4237 8th Avenue Los Angeles, CA 90008
Listing Courtesy of: MLS LogoSan Diego, CA MLS / Listed By: Century 21 A Better Service

  4237 8th Avenue Los Angeles, CA 90008

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$1,199,900 (USD)
4
BED
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Description

Rare 6-unit Spanish-style courtyard building in Leimert Park. Nearly 85% rent upside, current gross income $84,516/yr vs. $156,000/yr at market. One 2BD/1BA unit will be delivered with no tenant in place at close. Updated electrical panels, copper plumbing, several units renovated with granite counters and new flooring. 4 detached garages, 2 available for the next owner to lease separately. Owned coin laundry on-site. Cap rate approximately 5.1% in-place, approximately 11.1% at full market rents. Walking distance to Leimert Park Village. Subject to LA Rent Stabilization Ordinance; buyer to verify all aspects of the property.

MLS #:
DW26202192
Lot Size
6,329 SQFT
Type
Multifamily
County
Los Angeles County

Listed By

Carlos Munoz, Century 21 A Better Service
Source
San Diego, CA MLS
Last checked Sep 27 2026 at 5:00 AM GMT+0000
Bathroom Details
Heating and Cooling
  • N/K
Stories
  • 2 Story
Location
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