Property listed by Wiggs & Associates, Royce Jefferson 213-924-0259
$1,849,000
Charming Spanish Revival 6-Unit Apartment building in prime Leimert Park, offers a rare investment opportunity in one of Los Angeles' most culturally vibrant neighborhoods. Located at 4264-4268 1/2 Leimert Blvd, this two-story property boasts timeless architectural character and strong rental potential. This meticulously maintained building features: Four spacious 1-bedroom units… Read More two generous 2-bedroom units authentic hardwood floors throughout high ceilings that enhance natural light, faux fireplaces, and openness beautiful stucco exterior and period details classic charm blended with solid construction. The property's architectural style reflects the rich heritage of the area, with arched accents and vintage touches that appeal to tenants seeking character and comfort. Surrounded by tree-lined oak streets. New copper pipes, new drain lines, new tile bathrooms. What an amazing neighborhood! Full of history and character, and warm neighbors that greet you as they walk their dogs. The neighborhood thrives with vibrant small businesses; here, you're just one block from the heart of Leimert Park Village, featuring favorites like Harun Coffee, Hot and Cool Cafe, Azla, All Chill ice cream, & more. Enjoy weekend live music at the Marketplace. Or special events like the Leimert Park Jazz Festival. Just blocks away, access the mall: movie theater, amazing restaurants and weekend farmer's market. And the metro station will provide access to the airport and USC, enjoy businesses like Hilltop Coffee, Jon & Vinny's/Helen's Wines, Orleans & York, Simply Wholesome, Puerto Nuevo & more! Have fun on the 13 mile Park to Playa bike trail (from the Baldwin Hills Parklands to the Pacific Ocean!) or explore the 400 acre Kenneth Hahn Park, with bonus 360 degree views of LA. All this amongst historic beauty, in a cozy neighborhood pocket just 20 min from DTLA, 15 min from Culver City, and 20 from the beach! This home feels like a warm and welcoming carefully curated work of livable art. Whether you're an owner-user one 2 bedroom unit delivered vacant!, investor, or 1031 exchange buyer, this income-producing gem is a standout addition to any portfolio. Future ADU developments off the alley. Gross estimated rent is $12,374 per month. Do not disturb tenants. Read Less
Listing Snapshot
Days Online
38
Last Updated
Property Type
Other
Beds
8
Square Ft.
5,284
Lot Size
0.12 Acres
Year Built
1930
MLS Number
25518583
30 Days Snapshot Of 90008
$1.35M
-1%
(avg) sold price
6
-50%
homes sold
77
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Disposal, Range
Building
Built in 1930, Building area total: 5,284, Levels: Two, Living area: 5284, 2 stories, 1 building, Architectural style: Spanish, Construction materials: Stucco
Cooling
None
Accessibility Features
Accessibility features: None
Expenses
Electric expense: $816, Gardener expense: $900, Insurance expense: $5,800, Trash expense: $3,456, Water sewer expense: $3,582
Floors
Wood
Heating
Gravity
Income
Gross income: $15,732, Net operating income: $147,740
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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