4280 Leimert Boulevard
Los Angeles, CA 90008
$600,000.00 (-33.33%)
Active for $1,200,000
Beds: 4 Baths: 8 Structure Size: 4,776 sqft Lot Size: 5,264 sqft
| MLS | 25490115 |
| Year Built | 1939 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $1,200,000 |
| Structure Size | 4,776 sqft |
| Lot Size | 5,264 sqft |
| Beds | 4 |
| Baths | 8 |
Description
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. 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!!!
Listing information courtesy of: Robert Flannigan, Estate Properties 310-692-0409. *Based on information from the Association of REALTORS/Multiple Listing as of 02/13/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Lisa Munoz
REALTOR®
Direct: 626.807.4680
Email: Email Me
DRE: 02131624
DRE #01873088
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