4089 Leimert Boulevard Los Angeles, CA $ 1,995,000
4089 Leimert Boulevard
$ 1,995,000
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4089 Leimert Boulevard

Los Angeles, CA, 90008
$ 1,995,000
Baths0.0 Sq 5,134

Monthly Estimate*

$ 12,284

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,995,000. This 5,134 square foot home was built in 1940 on a lot size of 0.14.

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 6.2% 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.

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Multi-Family Active

Price

$ 1,995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1940

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026756773

Features
General
Living Area 5134
Heating Wall Furnace
Zoning LAR3
Year Built 1940
Levels Two
County Los Angeles
Insurance Expense 8833
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 2750
Status Active
City Los Angeles
Senior Community Y/N false
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
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Interior
Total Stories 2
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Garage - Single Door Garage - Three Door
Lot Size Area 6188
Building Area Total 5134
Lot Size Acres 0.14
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* Excluded Features
List By
Kaela Whelan

Listing Agent

Compass

Broker

kaelalwhelan@gmail.com

Email

Affordability Calculator

$12,284
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,284
Monthly Property Taxes
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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
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2026$1,995,000 Listed Price

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4089 Leimert Boulevard, Los Angeles, CA, 90008 is a Multi-Family Home for sale at $1,995,000 with 5,134 sqft and a lot size of 0.14. 4089 Leimert Boulevard is a studio with 0.0 baths and was built in 1940. The property's zip code is 90008 which is in Los Angeles, CA