About 4237 8th Avenue
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.
Features of 4237 8th Avenue
| MLS® # | DW26202192 |
|---|---|
| Price | $1,199,900 |
| Bedrooms | 8 |
| Bathrooms | 6.00 |
| Lot Size | 6,328 |
| Year Built | 1929 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Style | Spanish |
| Status | Active |
| # Of Units | 6 |
Community Information
| Address | 4237 8th Avenue |
|---|---|
| Area | PHHT - Park Hills Heights |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90008 |
Amenities
| Utilities | Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 4 |
| # of Garages | 2 |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Cooling | None |
|---|---|
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Stucco |
|---|---|
| Lot Description | ZeroToOneUnitAcre |
| Roof | Flat, Flat Tile, Mixed |
| Construction | Stucco |
| Foundation | Raised |
Additional Information
| Date Listed | September 24th, 2026 |
|---|---|
| Days on Market | 15 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Carlos Munoz |
|---|---|
| Office | Century 21 A Better Service |