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Sold for $2,425,000
  • Listed by: Willie Gene Henderson • Willie Henderson • Contact: willie@williehenderson.com
    Bought with: Marcus & Millichap
    $2,425,000

    4725 August St, Los Angeles, CA 90008

    36beds
    --baths
    20,680sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $2,415,700 Zestimate®
    $117/sqft
    $2,098 Estimated rent

    Home value

    $2,415,700

    $2.20M - $2.66M

    $2,098/mo

    Zestimate® history
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    $16,561/mo

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    What's special

    Discover Exceptional Investment Potential in Baldwin Hills / Crenshaw. Rare opportunity to acquire a well-positioned 20-unit apartment complex located in one of Los Angeles’ most rapidly developing neighborhoods. 4723 & 4725 August Street feature two 10-unit low-rise buildings totaling approximately 20,680 sq. ft. on a ±0.38-acre lot. Each building offers a desirable mix of studio-, one-, two-, and three-bedroom units, all separately metered for utilities. Property amenities include gated access, on-site parking, and fully equipped kitchens and heating in every unit. These features support strong tenant retention and stable income. Ideally situated just south of Coliseum Street, the property offers exceptional proximity to Baldwin Hills Crenshaw Plaza, Kenneth Hahn State Recreation Area, and the Destination Crenshaw corridor—a major public and private investment celebrating art, history, and culture. Residents enjoy convenient access to the I-10 and I-105 freeways, the Expo/Crenshaw Metro Line, and LAX, providing easy connectivity throughout Los Angeles. With ongoing neighborhood revitalization, cultural vibrancy, and community pride, Baldwin Hills / Crenshaw stands as one of the city’s most promising multifamily submarkets. Whether for long-term hold or value-add repositioning, 4723 & 4725 August Street presents a compelling opportunity to invest in the growth and transformation of this dynamic area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Willie Henderson DRE #01091997 willie@williehenderson.com,

    Willie Gene Henderson

    Bought with:

    Stefan Ignjatovic, DRE #02084397

    Marcus & Millichap

    Source: CRMLS,MLS#: SR25275458MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 36
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 20,680
    • Total interior livable area: 20,680 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Garage
    • Garage spaces: 12
    Features
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 0.38 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Additional parcels included: 5030004019
    • Parcel number: 5030004018
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Unknown
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $117/sqft
    • Date on market: 12/12/2025
    • Cumulative days on market: 150 days
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    8/24/2026Sold$2,425,000-30.7%$117/sqft
    Source: CRMLS #SR25275458 Report a problem
    5/29/2026Pending sale$3,499,000$169/sqft
    Source: CRMLS #SR25275458 Report a problem
    3/19/2026Price change$3,499,000-11.4%$169/sqft
    Source: CRMLS #SR25275458 Report a problem
    2/4/2026Price change$3,950,000-10.2%$191/sqft
    Source: CRMLS #SR25275458 Report a problem
    12/13/2025Listed for sale$4,400,000$213/sqft
    Source: CRMLS #SR25275458 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Baldwin Hills

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,415,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,415,700