4089 Leimert Boulevard, Los Angeles, CA — listing photo 1
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FOR SALE

4089 Leimert Boulevard

Los Angeles, CA 90008
8 Beds
8 Baths
5,134 Sq Ft
Built 1940
$1,895,000
Price ReducedWas $2,075,000 — $1,895,000 (-$180,000)

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1940
Living area
5,134 sq ft
Lot size
6,188 sq ft
Parking
6 spaces
Stories
2
Days on market
91
MLS status
Active
Zoning
LAR3

Features & Amenities

Appliances

  • Disposal
  • Refrigerator

Parking

  • Door Multi
  • Door Single
  • Garage

Community, Schools & Utilities

Utilities

Heating
WallFurnace
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Location & Neighborhood

4089 Leimert Boulevard

Los Angeles, CA 90008

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Frequently Asked Questions About 4089 Leimert Boulevard

Property type: Residential Income

The current asking price is $1,895,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 4089 Leimert Boulevard. Our team will confirm availability and timing.
This 8 bedrooms and 8 bathrooms property offers approximately 5,134 square feet of living space. It was built in 1940. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 91 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Kaela Whelan
MLS ID: CLW-C119750

Available property

$1,895,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.