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4270 Leimert Blvd, Los Angeles, CA 90008
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4270 Leimert Blvd Los Angeles, CA 90008

$1,555,000 Sold Price as of 06/21/2021
  • 4 Beds
  • 8 Baths
  • 4,776 Sq.Ft.
Sold
$1,555,000 Sold Price as of 06/21/2021 Refinance Your Mortgage
Map preview of 4270 Leimert Blvd, Los Angeles, CA 90008

Property Overview: 4270 Leimert Blvd Los Angeles, CA has 4 bedrooms, 8 bathrooms, 4,776 living square feet and 5,264 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Subject property to be delivered with four vacancies, allowing prospective investors to capture market rent on 50% of the units. - Rental Upside - Subject property contains approximately 64% upside, as is. - Garage Parking -The subject property is in compliance with the City of Los Angeles parking retrofit ordinance. There are three doubles garages located in the back alley. All of which will be delivered vacant at the close of escrow. - Attractive Financing Available - Please contact listing agent for additional information.

Listed by William James | BRE #01734419 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Thomas Jonsson | BRE #01755842 | James Capital Advisors, Inc.
Last checked: 4 minutes ago | Last updated: May 10th, 2022 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
5,264
HOA Dues
$0/mo
Year built
1939
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21724402
City
Los Angeles
County
Los Angeles
Time on Site
1103 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,207
  • Total Rent: $4,831
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,225
  • Total Rent: $4,900
  • Pro Forma/Market Rent: $1,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.27
  • Gross Scheduled Income: --
  • Net Operating Income: $62,612
  • Gross Operating Income: $110,933
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4270 Leimert Blvd

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 8
  • Parcel Number: 5023007020
Location / Neighborhood
Location Information
  • Directions: 4270 LEIMERT BLVD, LOS ANGELES, CA 90008
View more facts & features

Local Los Angeles Agent

Sale History for 4270 Leimert Blvd

Last sold for $1,555,000 on June 21st, 2021

  • July, 2021

  • Jul 14, 2021

    Date

    Sold

    CRMLS: 21724402

    $1,555,000

    Price

  • May 24, 2021

    Date

    Active Under Contract

    CRMLS: 21724402

    $1,550,000

    Price

  • Apr 28, 2021

    Date

    Active

    CRMLS: 21724402

    $1,550,000

    Price

  • June, 2013

  • Jun 17, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4270 Leimert Blvd

Assessed Value (2020): $615,633
Year Land Value Improved Value Assessed Value
2020 $344,548 $271,085 $615,633

Home Value Compared to the Market

This property vs the competition

4270 Leimert Blvd sold on June 21, 2021 for 30.25% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $324.54 per/sqft which puts the price per square foot 57.01% lower than the current median sale per square foot for the city of Los Angeles.

About 4270 Leimert Blvd

Detailed summary of property

4270 Leimert Blvd is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 4 bedrooms, 8 bathrooms, roughly 4,776 living square feet, and sits on an approximately 5,264 square foot lot. 4270 Leimert Blvd was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,555,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 30.25% higher than the current median priced home. Local homes that are currently for sale include 2822 7th Ave, 2818 S Bronson Ave and 3877 Denker Ave. While the average home in Los Angeles, CA is selling in 92 days, 4270 Leimert Blvd has a days on market of 27 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 4270 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 4270 Leimert Blvd

Public county record property details
Beds
4
Baths
8
Year built
1939
Sq. Ft.
4,776
Lot Size
5,263
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
576
APN
5023-007-020

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%)

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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.

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