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Los Angeles, CA

$1,375,000

4017 Gelber Place, Los Angeles, CA
1956
Built
127
Days listed

About this home

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.

Facts & features

Interior
Interior features
Unfurnished
Flooring
Carpet, Tile
Fireplace
None
Heating
Wall Furnace
Cooling
Wall Window Units
Laundry
None
Spa
None
Exterior & lot
Lot size
0.194 acres (8,439 sq ft)
Pool
None
Year built
1956
Parking
Carport
Parking spaces
6
Community
Area
PHHT - Park Hills Heights
County
Los Angeles
Community features
Sidewalks, Gated
Listing details
Status
Active
Property type
Apartment
Days on market
127
Listed
2026-03-12
Original price
$1,400,000
Terms
Cash
Parcel #
5030018004
MLS #
TR26046412
Listed by
Sophia De La Vara · Keller Williams

Location

Price history

Listed
$1,400,000 · 2026-03-12
Price reduced
$1,375,000 (−$25,000)
Days on market
127
Current price
$1,375,000
Financing

Could this home be yours?

Estimated monthly payment
$8,626
$6,953 principal & interest · $1,673 taxes & insurance
$275,000
Estimate only
Loan $1,100,000

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Listing data provided by CRMLS

Listing courtesy of Keller Williams. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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4017 Gelber Place, Los Angeles, CA — $1,375,000 | Your Agent