8-Bedroom Residential Income - 4089 Leimert Boulevard, Los Angeles, CA

$1,895,000

4089 Leimert Boulevard, Los Angeles, CA

4089 Leimert Boulevard, Los Angeles, CA 90008 - $1,895,000 · 8 bd 8 ba Multi-Family Home for Sale, photo 3

4089 Leimert Boulevard, Los Angeles, CA 90008 - $1,895,000 · 8 bd 8 ba Multi-Family Home for Sale, photo 4

4089 Leimert Boulevard, Los Angeles, CA 90008 - $1,895,000 · 8 bd 8 ba Multi-Family Home for Sale, photo 5

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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 6.5% 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.

Property details

Bedrooms

Bathrooms

Square feet

5,134

Year built

1940

Property type

Residential Income

Lot size

6,188 sqft

Location

4089 Leimert Boulevard • Los Angeles, CA 90008

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Listed by

Kaela Whelan · Compass

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Closed sales reported in 90008, nearest first, last 12 months. All recent sales in Los Angeles →

Sale history for 4089 Leimert Boulevard →