4089 Leimert Boulevard, Los Angeles, CA 90008

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
4089 Leimert Boulevard,Los Angeles, CA 90008
$1,895,000
  • 8 Beds
  • 8 Baths
  • 5,134 sq. ft.
  • Multi-family
  • Active
Listed by: kaela whelan
Office: compass310-437-7500
MLS#:26756773
Source:CRMLS

Price summary

  • Price:$1,895,000
  • Price per sq. ft.:$369.11

About this home

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 6.5% 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 remain 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.

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Home facts

  • Year built:1940
  • Listing ID #:26756773
  • Added:91 day(s) ago
  • Updated:July 18, 2026 at 01:17 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Kitchen Description:Refrigerator
  • Living area:5,134 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1940
  • Building area:5,134 sq. ft.
  • Lot area:0.14 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,895,000
  • Price per sq. ft.:$369.11

Features and amenities

  • Appliances:Disposal, Refrigerator

Parking

  • Total parking spaces:6
  • Parking description:Door Multi, Door Single, Garage
Based on information from California Regional Multiple Listing Service, Inc. as of July 21, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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