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4024 Nicolet Ave
Los Angeles, CA 90008

$3,950,000 USD

Apartments For Sale  •  17,034 SF

Property Details

  • Property Type Apartments
  • Total Building Size 17,034 SF
  • Lot Size 0.36 AC
  • Building Class C
  • Year Built 1958
  • Zoning R3
51 Transit Score
48 Walk Score

Highlights

A Unique Opportunity to Acquire a Partially Renovated Apartment Building With Attractive Returns in Baldwin Village With Remaining Upside Potential
Residents Can Easily Access the 10 Freeway and Major Thoroughfares Such as Jefferson Boulevard and La Brea Avenue
The Government Required Seismic Retrofit has Already Been Completed, Saving New Investor Capital, Time, and Allowing Capital Surcharges
Baldwin Village is Revitalizing with Major Investments, the LAX/Crenshaw Rail Line, and Baldwin Hills Crenshaw Plaza Redevelopment.
Current Ownership Has Attentively Maintained the Property

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 16 min - 9.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 18 min - 9.4 mi
Transit/SubwayDriveWalkDistance
Farmdale (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 19 min 1.0 mi
Expo/La Brea (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Los Angeles International 16 min - 7.8 mi
Bob Hope 31 min - 16.8 mi
Long Beach (Daugherty Field) 34 min - 23.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Covered
Included in Rent: Yes
Sean Rosenzweig 213-943-1897 Marcus & Millichap
Sean Rosenzweig 213-943-1897 Marcus & Millichap