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4048 Gelber Pl

Los Angeles, CA 90008
  • $4,250,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 25533097
Price Reduced
UPDATED: 24 min ago
$4,250,000
  • 34
    BEDS
  • 0.4
    ACRES
  • 28
    BATHS
  • 0
    1/2 BATHS
  • 17,751
    SQFT
  • $239
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Description

We are pleased to present this 20-unit apartment complex located in the Baldwin Village submarket of Los Angeles. It boasts an excellent mix of 8 - 2 bedroom 1 1/2 bath units, 6 - 2 bedroom 1 bath units and 6 1 bedroom 1 bath units. The colonial designed structure is wood frame stucco and contains 17, 751 square feet. It is situated on a 17,544 square foot lot which is zoned LAR3. The building is currently producing $33,175 per month, and still offers plenty of upside. It is located in the City of LA and is subject to LA City Rent Control ordinances. Please make offers subject to inspection.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-12T20:43:20.513. 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.
www.desertarealuxuryhomes.com/homes/163261717
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4048 Gelber Pl Los Angeles, CA 90008

  • Price: $4,250,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 24 min ago
  • MLS #: 25533097
34
Beds
28
Baths
0
½ Baths
0.4
Acres
17,751
SQFT
$239
$/SQFT
1957
Built
Neighborhood:
Park Hills Heights
County:
Los Angeles
Area:
Park Hills Heights
Property Description
We are pleased to present this 20-unit apartment complex located in the Baldwin Village submarket of Los Angeles. It boasts an excellent mix of 8 - 2 bedroom 1 1/2 bath units, 6 - 2 bedroom 1 bath units and 6 1 bedroom 1 bath units. The colonial designed structure is wood frame stucco and contains 17, 751 square feet. It is situated on a 17,544 square foot lot which is zoned LAR3. The building is currently producing $33,175 per month, and still offers plenty of upside. It is located in the City of LA and is subject to LA City Rent Control ordinances. Please make offers subject to inspection.
Exterior Features

Levels Two Lot Size Area 17544 Other Structures None Parking Garage CarportCarport Attached Style Colonial Total Parking 0

Interior Features

Cooling None Equipment None Heating Wall Water Heater Features Gas

Property Features

Assessed Total Value 2232970 Disclosures As Is Gross Income 410094 Gross Operating Income 410094 Like Units1 6 Like Units2 6 Like Units3 8 Net Operating Income 275680.00 Number Of Buildings 1 Number Of Units 20 Sale Type Standard Security Features Gated Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 134414 Type Of Units Apartments Water DistrictWater District Year Built Source Vendor Enhanced Zoning LAR3

Listing provided courtesy of Jerome McAlpin DRE#00939725 of McAlpin & Company: 310-437-4172.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-12T20:43:20.513. 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.
 
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Palm Desert CA, 92260