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 20 minutes ago
  • CRMLS last updated this listing 2 months ago
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Property History for 4037 Don Tomaso Dr, 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

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4037 Don Tomaso Dr
  • $1,280,000
  • Sold

    05/31/2016

  • — Bd
  • — Ba
  • 5,712 Sqft
  • $224/Sqft
  • 8,464 Sqft Lot
  • Built 1982
4037 Don Tomaso Dr in 90008 was last listed for $1,280,000. As of today, , this is 46% above the current median price of $875,000 for the city of Los Angeles, CA and 86% above the median of $690,000 for ZIP code 90008. Right now, there are 15 properties for sale in 90008 and 1,884 properties listed for sale in Los Angeles. Those 1,884 properties are made up of 1,315 single family homes and 569 condos. The square footage of 4037 Don Tomaso Dr is approximately 5,712, which is 246% above the median size of 1,651 square feet in Los Angeles and 254% above the median size of 1,615 square feet in ZIP code 90008. This property's price per Sqft was $224, which is 45% below the current $405 median in 90008 and 61% below the $574 Los Angeles median.
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 for $1,295,000 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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