4906 August Street, Los Angeles, CA 90008
List Price: $4M
Listing Status: Pending
Original List Price: $4.2M
0Days on Market: 189
22 Bedrooms · 26 Bathrooms · 17,179 sq ft
Property Type: ResidentialIncome
Year Built: 1958
Lot Size: 16,572 sq ft
MLS Number: 26633967
About This Property
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.
Listing provided by: DRE #02038545 424-405-3900 jweir@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: 26633967
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.