• Call your local brokerage at 818.725.2500
For Sale:$1,360,000
$4,813/mo
Monthly Payment:
$4,813
Principal & Interest:
$4,813
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.38% with $272,000 down)
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4155 Somerset Dr


Los Angeles, CA 90008

Crenshaw
12bed 7,352sq ft $185 / sq ft MFR
Lot Size8,208sq ft Built1952 On site51days
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We are pleased to present this excellent cash flow opportunity in the Baldwin Hills community of Los Angeles. This eight unit property has a balanced unit mix of four 2 bedroom units and four 1 bedrooms. The complex is situated directly across from the new Kaiser near Marlton and Santa Rosalia. It is also adjacent to the new developments taking place at the Baldwin Hills Mall. With a GRM of 12.6 and a 5.20 CAP rate, this is a fantastic opportunity. Tenants in the area enjoy access to Kenneth Hahn Park, the Stocker Corridor Trails and the Norman Houston Park. Building has been upgraded with new electrical panels and energy efficient windows. This deal will provide a nice 4.78% cash flow from day one with plenty of upside in the rents. Information is from sources deemed reliable but are not guaranteed by the seller or listing broker. PLEASE DO NOT DISTURB TENANTS.
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Last Checked For Updates: 7 minutes We update property info including price, photos, sale status and more as soon as it’s available. ago Status: Active Views: 27
MLS #16171204 , Listed on 10/13/16 by JEROME MCALPIN, License# 00939725, MCALPIN & COMPANY
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MLS Listing Information for 4155 Somerset Dr

Exterior Features

Parking

  • 1 Parking Space

Lot Size

  • 8,208 Sq. Ft.

# of Units

  • 5 or more

Additional Information

County

  • Los Angeles

Listing Broker

  • MCALPIN & COMPANY

Assessments

  • 0

Listing Agent

  • JEROME MCALPIN
  • License# 00939725 (Lic. #00939725)

Zoning

  • LAR3

Originating MLS

  • The Combined Los Angeles/Westside Multiple Listing Service
  • Inc.

Home Value Estimates

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Price History for 4155 Somerset Dr

Date Event Price Source
10/13/16 New Listing $1,360,000 CARETS
02/14/05 Sale $775,000 Public Records
07/26/01 Sale $378,000 Public Records
06/06/00 Sale $319,900 Public Records

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Public Record Information for 4155 Somerset Dr

Beds 12
Full Baths 8
Partial Baths 0
Property Type Apartment house (5+ units)
Sq. Ft. 7352
Lot Size 8208
Year Built 1952
FIPS 06037
APN 5032016001
Source Public Records

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Houses for sale near 4155 SOMERSET DR
This 12 bedroom Multi-Family home for sale in Los Angeles, CA is currently listed for $1,360,000. Featuring a lot size of 8,208 Sq. Ft., 4155 Somerset Dr was built in 1952 and has been on coldwellbankerrealestate.com for 51 days.

This listing is provided courtesy of MCALPIN & COMPANY. Interested in viewing more homes for sale near 4155 Somerset Dr Los Angeles, CA 90008? You can search all Los Angeles MLS listings, find a real estate agent, get a home value estimate and more on coldwellbankerrealestate.com.
Local real estate services provided by:
Coldwell Banker Quality Properties
Coldwell Banker Quality Properties
11280 Corbin Avenue
Porter Ranch, CA 91326
Kenneth Sampson, CalBRE 01192548
818.725.2500
Website provided and owned by Coldwell Banker Quality Properties.
4155 Somerset Dr Los Angeles, CA 90008 $1,360,000
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Based on information from CARETS as of Friday, December 2, 2016 at 10:55 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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. Properties may or may not be listed by the office/agent presenting the information. IDX provided by ZapLabs.