3930 Roxanne Ave, Los Angeles, CA 90008

Property Description

Outstanding investment opportunity in thriving Baldwin Village, one of Los Angeles' most stable and centrally located multi-family communities neighboring Baldwin Hills, View Park/Windsor Hills, and the Baldwin Hills-Crenshaw redevelopment corridor. This well-maintained 19-unit building, offered for the first time in over 30 years, reflects true pride of ownership. The property features eight (8) spacious 2-bedroom units seven of which have wo baths, plus one (1) 2-bed/2-bath with den ; 11 spacious one bedroom one bath units all within a total 21,617 sq. ft. of rentable space. Owner has COMPLETED SOFT-STORY RETROFITTING! FULL COPPER RE-PIPING; ENERGY furnace controller and water heater re-circulation to enhance energy efficiency; The well-designed layout centers around a large, renovated fenced swimming pool with new pool light; includes an on-site incoome generating laundry room; a separate office/storage space, and added storage closets for tenant convenience. August 2025 Systematic Code Enforcement inspection with no significant findings. The property offers 13 covered parking spaces with storage, plus abundant street parking. Six units are currently vacant two recently renovated and rent-ready, and four vacant units ready for renovation and rent optimization. Tenants pay their own utilities except water and trash. Located across from Hillcrest Elementary School, this prime Baldwin Village location offers easy access to Metro lines, the Baldwin Hills-Crenshaw Mall, Leimert Park, Baldwin Hills Estates, Kaiser Permanente, and major employment and entertainment hubs. With a blend of strong fundamentals, great upside potential, and community appeal, this is a rare opportunity to acquire a legacy asset in one of L.A.'s most dynamic submarkets.