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.
AGENT: Jonathan Weir LISTING BROKERAGE: Marcus & Millichap
Courtesy of Marcus & Millichap. 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. 4906 August ST
Los Angeles, CA
Property Details
Price:
$3,995,000
MLS #:
26633967
Status:
Active
Beds:
22
Baths:
26
Type:
Single Family
Neighborhood:
phhtparkhillsheights
Listed Date:
Jan 6, 2026
Finished Sq Ft:
17,179
Total Sq Ft:
17,179
Lot Size:
16,572 sqft / 0.38 acres (approx)
Year Built:
1958
Phht – Park Hills HeightsPhhtparkhillsheights
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Schools
Interior
Appliances
GD, RF
Cooling
NO
Heating
WL
Levels
U
Exterior
Parking Spots
18
Parking Total
18
Financial
Gross Operating Income
$433,736
Net Operating Income
$267,586
Map
Community
- Address4906 August ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90008
