4280 Leimert Boulevard, Los Angeles, CA 90008 - Berkshire Hathaway HomeServices California Properties

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. The Single/Studio units have been remodeled throughout. Plumbing and Electrical have been upgraded, New Sewer Line too! 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!!!

Property type: (Multi-Family)

Status: Active Under Contract

MLS# 25490115

List price is $1,200,000 Reduced by $400,000 on 2/12/2025

Beds: 4

Baths: 8

None fireplaces

Built in 1939

4,776 sqft

2 stories

0.12 acres

Lot size: 0.1208

County: Los Angeles

Property style: Craftsman

Zoning: LAR3

Appliances: Disposal

Parking description: Carport

Heating/cooling: None

Heating description: Wall Furnace

MLS area: PHHT - Park Hills Heights

Last Updated: 3/2/2025

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This listing belongs to the PHHT - Park Hills Heights MLS area

The style of this listing is Craftsman.
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Lat/Long: 34.006280, -118.327984.
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Listing Agent: Robert Flannigan
Lic#: 01276603
Office Name: Tustin

No schools were found in the area

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National: