4723 4725 August, Los Angeles, CA 90008
$2,425,000
Est. payment /mo
$3,499,900
30.7%
Est.Price: ?

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0.38 Acres Lot
SOLD DATE : 08/24/2026

Key Details

Sold Price $2,425,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR25224747

Sold Date 08/24/26

HOA Y/N No

Year Built 1965

Lot Size 0.380 Acres

Property Sub-Type Multi Family

Property Description

Discover Exceptional Investment Potential in Baldwin Hills / Crenshaw.
Rare opportunity to acquire a well-positioned 20-unit apartment complex located in one of Los Angeles' most rapidly developing neighborhoods. 4723 & 4725 August Street feature two 10-unit low-rise buildings totaling approximately 20,680 sq. ft. on a ±0.38-acre lot. Each building offers a desirable mix of studio-, one-, two-, and three-bedroom units, all separately metered for utilities. Property amenities include gated access, on-site parking, and fully equipped kitchens and heating in every unit. These features support strong tenant retention and stable income. Ideally situated just south of Coliseum Street, the property offers exceptional proximity to Baldwin Hills Crenshaw Plaza, Kenneth Hahn State Recreation Area, and the Destination Crenshaw corridor—a major public and private investment celebrating art, history, and culture. Residents enjoy convenient access to the I-10 and I-105 freeways, the Expo/Crenshaw Metro Line, and LAX, providing easy connectivity throughout Los Angeles. With ongoing neighborhood revitalization, cultural vibrancy, and community pride, Baldwin Hills / Crenshaw stands as one of the city's most promising multifamily submarkets. Whether for long-term hold or value-add repositioning, 4723 & 4725 August Street presents a compelling opportunity to invest in the growth and transformation of this dynamic area.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Fireplace No

Laundry Common Area

Building

Lot Description 0-1 Unit/Acre

Story 2

Water Public

Others

Tax ID 5030004018

Financing Cash

Special Listing Condition Standard

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Listed by Willie Henderson Willie Gene Henderson willie@williehenderson.com, DRE #01091997
Bought with Stefan Ignjatovic Marcus & Millichap

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Pratima Solanki

Pratima Solanki

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Agent License ID: 01998820

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