CA > Los Angeles
Los Angeles, CA 90008,4164 Leimert BLVD
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Amanda Zito

Amanda Zito

+1(949) 484-9486
$ 1,750,000
Est. payment | /mo

8 Beds

8 Baths

5,908 SqFt

Save
$ 1,750,000
Est. payment | /mo
Save

8 Beds

8 Baths

5,908 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,908 sqft

Price per Sqft $296

MLS Listing ID 24472681

Bedrooms 8

HOA Y/N No

Year Built 1933

Lot Size 5,279 Sqft

Property Description

We are pleased to present this 8 Unit apartment complex for sale. It is located in Leimert Park, a popular submarket in Los Angeles. The building consists of all one bedroom - one bath units and contains 5,908 square feet. It is situated on a 6,316 square foot lot, which is zoned LAR3. The investment is currently producing $12,198 per month and there is still plenty of upside in the rents. The GRM is 11.9 with a 5.05 CAP rate and the Market GRM is 8.29 with an 8.65 Market CAP. The complex was built in 1933, with wood-frame, stucco construction and beautiful Spanish architecture. This is an excellent opportunity to invest in a highly sought after location with lots of potential. Please make all offers subject to inspection.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Appliance Disposal, Refrigerator

Exterior

Parking Features None

View Y/N No

View None

Building

Faces North

Story 2

Entry Level Two

Architectural Style Spanish

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5023006021

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jerome McAlpin • McAlpin & Company
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 484-9486

soldbyzitoteam@gmail.com

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4164 Leimert BLVD