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About This Home
This 8-bedroom, 8-bathroom residential multi family at 4089 Leimert Blvd in Los Angeles, CA is listed for $1,995,000 ($389 per sqft). Built in 1940, the home offers 5,134 sqft of living space on a 0.14 acres lot.
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 rem
ain 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.
Key Features
- Built in 1940
- 0.14 acre lot
- 2 stories
- 6 parking spaces
Property Details
Monthly Cost Estimate
$10,670/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4089 Leimert Blvd
Los Angeles, CA 90008
Property Details
Parking
Cooling
Questions & Answers
This 8-bedroom, 8-bathroom residential multi family at 4089 Leimert Blvd is listed at $1,995,000 ($389/sqft). The estimated monthly payment is $8,645 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.14 acre lot, 2 stories, 6 parking spaces.
This property is listed by Kaela Whelan and can be reached at 3105261259 or kaelalwhelan@gmail.com.
