We are pleased to present 4906 August Street in Los Angeles, CA, a 26-unit apartment building offering strong in-place income and value-add opportunity. The property features a unit mix of six studios, eighteen one-bedroom units, and two two-bedroom units. With 18 on-site parking spaces and three vacant units ready for repositioning, the asset allows for immediate income growth alongside stable cash flow. Recent capital improvements include a new roof (2021), soft-story seismic retrofit (2021), plumbing upgrades (2017), and new water heaters (2023),delivering a solid operational foundation. Located in the highly desirable Baldwin Village / South Los Angeles submarket near the Crenshaw Corridor and Leimert Park, the property benefits from ongoing redevelopment, transit access, and strong renter demand making it an ideal acquisition for investors seeking long-term appreciation in a growing market. For more information, please reach out.
Features
22 bedrooms
26 bathrooms
directions_car18 carspaces
directions_car1 garage space
17179 sq. ft. floor area
crop_free16572 sq. ft. lot size
cottageOther
Property history for 4906 August St
2013
Sold
$710,274
13 Feb 2013
Happy sellers in Los Angeles
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Local market activity for 22 bedroom other properties in Los Angeles
Sold
For Sale
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