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4017 Gelber PlaceLos Angeles, CA 90008

For Sale

$1,400,000

Smart Buyer Rebate $14,000

Great opportunity to own an 8-unit property in Baldwin Hills with a 5% cap rate! The building sits on a 8,439 square-foot lot and features a balanced unit mix of four 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units. Each unit includes carport parking, offering added convenience for tenants. This property presents a solid opportunity for investors seeking potential income in a desirable Los Angeles location. Also Recent upgrades to the following NEW Roof, Newer windows and New Electrical panel. Owner has done a wonderful job maintaining these 8 units.

Listed by Sophia De La Vara

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License #01127097

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Keller Williams

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562-755-9650

Listed by Alora De La Vara

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License #02126297

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Keller Williams

Last updated March 13, 2026

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Source: CRMLS #TR26046412

Listing Facts

  • TypeMulti-family
  • NeighborhoodCrenshaw
  • Days on Prevu4

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/12/2026
Listed by Keller Williams
$1,400,000

Property Details for 4017 Gelber Place

Association

Amenities

  • Community Features: Sidewalks, Gated

Exterior

Construction

  • Number Of Units Total: 8
  • Property Attached: Yes
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Roof: Composition
  • Stories Total: 2
  • Window Features: Insulated Windows
  • Year Built: 1956
  • Common Walls: 2+ Common Walls
  • Construction Materials: Drywall, Stucco
  • Entry Level: 1
  • Entry Location: LEVEL ONE

Features

  • Fencing: Security

Measurements

  • Building Area Total: 7,010
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.19
  • Lot Size Area: 8,439
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,439
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.0
  • Operating Expense: $57,066.00

Taxes

  • Parcel Number: 5030018004

Interior

Features

  • Flooring: Carpet, Tile
  • Interior Features: Unfurnished

Other

Features

  • Accessibility Features: None, Parking

Location

  • Tax Lot: 82

Parking

Parking

  • Carport Spaces: 6
  • Carport: Yes
  • Parking Features: Carport
  • Parking Total: 6

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Electric: Standard
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 4017 Gelber Place.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 4017 Gelber Place.

How does 4017 Gelber Place compare to other multi-family homes in Crenshaw?

This multi-family home is listed 76% below the average price for multi-family homes in Crenshaw and has been on the market for 85 less days than the typical home in this area.

4017 Gelber Place is a -bedroom multi-family home for sale in Los Angeles CA 90008. Listed on Prevu for 4 days at $1,400,000. This property is located in Crenshaw. The median listing price for multi-family homes in this area is $1,360,000. Additional amenities include parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.