4237 8th Avenue
Los Angeles, CA 90008
8
Bed
6
Bath
6,328Sqft(Lot)
Rare 6-unit Spanish-style building in one of LA's most historic neighborhoods - Leimert Park. Nearly 85% rent upside, current gross income $84,516/yr vs. $156,000/yr at market. One 2BD/1BA unit is currently not occupied and available to live in and / or rent. 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 the vibrant Leimert Park Village. Don't miss out.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Flat, FlatTile, MixedLaundry Features: CommonArea -
Heating & Cooling
Cooling: None
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Building Information
Year Built: 1929Building Area Total: 4936Construction Materials: StuccoStories: 2Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 6328 Lot Size Acres: 0.1453 Lot Size Source: Assessor Lot Size Square Feet: 6,328 Lot Description: ZeroToOneUnitAcre
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Listing Price Information
Listing Price: $1199900Exchange1031
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Tax Information
Parcel Number: 5023014005 Tax Lot: 402
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Parking Information
Parking Total: 4Garage Information
Has Garage: Yes Garage Space: 2
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Utility Information
NaturalGasConnected, SewerConnected, WaterConnected -
Location Information
Direction: East of Crenshaw Blvd; West of Arlington Ave. South of Leimert Blvd; North of Vernon Ave WaterSource: Public Security Features: ClosedCircuitCameras
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4261 Leimert Boulevard, Los Angeles, CA, 90008 | $2,750,000 | 9 | 8 | -- | 11,004 Sq. Ft |
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ByOwner last updated this listing 10/03/2026 @ 03:59
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