4237 8th Avenue, Los Angeles, CA 90008

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
4237 8th Avenue,Los Angeles, CA 90008
$1,199,900
  • - Beds
  • - Baths
  • 4,936 sq. ft.
  • Multi-family
  • Coming Soon
Listed by: carlos munoz
Office: century 21 a better service562-806-1000
MLS#:DW26202192
Source:CRMLS

Price summary

  • Price:$1,199,900
  • Price per sq. ft.:$243.09

About this home

Rare 6-unit Spanish-style courtyard building in Leimert Park. Nearly 85% rent upside, current gross income $84,516/yr vs. $156,000/yr at market. One 2BD/1BA unit will be delivered with no tenant in place at close. Updated electrical panels, copper plumbing, several units renovated with granite counters and new flooring. 4 detached garages, 2 available for the next owner to lease separately. Owned coin laundry on-site. Cap rate approximately 5.1% in-place, approximately 11.1% at full market rents. Walking distance to Leimert Park Village. Subject to LA Rent Stabilization Ordinance; buyer to verify all aspects of the property.

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Home facts

  • Year built:1929
  • Listing ID #:DW26202192
  • Updated:September 26, 2026 at 12:39 AM

Rooms and interior

  • Living area:4,936 sq. ft.

Structure and exterior

  • Roof:Flat, Flat Tile, Mixed
  • Year built:1929
  • Building area:4,936 sq. ft.
  • Lot area:0.15 Acres
  • Architectural Style:Spanish
  • Construction Materials:Stucco
  • Foundation Description:Raised
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,199,900
  • Price per sq. ft.:$243.09

Parking

  • Total parking spaces:4
  • Parking description:2 Carport Space(s)
  • Garage:Yes
  • Garage spaces:2
  • Carport spaces:2
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