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4063 Baywood Street
Los Angeles, CA 90039


Property Remarks

We are pleased to present 4063 Baywood Street, an eight (8) unit multifamily investment opportunity located in Atwater Village. The seller is willing to carry the financing on the deal. Through seller carry financing, an investor is presented with an excellent opportunity to purchase the building with leverage at a low introductory interest rate, allotting for time to renovate and rebrand the property while bringing the rents up to market value. This property features three wood frame stucco structures consisting of 4,011 square feet of living space. Building #1 consists of 1,713 square feet, building #2 consists of 1,500 square feet, and building #3, which is a Single Family Residence (SFR), consists of 798 square feet. This property features: One (1) Two Bedroom / One Bath SFR, One (1) Two Bedroom / One Bath unit, Two (2) One Bedroom / One Bath units, and Four (4) Studio units. All units are individually metered for both gas and electric. One studio unit will be delivered vacant.

Property Details

MLS#
18308428
Days on Market
37
Year Built
1956
Stories
2
Building/Living Area (sq ft)
4,011
Source of SqFt
Title Company
Source of Lot Size
Other

Location

State
CA
County
Los Angeles
Area
Atwater (606)

Presented By:

Listing provided courtesy of Adrian Stepien , Keller Williams Silicon Beach


Exterior

Lot Acreage
0
Paved
No
Waterfront
No


Interior

Interior Features
Other

Additional Property Details

Number of Units
8
Parking Spaces
8
Number of Buildings
3
Gross Operating Income
$94,998
Total Expense
$37,456
ADA Compliance
No

AC/Cooling
Window Unit(S)
Heating
Wall Heater

San Fernando Valley

Spanning a wide swath of prime real estate, the bedroom communities of Los Angeles, the towns of the San Fernando Valley began to boom in the late 1920s and haven’t stopped since. The encircling mountains provide plenty of recreation and neighborhoods are full of suburban charm with boutique stores and trendy cafes along popular streets such as Ventura Boulevard. From Mediterranean style homes in developments to mid-century modern homes with stunning views over the Valley, there are a variety of single-family homes for sale in the San Fernando Valley. The area also offers plenty of apartments for rent as well as many condos and townhomes for sale.

Once dubbed the “Media Capital of the World,” Burbank hosts many major entertainment and production companies including NBC and Warner Brothers. Burbank lays claim to a wide variety of real estate including single-family homes, townhouses, condominiums, and apartments. The Burbank Rancho neighborhood attracts horse lovers, homes in this area are zoned to allow horses on the property. Magnolia Park has a small-town feel with shopping and restaurants clustered along Magnolia Boulevard.

Encino is named for the Spanish word for oak tree and is beloved for its tree-lined neighborhoods. Known as the “bedroom of the stars” in the 1940s and 1950s, the area continues to attract those seeking a quiet life that offers plenty of parks and recreation. In its beginnings, Encino had many larger homes often with significant acreage and room for horses. Spanish-style architecture was prevalent. The post-war boom led to the creation of smaller single-family homes.

Named for Gen. Moses Hazeltine Sherman, an early land developer, Sherman Oaks real estate includes single-family homes in a wide variety of architectural styles. Royal Woods is a development that spring up in the mid 1950s and is still deemed one of the most prestigious neighborhoods in the area. Apartments and condos also line some of the main streets. Mulholland Estates is a luxury subdivision that has a few celebrity residents.

Surrounding areas include Arleta, Agoura, Canoga Park, Chatsworth, Granada Hills, Hidden Hills, Lake Balboa, Mission Hills, North Hills, North Hollywood, Northridge, Pacoima, Porter Ranch, Shadow Hills, Studio City, Sylmar, Studio City, San Fernando, Sun Valley, Tarzana, Toluca Lake, Valley Glen, Valley Village, Van Nuys, West Hills, Westlake Village, Winnetka, Woodland Hills. 

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