Search
4080 Leimert Blvd, Los Angeles, CA 90008
Image 2 for 4080 Leimert Blvd, Los Angeles, CA 90008
Image 3 for 4080 Leimert Blvd, Los Angeles, CA 90008
View Photos

4080 Leimert Blvd Los Angeles, CA 90008

$1,265,000
  • 6 Beds
  • 3 Baths
  • 2,164 Sq.Ft.
For Sale
$1,265,000 Get Pre-Qualified
Map preview of 4080 Leimert Blvd, Los Angeles, CA 90008

Property Overview: 4080 Leimert Blvd Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,164 living square feet and 4,125 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This Leimert Park triplex is a great opportunity for a building on an R-3 lot that backs to an alley. One unit will be delivered vacant, and the other two units have had recent 4% increase that is refelected in the rent rolls. The sellers have made many improvements, list upon request. The property's location near the new Crenshaw train line, public transportation, and local amenities like Leimert Park Village and Leimert Plaza Park make it an attractive location for an owner to live in one unit and collect rents from the other two units, or a fantastic investment opportunity, especially with its proximity to Downtown LA and USC. The recent updates include new flooring, fixtures, and kitchen upgrades, separate water heaters and meters. The grassy area in the back presents a wonderful opportunity for potential buyers to envision creating a private outdoor space for relaxation or gardening, adding even more value to the property. There is parking onsite, accessible from the alley or maybe an ADU, buyer to verify with City.

Listed by Cristina Warfield | BRE #01823970 | Compass
Last checked: 12 minutes ago | Last updated: May 14th, 2024 | Source CRMLS | DOM: 45
Get a $4,744 Cash Reward New

Buy this home with Ardent Real Estate Group and get $4,744 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
4,125
HOA Dues
$0/mo
Year built
1944
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24353421
City
Los Angeles
County
Los Angeles
Time on Site
111 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,074
  • Total Rent: $2,074
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,028
  • Total Rent: $2,028
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,074
  • Total Rent: $2,074
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.4%
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: --
  • Net Operating Income: $68,186
  • Gross Operating Income: $76,083
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4080 Leimert Blvd

No upcoming open houses

Schedule Tour

Property Details for 4080 Leimert Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace, Natural Gas, Wall Furnace
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
  • Living Room
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Gated, Side by Side
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • Total # of Units: 3
  • Parcel Number: 5023005021
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Raised
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Leimert and Martin Luther King Jr
View more facts & features

Local Los Angeles Agent

Sale History for 4080 Leimert Blvd

Last sold for $1,035,000 on April 15th, 2020

  • January, 2024

  • Jan 28, 2024

    Date

    Active

    CRMLS: 24353421

    $1,250,000

    Price

  • April, 2020

  • Apr 16, 2020

    Date

    Sold

    CRMLS: 19523664

    $1,035,000

    Price

  • Mar 3, 2020

    Date

    Active Under Contract

    CRMLS: 19523664

    $1,035,000

    Price

  • Jan 5, 2020

    Date

    Active

    CRMLS: 19523664

    $1,035,000

    Price

  • Dec 11, 2019

    Date

    Price Change

    CRMLS: 19523664

    $1,035,000

    Price

  • Oct 24, 2019

    Date

    Active

    CRMLS: 19523664

    $985,000

    Price

  • Listing provided courtesy of CRMLS

    Leimert Park Triplex Back on market Buyer was a 1031 exchange and did not perform - appraised at list price. Both vacant units recently update; Unit 1 has been recently painted, new carpet, new faucet fixtures and lights. Unit 2 is an upstairs unit recently painted, new laminate flooring, new faucet fixtures and lights, new tile floors in the kitchen and bathroom, new cabinets and quartz counter tops in the kitchen, new shower tile, vanity and countertop. The property has 3 separate water heaters and all separate meters, automatic sprinklers to service the landscaping in the front and side yards. There is a grassy area in the back that is large enough to design and convert to private sitting area to lounge, grill, and relax or even garden. Gated parking off of the alley in back for 3 cars. Near the new Crenshaw train line and public buses, walk to Leimert Park Village and Leimert Plaza Park to enjoy events and entertainment like the monthly art walk. Near DTLA and USC.

  • April, 2020

  • Apr 15, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,035,000

    Price

  • June, 2018

  • Jun 27, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2018

  • Jun 22, 2018

    Date

    Sold

    CRMLS: 18305364

    $744,000

    Price

  • May 18, 2018

    Date

    Active Under Contract

    CRMLS: 18305364

    $750,000

    Price

  • Apr 14, 2018

    Date

    Active

    CRMLS: 18305364

    $750,000

    Price

  • Apr 14, 2018

    Date

    Expired

    CRMLS: 18305364

    $750,000

    Price

  • Apr 4, 2018

    Date

    Active

    CRMLS: 18305364

    $750,000

    Price

  • Mar 28, 2018

    Date

    Active Under Contract

    CRMLS: 18305364

    $750,000

    Price

  • Mar 25, 2018

    Date

    Active

    CRMLS: 18305364

    $750,000

    Price

  • Feb 6, 2018

    Date

    Active Under Contract

    CRMLS: 18305364

    $750,000

    Price

  • Jan 20, 2018

    Date

    Active

    CRMLS: 18305364

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Wonderful investment opportunity in the heart of Leimert Park. There are 3 units in the building, each one is a spacious 2 bedroom/1 bath.The rents are $1500, $1245 and $1225 per month. All the units are occupied with Section 8 tenants who have month to month leases. Each tenant pays their own utilities and has one gated parking space per unit, but there is plenty of street parking.

