4172-4180 Leimert blvd - Apartments FOR SALE


Los Angeles, CA 90008- Leimert Park
$2,900,000 USD
707-225-2402
4172-4180 Leimert blvd, Los Angeles, CA for Sale
$2,900,000 USD
Apartments - FOR SALE
1/9
null | 6.85% Cap Rate

4172-4180 Leimert blvd
Los Angeles, CA 90008
Leimert Park


HIGHLIGHTS

  • Spanish-Style Charm
  • Excellent In-Place Income
  • Near the Crenshaw Corridor and Leimert Park
  • Located in Highly Desirable South LA Submarket

OVERVIEW

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 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.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$257 USD /SF

# OF UNITS

16

PRICE/UNIT

$181,250

CAP RATE

6.85%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

LAR3

APN/PARCEL ID

5023-006-018,5023-006-019

ASK ABOUT THIS PROPERTY

Jonathan WeirWeir Group with Marcus and Millichap.More Info
707-225-2402

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Jonathan WeirWeir Group with Marcus and Millichap.More Info
707-225-2402

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.