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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 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Susan Bianchi shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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

 

 

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