Great opportunity to own an 8-unit property in Baldwin Hills with a 5% cap rate! The building sits on a 8,439 square-foot lot and features a balanced unit mix of four 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units. Each unit includes carport parking, offering added convenience for tenants. This property presents a solid opportunity for investors seeking potential income in a desirable Los Angeles location. Also Recent upgrades to the following NEW Roof, Newer windows, Newer plumbing and New Electrical panel. Owner has done a wonderful job maintaining these 8 units.
AGENT: Sophia De La Vara LISTING BROKERAGE: Keller Williams
Courtesy of Keller Williams. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 4017 Gelber PL
Los Angeles, CA
Property Details
Price:
$1,400,000
MLS #:
TR26046412
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
phhtparkhillsheights
Listed Date:
Mar 12, 2026
Total Sq Ft:
7,010
Lot Size:
8,439 sqft / 0.19 acres (approx)
Year Built:
1956
Community GatedPhht – Park Hills HeightsPhhtparkhillsheightsNone
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Schools
Interior
Cooling
WW
Flooring
TILE, CARP
Heating
WL
Interior Features
UFRN
Laundry Features
NO
Exterior
Accessibility Features
NO, PK
Common Walls
_2CW
Community Features
SDW
Construction Materials
STC, DWAL
Fencing
SEC
Parking Spots
6
Parking Total
6
Roof
CMP
Security Features
WB, GC
Spa Features
NO
View
NO
Window Features
INSW
Financial
Gross Operating Income
$123,861
Maintenance Fee
$4,500
Net Operating Income
$66,795
Map
Community
- Address4017 Gelber PL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90008
