4089 Leimert Boulevard, Los Angeles, CA 90008
Local realty services provided by:CENTURY 21 Fort Bragg Realty
4089 Leimert Boulevard,Los Angeles, CA 90008
$1,895,000
- 8 Beds
- 8 Baths
- 5,134 sq. ft.
- Multi-family
- Active
Listed by: kaela whelan
Office: compass310-437-7500
MLS#:26756773
Source:CRMLS
Price summary
- Price:$1,895,000
- Price per sq. ft.:$369.11
About this home
Well-maintained 8-unit multifamily property in the heart of Leimert Park, one of LA's most vibrant and evolving neighborhoods. The property offers a strong 6.5% cap rate with solid in-place income and clear upside potential. The property features five renovated units with updated interiors, providing immediate rental premiums, while three units remain in classic condition, presenting a clear value-add opportunity for increased rents and long-term growth. Located just moments from Leimert Park Village, the Metro K Line, and major employment hubs including Downtown LA, Culver City, and USC. The area continues to see strong rental demand and ongoing neighborhood investment. The property also includes four garages (two 2-car and two 1-car), which can be delivered vacant. These offer flexibility for additional income or excellent ADU potential. Ideal for investors looking for a balance of current cash flow and long-term growth in a central Los Angeles location.
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Home facts
- Year built:1940
- Listing ID #:26756773
- Added:146 day(s) ago
- Updated:September 14, 2026 at 11:14 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Kitchen Description:Disposal, Refrigerator
- Living area:5,134 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1940
- Building area:5,134 sq. ft.
- Lot area:0.14 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,895,000
- Price per sq. ft.:$369.11
Features and amenities
- Appliances:Disposal
Parking
- Total parking spaces:6
- Parking description:Door-Multi, Door-Single, Garage
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