$865,000
$1,200,000
27.9%For more information regarding the value of a property, please contact us for a free consultation.
4280 Leimert BLVD Los Angeles, CA 90008
4 Beds
8 Baths
4,776 SqFt
Key Details
Sold Price $865,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,776 sqft
Price per Sqft $181
MLS Listing ID 25490115
Sold Date 03/31/25
Bedrooms 4
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1939
Lot Size 5,262 Sqft
Property Description
Huge Price Reduction!!! This is an Excellent Opportunity to Own a 8 Unit Building in the Highly Sought After Leimert Park!!! Four of the Eight units are 1 Bedroom, 1 Bath. Four are Single/Studio/Bachelor Units. This is an income producing property that has the potential to have a 8.8 Cap Rate based on Market Rents. It also has potential to have a 10.4 Gross Rent Multiplier. One of the Single/Studio units have been remodeled throughout. In close proximity to the New Metro Train Line, Baldwin Hills Mall, Downtown Los Angeles and the New Inglewood Rams Stadium! This is opportunity galore, don't wait!!!
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Disposal
Exterior
Parking Features Carport
Community Features Gated
Building
Entry Level Two
Sewer Other
Architectural Style Craftsman
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5023007018
Security Features Gated Community
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Robert Flannigan • Estate Properties