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For sale
  • Est. $1,129,000

    4250 8th Ave, Los Angeles, CA 90008

    8beds
    4baths
    5,396sqft
    : 
    $7,589/mo
    Get pre-qualified
    Multi Family
    Built in 1928
    -- sqft lot
    $990,700 Zestimate®
    $209/sqft
    $-- HOA

    Overview

    Calling All Investors! Rare opportunity to acquire a fully occupied fourplex on a beautiful treelined Street, in one of Los Angeles' most established and steadily appreciating neighborhoods. This well-maintained income property features four spacious 2-bedroom, 1-bath residences, each exceeding 1,300+ square feet, a unit size rarely found in today's multifamily market and a significant advantage for long-term tenant retention. All Units with the original Hardwood floors. Full of irreplaceable Period Character. Three of the four units have been upgraded, and ownership has completed several important capital improvements, including updated plumbing, upgraded electrical panel, and updated windows. Each unit is separately metered, allowing for efficient utility management, and laundry in each unit provides an attractive amenity for residents. Situated on an R3-zoned lot (buyer to verify). Ideally located in the heart of Leimert Park, the property offers convenient access to neighborhood restaurants, shopping, parks, public transportation, the Metro K and E Lines, and the Crenshaw/LAX Transit Corridor, with easy access to Culver City, USC, Exposition Park, Downtown Los Angeles, and connectivity to major employment centers. Whether you're completing a 1031 exchange, expanding an existing multifamily portfolio, or seeking a long-term appreciation investment, this property offers a compelling combination of location, income, and future potential. Listing Agents have not viewed Interior of units. Please Do Not Disturb Tenants. Interior Shown with Accepted Offer Only. Prefer All CASH Offers. Call for Details.
    13 hours
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mathew Bahri DRE # 01035809 310-259-0506,

    Sotheby's International Realty 310-481-6262,

    Delia Michele Hooper DRE # 01180987 323-819-1639,

    Redfin

    Source: CLAW,MLS#: 26862873MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Wall
      Cooling
      • Ceiling Fan(s), Wall/Window Unit(s), Other
      Appliances
      • Included: Washer, Dryer
      • Laundry: In Unit
      Features
      • Ceiling Fan(s)
      • Flooring: Hardwood, Mixed
      Interior area
      • Total structure area: 5,396
      • Total interior livable area: 5,396 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Assigned
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5,501 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 5023015028
      • Zoning: LAR3
      • Special conditions: Notice Of Default,In Foreclosure

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Spanish
      • Property subtype: Multi Family
      Condition
      • Year built: 1928

      Utilities & green energy

      • Water: Public

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $209/sqft
      • Tax assessed value: $686,475
      • Annual tax amount: $8,976
      • Date on market: 7/24/2026
      • Tenant pays: Gas, Electricity, Trash Collection

        Foreclosure details

        Estimated market value

        $990,700

        $872,000 - $1.12M

        $2,769/mo

        Price history

        DateEventPrice
        1/23/2014Sold$560,000$104/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,976 +1.8%$686,475 +2%
        2024$8,816 +1.8%$673,015 +2%
        2023$8,660 +4.6%$659,819 +2%
        2022$8,280 +1.6%$646,882 +2%
        2021$8,150 -0.9%$634,199 +1%
        2020$8,224 $627,697 +2%
        2019$8,224 +5.4%$615,390 +2%
        2018$7,804 $603,324 +2%
        2017$7,804 +2.1%$591,495 +2%
        2016$7,645 +3%$579,898 +1.5%
        2015$7,419 +3.8%$571,188 +5.3%
        2014$7,148 $542,288 +2.5%
        2012-- $529,254 +2%
        2011-- $518,877 +0.8%
        2010-- $515,000 +465%
        2009-- $91,158 +2%
        2008-- $89,372 +2%
        2007-- $87,621 +2%
        2006-- $85,904
        2005-- $85,904 +4%
        2004-- $82,570 +1.9%
        2003-- $81,057 +2%
        2002-- $79,469 +4%
        2000-- $76,385
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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

        Getting around

        81 / 100
        Very Walkable
        54 / 100
        Good Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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