$1,750,000
For Sale

4164 Leimert Boulevard

Los Angeles, CA 90008
5908 sqft | 8 beds | 0.12 acres | #24472681
Listing OfficeMcAlpin & Company
Type:Multi-Family
Structure:House
Zone:Commercial

Description

We are pleased to present this 8 Unit apartment complex for sale. It is located in Leimert Park, a popular submarket in Los Angeles. The building consists of all one bedroom - one bath units and contains 5,908 square feet. It is situated on a 6,316 square foot lot, which is zoned LAR3. The investment is currently producing $12,198 per month and there is still plenty of upside in the rents. The GRM is 11.9 with a 5.05 CAP rate and the Market GRM is 8.29 with an 8.65 Market CAP. The complex was built in 1933, with wood-frame, stucco construction and beautiful Spanish architecture. This is an excellent opportunity to invest in a highly sought after location with lots of potential. Please make all offers subject to inspection.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,750,000
      • MLS #24472681
      • MLS #24472681
      • Cost1750000
      • Acres0.1212
      • Square Feet5908
      • Year Built1933
      • Bedrooms8
      • Stories2

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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