4250 8th Avenue
Los Angeles, CA, 90008 $ 1,129,000
Bedrooms8 Baths4.0 Sq 5,396 Monthly Estimate*
$ 7,129
Listed by Sotheby's International Realty
for $1,129,000 with 8 bedrooms and 4 full baths. This 5,396 square foot home was built in 1928 on a lot size of 0.1263.
Calling All Investors! Rare opportunity to acquire a fully occupied fourplex on a beautiful treelined Street, in one of Los Angeles' most established and steadily appreciating neighborhoods. This well-maintained income property features four spacious 2-bedroom, 1-bath residences, each exceeding 1,300+ square feet, a unit size rarely found in today's multifamily market and a significant advantage for long-term tenant retention. All Units with the original Hardwood floors. Full of irreplaceable Period Character. Three of the four units have been upgraded, and ownership has completed several important capital improvements, including updated plumbing, upgraded electrical panel, and updated windows. Each unit is separately metered, allowing for efficient utility management, and laundry in each unit provides an attractive amenity for residents. Situated on an R3-zoned lot (buyer to verify). Ideally located in the heart of Leimert Park, the property offers convenient access to neighborhood restaurants, shopping, parks, public transportation, the Metro K and E Lines, and the Crenshaw/LAX Transit Corridor, with easy access to Culver City, USC, Exposition Park, Downtown Los Angeles, and connectivity to major employment centers. Whether you're completing a 1031 exchange, expanding an existing multifamily portfolio, or seeking a long-term appreciation investment, this property offers a compelling combination of location, income, and future potential. Listing Agents have not viewed Interior of units. Please Do Not Disturb Tenants. Interior Shown with Accepted Offer Only. Prefer All CASH Offers. Call for Details.
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FeaturesGeneralLiving Area 5396
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Appliances Dryer Washer
Zoning LAR3
Architectural Style Spanish
Year Built 1928
Tenant Pays Electricity Gas Trash Collection
Stories Count 2
Levels Two
Gross Income 75349
County Los Angeles
Net Operating Income 28089
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Notice Of Default
Status Active
Directions East of Crenshaw South of Leimert
City Los Angeles
Disclosures Rent Control
Senior Community Y/N false
Number Of Units Total 4
MLS Area PHHT - Park Hills Heights
Lot Size Units Square Feet
Lot Size Square Feet 5501
Rent Control Y/N true
Standard Status Active
Occupancy Type Tenant
Cap Rate 2.5
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InteriorInterior Amenities Ceiling Fan(s)
Flooring Wood
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 8
Total Baths 4
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ExteriorParking Features Assigned
Total Parking 4
Lot Size Area 5501
Number of Buildings 1
Building Area Total 5396
Lot Size Acres 0.1263
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* Excluded FeaturesList BySotheby's International RealtyBroker
mathew.bahri@sothebys.realtyEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,129
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,863,657
Percent of Sale Price 65%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/24/2026 | $1,129,000 | | Listed Price |