Listing provided courtesy of John Katnik of BRC Advisors- BH. Last updated 2025-04-22 08:11:32.000000. Listing information © 2024 Sandicor.
Asking Price: $2,995,000 |
3779 Lockland, Los Angeles CA 90008
Community: PHHT - Park Hills Heights
This property was built in 1960 and is priced at $2,995,000. Please see the additional details below.
$100K PRICE REDUCTION! 6.66% CAP on CURRENTS! We are proud to present 12-unit apartment in the heart of Baldwin Hills! This property offers a unique opportunity to acquire a cash flowing apartment with true rental upside. The building features a total of 12 apartment units consisting of 11,742 total building square feet sitting on a 10,074 square foot lot. The unit mix comprises of eight 2-bedroom/2-bathroom units and four 1-bedroom/1-bathroom units.Soft story retrofit has been completed by the owner. The property has 14 total parking spaces consisting of 2 garages, 10 covered carport spaces and 2 open spaces. Tenants also can enjoy on-site laundry facilities and a pool. Half of the units are on section 8 housing vouchers while the rest are market rate tenants. Sitting just south of MLK and east of Crenshaw Blvd, this area of Baldwin Hills is very desirable given how close it is to Leimert Park.