4164 Leimert Boulevard, Los Angeles, CA 90008
-
Listed Price :
$1,750,000
-
Beds :
8
-
Baths :
8
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Property Size :
5,908 sqft
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Year Built :
1933
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.
Interior Features
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
8 |
Listing Information
| Address |
4164 Leimert Boulevard |
| City |
Los Angeles |
| State |
CA |
| Zip |
90008 |
| County |
Los Angeles |
| Listing Agent |
Jerome McAlpin DRE #00939725 |
| Courtesy Of |
McAlpin & Company |
| List Price |
$1,750,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
5,908 |
| Lot Size |
5,281 |
| Year Built |
1933 |
Listing information courtesy of: Jerome McAlpin, McAlpin & Company. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 24th, 2024 at 1:05 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
