4280 Leimert Boulevard, Los Angeles, CA 90008

About this property

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. One of the Single/Studio units have been remodeled throughout. 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 description from the March 2025 sale, as reported to CRMLS.

Sale history

$865,000

Sold March 2025 · listed $1,200,000, orig. $1,800,000, on market January 2025 · MLS #25490115 · Source: CRMLS

Listing Agent: Robert Flannigan · Listing Office: Estate Properties · Contact: 310-577-5300 · Bought with: Robert Flannigan · Estate Properties

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