Active

4017 Gelber Place

Los Angeles, CA 90008

$1,400,000 $5,902/Mo

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Overview

Bed

Bath

7,010

Sqft

8,439

Sqft(Lot)

Description

Great opportunity to own an 8-unit property in Baldwin Hills with a 5% cap rate! The building sits on a 8,439 square-foot lot and features a balanced unit mix of four 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units. Each unit includes carport parking, offering added convenience for tenants. This property presents a solid opportunity for investors seeking potential income in a desirable Los Angeles location. Also Recent upgrades to the following NEW Roof, Newer windows, Newer plumbing and New Electrical panel. Owner has done a wonderful job maintaining these 8 units.

Property Details

Property Type : Residential Income

Price : $1,400,000

AD Id : 76091275

MLS Id : TR26046412

Lot Size : 8,439 Sqft

Living Area Size : 7,010

Year Built : 1956

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Sewer: Public Sewer
Interior Features

Roof: Composition Interior Features: Unfurnished Windows: Insulated Windows Fireplace: None Flooring: Carpet,Tile
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Wall Furnace Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1956 Building Area Total: 7,010 Construction: Drywall,Stucco Roof: Composition
Foundation

Slab

Security Features

Gated Community,Window Bars
Accessibility Features

None,Parking

Pool Features

None

Laundry Features

None

Fencing

Security

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1937
Lot Size Source: Assessor Lot Size Square Feet: 8439

Listing Price Information

Original List Price: 1,400,000 Listing Contract Date: 2026-03-12
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5030018004

Garage and Parking

Garage Description: Carport

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: PHHT - Park Hills Heights Directions: Gelber Pl & Santo Tomas Dr. Source Property Type: Residential Income Area: PHHT - Park Hills Heights Property SubType: Apartment
Building and Construction

Property Age: 70 Common Walls: 2+ Common Walls Property Condition: Repairs Cosmetic,Updated/Remodeled Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: LEVEL ONE Property Attached: Yes

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2017 W 39th Street, Los Angeles, CA, 90008	$885,000	2	--	1,088	1,088 SqFt
3941 2nd Avenue, Los Angeles, CA, 90008	$999,999	4	3	1,810	1,810 SqFt
4181 Arlington Avenue, Los Angeles, CA, 90008	$699,000	3	--	1,020	1,020 SqFt
3887 Roxton, Los Angeles, CA, 90008	$920,000	2	1	1,571	1,571 SqFt
4301 Arlington Ave., Los Angeles, CA, 90008	$850,000	3	2	2,363	2,363 SqFt
4324 2nd Avenue, Los Angeles, CA, 90008	$959,999	3	2	1,362	1,362 SqFt
3952 Sutro Avenue, Los Angeles, CA, 90008	$1,650,000	3	3	1,905	1,905 SqFt
4068 Sutro Avenue, Los Angeles, CA, 90008	$1,299,999	4	4	1,551	1,551 SqFt
4089 Leimert Boulevard, Los Angeles, CA, 90008	$1,895,000	8	--	5,134	5,134 SqFt
4186 Leimert Boulevard, Los Angeles, CA, 90008	$1,200,000	8	--	3,032	3,032 SqFt

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ByOwner last updated this listing 06/16/2026 @ 22:53

MLS: TR26046412 LISTED BY: Sophia De La Vara, Keller Williams 562-902-5100 SOURCE: CRMLS