4071 Leimert Blvd, Los Angeles, CA 90008
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4071 Leimert Blvd Los Angeles, CA 90008

$750,000 Sold Price as of 12/12/2019
  • 6 Beds
  • 4 Baths
  • 2,695 Sq.Ft.
Sold
$750,000 Sold Price as of 12/12/2019 Refinance Your Mortgage

Map preview of 4071 Leimert Blvd, Los Angeles, CA 90008

Property Overview: 4071 Leimert Blvd Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,695 living square feet and 4,023 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent 4 Unit/Quadruplex Investment Opportunity in the heart of beautiful Leimert Park Area of LA! The Property consists of 4 units total (two story town home style type units), with Two (2) 2 bedrooms/1 bathroom units and Two (2) 1 bedroom/1 bathroom units. The Property also features a detached coin laundry room for tenant access and convenience as well as supplemental monthly owner income. Each unit also has its own designated 1 car garage at rear of property (4 garages total). Plenty of walkways throughout property, with front and rear ingress/egress access for occupants and tenants. Centrally located and near LA's major attractions/most in demand rental areas (USC Campus, Coliseum, Leimert Park Village, etc.), this is the perfect opportunity for the savvy real estate investor. Call and book your private showing today!

Listed by Martha Neri | BRE #01212625 | Berkshire Hathaway HomeService
Co-listed by William Neri | BRE #01862347 | Berkshire Hathaway HomeService
Last checked: 32 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
4,023
HOA Dues
$0/mo
Year built
1940
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
RS19226407
City
Los Angeles
County
Los Angeles
Time on Site
1270 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,262
  • Total Rent: $1,262
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $848
  • Total Rent: $848
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,520
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 4071 Leimert Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5023003017
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From the 10 Freeway exit left on Arlington, right on Martin Luther King Jr, left on Leimert Blvd
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 4071 Leimert Blvd

Last sold for $750,000 on December 12th, 2019
  • December, 2019

  • Dec 13, 2019

    Date

    Sold

    CRMLS: RS19226407

    $750,000

    Price

  • Dec 2, 2019

    Date

    Pending

    CRMLS: RS19226407

    $749,900

    Price

  • Nov 30, 2019

    Date

    Sold

    CRMLS: RS19226407

    $750,000

    Price

  • Nov 18, 2019

    Date

    Pending

    CRMLS: RS19226407

    $749,900

    Price

  • Oct 22, 2019

    Date

    Active Under Contract

    CRMLS: RS19226407

    $749,900

    Price

  • Oct 15, 2019

    Date

    Active

    CRMLS: RS19226407

    $749,900

    Price

  • Oct 12, 2019

    Date

    Active Under Contract

    CRMLS: RS19226407

    $749,900

    Price

  • Oct 7, 2019

    Date

    Active

    CRMLS: RS19226407

    $749,900

    Price

  • Oct 3, 2019

    Date

    Active Under Contract

    CRMLS: RS19226407

    $749,900

    Price

  • Sep 25, 2019

    Date

    Active

    CRMLS: RS19226407

    $749,900

    Price

  • December, 2019

  • Dec 12, 2019

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • January, 2003

  • Jan 17, 2003

    Date

    Sold (Public Records)

    Public Records

    $385,000

    Price

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Tax History for 4071 Leimert Blvd

Assessed Value (2020): $750,000
Year Land Value Improved Value Assessed Value
2020 $525,000 $225,000 $750,000

Home Value Compared to the Market

This property vs the competition

4071 Leimert Blvd sold on December 12, 2019 for 41.14% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $278.26 per/sqft which puts the price per square foot 64.82% lower than the current median sale per square foot for the city of Los Angeles.

About 4071 Leimert Blvd

Detailed summary of property

4071 Leimert Blvd is a fourplex that recently sold in Los Angeles, CA 90008. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 2,695 living square feet, and sits on an approximately 4,023 square foot lot. 4071 Leimert Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $750,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 41.14% lower than the current median priced home. Local homes that are currently for sale include 5739 S St. Andrews Pl, 1632 W 52nd St and 5847 S Wilton Pl. While the average home in Los Angeles, CA is selling in 100 days, 4071 Leimert Blvd has a days on market of 23 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 4071 Leimert Blvd Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4071 Leimert Blvd

Public county record property details
Beds
5
Baths
4
Year built
1940
Sq. Ft.
2,695
Lot Size
4,028
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
600,601
APN
5023-003-017

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,349,000
Median List Price/Sq.Ft.
$719
Median Sold Price
$1,145,000
Median Sold Price/Sq.Ft.
$591
Total Inventory
51
Median Sale to List Price %
99.57%
Avg Days on Market
29
Loan Type
Conventional (29.41%), FHA (0%), VA (5.88%), Cash (11.76%), Other (11.76%)

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Related Resources to 4071 Leimert Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. 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, 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.