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4901 August Street, Los Angeles CA 90008
4901 August Street, Los Angeles CA 90008
4901 August Street, Los Angeles CA 90008
4901 August Street, Los Angeles CA 90008
4901 August Street, Los Angeles CA 90008
California>Los Angeles>Crenshaw

4901 August StreetLos Angeles, CA 90008

For Sale

$2,800,000

Smart Buyer Rebate $28,000

1st Time on Market in Over 50 Years , This Well Maintained 14 Unit Building Sits in the Most Desireable area Of Baldwin Village just a block east of La Brea at Stevely Street. This area has had a Renaissance of Sorts in the last few years with Major developments Including Kaiser, New Light Rail less than 1/4 Mile away, Costco (Coming Soon) as well as Many Other Projects. Prospective Buyers will Inherit a Property with an Outstanding Mix of 8 (3) Bedroom 2 Bath Units and 6 (2) Bedroom/ 2 Bath Units with (1) of these Units being VACANT and One More Potentially Vacant. In addition there is gated parking for all Tenants, Washer and Dryer Room, Patios and Balconies on every Apt. Some Upgrades recently are New Windows and Patio Doors within the last 3 years, New Sewer Line, Some upgraded Electrical Sub Panels and Retrofit ( Soft Story) Completed. Seller is Motivated !

Listed by Martin Watkins

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License #01249364

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Watkins Realty & Investments

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310-301-3090

Last updated March 12, 2026

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Source: CRMLS #26649699

Listing Facts

  • TypeMulti-family
  • NeighborhoodCrenshaw
  • Bedrooms36
  • Days on Prevu36
  • Size17,872 sqft
  • Price per sqft$157

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/12/2026
Price Decreased
$2,800,000
02/09/2026
Listed by Watkins Realty & Investments
$2,900,000

Property Details for 4901 August Street

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 14
  • Stories: 2
  • Year Built: 1959

Measurements

  • Building Area Total: 17,872
  • Lot Size Acres: 0.37
  • Lot Size Area: 16,206
  • Lot Size Square Feet: 16,206
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.6
  • Gross Income: $294,072.00

Taxes

  • Parcel Number: 5030004030

Interior

Features

  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 17,872

Rooms

  • Bathrooms Total Integer: 28
  • Bedrooms Total: 36

Parking

Parking

  • Carport: Yes
  • Parking Features: Carport

Utilities

Equipment

  • Heating: Forced Air
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 36 bedrooms in this multi-family home at 4901 August Street.

How does 4901 August Street compare to other multi-family homes in Crenshaw?

This multi-family home is listed 52% below the average price for multi-family homes in Crenshaw and has been on the market for 53 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 17,872 sqft.

4901 August Street is a 36-bedroom multi-family home for sale in Los Angeles CA 90008. Listed on Prevu for 36 days at $2,800,000. This includes a recent price decrease of $100,000. This residence features 17,872 square feet of living space, located in Crenshaw. The median listing price for multi-family homes in this area is $1,360,000. Property amenities include parking. View other 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.