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4906 August St, Los Angeles, CA, 90008

22beds
26baths
17,179sqft
$3,995,000
$233price/sqft
$26,731/moest. monthly cost
$1,069,240/yrincome needed

About This Home

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.

Getting Around

69
WalkingSomewhat Walkable
52
TransitGood Transit
58
BikeBikeable

Schools

Construction

Condition

  • Year built: 1958

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator,Disposal

Bedrooms & Bathrooms

  • Bedrooms: 22
  • Bathrooms: 26

Heating & Cooling

  • Heating features: Wall
  • Cooling features: None

Interior Area

  • Total structure area: 17,179
  • Total interior livable area: 17,179 sqft

Property

Details

  • Zoning: LAR3
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.38 Acres

Parking

  • Total spaces: 18
  • Parking features: Gated,Garage
  • Has garage: Yes