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
$1,895,000
4089 Leimert Blvd, Los Angeles, CA 90008
8beds
8baths
5,134sqft
Multi Family
Built in 1940
-- sqft lot
$1,828,700 Zestimate®
$369/sqft
$-- HOA
What's special
- 22 hours
- 31
- 1
Zillow last checked:
Listing updated:
Listed by:
Kaela Whelan DRE # 01965737 310-526-1259,
Compass 310-437-7500
Source: CLAW,MLS#: 26756773
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: 9/3/2026
Estimated market value
$1,828,700
$1.74M - $1.92M
$3,095/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $1,895,000$369/sqft |
Source: | ||
| 7/21/2026 | Listing removed | $1,895,000$369/sqft |
Source: | ||
| 6/11/2026 | Price change | $1,895,000-5%$369/sqft |
Source: | ||
| 5/4/2026 | Price change | $1,995,000-3.9%$389/sqft |
Source: | ||
| 4/20/2026 | Listed for sale | $2,075,000+9.5%$404/sqft |
Source: | ||
| 7/27/2023 | Listing removed | -- |
Source: | ||
| 4/29/2023 | Listed for sale | $1,895,000-5%$369/sqft |
Source: | ||
| 4/19/2023 | Listing removed | -- |
Source: | ||
| 1/18/2023 | Listed for sale | $1,995,000-1.5%$389/sqft |
Source: | ||
| 12/12/2022 | Listing removed | -- |
Source: | ||
| 9/17/2022 | Price change | $2,025,000-2.4%$394/sqft |
Source: | ||
| 8/12/2022 | Listed for sale | $2,075,000-1.1%$404/sqft |
Source: | ||
| 8/1/2022 | Listing removed | -- |
Source: | ||
| 6/29/2022 | Listed for sale | $2,099,000-4.5%$409/sqft |
Source: | ||
| 4/29/2022 | Contingent | $2,199,000$428/sqft |
Source: | ||
| 2/28/2022 | Price change | $2,199,000-2.2%$428/sqft |
Source: | ||
| 2/3/2022 | Listed for sale | $2,249,000+27.4%$438/sqft |
Source: | ||
| 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: | ||
| 9/19/2016 | 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Leimert Park
Local buyer's agents are ready to help





