4529 Don Ricardo Drive

For Sale

4529 Don Ricardo Drive, Los Angeles, CA 90008

This Los Angeles property for sale is located at 4529 Don Ricardo Drive. The current listed sale price for 4529 Don Ricardo Drive is $1,795,000/SF. 4529 Don Ricardo Drive is situated on a lot that is 14,572 square feet in size.

Contacts

broker
Joyce Goldstein

CBRE

broker
Eric Chen

CBRE

Property Details

  • Property Type Multi-Family
  • Property Size 38,384 SF
  • Units 27
  • Lot Size 14,572 SF
  • Date Updated Jan 23, 2025

CBRE, as the Exclusive Listing Agent, is pleased to offer 4529 Don Ricardo Drive (the "Property"), a 27-unit, ±14,572 SF multifamily development opportunity, in the Baldwin Hills Estates neighborhood of Los Angeles.  

 

Nestled between two condo developments on Don Ricardo Drive between Hillcrest Drive and Don Jose Drive, the offering presents a unique opportunity to acquire a parcel of land atop the Baldwin Hills Estates hillside with  unobstructed panoramic views of Downtown Los Angeles, Hollywood, and West Los Angeles. The Baldwin Hills-Crenshaw neighborhood has seen an increasing amount of attention from developers due to the Crenshaw/ LAX Metro rail line expansion project.

 

4529 Don Ricardo Drive is a unique multifamily development opportunity that will achieve competitive rents and serve as a fantastic long-term investment. The property is in an exceptional area, with desirable underlying zoning in place, and offers a rare opportunity for a developer to build new product in this neighborhood.

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Getting around

  • 23/100

    Walk Score ®

  • 47/100

    Transit Score ®

  • 12/100

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Location

  • City Los Angeles, CA
  • Neighborhood Baldwin Hills - Crenshaw
  • Zip Code 90008
  • Market Los Angeles

Points of Interest

  • Farmdale

    0.94 miles

  • Martin Luther King Jr.

    0.94 miles

  • Leimert Park

    1.19 miles

  • Hyde Park

    1.98 miles

  • Expo/Western

    2.52 miles

  • Fairview Heights

    2.64 miles

  • Downtown Inglewood

    3.04 miles

  • Palms

    3.26 miles

  • Expo/Vermont

    3.48 miles

  • Westchester/Veterans

    3.65 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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