4901 August St

Los Angeles, CA 90008

$2,900,000
Price
36
Beds
28
Baths
17,872 Sq. Ft.
$162 / Sq. Ft.
17,872
Sq. Ft.
$162
per Sq. Ft.
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Description

1st Time on Market in Over 50 Years , This Well Maintained 14 Unit Building Sits in the Most Desireable area Of Baldwin Village just a block east of La Brea at Stevely Street. This area has had a Renaissance of Sorts in the last few years with Major developments Including Kaiser, New Light Rail less than 1/4 Mile away, Costco (Coming Soon) as well as Many Other Projects. Prospective Buyers will Inherit a Property with an Outstanding Mix of 8 (3) Bedroom 2 Bath Units and 6 (2) Bedroom/ 2 Bath Units...1st Time on Market in Over 50 Years , This Well Maintained 14 Unit Building Sits in the Most Desireable area Of Baldwin Village just a block east of La Brea at Stevely Street. This area has had a Renaissance of Sorts in the last few years with Major developments Including Kaiser, New Light Rail less than 1/4 Mile away, Costco (Coming Soon) as well as Many Other Projects. Prospective Buyers will Inherit a Property with an Outstanding Mix of 8 (3) Bedroom 2 Bath Units and 6 (2) Bedroom/ 2 Bath Units with (1) of these Units being VACANT and One More Potentially Vacant. In addition there is gated parking for all Tenants, Washer and Dryer Room, Patios and Balconies on every Apt. Some Upgrades recently are New Windows and Patio Doors within the last 3 years, New Sewer Line, Some upgraded Electrical Sub Panels and Retrofit ( Soft Story) Completed. Seller is Motivated !
  1. Listed by Martin Watkins • DRE #01249364 • Brokerage DRE #01249364 • Watkins Realty & Investments

Property Details for 4901 August Street

Zoning
LAR3
Parcel Number
5030004030
Total Units
14.0
Living Area
17872
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)
Vacancy Rate
8,156
Lot Size Area
16206
LISTING UPDATED: 02/17/2026 12:06 AM

Property Details for 4901 August Street

StatusActive
MLS #26649699
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.37 AC / 16,206 SF
CountyLos Angeles County
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Location

Listing Courtesy of Watkins Realty & Investments, Martin Watkins, DRE #01249364
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Building Information for 4901 August Street

Stories-Residences-Year Built1959Building Size-Lot Size0.37 AC / 16,206 SF

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$14,885 per month

30 year fixed, 6.15% Interest

Principal and Interest

$14,134

Property Taxes

$751

HOA Dues

$0

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Property Information for 4901 August Street

Community / Development
Community / Development
  • Number Of Units: 14
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Apartments
  • Security Features: Gated
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $261,916
  • Net Operating Income: $162,316.00
  • Gross Income: $271,872
  • Cap Rate: 5.50%
  • Gross Rent Multiplier: $10.70
  • Actual Annual Gross Rent: $270,072.00
  • Actual Gross Annual Income: $271,872
  • Financial Info as Of: 02/09/2026
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 99600
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.372
  • Lot Size Square Feet: 16206
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 0
  • Parking Features: Carport
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Equipment: Ceiling Fan
  • Interior Features: Ceiling Fan(s)
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-09-2026
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $12,197.00
  • Unit Actual Rent: $12,197.00
  • Unit Projected Rent: $21,400.00
  • Like Units: 8
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $10,309.00
  • Unit Actual Rent: $10,309.00
  • Unit Projected Rent: $13,200.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $409,468.00
  • Assessed Improvement Percent: 77.48
  • Assessed Land Value: $118,999.00
  • Assessed Land Percent: 22.52
  • Assessed Total Value: $528,467.00

Property History for 4901 August Street

DateEvent & SourcePriceAppreciation
Feb 9, 2026

Listed (Active)

CLAW #26649699

$2,900,000—
Feb 9, 2026

Listed (Active)

CRMLS #26649699

$2,900,000—
DateEvent & SourcePrice
02/09/2026

Listed (Active)

CLAW #26649699

$2,900,000
02/09/2026

Listed (Active)

CRMLS #26649699

$2,900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4901 August Street

Taxable ValueLand$118,999Additions$409,468Total$528,467
Tax Record2025$9,008 ($751 / month)
Home Facts
Total Finished SqFt17,872 SqFtAbove Grade Finished SqFt17,872 SqFtLot Size16,202 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLAR3CountyLOS ANGELESAPN5030-004-030

Schools near 4901 August Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Hillcrest Drive Elementary School
Public - K to 5
Stella Middle Charter Academy
Charter - 5 to 8
Susan Miller Dorsey Senior High School
Public - 9 to 12
View Park Continuation School
Public - 9 to 12
Rating
School
Distance
Hillcrest Drive Elementary School
PublicK to 5

Stella Middle Charter Academy
Charter5 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

View Park Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4901 August Street, Los Angeles, CA 90008

4901 August Street is a multi-family home for sale in Los Angeles, CA 90008. This property was listed for sale on February 9, 2026 by Watkins Realty & Investments, it's currently listed at $2,900,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Hillcrest Drive Elementary School, Stella Middle Charter Academy and Susan Miller Dorsey Senior High School. 4901 August Street is a 36-bed, 28-bath, 17,872 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Watkins Realty & Investments, Martin Watkins, DRE #01249364

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.