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.
For sale
Price cut: $100K (6/11)
$1,895,000
4089 Leimert Blvd, Los Angeles, CA 90008
8beds
8baths
5,134sqft
Multi Family
Built in 1940
-- sqft lot
$1,830,300 Zestimate®
$369/sqft
$-- HOA
What's special
- 83 days |
- 104 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Kaela Whelan DRE # 01965737 310-526-1259,
Compass 310-437-7500
Source: CLAW,MLS#: 26756773
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Wall
Cooling
- Ceiling Fan(s)
Appliances
- Included: Range/Oven, Refrigerator, Disposal
Interior area
- Total structure area: 5,134
- Total interior livable area: 5,134 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage - 1 Car, Garage - 2 Car
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,189 Square Feet
Details
- Additional structures: None
- Parcel number: 5023003019
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1940
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $369/sqft
- Tax assessed value: $1,185,791
- Date on market: 4/20/2026
Estimated market value
$1,830,300
$1.74M - $1.92M
$2,766/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Price change | $1,895,000-5%$369/sqft |
Source:  CLAW #26756773 Report a problem | ||
| 5/4/2026 | Price change | $1,995,000-3.9%$389/sqft |
Source: CLAW #26756773 Report a problem | ||
| 4/20/2026 | Listed for sale | $2,075,000+9.5%$404/sqft |
Source: CLAW #26756773 Report a problem | ||
| 7/27/2023 | Listing removed | -- |
Source: CLAW #23-264477 Report a problem | ||
| 4/29/2023 | Listed for sale | $1,895,000-5%$369/sqft |
Source: CLAW #23-264477 Report a problem | ||
| 4/19/2023 | Listing removed | -- |
Source: CLAW #23-233571 Report a problem | ||
| 1/18/2023 | Listed for sale | $1,995,000-1.5%$389/sqft |
Source: CLAW #23-233571 Report a problem | ||
| 12/12/2022 | Listing removed | -- |
Source: CLAW #22-188953 Report a problem | ||
| 9/17/2022 | Price change | $2,025,000-2.4%$394/sqft |
Source: CLAW #22-188953 Report a problem | ||
| 8/12/2022 | Listed for sale | $2,075,000-1.1%$404/sqft |
Source: CLAW #22-188953 Report a problem | ||
| 8/1/2022 | Listing removed | -- |
Source: CLAW #22-124387 Report a problem | ||
| 6/29/2022 | Listed for sale | $2,099,000-4.5%$409/sqft |
Source: CLAW #22-124387 Report a problem | ||
| 4/29/2022 | Contingent | $2,199,000$428/sqft |
Source: CLAW #22-124387 Report a problem | ||
| 2/28/2022 | Price change | $2,199,000-2.2%$428/sqft |
Source: CLAW #22-124387 Report a problem | ||
| 2/3/2022 | Listed for sale | $2,249,000+27.4%$438/sqft |
Source: CLAW #22-124387 Report a problem | ||
| 9/2/2019 | Listing removed | $1,765,000$344/sqft |
Source: Power Brokers International #19-495478 Report a problem | ||
| 8/14/2019 | Listed for sale | $1,765,000-4.5%$344/sqft |
Source: Power Brokers International #19-495478 Report a problem | ||
| 7/8/2019 | Listing removed | $1,849,000$360/sqft |
Source: Power Brokers International #19464520 Report a problem | ||
| 5/9/2019 | Listed for sale | $1,849,000+72.8%$360/sqft |
Source: Power Brokers International #19464520 Report a problem | ||
| 8/17/2017 | Listing removed | $1,622 |
Source: Go Section8 Report a problem | ||
| 8/8/2017 | Listed for rent | $1,622 |
Source: Go Section8 Report a problem | ||
| 10/21/2016 | Sold | $1,070,000-11.7%$208/sqft |
Source:  CLAW #16158584 Report a problem | ||
| 9/19/2016 | Listed for sale | $1,212,000$236/sqft |
Source: CBC Advisors #16158584 Report a problem | ||
| 9/2/2016 | Pending sale | $1,212,000$236/sqft |
Source: CBC Advisors #16158584 Report a problem | ||
| 9/2/2016 | Listed for sale | $1,212,000$236/sqft |
Source: CBC Advisors #16158584 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Leimert Park
Nearby schools
GreatSchools rating
- 6/10Forty-Second Street Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10Audubon Middle SchoolGrades: 6-8Distance: 0.2 mi
- 3/10Crenshaw Science, Technology, Engineering, Math And Medicine MagnetGrades: 9-12Distance: 1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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- California
- Los Angeles County
- Los Angeles
- 90008
- Leimert Park
- 4089 Leimert Blvd
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