4 months on rocket

41064112 Palmwood Dr, Los Angeles, CA, 90008

$4,000,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
Garage12 spaces
Year Built1954
MLS #SB24135620
Lot Size0.37 Acres
StatusActive

About 41064112 Palmwood Dr

4106 & 4112 Palmwood Drive is located in Baldwin Village, is a twenty-unit property priced at a current 6.19% Cap Rate and 9.98 GRM, with projected rental upside of about 19% for a new owner! The buildings are on two separate parcels, providing a future owner the ability to sell individually to help avoid ULA Tax. The units are comprised of all One Bedroom units, which are very large and average over 700 square feet each! There are also RTI permits for four new ADUs in part of the existing garage space! The property is surrounded by terrific amenities, allowing tenants to accomplish most errands and daily tasks on foot, cutting down on the need for parking. Transit options are also exceptional, with terrific access to bus stops and metro rail lines.

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams South Bay
  • Office Phone: (310) 480-2130
  • Listing Agent: Josh Cohen

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 12 spaces

Lot Features

Lot Information:

  • Lot Size: 0.37 Acres

Other

Directions Information:

  • Directions: Palmwood and Buckingham

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,000,000
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

41064112 Palmwood Dr vs Los Angeles

141 DAYS ON ROCKET

+103 Days

$4,000,000

+$2.9M More

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24135620

Listing Office:

  • Office Name: Keller Williams South Bay
  • Office Phone: (310) 480-2130
  • Listing Agent: Josh Cohen

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-254843
2
/10
  • Hillcrest Drive Elementary

  • 4041 Hillcrest Dr

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-254844
4
/10
  • Coliseum Street Elementary School

  • 4400 Coliseum St

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-254845
6
/10
  • Virginia Road Elementary

  • 2925 Virginia Rd

  • 0.98 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,824. The majority of Los Angeles, CA residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 41064112 Palmwood Dr

What is the listing price of this property?

The listing price of 41064112 Palmwood Dr property is $4,000,000.

What type of property is this?

The property 41064112 Palmwood Dr is a condo located in Los Angeles, California, 90008.

Is this property for sale now?

Active Listing: 41064112 Palmwood Dr is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 41064112 Palmwood Dr is 1954.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles9000841064112 Palmwood Dr

This home is located at 41064112 Palmwood Dr in Los Angeles, CA and zip code 90008 in the South LA neighborhood. This home, which was built in 1954, sits on a 0.37 acre lot. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $4,000,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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