Property Detail

Description

We are pleased to present the exclusive offering of 4119 Palmyra Road, a 10-unit multifamily investment opportunity located adjacent to Baldwin Hills and just blocks from the planned $1 billion Baldwin Hills Plaza redevelopment. Constructed in 1955 and offered for sale for the first time in more than 50 years, this property presents an exceptional opportunity for both experienced investors seeking to add a value-add asset to their portfolio and first-time multifamily buyers looking to enter the Los Angeles apartment market at an attractive basis. The property offers approximately 7,300 square feet of living space, with all 10 units featuring spacious one-bedroom, one-bathroom floor plans. Three units are currently vacant, with an additional unit anticipated to become vacant, providing a new owner with the immediate opportunity to renovate, select new tenants, and establish market rents. With its desirable central location, substantial rental upside, and proximity to a major planned redevelopment, 4119 Palmyra Road offers a compelling opportunity to acquire a well-positioned multifamily asset with long-term appreciation potential.