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Leimert Park Multifamily Investment
For Sale
$1,895,000

4089 Leimert Blvd, Los Angeles, CA 90008

Well-maintained 8-unit property with income and growth potential.

Property Size5,134 SF
Price / SF$369.11
Days on Market178

Property Features for 4089 Leimert Blvd

General Information

Standard status Active
Size 5,134 SF
Property subtype MULTI_FAMILY

Building Details

Building Size 5,134 SF
Year Built 1940
Listing Agency: Compass
Listed By: Kaela Whelan · License #01965737
Source: Jademillsestates
Added: Apr 20 Changed: Oct 9 Last Checked: Oct 13 at 2:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This well-maintained multifamily property features eight units and is situated in Leimert Park. The property offers a 6.2% cap rate with in-place income and upside potential. Five units have been renovated with updated interiors, while three units remain in classic condition. The property includes four garages, consisting of two 2-car garages and two 1-car garages, which can be delivered vacant. The property is located near Leimert Park Village, the Metro K Line, and major employment hubs including Downtown LA, Culver City, and USC. The property size is 5134 square feet.

Key Highlights

  • Strong 6.2% cap rate with solid in‑place income.
  • Five renovated units provide immediate rental premiums.
  • Value‑add opportunity with three classic units for increased rents.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Computer & Electronic Repair Tech Support Center Bar & Pub Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,056
Businesses Nearby

Demographics for 90008, CA

33,041
Population
16,245
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
85%
High-School Grad
2.9 sq mi
ZIP Area
11,393
Density / Sq Mi
$61,822
Median Household Income
$41,295
Median Earnings
$1,589
Median Rent
$1,003,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 8-unit property with income and growth potential.
Where is this apartment building located?
The property is located at 4089 Leimert Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Strong 6.2% cap rate with solid in‑place income.; Five renovated units provide immediate rental premiums.; Value‑add opportunity with three classic units for increased rents.
More about this property
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