4089 Leimert Boulevard, Los Angeles, CA 90008

• 5,134 sqft

Property Description

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.

Listing Status:

Active

Date Added:

April 20, 2026

Data Last Updated:

May 20, 2026 at 7:06AM

Listing Office:

Compass : 310-437-7500

Listing Agent:

Kaela Whelan : 310-526-1259

MLS ID:

CL26756773

Interior

• Heating: Wall Furnace

Exterior

• Parking: Other

Location

• County: Los Angeles

Lot

• Zoning: LAR35023003019