4197 Marlton Avenue, Los Angeles, CA 90008
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
4197 Marlton Avenue,Los Angeles, CA 90008
$1,345,000
- 10 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: eric dilanian
Office: remax commercial and investment realty213-817-1000
MLS#:26653673
Source:CRMLS
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Price summary
- Price:$1,345,000
About this home
We are pleased to present the exclusive offering of an 8-unit value-add multifamily investment opportunity located at 4197 Marlton Avenue, adjacent to Baldwin Hills and just one block from the planned $1 Billion Baldwin Hills Plaza Redevelopment. Constructed in 1950 and offered for sale for the first time since completion by the original developer's family, the property has been exceptionally well-maintained and thoughtfully cared for over generations of ownership. The asset comprises approximately 7,222 square feet of building area situated on a generous 10,737 square foot lot. Zoned R3-1-XL and located within Tier 3 TOC, the property offers meaningful long-term development and density upside, including potential for detached ADU development (buyer to verify). The unit mix consists of six (6) one-bedroom/one-bath units and two (2) two-bedroom/one-bath units, with one of the two-bedroom units featuring an additional bonus/office room. All units are equipped with washer/dryer hookups. With detached garage parking, a low-basis acquisition profile, and substantial rental upside in a high-demand submarket, this offering presents investors with a compelling opportunity to acquire a well-located, generational asset with both near-term income growth and long-term value-add potential. Investors have the opportunity to capture immediate upside through the potential development of detached ADUs pursuant to SB 1211 (buyer to verify all feasibility, zoning, and entitlement requirements).Disclosure: Buyers are to conduct thorough and independent due diligence, including verifying building square footage, lot size, legal bedroom/bathroom count, parking availability, unit mix, year built, zoning, market rents, and the feasibility of ADUs or additional units. DO NOT DISTURB TENANTS OR ENTER THE PROPERTY - DRIVE-BY ONLY....
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Home facts
- Year built:1950
- Listing ID #:26653673
- Added:63 day(s) ago
- Updated:April 23, 2026 at 06:51 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:8
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1950
- Levels:2 Story
Finances and disclosures
- Price:$1,345,000
Parking
- Total parking spaces:8
- Garage:Yes
- Garage spaces:7
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