4264 Leimert Blvd - Apartments FOR SALE


Los Angeles, CA 90008- Leimert Park
$1,849,000 USD
213-446-2494
4264 Leimert Blvd, Los Angeles, CA for Sale
$1,849,000 USD
Apartments - FOR SALE
1/11
null | 8.03% Cap Rate

4264 Leimert Blvd
Los Angeles, CA 90008
Leimert Park


HIGHLIGHTS

  • Large Apartments, High Ceilings
  • Blocks from METRO Station
  • In Leimert Park

OVERVIEW

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 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. 2005 renovated with new electrical, 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.

FOR SALE DETAILS

PRICE

$1,849,000 USD

PRICE/SF

$350 USD /SF

# OF UNITS

6

PRICE/UNIT

$308,167

CAP RATE

8.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,271 SF

ZONING

LAR3

APN/PARCEL ID

5023-007-021

ASK ABOUT THIS PROPERTY

Royce JeffersonWiggs & AssociatesMore Info
213-446-2494

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Royce JeffersonWiggs & AssociatesMore Info
213-446-2494

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