Property details
Propery Type:
Apartments
Address:
4906 August St Los Angeles, CA 90008
Offering Price:
$4,200,000
Units:
26
Cap Rate:
6.35%
Listed By
Jonathan Weir
Senior Vice president Investments
(424) 405-3900
Contact Us
Investment Highlights

We are pleased to present 4906 August Street in Los Angeles, CA, a 26-unit apartment building offering strong in-place income and value-add opportunity. The property features a unit mix of six studios, eighteen one-bedroom units, and two two-bedroom units. With 18 on-site parking spaces and three vacant units ready for repositioning, the asset allows for immediate income growth alongside stable cash flow. Recent capital improvements include a new roof (2021), soft-story seismic retrofit (2021), plumbing upgrades (2017), and new water heaters (2023), delivering a solid operational foundation. Located in the highly desirable Baldwin Village / South Los Angeles submarket near the Crenshaw Corridor and Leimert Park, the property benefits from ongoing redevelopment, transit access, and strong renter demand—making it an ideal acquisition for investors seeking long-term appreciation in a growing market. For more information, please reach out.

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Listed By
Jonathan Weir
Senior Vice president Investments
(424) 405-3900
Contact Us

4906 August St

Los Angeles, CA
90008
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