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4089 Leimert Boulevard, Los Angeles, CA 90008

Los Angeles
Local realty services provided by:CENTURY 21 Valley Properties
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 6.2% 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:54 day(s) ago
  • Updated:June 14, 2026 at 10:34 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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Valley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Valley Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Anthony Guetzoian

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