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Eddie Arnez

earnez@rodeore.com +1(954) 305-1314

$ 1,300,000

Est. payment | -/mo

9 Beds

9 Baths

4,556 SqFt

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$ 1,300,000

Est. payment | -/mo

Save

9 Beds

9 Baths

4,556 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,556 sqft

Price per Sqft $285

MLS Listing ID 26875413

Bedrooms 9

Year Built 1954

Lot Size 10,866 Sqft

Acres 0.2495

Property Sub-Type Multi-Family

Property Description

See DOCS Section for OM. 3815 Don Tomaso Dr., is a six-unit multifamily investment property located in the Baldwin Hills neighborhood of Los Angeles. Built in 1954, the 4,556 square foot multi-level property sits on a 10,866 square-foot lot and offers a diverse unit mix within a single building, in one of the more centrally located rental submarkets in Los Angeles. The property offers investors a compelling value-add opportunity. With below-market in-place rents across the rent roll, a new owner has the opportunity to increase income through turnover while benefiting from the stability of a fully-occupied, centrally located multifamily asset. UNIT DETAILS Unit features include large bedrooms, large full bathrooms, large kitchens, separate spacious living room areas and ample closet space. Several of the units have beautiful wood beam structures that span the ceilings of the living area. Units E and F at the top of the property feature large outdoor patio spaces that can be accessed by the master bedrooms. Due to ample available space, investors may want to explore the possibility of adding washer/dryers in each unit. COMMON AREA DETAILS The property has a privacy-friendly design that rises two levels above the street on a large hillside lot. The views from the second and third levels of the property are exceptional spanning all the way to Downtown LA and beyond. A large quiet courtyard on the second level that could be improved with soft seating and landscaping to make a gathering place for tenants. There is also a laundry room that contains a washer and dryer but is not currently being utilized by the tenants. All units are separately metered for electricity and gas and have their own individual water heaters, the tenants pay for their own trash, and the landlord pays for water. There is ample street parking across from the property. Investment highlights VALUE ADD - In-place rents offer roughly 47% upside to market, a $4,904 monthly loss to lease. Capturing it through natural turnover lifts NOI from $78,553 to $129,231 and the cap rate from 6.04% to 9.94%.DIVERSE UNIT MIX - Four (4) 1Bed+1Bath units, one (1) 2Bed+2Bath unit, and one (1) 3Bed+3Bath ADUATTRACTIVE BUILDING LAYOUT - Property rises three levels above the street on a hillside parcel creating amazing views and quiet space for tenants SINGLE-BUILDING ASSET - All six units sit within one building on a 10,866 SF lot, simplifying ongoing ownership and management. PRIME BALDWIN HILLS LOCATION - Positioned in a well-established, centrally located Los Angeles rental submarket with consistent tenant demand.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features On street

Garage Spaces 1.0

Building

Story 3

Level or Stories Multi/Split

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Equity Union

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(954) 305-1314

earnez@rodeore.com

12345 Ventura Blvd, Studio City, CA 91604, USA

3815 Don Tomaso Dr Los Angeles, CA 90008

Eddie Arnez

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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3815 Don Tomaso Dr