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: $0 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 19 minutes ago
  • CRMLS last updated this listing 6 months ago

Home Features for 4037 Don Tomaso Drive, Los Angeles

Overview
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Property History for 4037 Don Tomaso Drive, Los Angeles

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
4037 Don Tomaso Dr is a multi family home located in 90008 in Los Angeles, CA. It was last listed for $1,280,000, which is 77% above the current market median of $722,499 in 90008 and 35% above the market median of $950,000 in Los Angeles. 4037 Don Tomaso Dr is approximately 5,712 Sqft, which is 240% above the median size in Los Angeles of 1,678 square feet and 227% above the median size in 90008 of 1,745 square feet. This property's price per Sqft was $224, which is 49% below the current median in 90008 of $436 and 63% below the Los Angeles median of $607. As of today, , there are 16 properties listed for sale in ZIP code 90008 and 2,197 properties listed for sale in the city of Los Angeles. Of those 2,197 properties, there are 1,527 single family houses and 670 condos.
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. The median days on the market for properties in this area is 41 with a median list price of $950,000 and median cost per square foot of $607. Its current status is sold under the MLS #SB16116227.

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