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4080 Leimert Boulevard

Los Angeles (City), CA 90008
  • $1,250,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: 24353421
UPDATED: 56 min ago
$1,250,000
  • 6
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,164
    SQFT
  • $578
    $/SQFT
Type:
Multi-Family
Built:
1944
County:

School Ratings & Info

Listing Agent(s): Cristina Warfield of Compass (310-437-7500)


Description

This Leimert Park triplex is a great opportunity for a building with near market rents and many improvements! The property's location near the new Crenshaw train line, public transportation, and local amenities like Leimert Park Village and Leimert Plaza Park make it an attractive investment opportunity, especially with its proximity to Downtown LA and USC. The recent updates include new flooring, fixtures, and kitchen upgrades, separate water heaters and meters. The grassy area in the back presents a wonderful opportunity for potential buyers to envision creating a private outdoor space for relaxation or gardening, adding even more value to the property. There is parking onsite, accessible from the alley or maybe an ADU, buyer to verify with City.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T15:32:37.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
www.housesforsalesocal.com/homes/147099754
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4080 Leimert Boulevard Los Angeles (City), CA 90008

  • Price: $1,250,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 56 min ago
  • ID#: 24353421
6
Beds
0
Baths
0
½ Baths
0.09
Acres
2,164
SQFT
$578
$/SQFT
1944
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
This Leimert Park triplex is a great opportunity for a building with near market rents and many improvements! The property's location near the new Crenshaw train line, public transportation, and local amenities like Leimert Park Village and Leimert Plaza Park make it an attractive investment opportunity, especially with its proximity to Downtown LA and USC. The recent updates include new flooring, fixtures, and kitchen upgrades, separate water heaters and meters. The grassy area in the back presents a wonderful opportunity for potential buyers to envision creating a private outdoor space for relaxation or gardening, adding even more value to the property. There is parking onsite, accessible from the alley or maybe an ADU, buyer to verify with City.
Exterior Features

Architectural Style Traditional Direction Faces North Entry Location Ground Level w/steps Foundation Details Raised Parking Features GatedSide By Side Parking Total 3 Roof CompositionShingle View YN Yes

Interior Features

Appliances Disposal Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetLaminate Heating Floor FurnaceNatural GasWall Furnace Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Additional Parcels YN No Association YN No Buyer Financing ConventionalFHAVA Cap Rate 5 Community Features Gated Disclosures Rent Control Exclusions Tenant Personal Property Gross Income 84000 Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 62130 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasWater Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-21T15:32:37.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Lori Thompson | Coldwell Banker Realty
19440 Goldenwest Street
Huntington Beach CA, 92648
Listing Agent(s): Cristina Warfield of Compass (310-437-7500)