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Listed by: Kaela Whelan (310) 526-1259 DRE #01965737 | Compass (310) 437-7500
$1,995,000
8 Beds
8 Baths
5,134sqft
4089 Leimert Blvd, Los Angeles, CA 90008
$1,995,000
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Multi Family
Built in 1940
$-- HOA
6,188 sqft lot
$389/sq.ft
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. ...
Continue Reading- Houzeo last checked: 43 Minutes ago
- Listing updated: May 4, 2026 at 4:17 pm
- Source: California Regional MLS-CA | MLS#: 26756773
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1940
HOA Fees
-
Finished Area
5,134 sqft
Lot Size
6,188 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26756773
MLS Status
Active
Days on Market
52
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