Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
8 Beds
8 Baths
5,134 sqft

$1,895,000

4089 Leimert Boulevard, Los Angeles CA, 90008

Price per sqft$369.11
Built in1940
Property size5,134 sqft
Property typeResidential
Listed by Kaela Whelan CA DRE# 01965737 with Compass 310-526-1259

Overview

Active

Listed Apr 20, 2026

Updated 2 weeks ago

Well-maintained 8-unit multifamily property in the heart of Leimert Park, one of LA's most vibrant and evolving neighborhoods. The property offers a strong 6.5% cap rate with solid in-place income and clear upside potential. The property features five renovated units with updated interiors, providing immediate rental premiums, while three units remain in classic condition, presenting a clear value-add opportunity for increased rents and long-term growth. Located just moments from Leimert Park Village, the Metro K Line, and major employment hubs including Downtown LA, Culver City, and USC. The area continues to see strong rental demand and ongoing neighborhood investment. The property also includes four garages (two 2-car and two 1-car), which can be delivered vacant. These offer flexibility for additional income or excellent ADU potential. Ideal for investors looking for a balance of current cash flow and long-term growth in a central Los Angeles location.

$12,607/mo

Est. mortgage payment based on a $1,895,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26756773

Interior Features

Bedrooms
8
Bathrooms
8
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Maintenance Expense
$2,750
Garage
Yes
55+/Senior Community
No

Also listed on CLAW

MLS provider logo

Listed by Kaela Whelan CA DRE# 01965737 with Compass 310-526-1259

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/4/2026. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/4/2026 at 7:32 AM UTC Last Checked: 7:32 AM UTC

 

 

Powered by Luxury Presence