4237 8th AvenueLos Angeles, CA 90008




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Enter an interest rate to see your estimated monthly payment.Rare 6-unit Spanish-style building in one of LA's most historic neighborhoods - Leimert Park. Nearly 85% rent upside, current gross income $84,516/yr vs. $156,000/yr at market. One 2BD/1BA unit is currently not occupied and available to live in and / or rent. 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 the vibrant Leimert Park Village. Don't miss out.
| 2 weeks ago | Status changed to Active | |
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Listing first seen on site |
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