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% 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.
Property Details
Price:
$2,075,000
MLS #:
26756773
Status:
Active
Beds:
8
Baths:
8
Type:
Single Family
Neighborhood:
phhtparkhillsheights
Listed Date:
Apr 20, 2026
Finished Sq Ft:
5,134
Total Sq Ft:
5,134
Lot Size:
6,188 sqft / 0.14 acres (approx)
Year Built:
1940
See this Listing
Schools
Interior
Appliances
GD, RF
Heating
WL
Levels
U
Exterior
Parking Spots
6
Parking Total
6
Financial
Maintenance Fee
$2,750
Map
Community
- Address4089 Leimert BL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90008
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Apr 27, 2026
9,478
Single Family Listed
87
Avg DOM
500
Avg $ / SqFt
$1,496,448
Avg List Price
Property Summary
- 4089 Leimert BL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90008. It is listed for $2,075,000 and features 8 beds, 8 baths, and has approximately 5,134 square feet of living space, and was originally constructed in 1940. The current price per square foot is $404. The average price per square foot for Single Family listings in Los Angeles is $500. The average listing price for Single Family in Los Angeles is $1,496,448.
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