Eight-Unit Apartment
For Sale
$1,375,000
4017 Gelber PL, Los Angeles, CA 90008
Eight units in a 2-bedroom and 1-bedroom mix, each with carport parking, with recent roof, windows, plumbing, and electrical updates.
Lot Size0.19 Acres
Days on Market141
Property Features for 4017 Gelber PL
General Information
Standard status
Active
Lot size
0.19 Acres
Property subtype
Apartment
Units
Unit Mix
4 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units
8
Additional Details
Cap Rate
5%
Building Details
Building Size
7,010 SF
Year Built
1956
Listing Agency:
Keller Williams
(562) 755-9650
Listed By:
Sophia De La Vara · License #01127097
Source:
Milsteinestates
Added: Mar 12
Changed: Jul 30
Last Checked: Jul 30 at 5:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams
Investment Insights
Based on property information with market context.
This eight-unit apartment building on a 8,439 square-foot lot offers a balanced unit mix of four 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units. Each unit includes carport parking, providing convenient on-site parking for residents.
Built in 1956, the property has undergone recent upgrades including a new roof, newer windows, newer plumbing, and a newer electrical panel. The building is maintained as an 8-unit rental asset and is presented as an investor opportunity.
For financial perspective, the offering remarks cite a 5% cap rate. The combination of the unit mix, on-site carport parking, and recent building updates may appeal to buyers seeking a small multifamily property configured for steady, tenant-friendly day-to-day operations.
Built in 1956, the property has undergone recent upgrades including a new roof, newer windows, newer plumbing, and a newer electrical panel. The building is maintained as an 8-unit rental asset and is presented as an investor opportunity.
For financial perspective, the offering remarks cite a 5% cap rate. The combination of the unit mix, on-site carport parking, and recent building updates may appeal to buyers seeking a small multifamily property configured for steady, tenant-friendly day-to-day operations.
Key Highlights
- 5% cap rate cited for the property
- Eight units: four 2‑bedroom, 1‑bath and four 1‑bedroom, 1‑bath
- New roof plus newer windows, newer plumbing, and newer electrical panel
Property Analytics
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
1,155
Businesses Nearby
Explore this area
Business Placement
Demographics for 90008, CA
33,041
Population
16,245
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
85%
High-School Grad
2.9 sq mi
ZIP Area
11,393
Density / Sq Mi
$61,822
Median Household Income
$41,295
Median Earnings
$1,589
Median Rent
$1,003,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight units in a 2-bedroom and 1-bedroom mix, each with carport parking, with recent roof, windows, plumbing, and electrical updates.
Where is this apartment building located?
The property is located at 4017 Gelber PL Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 5% cap rate cited for the property; Eight units: four 2‑bedroom, 1‑bath and four 1‑bedroom, 1‑bath; New roof plus newer windows, newer plumbing, and newer electrical panel
