4132 - 4138 Somerset Drive

Active

4132 - 4138 Somerset Drive

Los Angeles CA, 90008

$3,750,000

$274.44 per sqft

Active

24 Beds

16 Baths

13,664 sqft

Residential

Built in 1950

Listed by John Katnik with BRC Advisors- BH 310-956-2291

We are proud to present this 16-unit apartment in Baldwin Hills! This property offers a unique opportunity to acquire a cash flowing property with true rental upside. This property can be paired with a 12-unit apartment located a few blocks away as well. The offering features a total of 16 units. There are two 8-unit buildings side by side (no on-site manager required). The units consist of 13,664 total building square feet and sit on a 16,766 square foot lot. The unit mix comprises of eight 2-bedroom/1-bathroom units and eight 1-bedroom/1-bathroom units. The property has 12 total parking spaces consisting of 6 two car garages. Tenants also can enjoy on-site laundry facilities and a beautiful courtyard that separates the two buildings. To add to future upside for a new owner, 1 unit can be delivered vacant at close of escrow. Currently, 10 out of 16 units are on section 8 housing vouchers while the rest are market rate tenants. Sitting just south of MLK and east of Crenshaw Blvd, this area of Baldwin Hills is very desirable given how close it is to Leimert Park.

25484425

MLSⓇ ID

January 16, 2025

Listed

January 27, 2025

Updated

Map

4132 - 4138 Somerset Drive
Los Angeles CA, 90008

Interior Features

Total Stories: 2
Bedrooms: 24
Total Bathrooms: 16
Fireplace: No
Cooling: No
Cooling Description: None
Heating: No

Exterior/Building Features

Lot Size: 0.38 Acres

Other Property Details

Area Name: PHHT - Park Hills Heights
Days on Market: 11
Garage: Yes
Parking: Garage
Parking Total: 12
View: No
County: Los Angeles
Pool: No
Pool Features: None
Zoning: LAR3

Listing Contact:

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/27/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 1/27/2025 at 6:44 PM UTC