search LA homes
More Search Options
  1. Property Video (PT-374)
  2. Community Association (PT-239)

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

Atwater Village

Neighbored by perennially trendy Los Feliz and Silver Lake, Atwater Village has a hip vibe all its own. Flat, compact, and easy to navigate, Atwater Village is popular with all types from young families, to hipsters, to families who have raised generations in the area.

Real Estate: Atwater Village has a wide variety of real estate for sale from bungalows and other single-family residences to apartments and condos.  This area began to grow in the early 1920s and many of the original homes are still in place. Atwater is especially known for its bungalows The “fantasy bungalows” along Brunswick are famed for their whimsical style with turrets and flourishes reflecting the trends of the 1920s.

Community Life: Cool shops, great food, and the revitalized L.A. River define this area.   The bike path along the river is a good place for a ride or stroll and as the L.A. River restoration plan continues to grow this area is increasingly becoming more appealing. Daily life here is about the simple pleasures, heading to a yoga or Pilates class, checking out local art at a nearby gallery, and enjoying a great sandwich at one of many local spots. The Atwater Village Farmers’ Market is held every Sunday from 10 a.m. to 2p.m.

Education: Atwater Village served by the Los Angeles Unified School District. Local public schools include Atwater Elementary and Glenfeliz Boulevard Elementary.  Local private schools include Holy Trinity School.

Transportation: This area is easily accessed by the 2 and 5 Freeways. Major thoroughfares include San Fernando Road, Los Feliz Boulevard, and Glendale Boulevard.  The area is served by multiple Metro bus lines.

Local Attractions:  The Tam O’Shanter is one of the oldest restaurants in Los Angeles and was a favorite spot for Walt Disney when his studio was based in nearby Silver Lake. Franciscan Pottery, a manufacturer of dinnerware was located here but was replaced by a mall complex that includes Costco and Best Buy.

Community Explorer

Results from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

The information being provided by SoCalMLS® and/or CARETS® 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 property referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS® and/or CARETS® MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or associate who owns the web site.

Any information relating to a property, regardless of source, including but not limited to 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 SoCalMLS® and/or CARETS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Property information Copyright © 2018 SoCalMLS® Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by SoCalMLS Inc. ® Copyright © 2018 CARETS®. All Rights Reserved.

Property Picks