4164 Leimert Blvd, Los Angeles, CA 90008 – 24-472681

$1,750,000

Est. payment - /mo

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8 BD

8 BA

5,908 SqFt

Active

4164 Leimert Blvd Los Angeles, CA 90008

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Enrique Arce Cervera

enriquearcerealty@gmail.com +1(702) 601-3668

UPDATED:

12/24/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,908 sqft

Price per Sqft $296

MLS Listing ID 24-472681

Style Spanish

Bedrooms 8

Year Built 1933

Lot Size 5,281 Sqft

Acres 0.1212

Property Description

We are pleased to present this 8 Unit apartment complex for sale. It is located in Leimert Park, a popular submarket in Los Angeles. The building consists of all one bedroom - one bath units and contains 5,908 square feet. It is situated on a 6,316 square foot lot, which is zoned LAR3. The investment is currently producing $12,198 per month and there is still plenty of upside in the rents. The GRM is 11.9 with a 5.05 CAP rate and the Market GRM is 8.29 with an 8.65 Market CAP. The complex was built in 1933, with wood-frame, stucco construction and beautiful Spanish architecture. This is an excellent opportunity to invest in a highly sought after location with lots of potential. Please make all offers subject to inspection.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Garbage Disposal, Refrigerator, Range/Oven

Exterior

Parking Features None

View Y/N No

View None

Building

Story 2

Architectural Style Spanish

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by McAlpin & Company

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Enrique Arce Cervera

Realtor | RE.S.0193817

+1(702) 601-3668

4164 Leimert Blvd Los Angeles, CA 90008

Enrique Arce Cervera

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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4164 Leimert Blvd