Active
4164 Leimert Boulevard
Los Angeles CA, 90008
$1,750,000
$296.21 per sqft
Active
8 Beds
8 Baths
5,908 sqft
Residential
Built in 1933
Listed by Jerome McAlpin with McAlpin & Company 310-437-4172
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.
24472681
MLSⓇ ID
December 16, 2024
Listed
December 19, 2024
Updated
Map
4164 Leimert Boulevard
Los Angeles CA, 90008
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
8
Appliances
Disposal, Refrigerator
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.12 Acres
Architectual Style
Spanish
Other Property Details
Area Name
PHHT - Park Hills Heights
Days on Market
2
Garage
No
Parking
None
Parking Total
0
View
No
View Description
None
County
Los Angeles
Pool
No
Zoning
LAR3
Listing Contact: 310-437-4172
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/19/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/19/2024 at 6:58 PM UTC