4280 Leimert Boulevard

Los Angeles, CA 90008

$1,800,000

List Price

4

bed Beds

8

shower Baths

4,776 sqft

straighten / sqft

1939

calendar_month Built

Property Description

This is an Excellent Opportunity to Own a 8 Unit Building in the Highly Sought After Leimert Park!!! Four of the Eight units are 1 Bedroom, 1 Bath. Four are Single/Studio/Bachelor Units. This is an income producing property that has the potential to have a 8.8 Cap Rate based on Market Rents. It also has potential to have a 10.4 Gross Rent Multiplier. The Single/Studio units have been remodeled throughout. This property has a zero vacancy rate! The Leimert Park area is undergoing massive revitalization. In close proximity to the New Metro Train Line, Baldwin Hills Mall, Downtown Los Angeles and the New Inglewood Rams Stadium! This is opportunity galore, don't wait!!!

Listing Information

List Price $1,800,000
Status Active
MLS 25490115
Type Residential Income
Year Built 1939
Lot Size 5,264
Structure Size 4,776
DOM 4
Courtesy Of Estate Properties
Listing Agent Robert Flannigan DRE#01271809

Interior Features

Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 8
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Robert Flannigan, Estate Properties 310-692-0409. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 29th, 2025 at 1:30 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.