For Sale

Listed by Jonathan Weir and Stefan Ignjatovic from Marcus & Millichap

Source: Combined LA Westside Multiple Listing Service, Inc #26633967

4906 August St, Los Angeles, CA, 90008

$3,995,000

22
26
18
17179 sq. ft.
16572 sq. ft.

Other

30+ days on the market

What's around 4906 August St

About this property

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.

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