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Property view

4197 Marlton Avenue, 
Los Angeles, CA 90008

$1,345,000


10

Beds


8

Baths


7,222

Sq Ft


Multi-Family

Sold

Listed by

Eric Dilanian

Bought with Remax Commercial and Investment Realty

Remax Commercial And Investment Realty

213-817-1000

MLS#

26653673

Source:

CRMLS

Sorry, we are unable to map this address

About This Home

4197 Marlton Avenue

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.

Home Facts

Multi-Family

8 Baths

10 Bedrooms

Built in 1950

Price Summary

1,495,000

$207 per Sq. Ft.

MLS #:

26653673

Sold:

March 13, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

8

Interior

Living Area:

7,222 Sq. Ft.


Structure

Structure

Building Area:

7,222 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

10,737


Finances & Disclosures

Finances

Price:

$1,495,000

Price per Sq. Ft:

$207 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Home Source is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Home Source, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.