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!!!
Sold for $865,000
$865,000
4280 Leimert Blvd, Los Angeles, CA 90008
4beds
8baths
4,776sqft
Multi Family
Built in 1939
-- sqft lot
$853,700 Zestimate®
$181/sqft
$2,695 Estimated rent
Home value
$853,700
$768,000 - $948,000
$2,695/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Robert Flannigan DRE # 01271809 310-692-0409,
Estate Properties 310-577-5300
Bought with:
Robert Flannigan, DRE # 01271809
Estate Properties
Source: CLAW,MLS#: 25-490115
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 8
Heating
- Wall
Cooling
- None
Appliances
- Included: Disposal, Gas Water Heater
Features
- Flooring: Mixed
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,776
- Total interior livable area: 4,776 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: Two
Lot
- Size: 5,262 Square Feet
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family
Condition
- Updated/Remodeled
- Year built: 1939
Utilities & green energy
- Sewer: In Street
- Water: Public
Community & HOA
Community
- Security: Gated
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $1,742,670
- Date on market: 1/27/2025
- Total actual rent: 113160
- Tenant pays: Gas, Cable TV, Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $865,000-27.9%$181/sqft |
Source:  CLAW #25-490115 Report a problem | ||
| 3/2/2025 | Contingent | $1,200,000$251/sqft |
Source: CLAW #25-490115 Report a problem | ||
| 3/1/2025 | Listed for sale | $1,200,000$251/sqft |
Source: CLAW #25-490115 Report a problem | ||
| 2/14/2025 | Contingent | $1,200,000$251/sqft |
Source: CLAW #25-490115 Report a problem | ||
| 2/12/2025 | Price change | $1,200,000-25%$251/sqft |
Source: CLAW #25-490115 Report a problem | ||
| 2/5/2025 | Price change | $1,600,000-11.1%$335/sqft |
Source: CLAW #25-490115 Report a problem | ||
| 1/27/2025 | Listed for sale | $1,800,000$377/sqft |
Source: CLAW #25-490115 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Leimert Park
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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: 0.7 mi
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Estimated market value
$853,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$853,700
- California
- Los Angeles County
- Los Angeles
- 90008
- Leimert Park
- 4280 Leimert Blvd
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