FOR SALE
4017 Gelber Place
Los Angeles, CA 90008
8,439 Lot Sq Ft
Built 1956
$1,375,000
Price ReducedWas $1,400,000 — $1,375,000 (-$25,000)
Property Overview
Great opportunity to own an 8-unit property in Baldwin Hills with a 5% cap rate! The building sits on a 8,439 square-foot lot and features a balanced unit mix of four 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units. Each unit includes carport parking, offering added convenience for tenants. This property presents a solid opportunity for investors seeking potential income in a desirable Los Angeles location. Also Recent upgrades to the following NEW Roof, Newer windows, Newer plumbing and New Electrical panel. Owner has done a wonderful job maintaining these 8 units.
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Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1956
- Lot size
- 8,439 sq ft
- Parking
- 6 spaces
- Days on market
- 127
- MLS status
- Active
Location & Neighborhood
Frequently Asked Questions About 4017 Gelber Place
Property type: Residential Income
The current asking price is $1,375,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 4017 Gelber Place. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1956. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 127 days. Status can change, so verify availability before relying on it.
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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Crown Coastal Support Team
Direct support from our real estate team
Listing Agent
Name: Sophia De La Vara
MLS ID: H165827