Show More

Tax History for 4080 Leimert Blvd

Assessed Value (2020): $774,057
Year Land Value Improved Value Assessed Value
2020 $613,836 $160,221 $774,057

Home Value Compared to the Market

This property vs the competition

4080 Leimert Blvd is listed 1.2% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $584.57 per/sqft which puts the price per square foot 25.06% lower than the median price per square foot for the city of Los Angeles.

About 4080 Leimert Blvd

Detailed summary of property

4080 Leimert Blvd is a multi family located in Los Angeles, CA 90008 and is currently for sale. This multi family property offers 6 bedrooms, 3 bathrooms, roughly 2,164 living square feet, and sits on an approximately 4,125 square foot lot. 4080 Leimert Blvd was first listed on ArdentRealEstateGroup.com on January 31, 2024. The homeowner is currently asking $1,265,000 and was originally asking $1,250,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 1.2% higher than the median priced home. Local competing homes currently for sale include 3714 S St Andrews Pl, 2609 W 30th St and 3815 Don Tomaso Dr. While the average home in Los Angeles, CA is selling in 93 days, 4080 Leimert Blvd has a days on market of 45 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 4080 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 4080 Leimert Blvd

Public county record property details
Beds
6
Baths
3
Year built
1944
Sq. Ft.
2,164
Lot Size
4,124
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
612
APN
5023-005-021

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
$1,489,000
Median List Price/Sq.Ft.
$730
Median Sold Price
$1,275,000
Median Sold Price/Sq.Ft.
$662
Total Inventory
51
Median Sale to List Price %
91.79%
Avg Days on Market
62
Loan Type
Conventional (30.77%), FHA (0%), VA (0%), Cash (30.77%), Other (15.38%)

Tour This Home

Buy with Ardent Real Estate Group and save $4,744.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $4,744 Cash Reward New

Buy this home with Ardent Real Estate Group and get $4,744 back.

Call/Text (714) 706-1823

Homes for Sale Near 4080 Leimert Blvd

Nearby Homes for Sale

4136 Leimert Blvd, Los Angeles, CA 90008
$1,350,000
8 Beds
4 Baths
3357 Sq.Ft.
4136 Leimert Blvd
Los Angeles, CA 90008
2722 W 43rd Pl, Los Angeles, CA 90008
$1,049,000
4 Beds
2 Baths
3008 Sq.Ft.
2722 W 43rd Pl
Los Angeles, CA 90008
3968 Arlington Ave, Los Angeles, CA 90008
$1,150,000
5 Beds
4 Baths
2720 Sq.Ft.
3968 Arlington Ave
Los Angeles, CA 90008
2219 Obama Blvd, Los Angeles, CA 90018
$1,150,000
20 Beds
10 Baths
3024 Sq.Ft.
2219 Obama Blvd
Los Angeles, CA 90018
1901 W Martin Luther King Jr Blvd, Los Angeles, CA 90062
$1,425,000
45 Beds
0 Baths
5602 Sq.Ft.
1901 W Martin Luther King Jr Blvd
Los Angeles, CA 90062
4707 Crenshaw Blvd, Los Angeles, CA 90043
$1,100,000
3 Beds
3 Baths
3008 Sq.Ft.
4707 Crenshaw Blvd
Los Angeles, CA 90043
4351 S Western Ave, Los Angeles, CA 90062
$1,495,000
7 Beds
6 Baths
7615 Sq.Ft.
4351 S Western Ave
Los Angeles, CA 90062
2216 W Jefferson Blvd, Los Angeles, CA 90018
$1,290,000
4 Beds
7 Baths
5264 Sq.Ft.
2216 W Jefferson Blvd
Los Angeles, CA 90018

Recently Sold Homes Near 4080 Leimert Blvd

4071 Leimert Blvd, Los Angeles, CA 90008
$750,000 Last Sold Price
6 Beds
4 Baths
2695 Sq.Ft.
4071 Leimert Blvd
Los Angeles, CA 90008
2834 W Martin Luther King Jr Blvd, Los Angeles, CA 90008
$925,000 Last Sold Price
5 Beds
3 Baths
3464 Sq.Ft.
2834 W Martin Luther King Jr Blvd
Los Angeles, CA 90008
4068 Creed Ave, Los Angeles, CA 90008
$860,000 Last Sold Price
5 Beds
3 Baths
1862 Sq.Ft.
4068 Creed Ave
Los Angeles, CA 90008
4145 Garthwaite Ave, Los Angeles, CA 90008
$3,600,000 Last Sold Price
16 Beds
16 Baths
5498 Sq.Ft.
4145 Garthwaite Ave
Los Angeles, CA 90008

Related Resources to 4080 Leimert Blvd

New Listings in 90008
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call