Property listed by Marcus & Millichap, 424-405-3900
$2,815,000
We are pleased to present 4172 & 4180 Leimert Boulevard in Los Angeles, CA, a 16-unit Spanish-style apartment property offering strong in-place income and immediate cash flow. The asset consists entirely of one-bedroom, one-bathroom units and features a beautiful central courtyard. Recent capital improvements include plumbing upgrades (2021), an expansion… Read More tank upgrade (2022), and new water heaters (2022), providing a solid operational foundation. Located in the highly desirable Baldwin Village / South Los Angeles submarket near the Crenshaw Corridor and Leimert Park, the property benefits from ongoing cultural revitalization, transit accessibility, and strong rental demand making it an ideal opportunity for investors seeking value-add potential in a growing market. For more information, please reach out. Read Less
Listing Snapshot
Days Online
63
Last Updated
Beds
16
Square Ft.
11,280
Lot Size
0.29 Acres
Year Built
1935
MLS Number
26633981
Additional Details
Appliances & Equipment
Disposal, Refrigerator
Building
Built in 1935, Living area: 11280.0, 2 buildings, 2 stories, Levels: Two
Cooling
None
Heating
WallFurnace
Income
Gross Income: $311,140, Net Operating Income: $197,215
Lot
0.291 acres
Parking
None
Taxes
Parcel Number: 5023006019, Zoning: LAR3
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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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