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4911 August StreetLos Angeles, CA 90008

For Sale

$2,800,000

Smart Buyer Rebate $28,000

Wonderfully Maintained 14 Unit Building in Baldwin Village that Consist of (8) Large 3 bed/ 2 bath Units and (6) 2 Bed 2 Bath Units with (1) ( 3 Bed 2 Ba) Unit delivered Vacant. All tenants have at least 1 Gated Parking space in the rear of the building an Balconies. Current GRM With " actual" Gross Rent is 9.0 and Could be lower with Filled Vacancy. All windows were replaced within last 3 years and Retrofit has been completed in addition to Major Projects like sewer lines and Electrical Sub Panels replaced in Most Units. Motivated Seller !

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 #26649969

Listing Facts

  • TypeMulti-family
  • NeighborhoodCrenshaw
  • Bedrooms36
  • Days on Prevu35
  • Size18,256 sqft
  • Price per sqft$153

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/12/2026
Price Decreased
$2,800,000
02/10/2026
Listed by Watkins Realty & Investments
$2,900,000

Property Details for 4911 August Street

Exterior

Construction

  • Number Of Units Total: 14
  • Stories: 2
  • Year Built: 1961

Measurements

  • Building Area Total: 18,256
  • Lot Size Acres: 0.37
  • Lot Size Area: 16,205
  • Lot Size Source: Plans
  • Lot Size Square Feet: 16,205
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.5
  • Gross Income: $311,444.00

Taxes

  • Parcel Number: 5030004031

Interior

Features

  • Flooring: Carpet

Measurements

  • Living Area: 18,256

Rooms

  • Bathrooms Total Integer: 28
  • Bedrooms Total: 36

Parking

Parking

  • Carport: Yes
  • Parking Features: Carport
  • Parking Total: 16

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 4911 August Street.

Does this multi-family home have parking?

Yes, there are 16 parking spaces available for 4911 August Street.

How does 4911 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 54 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 18,256 sqft.

4911 August Street is a 36-bedroom multi-family home for sale in Los Angeles CA 90008. On Prevu for 35 days at $2,800,000. This includes a recent price decrease of $100,000. This home features 18,256 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. Browse 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.