4089 Leimert Boulevard
Los Angeles, CA 90008
8
Bed
0
Bath
5,134Sqft
6,188Sqft(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 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 flexibilit
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 8Bathroom Information
Total Baths: 8 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Disposal,Refrigerator -
Heating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1940 Building Area Total: 5,134
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1421 -
Lot Size Source: Assessor Lot Size Square Feet: 6188
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Listing Price Information
Original List Price: 1,995,000 Listing Contract Date: 2026-04-20 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5023003019
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Garage and Parking
Garage Description: Door-Multi,Door-Single,GarageHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: PHHT - Park Hills Heights Postal Code Plus 4: 3834 Directions: S of MLK Blvd, on Leimert Blvd Zoning: LAR3 Source Property Type: Residential Income Area: PHHT - Park Hills Heights -
Building and Construction
Property Age: 86 Year Built Source: Assessor Total Square Feet Living: 5134 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2017 W 39th Street, Los Angeles, CA, 90008 | $885,000 | 2 | -- | 1,088 | 1,088 SqFt |
| 3941 2nd Avenue, Los Angeles, CA, 90008 | $999,999 | 4 | 3 | 1,810 | 1,810 SqFt |
| 4181 Arlington Avenue, Los Angeles, CA, 90008 | $699,000 | 3 | -- | 1,020 | 1,020 SqFt |
| 4165 2nd, Los Angeles, CA, 90008 | $770,000 | 3 | 1 | 1,041 | 1,041 SqFt |
| 4301 Arlington Ave., Los Angeles, CA, 90008 | $850,000 | 3 | 2 | 2,363 | 2,363 SqFt |
| 4324 2nd Avenue, Los Angeles, CA, 90008 | $959,999 | 3 | 2 | 1,362 | 1,362 SqFt |
| 4068 Sutro Avenue, Los Angeles, CA, 90008 | $1,299,999 | 4 | 4 | 1,551 | 1,551 SqFt |
| 2722 W 43rd Place, Los Angeles, CA, 90008 | $1,075,000 | 4 | -- | 3,008 | 3,008 SqFt |
| 4172 -4180 Leimert Boul.., Los Angeles, CA, 90008 | $2,815,000 | 16 | -- | 11,280 | 11,280 SqFt |
| 4186 Leimert Boulevard, Los Angeles, CA, 90008 | $1,200,000 | 8 | -- | 3,032 | 3,032 SqFt |
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ByOwner last updated this listing 06/09/2026 @ 02:07
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