4089 Leimert Boulevard Los Angeles, CA ^$ 2,075,000

4089 Leimert Boulevard

^$ 2,075,000

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Recently Listed

4089 Leimert Boulevard

Los Angeles, CA, 90008

^$ 2,075,000

Bedrooms8 Baths1.0 Sq 5,134

Monthly Estimate*

^$ 12,776

Listed by Compass

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Multi-Family Home for sale in Los Angeles, CA

for $2,075,000 with 8 bedrooms and 1 full bath. This 5,134 square foot home was built in 1940 on a lot size of 0.1421.

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.

Multi-Family Active

Price

^$ 2,075,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1421

Year Built

1940

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26756773

Days on Market

Features

General

Living Area 5134

Heating Wall Furnace

Appliances Disposal Refrigerator

Zoning LAR3

Year Built 1940

Stories Count 2

Levels Two

Gross Income 175224

County Los Angeles

Net Operating Income 123654

Insurance Expense 8833

New Construction false

Property Type Residential Income

HOA false

MaintenanceExpense 2750

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions S of MLK Blvd on Leimert Blvd

City Los Angeles

Senior Community Y/N false

Number Of Units Total 8

MLS Area PHHT - Park Hills Heights

Lot Size Units Square Feet

Lot Size Square Feet 6188

Water Sewer Expense 9872

Standard Status Active

Year Built Source Assessor

Taxes 24138

Cap Rate 6

Interior

Total Stories 2

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 8

Total Baths 8

Exterior

Parking Features Door-Multi Door-Single Garage

Total Parking 6

Lot Size Area 6188

Number of Buildings 1

Building Area Total 5134

Lot Size Acres 0.1421

Lot Size Source Assessor

* Excluded Features

List By

Compass

Broker

kaelalwhelan@gmail.com

Affordability Calculator

$12,776

Per Month

Monthly Principal & Interest: $12,776
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,893,324

Percent of Sale Price 9%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
4/20/2026	$2,075,000		Listed Price

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4089 Leimert Boulevard, Los Angeles, CA, 90008 is a Multi-Family Home for sale at $2,075,000 with 5,134 sqft and a lot size of 0.1421. 4089 Leimert Boulevard has 8 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 90008 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/24/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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4089 Leimert Boulevard

Multi-Family Home for sale in Los Angeles, CA

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