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.
Get a detailed valuation report, schedule a tour or make an offer!
“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 Savings
$55,404
TurboHome Estimated Value
$3,821,800
$224 sqft
High Valuation
$4,012,890
$236/sqft
Normal Valuation
$3,821,800
$224/sqft
Low Valuation
$3,630,710
$213/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $224/sqft | $3,821,800 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
Neighborhood: Crenshaw
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Comparative Value
$3.65M
$3.95M
4024 Nicolet Ave, Los Angeles, CA 90008
Sale Price: $3,650,000
Selected Comparable
4024 Nicolet Ave, Los Angeles, CA 90008
List Price: $3,950,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT4024 Nicolet Ave, Los Angeles, CA 90008
List: $3,950,000
Listed: 9/9/2024
Area:17,034 sqft
Price/sqft:$232
Beds:27
Baths:27
Year Built:—
Lot Size:15,629
Comparable Properties
COMPARABLEChoose comps
4024 Nicolet Ave, Los Angeles, CA 90008
Sale: $3,650,000
12/6/2024 • 0.00 mi
Area:17,034 sqft
Price/sqft:$214
Beds:27
Baths:27
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
4024 Nicolet Ave, Los Angeles, CA 90008 | $3,950,000 | 17,034 | $232 | 15,629 | — | 9/9/2024 | 27 | 27 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
4024 Nicolet Ave, Los Angeles, CA 90008 | $3,650,000 | 17,034 | $214 | 15,629 | 0.00 mi | 12/6/2024 | 27 | 27 | — | 100.0% |
How it Works
1
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2
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3
You get big savings
You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
