1135 Leighton Avenue Los Angeles, CA $ 3,595,000
1135 Leighton Avenue
$ 3,595,000
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1135 Leighton Avenue

Los Angeles, CA, 90037
$ 3,595,000
Bedrooms24 Baths24.0 Sq 10,887

Monthly Estimate*

$ 24,830

Listed by John Swartz, Compass, john.swartz@compass.com
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Multi-Family Home for sale in Los Angeles, CA

for $3,595,000 with 24 bedrooms and 24 full baths. This 10,887 square foot home was built in 2019 on a lot size of 0.3163.

1135 Leighton Avenue (APN 5037-021-027) is offered exclusively in conjunction with the adjacent property at 3944 S Budlong Avenue, Los Angeles, CA 90037 (APN 5037-021-026). Both properties must be purchased together.Located in Los Angeles' Exposition Park neighborhood, this eight-unit multifamily offering features buildings constructed in 2019, with approximately 10,887 square feet of combined rentable building area on two parcels totaling approximately 13,776 square feet. The properties are zoned RD1.5-1-CPIO and located within a federally designated Qualified Opportunity Zone.The unit mix consists of eight spacious three-bedroom, three-bathroom apartments with layouts designed for contemporary living. Each unit is individually metered for gas and electricity and equipped with a tankless water heater. Tenants are responsible for water, trash, gas, and electricity expenses, limiting ownership's utility obligations. The property is subject to the Los Angeles Rent Stabilization Ordinance (LARSO).The location offers convenient access to the University of Southern California, USC Village's retail and dining destinations, the California Science Center, Exposition Park's museums, and BMO Stadium. Nearby access to the I-110 and I-10 freeways and the Metro E Line connects residents to Downtown Los Angeles, the Westside, and major employment centers. With modern construction, spacious floor plans, and proximity to prominent educational and cultural destinations, this offering presents an attractive opportunity for long-term multifamily ownership.

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Multi-Family Active

Price

$ 3,595,000

Bedrooms

24

Full Bath

24

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3163

Year Built

2019

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26107060

Days on Market

1

Features
General
Living Area 10887
Heating Central
Cooling Central Air
Possession Close Of Escrow
Appliances Dishwasher Gas Oven Microwave Oven Refrigerator Dryer Washer
Zoning LARD1.5
Security Features Gated Community Key Card Entry
Year Built 2019
Levels Multi/Split
Gross Income 379590
Community Features Gated
County Los Angeles
Net Operating Income 287693
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Located at the SE corner of S Budlong Ave. and Leighton Ave.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 8
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 13776
Standard Status Active
Year Built Source Other
Cap Rate 8
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 24
Total Baths 24
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Exterior
Parking Features None
Total Parking 8
Lot Size Area 13776
Number of Buildings 4
Building Area Total 10887
Lot Size Acres 0.3163
Lot Size Source Other
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* Excluded Features
List By
John Swartz

Listing Agent

Compass

Broker

john.swartz@compass.com

Email

Affordability Calculator

$24,830
Per Month
100%
0%
0%
Monthly Principal & Interest
$24,830
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2026$3,595,000 Listed Price

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1135 Leighton Avenue, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $3,595,000 with 10,887 sqft and a lot size of 0.3163. 1135 Leighton Avenue has 24 bedrooms, 24.0 baths, and was built in 2019. The property's zip code is 90037 which is in Los Angeles, CA