Nalren
Open in App

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 1 4089 Leimert Boulevard, Los Angeles, CA 90008 - $1,895,000 · 8 bd 8 ba Multi-Family Home for Sale, photo 2 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
View in Nalren App Get the App

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
8
Bathrooms
8
Square feet
5,134
Year built
1940
Property type
Residential Income
Lot size
6,188 sqft

Location

4089 Leimert Boulevard • Los Angeles, CA 90008

More homes for sale and rent in Los Angeles, CA →

Listed by

Kaela Whelan · Compass

Similar Listings

Recent sales near 4089 Leimert Boulevard

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

Sale history for 4089 LEIMERT Boulevard

Listing courtesy of Compass. Information deemed reliable but not guaranteed.

View this listing and thousands more on Nalren, the modern way to discover and connect on real estate.

Are you a local professional? Get found and booked on Nalren.

Nalren Corp. · CA DRE #02423715