Leimert Park Multifamily
For Sale
Contact for pricing
4089 Leimert Boulevard, Los Angeles, CA 90008
Well-maintained 8-unit property with income and growth potential.
Property Size5,134 SF
Price / SF$388.59
Days on Market83
Property Features for 4089 Leimert Boulevard
General Information
Standard status
Active
Size
5,134 SF
Total Parking Spaces
6
Property subtype
Multifamily
Zoning
LAR3
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$123,654
Building Details
Year Built
1940
Buildings
1
Stories
2
Units
8
Tenancy
Multi
Listing Agency:
Compass
(310) 437-7500
Listed By:
Kaela Whelan · License #CA 01965737
Source:
Crexi
Added: May 23
Changed: Aug 8
Last Checked: Aug 12 at 11:04AM
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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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 Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,995,000.
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.
