Property Description
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer the opportunity to acquire 4024 Nicolet Avenue, a 20-unit apartment community located in Baldwin Village. Situated on a 15,633 square foot parcel, the property is comprised of 13 one-bedroom units and seven two-bedroom units. The property has more than 20% upside in rental income that can be captured through renovating remaining unit interiors. Moreover, the mandatory soft-story retrofit wok has already been completed saving a new investor substantially in capital and time. 4024 Nicolet Avenue provides investors a compelling buying opportunity to acquire a value-add opportunity with a healthy in-place income stream, located in a rapidly gentrifying neighborhood.
Features
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Address Map
U.S.
California
Los Angeles
Los Angeles
90008
4024 Nicolet Avenue
0
W119° 38' 56.7''
N34° 0' 49.5''
MLS Addon
$0
17,034 Sqft
: No
: No
6.69
3
West of Hillcrest Drive & South of Pinafore Street
: No
2

Residential Income For Sale Los Angeles

4024 Nicolet Avenue, Los Angeles, Los Angeles, California, 90008

27 Bedrooms
17,034 Sqft
Visits : 2 in 11 days
$3,950,000
Listing ID #24437499
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24437499
Price : $3,950,000
Bedrooms : 27
Square Footage : 17,034 Sqft
Year Built : 1958
Lot Area : 15,629 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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