Listing Courtesy Of:
McAlpin & Company, 310-437-4172, Jerome McAlpin
Local Realty Services Provided By:
Keller Williams Realty Larchmont
Overview
What It'll Cost
Neighborhood
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4164 Leimert Blvd, Los Angeles, CA 90008
8 Beds
8 Baths
4164 Leimert Blvd, Los Angeles, CA 90008
Estimation provided by Keller Williams Realty Inc.
8 Beds
8 Baths
Pending
For Sale
Property Description
We are pleased to announce a price improvement on this 8 Unit investment opportunity. 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 5,281 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 11.2 with a 5.43 CAP rate and the Market GRM is 7.82 with a 9.18 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.
Property Details
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Overview
Property Type
Residential Income
Property Size
Year Built
1933
Days on Site
96 Days
HVAC
Cooling: Ceiling Fan, Heating: Wall
Parking
No
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$1,650,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
02/04/2025
Price Decrease
(-5.71% )
12/16/2024
Listed
(+153.62% )
01/24/2012
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+4.47% )
Land 583,111 +
Additions 249,902
2022
(+1.49% )
Land 560,469 +
Additions 240,199
2021
(+2.85% )
Land 560,469 +
Additions 240,199
2019
(+3.41% )
Land 554,723 +
Additions 237,737
2017
Land 533,184 +
Additions 228,506
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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market snapshot
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Transit & Commute
Estimated commute times from Leimert Park-Stocker Vlg
Car-Dependent
Walkable
Very Walkable
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