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Sold for $1,345,000
  • $1,345,000

    4197 Marlton Ave, Los Angeles, CA 90008

    10beds
    8baths
    7,222sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $1,343,400 Zestimate®
    $186/sqft
    $3,415 Estimated rent

    Home value

    $1,343,400

    $1.22M - $1.48M

    $3,415/mo

    Zestimate® history
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    $8,378/mo

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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: March 13, 2026 at 04:21am

    Listed by:

    Eric Dilanian DRE # 01951699 213-233-4379,

    Remax Commercial and Investment Realty 213-817-1000

    Bought with:

    Eric Dilanian, DRE # 01951699

    Remax Commercial and Investment Realty

    Source: CLAW,MLS#: 26653673MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    Heating
    • Wall
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: In Unit
    Features
    • Flooring: Other
    Interior area
    • Total structure area: 7,222
    • Total interior livable area: 7,222 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage Is Detached
    • Garage spaces: 7
    • Uncovered spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 10,741 sqft
    Details
    • Additional structures: None
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1950

    Community & neighborhood

    Location
    • Region: Los Angeles

    Price history

    DateEventPrice
    3/13/2026Sold$1,345,000-10%$186/sqft
    Source: CLAW #26653673 Report a problem
    3/9/2026Pending sale$1,495,000$207/sqft
    Source: CLAW #26653673 Report a problem
    2/18/2026Listed for sale$1,495,000$207/sqft
    Source: CLAW #26653673 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Baldwin Hills

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $1,343,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,343,400