Stacey Alysson Melman

4906 August ST Los Angeles CA 90008 MLS #26633967

4906 August ST
Los Angeles, CA, 90008
$3,995,000
22 Beds
26 Baths
17,179 SqFt
0.38 Acres
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MLS #26633967 image #0
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
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

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