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Listed by Century 21 A Better Service, Carlos Munoz, Listing Contact: 562-231-2856

$1,199,900

4237 8th AVE, Los Angeles CA, 90008

Price per sqftN/A
Built in1929
Property typeMulti-family

Overview

Active

Listed Sep 28, 2026

Updated 8 days ago

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.

$7,983/mo

Est. mortgage payment based on a $1,199,900 home price.

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

Additional information

MLS® ID
CRDW26202192

Interior Features

Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Century 21 A Better Service, Carlos Munoz DRE:01408987,
Listing Contact: 562-231-2856 

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Data last updated 3:17 AM UTC, 9/29/2026

 

 

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