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
$1,995,000
  • 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:$1,995,000
  • Price per sq. ft.:$388.59

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 6.2% 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 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:49 day(s) ago
  • Updated:June 09, 2026 at 10:34 AM

Rooms and interior

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

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

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

Finances and disclosures

  • Price:$1,995,000
  • Price per sq. ft.:$388.59

Features and amenities

  • Appliances:Disposal

Parking

  • Total parking spaces:6
  • Parking description:Door-Multi, Door-Single, Garage
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