, Los Angeles, CA 90008

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Property Description

We are pleased to present this 4 Unit multifamily investment in the desirable rental area of Leimert Park. This building offers four 2-bedroom 1 bath units boasting 1,349 square feet of living space. The structure was built in 1928 of wood-frame stucco construction with stylish Spanish Colonial architecture. The units have a total of 5,396 square feet and are situated on a 5,501 square foot lot, which is zoned LAR3. Currently the total monthly income is $6,271 per month, leaving a new Owner plenty of upside in the rents upon turnover. The building is fully occupied, and no units will be delivered vacant. Please make all offers subject to inspection and submit proof of funds and DU approval with all offers. Please do not disturb tenants.


Interior Features

Bedroom Information
Bedrooms 8
Bathroom Information
Bathrooms 4
Interior Information
Features Ceiling Fan(s)
Cooling Type Wall/Window Unit(s)

Listing Information

City Los Angeles
State CA
Zip 90008
County Los Angeles
Listing Agent Jerome McAlpin DRE #00939725
Courtesy Of McAlpin & Company
List Price $1,400,000
Status Active
Type Residential Income
Structure Size 5,396
Lot Size 5,501
Year Built 1928

Listing information courtesy of: Jerome McAlpin, McAlpin & Company. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 22nd, 2024 at 2:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.