Listing provided courtesy of Kaela Whelan of Compass. Last updated 2026-05-06 08:14:23.000000. Listing information © 2026 CRMLS.
Asking Price: $1,995,000
4089 Leimert, Los Angeles CA 90008
Community: PHHT - Park Hills Heights
Status: Active
This property was built in 1940 and is priced at $1,995,000. Please see the additional details below.
Well-maintained 8-unit multifamily property in the heart of Leimert Park, one of LA's most vibrant and evolving neighborhoods. The property offers a strong 6.2% cap rate with solid in-place income and clear upside potential. The property features five renovated units with updated interiors, providing immediate rental premiums, while three units remain in classic condition, presenting a clear value-add opportunity for increased rents and long-term growth. Located just moments from Leimert Park Village, the Metro K Line, and major employment hubs including Downtown LA, Culver City, and USC. The area continues to see strong rental demand and ongoing neighborhood investment. The property also includes four garages (two 2-car and two 1-car), which can be delivered vacant. These offer flexibility for additional income or excellent ADU potential. Ideal for investors looking for a balance of current cash flow and long-term growth in a central Los Angeles location.




























