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$1,199,900
New Listing
4237 8th AvenueLos Angeles, CA 90008
Apartment|Coming Soon
0
Beds
0
Total Baths
4,936
SqFt
$243
/SqFt
1929
Built
County:
Los Angeles
Listed by Carlos Munoz of Century 21 A Better Service servingla@outlook.com
Call Now: 951-501-1309
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951-501-1309
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Rare 6-unit Spanish-style courtyard building in Leimert Park. Nearly 85% rent upside, current gross income $84,516/yr vs. $156,000/yr at market. One 2BD/1BA unit will be delivered with no tenant in place at close. 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 Leimert Park Village. Subject to LA Rent Stabilization Ordinance; buyer to verify all aspects of the property.
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Listing Snapshot
Price
$1,199,900
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
4,936 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1453 Acres
Year Built
1929
MLS® Number
DW26202192
Status
Coming Soon
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 hours ago | Listing first seen on site | |
| 11 hours ago | Listing updated with changes from the MLS® |
General Features
Acres
0.1453
Carport
2
Disclosures
RentControl
Foundation
Raised
Garage
Yes
Garage Spaces
2
Land Lease
No
Levels
Two
Number Of Stories
2
Parking Spaces
4
Property Sub Type
Apartment
Security
Closed Circuit Camera(s)
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
4936
Style
Spanish
Utilities
Natural Gas ConnectedSewer ConnectedWater Connected
Water Source
Public
Interior Features
Fireplace Features
None
Laundry Features
Common Area
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Exterior Features
Construction Details
Stucco
Fencing
Chain LinkWrought Iron
Other Structures
Second Garage
Pool Features
None
Roof
FlatFlat TileMixed
View
None
Waterview
None
Community Features
Community Features
Sidewalks
MLS Area
PHHT - Park Hills Heights
Financing Terms Available
1031 Exchange
Building Access
front
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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