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 Nelson Register Team 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
