4089 Leimert Boulevard, Los Angeles, CA 90008
- 8 beds |
- 8 baths |
- 5,134 sqft
Multi-Family Home 
Built in 1940 
6,190sqft lot
—— car garage 
$369/sqft 
Listed 5 months ago
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 6.5% 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:
- October 9, 2026 at 6:16AM
- Listing Office:
- Compass : 310-437-7500
- Listing Agent:
- Kaela Whelan : 310-526-1259
- MLS ID:
- 26756773
- Parking: Door-MultiDoor-SingleGarageParking spaces: 6
- General: 2
- Originating MLS: CRMLS_CL
- County: Los Angeles
- Zoning: LAR35023003019
- Source: CRMLS_CL
This listing courtesy of Kaela Whelan , Compass
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
