3815 Don Tomaso Drive

Los Angeles, CA 90008

$1,295,000
Price
9
Beds
8
Baths
4,666 Sq. Ft.
$278 / Sq. Ft.
4,666
Sq. Ft.
$278
per Sq. Ft.

Description

New financials and reduced price! All units are occupied. We are proud to present an opportunity to acquire a 6-unit apartment community located in the highly desirable Baldwin Hills market of Los Angeles. The offering features true rental upside and current ownership just completed a brand new 3 bedroom/2 bathroom ADU that includes white shaker cabinets,quartz counters, LVP floors and beautiful bathrooms. The ADU unit also includes an in-unit washer and dryer and has a AC/Heat Mini Split System....New financials and reduced price! All units are occupied. We are proud to present an opportunity to acquire a 6-unit apartment community located in the highly desirable Baldwin Hills market of Los Angeles. The offering features true rental upside and current ownership just completed a brand new 3 bedroom/2 bathroom ADU that includes white shaker cabinets,quartz counters, LVP floors and beautiful bathrooms. The ADU unit also includes an in-unit washer and dryer and has a AC/Heat Mini Split System. Total square footage is based on 3,666 assessor total square footage plus 1,000 sq ft brand new ADU (Buyer to verify). The value-add apartment boasts strong day-1 income and contains an attractive unit mix of 1, 2 and 3 bedroom floorplans. The property is in one of the hottest markets in Los Angeles surrounded bymulti-million dollar homes and lies in close proximity to all of LA's major employment hubs. This investment presents a very attractive opportunity to own avalue-add apartment on one of the most desirable streets in Baldwin Hills.
  1. Listed by John Katnik • DRE #02002695 • Brokerage DRE #01765179 • BRC Advisors- BH

Property Details for 3815 Don Tomaso Drive

Zoning
LARD1.5
Parcel Number
5026002003
Total Units
6.0
Living Area
4666
Source Living Area
Other
Area
Park Hills Heights (PHHT)
Vacancy Rate
0
Lot Size Area
10866

Location

Listing Courtesy of BRC Advisors- BH, John Katnik, DRE #02002695
Add your commute
LISTING UPDATED: 04/27/2024 12:01 AM

Property Details for 3815 Don Tomaso Drive

StatusActive
MLS #24-382233
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.25 AC / 10,866 SF
CountyLos Angeles County

Location

Listing Courtesy of BRC Advisors- BH, John Katnik, DRE #02002695
Add your commute

Building Information for 3815 Don Tomaso Drive

Stories2Residences-Year Built1954Building Size-Lot Size0.25 AC / 10,866 SF

Payment Calculator

$8,120 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,067

Property Taxes

$1,053

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3815 Don Tomaso Drive

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Mixed
  • Security Features: None
  • Direction Faces: East
  • Water Heaters: Yes
  • Water Heater Features: None
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $102,670
  • Net Operating Income: $70,030.00
  • Gross Income: $105,845
  • Cap Rate: 5.41%
  • Gross Rent Multiplier: $12.23
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 32640
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: No
  • Lot Acreage: 0.2495
  • Lot Size Square Feet: 10866
Parking Details
Parking Details
  • Parking Garage: Uncovered
  • Total Parking: 2
  • Open Other Spaces Total: 2
  • Parking Features: Uncovered
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-22-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,169.00
  • Unit Actual Rent: $4,675.00
  • Unit Projected Rent: $7,580.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,250.00
  • Unit Actual Rent: $1,250.00
  • Unit Projected Rent: $2,295.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,895.00
  • Unit Actual Rent: $2,895.00
  • Unit Projected Rent: $3,095.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $382,500.00
  • Assessed Improvement Percent: 39.47
  • Assessed Land Value: $586,500.00
  • Assessed Land Percent: 60.53
  • Assessed Total Value: $969,000.00
  • Private Transfer Taxes: No

Property History for 3815 Don Tomaso Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3815 Don Tomaso Drive

Taxable ValueLand$586,500Additions$382,500Total$969,000
Tax Record2023$12,630 ($1,053 / month)
Home Facts
Total Finished SqFt3,666 SqFtAbove Grade Finished SqFt3,666 SqFtLot Size10,866 SqFtStyleMulti-Family Res (5+ Units)Year Built1954ZoningLARD1.5CountyLOS ANGELESAPN5026-002-003

Schools near 3815 Don Tomaso Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - K to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Hillcrest Drive Elementary School
PublicK to 5

Our Community Charter School
CharterK to 8

Susan Miller Dorsey Senior High 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.

Similar Homes

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Similar Sold Homes

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3815 Don Tomaso Drive is a multi-family home for sale in Los Angeles, CA 90008. This property was listed for sale on April 19, 2024 by BRC Advisors- BH, it's currently listed at $1,295,000. It has been on the market for a total of 18 days and was last sold on October 15, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Hillcrest Drive Elementary School, Our Community Charter School and Susan Miller Dorsey Senior High School. 3815 Don Tomaso Drive is a 9-bed, 8-bath, 4,666 sqft multi-family home built in 1954.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BRC Advisors- BH, John Katnik, DRE #02002695

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.