4249 and 4253 Garthwaite Avenue are two fourplexes on two contiguous parcels for sale in Los Angeles’ Leimert Park neighborhood. This offering presents an excellent opportunity for an investor to acquire an asset in a desirable residential area known for its tree-lined streets and convenient proximity to popular retail (the Baldwin Hills-Crenshaw Mall is less than a mile away), and current rents present the opportunity to capture 21 percent potential upside. 4249 and 4253 Garthwaite Avenue are charming two-story 1937 constructions with a total of eight one-bedroom/one-bath units with large floorplans that average nearly 900 square feet. The units are separately metered for gas and electricity, and the property also offers eight single-car garages that are accessed via a rear alley.
Listing By Steven M. Bogoyevac, Broker – Steven Bogoyevac
Data Last Updated 9:13pm - 07/27/2021
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