About 4089 Leimert Boulevard
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.
Features of 4089 Leimert Boulevard
| MLS® # | 26756773 |
|---|---|
| Price | $1,995,000 |
| Bedrooms | 8 |
| Bathrooms | 8.00 |
| Square Footage | 5,134 |
| Lot Size | 6,188 |
| Year Built | 1940 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 8 |
Community Information
| Address | 4089 Leimert Boulevard |
|---|---|
| Area | PHHT - Park Hills Heights |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90008 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Door-Multi, Door-Single, Garage |
| Garages | Door-Multi, Door-Single, Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Disposal, Refrigerator |
|---|---|
| Heating | Wall Furnace |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | April 20th, 2026 |
|---|---|
| Days on Market | 26 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Kaela Whelan |
|---|---|
| Office | Compass |