$1,750,000
- Beds
- 8
- sq ft
- 5,908
4164 Leimert Blvd, Los Angeles, CA 90008
4164 Leimert Blvd
Los Angeles, CA 90008
- 37 days on market
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.
Details
Property type
Lot size
5,281 sq ft
Price per sq ft
$297
Year built
1933
HOA
No
Price History
12/16/2024
CLAW #24472681
Listed
$1,750,000
Schools & Community
Neighborhood:
Leimert Park
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 01/22/2025 at 3:30 AM
Listing updated: 01/13/2025 at 9:07 PM
Listed by: Jerome McAlpin, McAlpin & Company Phone #: (310) 437-4172
MLS: CLAW #24472681
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