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Five-Unit Apartment Building
For Sale
$1,000,000

4137 Palmwood Dr, Los Angeles, CA 90008

Residential Income, Los Angeles, CA

Property Size6,969 SF
Lot Size0.18 Acres
Price / SF$143.49
Days on Market77

Property Features for 4137 Palmwood Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 10
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 1, Bathroom 5, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 6, Bedroom 10, Bathroom 6, Bathroom 10, Bathroom 4, Bathroom 8, Bathroom 9, Bedroom 2, Bedroom 9, Bedroom 7, Bathroom 7, Bathroom 1
Parking 4
Directions South of Martin Luther King Blvd, West of Buckingham Rd
Subdivision Park Hills Heights
Standard status Active
APN 5032-008-013
Size 6,969 SF
Lot size 0.18 Acres

Building Details

Year built 1960
Floors in Building 2
Number of units 5
Buildings 1
Listing Agency: Compass
Listed By: Ronald G Jackson · License #01363276
Added: Aug 13 Changed: Oct 24 Last Checked: Oct 28 at 5:06AM
MLS# 26872357

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1960 apartment building contains five residential units totaling 6,969 square feet. The unit mix includes two three-bedroom, three-bath residences, one two-bedroom, two-bath residence, and two one-bedroom, one-bath residences. Two units are currently vacant. Interior access has not yet been provided to the listing agent, so unit interiors have not been independently reviewed.

The property sits on a 0.1763-acre lot at 4137 Palmwood Dr in Los Angeles, CA 90008. It is designated LAR3, providing the applicable zoning classification for this multifamily asset. The combination of five units and multiple bedroom configurations supports a range of residential layouts within the building.

Key Highlights

  • Five‑unit apartment building completed in 1960
  • Two units are vacant
  • Unit mix includes two 3br/3ba, one 2br/2ba, and two 1br/1ba residences

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,895
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - LAR3-zoned apartment property with two vacant units and a varied bedroom mix.
Where is this apartment building located?
The property is located at 4137 Palmwood Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Five‑unit apartment building completed in 1960; Two units are vacant; Unit mix includes two 3br/3ba, one 2br/2ba, and two 1br/1ba residences
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