4089 Leimert, Los Angeles CA 90008 | $2,075,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 6188 Lot Sq Ft
  • Type:
  • Stories: 2
  • Year Built: 1940
  • MLS#: 26756773
  • Community: PHHT - Park Hills Heights

Listing provided courtesy of Kaela Whelan of Compass. Last updated 2026-04-21 08:11:31.000000. Listing information © 2025 SANDICOR.

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% 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.

More Details

0.14 Acres
2 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985