Los Angeles, CA 90008,4280 Leimert Blvd
Los Angeles, CA 90008,4280 Leimert Blvd
Los Angeles, CA 90008,4280 Leimert Blvd
3
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$1,200,000
Est. payment /mo
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4 BD
8 BA
4,776 SqFt
Active Under Contract

4280 Leimert Blvd Los Angeles, CA 90008

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UPDATED:

03/02/2025 06:29 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,776 sqft

Price per Sqft $251

MLS Listing ID 25-490115

Style Craftsman

Bedrooms 4

Construction Status Updated/Remodeled

Year Built 1939

Lot Size 5,264 Sqft

Acres 0.1208

Property Sub-Type Multi-Family

Property Description

Huge Price Reduction!!! 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. Plumbing and Electrical have been upgraded, New Sewer Line too! 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!!!

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Mixed

Fireplaces Type None

Equipment Garbage Disposal

Exterior

Parking Features Carport

Building

Sewer In Street

Water Public

Architectural Style Craftsman

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Estate Properties

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agent

Evan Bellman

Agent | RE.S.182274.LLC

+1(702) 830-0895

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4280 Leimert Blvd