Account
Overview
- Apartment
Description
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.
Address
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Address: 4237 8th Avenue
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90008
Details
Updated on October 18, 2026 at 9:01 am-
Property ID DW26202192
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Price $1,199,900
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Land Area 0.1453 Acres
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Year Built 1929
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Type Apartment
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Property Status Active
Additional details
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PropertySubType Apartment
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Fireplace Features None
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Pool Features None
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Style Spanish
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Cooling None
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Days On Market 15
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Construction Materials Stucco
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Utilities Natural Gas Connected,Sewer Connected,Water Connected
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Roof Mixed,Flat,Flat Tile
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Garage Spaces 2.00
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LotSize SquareFeet 6328.00
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Lot Features 0-1 Unit/Acre
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Community Features Sidewalks
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Sewer Public Sewer
Features
Listed by
Agent Name : Carlos Munoz
Agent State License : 01408987
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