4089 Leimert Blvd, Los Angeles, CA 90008
4089 Leimert Blvd, Los Angeles, CA 90008
4089 Leimert Blvd, Los Angeles, CA 90008
24
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$1,995,000
Est. payment /mo
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8 Beds
8 Baths
5,134 SqFt
Price Dropped by $80K

4089 Leimert Blvd Los Angeles, CA 90008

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Sev Grigor

Sev Grigor

+1(626) 390-0008

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,134 sqft

Price per Sqft $388

MLS Listing ID 26756773

Bedrooms 8

Year Built 1940

Lot Size 6,188 Sqft

Acres 0.1421

Property Sub-Type Multi-Family

Property Description

Well-maintained 8-unit multifamily property in the heart of Leimert Park, one of LA's most vibrant and evolving neighborhoods. The property offers a strong 6.2% cap rate with solid in-place income and clear upside potential. The property features five renovated units with updated interiors, providing immediate rental premiums, while three units remain in classic condition, presenting a clear value-add opportunity for increased rents and long-term growth. Located just moments from Leimert Park Village, the Metro K Line, and major employment hubs including Downtown LA, Culver City, and USC. The area continues to see strong rental demand and ongoing neighborhood investment. The property also includes four garages (two 2-car and two 1-car), which can be delivered vacant. These offer flexibility for additional income or excellent ADU potential. Ideal for investors looking for a balance of current cash flow and long-term growth in a central Los Angeles location.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Range/Oven, Refrigerator, Garbage Disposal

Exterior

Parking Features Garage - 1 Car, Garage - 2 Car

Garage Spaces 6.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

NEARBY SCHOOL & BUSINESS

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Sev Grigor

Sev Grigor

Team leader | RE.S.0171941

+1(626) 390-0008

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4089 Leimert Blvd