4280 Leimert Boulevard
Los Angeles, CA, 90008
$1,200,000
Beds
0 Baths
SqFt
0.12 Acres
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Huge Price Reduction!!! This is an Excellent Opportunity to Own a 8 Unit Building in the Highly Sought After Leimert Park!!! Four of the Eight units are 1 Bedroom, 1 Bath. Four are Single/Studio/Bachelor Units. This is an income producing property that has the potential to have a 8.8 Cap Rate based on Market Rents. It also has potential to have a 10.4 Gross Rent Multiplier. The Single/Studio units have been remodeled throughout. Plumbing and Electrical have been upgraded, New Sewer Line too! This property has a zero vacancy rate! The Leimert Park area is undergoing massive revitalization. In close proximity to the New Metro Train Line, Baldwin Hills Mall, Downtown Los Angeles and the New Inglewood Rams Stadium! This is opportunity galore, don’t wait!!!

Property Details

Price:
$1,200,000
MLS #:
25490115
Status:
Active Under Contract
Baths:
0
Address:
4280 Leimert Boulevard
Type:
Residential Income
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Jan 25, 2025
State:
CA
ZIP:
90008
Lot Size:
5,264 sqft / 0.12 acres (approx)
Year Built:
1939
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Rover IDX
4280 Leimert Boulevard
Los Angeles, CA