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$2,425,000
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Property Description
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.
Full Property Details
Full Property Details for 4725 August
General
- Sold For: $2,425,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SR25275458
- Added to Site: 261 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 12
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: Take Exit 9 for Crenshaw Blvd. Turn left on Crenshaw Blvd. Drive about 3 miles south.
Utilities
- Water: Public
- # Water Meters: 8
- # Gas Meters: 8
- # Electric Meters: 8
Structural Information
- Entry Location: Front
- Square Feet: 20,680
- Year Built: 1965
Unit Information
Unit 1
- Number of Units: 8
- Bedrooms: 1
Unit 2
- Number of Units: 8
- Bedrooms: 2
Unit 3
- Number of Units: 4
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.38
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $117.26
- Price Per Unit: 174950
Listed by Willie Gene Henderson, Willie Henderson
Sold by Marcus & Millichap, Stefan Ignjatovic
Get Pre-Approved Today
Schools
Schools serving 4725 August
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Hillcrest Drive Elementary School 4041 Hillcrest Drive, Los Angeles, CA 90008 | K-5 | 0.4 mi |
Audubon Middle School 4120 11th Avenue, Los Angeles, CA 90008 | 6-8 | 1.5 mi |
Susan Miller Dorsey Senior High School 3537 Farmdale Avenue, Los Angeles, CA 90016 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4725 August
Date
Details
Price
Change
Source
8/24/2026
Sold
$2,425,000
-30.69%
MLS
3/19/2026
Price Reduced
$3,499,000
-11.42%
MLS
2/04/2026
Price Reduced
$3,950,000
-10.23%
MLS
12/12/2025
Listed
$4,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4725 August, Los Angeles, CA 90008 (MLS# SR25275458) is a Multi-Family property that was sold at $2,425,000 on August 24, 2026. Want to learn more about 4725 August? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

