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4089 Leimert Blvd

Los Angeles, CA 90008
  • $2,099,000
  • STATUS: Active
  • ON SITE: 146 Days
  • ID#: 22-124387
Price Reduced
UPDATED: 35 min ago
$2,099,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,134
    SQFT
  • $409
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

Your next investment opportunity awaits! This upgraded and extremely well maintained 8 unit building is located in the heart of Leimert Park. 5 of 8 units are renovated with new flooring and kitchens among other updates. The building has a new roof, new windows and has been freshly painted. Great location, in close proximity to the expo line, new development on Crenshaw and the Baldwin Hills/Crenshaw redevelopment project. With solid income and a ton of upside, including rents and ADU potential in garage, there are only plus signs when it comes to this property.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-30T08:42:35.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/125369312
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4089 Leimert Blvd Los Angeles, CA 90008

  • Price: $2,099,000
  • Status: Active
  • On Site: 146 Days
  • Updated: 35 min ago
  • ID#: 22-124387
8
Beds
0
Baths
0
½ Baths
0.14
Acres
5,134
SQFT
$409
$/SQFT
1940
Built
Neighborhood:
Park Hills Heights
County:
Los Angeles
Area:
Park Hills Heights
Property Description
Your next investment opportunity awaits! This upgraded and extremely well maintained 8 unit building is located in the heart of Leimert Park. 5 of 8 units are renovated with new flooring and kitchens among other updates. The building has a new roof, new windows and has been freshly painted. Great location, in close proximity to the expo line, new development on Crenshaw and the Baldwin Hills/Crenshaw redevelopment project. With solid income and a ton of upside, including rents and ADU potential in garage, there are only plus signs when it comes to this property.
Exterior Features

Lot Size Area 6186 Other Structures None Parking Garage Garage - 4+ Car Total Parking 6

Interior Features

Baths Total 8.00 Cooling Ceiling Fan Equipment None Heating Wall

Property Features

Assessed Total Value 1095492 Gross Income 138336 Gross Operating Income 134186 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 93930.00 Number Of Buildings 1 Number Of Units 8 Owner Pays WaterGardener Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays GasElectricity Total Annual Expense 40256 Type Of Units Multifamily Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Kaela Whelan DRE#01965737 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-30T08:42:35.56. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064