Active

3815 Don Tomaso Drive

Los Angeles, CA 90008
Mark as Favorite
Bed 9

Bed

Bath 9

Bath

SqFt4,556

Sqft

SqFt10,866

Sqft(Lot)

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 spac e. 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.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,300,000

AD Id : 89844564

MLS Id : 26875413

Beds : 9

Lot Size : 10,866 Sqft

Living Area Size : 4,556

Year Built : 1954

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 9

  • Building Information

    Year Built: 1954
    Building Area Total: 4556
    Private Pool: No

  • Lot Information

    Main Square Feet: 10866 Lot Size Acres: 0.2494 Lot Size Source: Assessor Lot Size Square Feet: 10,866

  • Listing Price Information

    Listing Price: $1300000

  • Tax Information

    Parcel Number: 5026002003

  • Location Information

    Direction: Just North of Stocker St and East of Don Felipe Dr.
Sell a home like this and save $77,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3854 Arlington Avenue, Los Angeles, CA, 90008 $1,160,000 8 4 3,332 3,332 SqFt
3976 3rd Avenue, Los Angeles, CA, 90008 $800,000 4 2 2,076 2,076 SqFt
3801 Sutro Avenue, Los Angeles, CA, 90008 $899,000 2 2 1,530 1,530 SqFt
4346 3rd, Los Angeles, CA, 90008 $550,000 3 1 1,255 1,255 SqFt
2417 W Vernon Avenue, Los Angeles, CA, 90008 $2,600,000 17 17 8,128 8,128 SqFt
4068 Sutro Avenue, Los Angeles, CA, 90008 $1,280,000 4 4 1,551 1,551 SqFt
4074 Leimert Boulevard, Los Angeles, CA, 90008 $1,025,000 6 3 2,182 2,182 SqFt
2722 W 43rd Place, Los Angeles, CA, 90008 $1,045,000 4 2 3,008 3,008 SqFt
3880 Olmsted Avenue, Los Angeles, CA, 90008 $1,350,000 3 2 1,776 1,776 SqFt
3827 Olmsted Avenue, Los Angeles, CA, 90008 $1,196,000 3 3 1,463 1,463 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/26/2026 @ 03:51

MLS: 26875413 LISTED BY: Josh Kaplan, Equity Union 818-989-2000 SOURCE: CRMLS

Homes around $1,300,000

Selling? Save $77,501 when you sell a home like this

Tour with a ByOwner Agent