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Property

Los Angeles, CA 90008 4031 Don Tomaso Drive

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Presented By: Erica Lockhart with Compass;
  • MLS# 25535811
  • 05/09/2025
  • Request Tour
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  • Beds • 7
  • Baths • 5
  • SQFT • 4,101
  • Garage • 5
  • Year Built • 1953

Home Details

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.
Presented By: Erica Lockhart with Compass;

Interior Features for 4031 Don Tomaso Drive

Bedrooms

Total Bedrooms7

Bathrooms

Half Baths0
Total Baths5
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeilingFans
Laundry FeaturesLaundryRoom
Total Stories2

General for 4031 Don Tomaso Drive

Additional Parcels Y/NNo
AppliancesRefrigerator, Dryer, Washer
Architectural StyleTraditional
Attached Garage No
Cap Rate5.4
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsNorth of Stocker St. East of Valley Ridge. West of Don Felipe Dr.
Electric Expense2229.0
Electric On Property Y/NNo
Full Baths
Garage Spaces5.0
Garage Y/NYes
Gross Income122508.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense11828.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet8465.0
Lot Size UnitsSquareFeet
MLS AreaPHHT - Park Hills Heights
MobileHomeRemainsYNNo
Net Operating Income88456.0
New ConstructionNo
Number Of Units Total5
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Taxes$10,476
Water Sewer Expense2229.0
Year Built1953
ZoningLARD1.5

Exterior for 4031 Don Tomaso Drive

Building Area Total4101.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1943
Lot Size Area8465.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDoorMulti, DoorSingle, Garage, GarageDoorOpener, CommunityStructure
Private PoolNo
SpaNo
Total Parking5.0
WaterfrontY/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $1,650,000
MLS#25535811
List Date 05/09/2025
Property Type Multi-Family
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