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4280 Leimert Blvd
4280 Leimert Blvd
4280 Leimert Blvd
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$865,000

4280 Leimert Blvd

4 Beds 8 Baths 4,776 Sq.Ft. 5,264 Sq.Ft.

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Description

Huge Price Reduction!!! This is an Excellent Opportunity to Own a 8 Unit Building in the Highly Sought After Leimert Park!!! Four of the Eight units are 1 Bedroom, 1 Bath. Four are Single/Studio/Bachelor Units. This is an income producing property that has the potential to have a 8.8 Cap Rate based on Market Rents. It also has potential to have a 10.4 Gross Rent Multiplier. One of the Single/Studio units have been remodeled throughout. In close proximity to the New Metro Train Line, Baldwin Hills Mall, Downtown Los Angeles and the New Inglewood Rams Stadium! This is opportunity galore, don't wait!!!

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Location

4280 Leimert Blvd, Los Angeles, CA 90008

Status

Sold

Property Amenities

Interior
Fireplace None
Appliances Garbage Disposal
Flooring Mixed
Total Bedrooms: 4
Area & Lot
Lot Area 5,264 Sq.Ft.
Living area 4,776 Sq.Ft.
MLS® ID 25-490115
Year Built 1939
Architecture Styles Craftsman
Type Multi-Family
Status Sold
Exterior
Air conditioning None
Heat type Wall
Water Source Public
Security Features Gated
Sewer In Street
Parking Carport
Finance
Sales Price $865,000

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Work With Terry

With more than 50 years in Westside real estate, Terry Ballentine offers unmatched expertise in Marina del Rey, Venice, and nearby coastal communities. He provides personalized guidance for buyers, sellers, and investors, earning long-term trust and repeat clients. Terry’s hands-on approach and deep local knowledge ensure every transaction is handled with care and precision.

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Contact Details

Terry Ballentine | CA DRE# 00588883

(310) 351-9743
[email protected]

124 Washington Blvd Marina Del Rey, CA 90292