$1,199,900/mo

4237 8th Avenue, Los Angeles, CA 90008

  • 4,936 sqft
Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.
  • Property Icon Rental
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon6,329sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $243/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

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.

Listing Status:
Active
Date Added:
September 28, 2026
Data Last Updated:
October 9, 2026 at 12:18AM
Listing Office:
Century 21 A Better Service : 562-806-1000
Listing Agent:
Carlos Munoz : 562-231-2856
Contact:
562-842-6557
MLS ID:
DW26202192
  • Laundry: Common Area
  • A/C: None
  • Fireplace: None
  • General: Second Garage
  • Style: Spanish
  • Other Structures: Second Garage
  • Pool: None
  • Parking: Parking spaces: 4
  • Roofing: FlatFlat TileMixed
  • General: Stucco2Raised
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: 5023014005
  • View: None
  • Fencing: Chain LinkWrought Iron
  • Utilities: Natural Gas ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Carlos Munoz , Century 21 A Better Service

Location

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