Los Angeles CA 90008
18 Unit Apartment Baldwin Hills
Well Maintained Apartment at the End of a Cul-de-Sac
Up & Coming Baldwin Hills Neighborhood.
Walk to Baldwin Hills Crenshaw Plaza & Kaiser Permanente.
Qualified Opportunity Zone.
Completed Soft Story Retrofit.
Potential Upside in Rents.
Neighborhood Major Retail Developments include the Baldwin Hills Crenshaw Plaza, Marlton Square, and District Square.4143 Palmwood Drive is only 3 short blocks to the Baldwin Hills/Crenshaw Plaza which is undergoing a $700 million dollar renovation and will feature new apartments, condos, a hotel, and 330,000 sf of new shops and restaurants. Additionally, It is walking distance to the new LAX/Crenshaw metro line opening in 2020, Kenneth Hahn State Regional Park, the new state of the art Kaiser Permanente, as well as many other amenities. Located in an Opportunity Zone, this property is great for an investor who is interested in capitalizing on current low interest rates in a rapidly developing neighborhood.
Building Size: 11,804 SF
Lot Size: 11,793 SF (0.27 ACRES)
Number of Units: 18
Year Built: 1955
Parking: 8 Covered Spaces