Rare 6-unit Spanish-style building in one of LA’s most historic neighborhoods – Leimert Park. Nearly 85% rent upside, current gross income $84,516/yr vs. $156,000/yr at market. One 2BD/1BA unit is currently not occupied and available to live in and / or rent. Updated electrical panels, copper plumbing, several units renovated with granite counters and new flooring. 4 detached garages, 2 available for the next owner to lease separately. Owned coin laundry on-site. Cap rate approximately 5.1% in-place, approximately 11.1% at full market rents. Walking distance to the vibrant Leimert Park Village. Don’t miss out.
Property Details
Price:
$1,199,900
MLS #:
DW26202192
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
phhtparkhillsheights
Listed Date:
Sep 28, 2026
Total Sq Ft:
4,936
Lot Size:
6,328 sqft / 0.15 acres (approx)
Year Built:
1929
See this Listing
Schools
Interior
Cooling
NO
Laundry Features
CM
Levels
U
Exterior
Architectural Style
SPN
Common Walls
_2CW
Community Features
SDW
Construction Materials
STC
Fencing
CH, WI
Garage Spaces
2
Other Structures
SEGAD
Parking Spots
4
Parking Total
4
Roof
FLT, FLTR, MIX
Security Features
PRKG
View
NO
Financial
Map
Community
- Address4237 8th AV 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 Oct 06, 2026
9,632
Single Family Listed
86
Avg DOM
435
Avg $ / SqFt
$1,556,954
Avg List Price
Property Summary
- 4237 8th AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90008. It is listed for $1,199,900 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1929. The average price per square foot for Single Family listings in Los Angeles is $435. The average listing price for Single Family in Los Angeles is $1,556,954.
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Courtesy of Century 21 A Better Service. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.4237 8th AV
Los Angeles, CA