4529 Don Ricardo Drive

4529 Don Ricardo Drive

Los Angeles, CA 90008

$1,795,000
Price
14,572 / 0.33
Lot Size / Acres
a front view of a building with river windows and trees
a front view of a multi story building
a car parked in front of a house
a view of a terrace with sitting area
a front view of a house
a living room with furniture and a large window
a living room with furniture and a flat screen tv
walk in balcony with wooden floor
a view of a room with gym equipment
an aerial view of multiple house
an aerial view of a city
an aerial view of residential houses with outdoor space
a view of a lake with a city
an aerial view of residential houses with outdoor space and swimming pool
an aerial view of lake residential houses with outdoor space and swimming pool
a view of a yard and front view of a building
an aerial view of a house with a garden
an aerial view of a city
an aerial view of multiple house
an aerial view of multiple house
an aerial view of residential building with parking space
an aerial view of a residential houses with outdoor space
an aerial view of a house with a garden and lake view
a view of a garden
a backyard of a house with plants and large trees

Description

4529 Don Ricardo Drive (the "Property"), a 27-unit, ±14,572 SF multifamily development opportunity, in the Baldwin Hills Estates neighborhood of Los Angeles. Nestled between two condo developments on Don Ricardo Drive between Hillcrest Drive and Don Jose Drive, the offering presents a unique opportunity to acquire a parcel of land atop the Baldwin Hills Estates hillside with unobstructed panoramic views of Downtown Los Angeles, Hollywood, and West Los Angeles. The Baldwin Hills-Crenshaw neighborhood...4529 Don Ricardo Drive (the "Property"), a 27-unit, ±14,572 SF multifamily development opportunity, in the Baldwin Hills Estates neighborhood of Los Angeles. Nestled between two condo developments on Don Ricardo Drive between Hillcrest Drive and Don Jose Drive, the offering presents a unique opportunity to acquire a parcel of land atop the Baldwin Hills Estates hillside with unobstructed panoramic views of Downtown Los Angeles, Hollywood, and West Los Angeles. The Baldwin Hills-Crenshaw neighborhood has seen an increasing amount of attention from developers due to the Crenshaw/ LAX Metro rail line expansion project. Major thoroughfares surrounding the land parcel include La Brea Avenue, Crenshaw Boulevard and Stocker Boulevard. The location offers a myriad of retail options, a plethora of major employers nearby, excellent accessibility to coastal cities and highways that connect to the rest of Southern California. 4529 Don Ricardo Drive will feature a six-story, 27-unit building with contemporary-style exterior and interior design, fully-equipped luxury in-unit amenities, and a rooftop deck featuring a pool, cabanas, yoga deck, dog park, BBQ grills, and more. The development is situated on one parcel of land for a total lot size of ±14,572 SF. The architectural plans propose for ±30,316 total rentable net square feet and ±8,068 total square feet of amenity space totaling ±38,384 gross square feet. The hillside unit mix will encompass one, two- and three-bedroom floor plans ranging from 961 to 1,610 SF. The in-unit amenities will include central air conditioning and heating, state-of-the-art stainless-steel appliances, balconies/patios and much more. EV charging stations are possible with plans allotted for 36 parking spaces total. The property offers convenient access to the 10, 110 and 405 freeways and neighboring cities in the county—Culver City, Beverly Hills, and the thriving city of Playa Vista, a.k.a. Silicon Beach, which is the new hub for tech titans like Facebook, Google, YouTube Space LA, Verizon and more. The newly developed, The Campus in Playa Vista, is within a quick 6-mile drive away. 4529 Don Ricardo Drive is a prime multifamily development opportunity that will serve as a fantastic long-term investment. The property is in an exceptional area, with desirable underlying zoning in place, and offers a rare opportunity for a developer to build new product in this neighborhood.
  1. Listed by ERIC CHEN • DRE #01489184 • Brokerage DRE #00409987 • CB RICHARD ELLIS • 626-757-5717
  2. Listed by Joyce Goldstein • DRE #01903737 • Brokerage DRE #00409987 • CB Richard Ellis L.A. North Universal Ci

Property Details for 4529 Don Ricardo Drive

View
City Lights, Panoramic
Lot Size Source
Assessor
Assessor Parcel Number
5028-006-002
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of CB RICHARD ELLIS, ERIC CHEN, DRE #01489184; CB Richard Ellis L.A. North Universal Ci, Joyce Goldstein, DRE #01903737
Add your commute
LISTING UPDATED: 02/28/2024 08:24 AM

Property Details for 4529 Don Ricardo Drive

StatusActive
MLS #CV23199199
Days on Market187
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.33 AC
CountyLos Angeles County

Location

Listing Courtesy of CB RICHARD ELLIS, ERIC CHEN, DRE #01489184; CB Richard Ellis L.A. North Universal Ci, Joyce Goldstein, DRE #01903737
Add your commute

Building Information for 4529 Don Ricardo Drive

Lot Size0.33 AC

Payment Calculator

$10,720 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,796

Property Taxes

$924

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4529 Don Ricardo Drive

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Annual Amount: $12,176
  • Tax Tract Number: 20871
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 59
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Exterior Features
  • View Description: City Lights, Panoramic
Distance To
  • Distance To Water: On-Site
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 4529 Don Ricardo 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 4529 Don Ricardo Drive

Taxable ValueLand$820,233Additions-Total$820,233
Tax Record2023$11,090 ($924 / month)
Home Facts
Beds0Lot Size14,577 SqFtStyleResidentialZoningLAR3CountyLOS ANGELESAPN5028-006-002

Schools near 4529 Don Ricardo Drive

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Baldwin Hills

Neighborhoods

Cities

ZIPs

More information about 4529 Don Ricardo Drive, Los Angeles, CA 90008

4529 Don Ricardo Drive is a 0.33 ac of land for sale in Los Angeles, CA 90008. This property was listed for sale on October 25, 2023 by CB RICHARD ELLIS, it's currently listed at $1,795,000. It has been on the market for a total of 187 days and was last sold on February 19, 2019. 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. 4529 Don Ricardo Drive is a 0-bed, 0-bath, 0.33 ac of land on a 14,572 sq. ft. / 0.33 acres lot.

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 CB RICHARD ELLIS, ERIC CHEN, DRE #01489184; CB Richard Ellis L.A. North Universal Ci, Joyce Goldstein, DRE #01903737

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.