4280 Leimert Boulevard, Los Angeles, CA 90008
-
Listed Price :
$1,800,000
-
Beds :
4
-
Baths :
8
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Property Size :
4,776 sqft
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Year Built :
1939
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!!!
Interior Features
| Bedroom Information |
| Bedrooms |
4 |
| Bathroom Information |
| Bathrooms |
8 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
4280 Leimert Boulevard |
| City |
Los Angeles |
| State |
CA |
| Zip |
90008 |
| County |
Los Angeles |
| Listing Agent |
Robert Flannigan DRE #01271809 |
| Courtesy Of |
Estate Properties |
| List Price |
$1,800,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
4,776 |
| Lot Size |
5,264 |
| Year Built |
1939 |
Listing information courtesy of: Robert Flannigan, Estate Properties. *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.
