714-745-2708

4020 Stevely Avenue, Los Angeles, CA 90008

$2,699,000 Approx. USD 22 beds, 19 baths
8,746 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Jonathan Swire | jon@jonswire.com
Lic#: 01336277
Broker: Courtesy of The Agency
Phone: 310-948-2631

Agent Remarks

PRICED TO SELL - 9.3 GRM and 6.6% CAP against in place rents with upside to an 8.2 GRM and 8.0% CAP. 12 units in Los Angeles subject to City of LA Rent Control (RSO). 10 of 12 units have been heavily updated with new kitchens, baths, flooring, etc. Only units 4 & 12 remain to be updated. The electrical and plumbing for those 10 units have been updated as well - Buyer to verify. Previous owner spent over $700K on rehab. The parking has also received the City of LA mandatory retrofit. The property features 17 onsite parking spaces (6 tandem spaces and 5 single spaces) which is a huge value add for this apartment dense location with impacted parking. The property has an excellent unit mix of 1, 2 and 3 bedroom units and an onsite laundry room. Section 8 is a big housing provider in this area and will pay up to $2,490 per month for a 2 bedroom unit. There is a ton of redevelopment within 1 mile of the property. The Baldwin Hills Crenshaw Plaza and 5035 Coliseum Street mixed-use projects are in development, representing an estimated $1.5 billion in investment. These developments will deliver nearly 1,800 new residential units, a Costco, a 400-room hotel, expanded retail, office space, restaurants, and new public gathering areas, fundamentally reshaping the Baldwin Hills/Crenshaw corridor. Excellent lender financing available for qualified Buyers - 30% down, 6.1% fixed for 5 years, Interest Only.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26993797

Price: $2,699,000

Beds: 22

Baths: 19

Built in 1959

8,746 sqft

2 stories

0.19 acres

Lot size: 0.1860

County: Los Angeles

Zoning: LAR3

Parking description: Assigned

Heating/cooling: None

Heating description: Wall Furnace

MLS area: PHHT - Park Hills Heights

Last Updated: 9/28/2026

Days On Market (DOM): 1

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This listing belongs to the PHHT - Park Hills Heights MLS area

Lat/Long: 34.014260, -118.353238.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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