which is slated for a mixed-use development with over a million square feet of retail, residential, office, restaurants, green space and a hotel with banquet facilities. All units are section 8 with HAP contract running thru end of March 2018, then subject property becomes unregulated with tremendous upside potential and no rent control due to 80's construction.
  • Neighborhood: Congress West
  • Days on Movoto: 184
  • Year Built: 1982
  • HOA:
  • $/Sqft: $224
  • Lot: 8,464 Sqft
  • Property Type: Multi Family
  • MLS#: SB16116227
  • MLS:
  • Listing Office: RE/MAX Commercial & Inv Realty
  • Listed By: Daron Case
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 4 months ago
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Property History

Status
Date
Price
Sold
Dec 1, 2016
$1,280,000
Pending
Nov 11, 2016
Active Under Contract
Sep 14, 2016
Price Change
Aug 16, 2016
$1,295,000
Listed
May 31, 2016
$1,305,000
#SB16116227
As of today, there are 14 properties listed for sale in ZIP code 90008 and 0 properties listed for sale in the city of Los Angeles, CA. This property at 4037 Don Tomaso Dr in 90008 was last listed for $1,280,000. This is 0% above the current $0 median price for Los Angeles and 71% above the median of $749,000 for 90008. Of the 0 properties for sale in Los Angeles, 0 are single family homes and 0 are condos. 4037 Don Tomaso Dr is a multi family home that is approximately 5,712 Sqft, 0% above the Los Angeles median of 0 and 248% above the 90008 ZIP code median of 1,640. The price per Sqft was $224 which is 50% below the current median price in 90008 of $449 and 0% above the Los Angeles median of $0 per square foot.
Built in 1982, this multi family house at 4037 Don Tomaso Dr, Los Angeles CA, 90008 is approximately 5,712 square feet and does not come with a parking spot. It was last listed with a cost per Sqft of $224. 4037 Don Tomaso Dr is located in the Congress West neighborhood in the Los Angeles Unified School District. The closest school is Hillcrest Drive Elementary School.

4037 Don Tomaso Dr, Los Angeles CA, 90008 was on the market for 184 days. Its current status is sold under the MLS #SB16116227.

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