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4031 Don Tomaso Dr, Los Angeles, CA 90008

List Price: $1,650,000On Market FlagOn market
May 9, 20254,101 sqft7 beds5 baths
Listed by: Erica Lockhart
License #: 01763313
Phone #: 310-350-4528
Compass
Source:
CRMLS Logo
MLS #: 25535811

Property Description

Presenting a meticulously maintained 5-unit multifamily apartment building in the highly desirable Baldwin Hills neighborhood. This exceptional and well-maintained property features three 1-bedroom, 1-bathroom units and two 2-bedroom, 1-bathroom units. One unit (1+1) is being delivered vacant. With strong current income and significant future rental upside potential, this building is a valuable addition to any investor's portfolio. All units are separately metered for gas and electricity, providing ease of management, and three of the five units have been thoughtfully updated and two units have AC splits. Additional amenities include two 2-car garages, a single-car garage, an onsite laundry room, and a common area backyard for tenants to enjoy. Recent improvements include a new roof (installed in 2024). The neighboring building at 4025 Don Tomaso Dr is also available for sale, offering a unique opportunity. Properties shall be sold as a package; however, sellers will consider selling them individually; and both properties are zoned LARD1.5, offering major development opportunities for savvy investors and developers looking to capitalize on the area's growth. Located near local hotspots Jon & Vinny's, Hilltop Coffee & Kitchen and Somerville Restaurant. Minutes from Kenneth Hahn Park, Rueben Ingold Park and Park to Playa Trail. The property provides easy access to the EXPO and Crenshaw LAX lines, an attractive draw for many tenants. Furthermore, it's just minutes from the upcoming Stocker Creative, a groundbreaking development set to feature studio and sound stage production facilities, creative industry office spaces, business and technology incubation, and industry-specific job development within a collaborative ecosystem. This local development is set to draw significant interest from investors and developers, enhancing the property's appeal and potential for value appreciation. Don't miss out on this rare opportunity to invest in a thriving community with promising growth on the horizon.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,841

TurboHome Estimated Value

$1,519,700

$371 sqft

High Valuation
$1,595,685
$389/sqft
Normal Valuation
$1,519,700
$371/sqft
Low Valuation
$1,443,715
$352/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$371/sqft$1,519,700

Neighborhood: Crenshaw

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Comparative Value

$1.40M

$1.65M

4265 Garthwaite Ave, Los Angeles, CA 90008

Sale Price: $1,395,000

Selected Comparable

4031 Don Tomaso Dr, Los Angeles, CA 90008

List Price: $1,650,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
4031 Don Tomaso Dr, Los Angeles, CA 90008

4031 Don Tomaso Dr, Los Angeles, CA 90008

List: $1,650,000

Listed: 5/9/2025

Area:4,101 sqft
Price/sqft:$402
Beds:7
Baths:5
Year Built:
Lot Size:8,465

Comparable Properties

COMPARABLE
Choose comps
4265 Garthwaite Ave, Los Angeles, CA 90008

4265 Garthwaite Ave, Los Angeles, CA 90008

Sale: $1,395,000

2/7/20250.91 mi

Area:5,628 sqft
Price/sqft:$248
Beds:8
Baths:4
Year Built:
Weight:100.0%

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