Active

4164 Leimert Blvd

Los Angeles CA, 90008

$1,750,000


$296.21 per sqft

Active

8 Beds

8 Baths

5,908 sqft

Multi-family

Built in 1933

We are pleased to present this 8 Unit apartment complex for sale. It is located in Leimert Park, a popular submarket in Los Angeles. The building consists of all one bedroom - one bath units and contains 5,908 square feet. It is situated on a 6,316 square foot lot, which is zoned LAR3. The investment is currently producing $12,198 per month and there is still plenty of upside in the rents. The GRM is 11.9 with a 5.05 CAP rate and the Market GRM is 8.29 with an 8.65 Market CAP. The complex was built in 1933, with wood-frame, stucco construction and beautiful Spanish architecture. This is an excellent opportunity to invest in a highly sought after location with lots of potential. Please make all offers subject to inspection.

24-472681

MLS ID

December 16, 2024

Listed

December 16, 2024

Updated

Map

4164 Leimert Blvd
Los Angeles CA, 90008

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

8


Appliances

Garbage Disposal, Refrigerator, Range/Oven


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.12 Acres


Architectual Style

Spanish

Other Property Details

Area Name

Park Hills Heights


Garage

No


Parking

None


Parking Total

0


View

No


View Description

None


County

Los Angeles


Pool

No


Zoning

LAR3

Listed by Jerome McAlpin with McAlpin & Company
Listing Contact: 310-902-8977 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Roxanna Godinez | CA DRE# 01137955 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/16/2024

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