3779 LOCKLAND DRIVE, LOS ANGELES CA 90008
- 11,742 sq.ft.
- 10,074 sq.ft. lot
Property Description
$100K PRICE REDUCTION! 6.66% CAP on CURRENTS! We are proud to present 12-unit apartment in the heart of Baldwin Hills! This property offers a unique opportunity to acquire a cash flowing apartment with true rental upside. The building features a total of 12 apartment units consisting of 11,742 total building square feet sitting on a 10,074 square foot lot. The unit mix comprises of eight 2-bedroom/2-bathroom units and four 1-bedroom/1-bathroom units.Soft story retrofit has been completed by the owner. The property has 14 total parking spaces consisting of 2 garages, 10 covered carport spaces and 2 open spaces. Tenants also can enjoy on-site laundry facilities and a pool. Half of the units are on section 8 housing vouchers while the rest are market rate tenants. Sitting just south of MLK and east of Crenshaw Blvd, this area of Baldwin Hills is very desirable given how close it is to Leimert Park.
Listing Courtesy of John Katnik, BRC Advisors- BH
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