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4308 Leimert Blvd, Los Angeles, CA 90008
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4308 Leimert Blvd Los Angeles, CA 90008

$1,850,000 Sold Price as of 09/04/2024
  • 20 Beds
  • 10 Baths
  • 3,124 Sq.Ft.
Sold
$1,850,000 Sold Price as of 09/04/2024 Refinance Your Mortgage
Map preview of 4308 Leimert Blvd, Los Angeles, CA 90008

Property Overview: 4308 Leimert Blvd Los Angeles, CA has 20 bedrooms, 10 bathrooms, 3,124 living square feet and 5,159 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property was sold off market, and entered in TheMLS for comps purposes only.

Listed by Amrot "Yame" Gizaw-Tulu | BRE #01425649 | NextHome Equity
Last checked: 9 minutes ago | Last updated: September 20th, 2024 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
5,159
HOA Dues
$0/mo
Year built
1944
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24442445
City
Los Angeles
County
Los Angeles
Time on Site
1 hour
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,457
  • Total Rent: $2,457
  • Pro Forma/Market Rent: $2,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $105,904
  • Gross Operating Income: $124,404
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4308 Leimert Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 6
  • Parcel Number: 5023008016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: On Leimert Blvd between 11th Ave and Stocker Street
View more facts & features

Local Los Angeles Agent

Sale History for 4308 Leimert Blvd

Last sold for $1,850,000 on September 4th, 2024

  • September, 2024

  • Sep 4, 2024

    Date

    Sold

    CRMLS: 24442445

    $1,850,000

    Price

  • Apr 23, 2024

    Date

    Active

    CRMLS: 24442445

    $1,850,000

    Price

  • December, 2020

  • Dec 19, 2020

    Date

    Canceled

    CRMLS: SR20227202

    $1,400,000

    Price

  • Oct 28, 2020

    Date

    Active

    CRMLS: SR20227202

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    A rare and highly sought after turn key 4 units in the heart of Liemert Park, Liemert Park has a long history of heritage, culture and family values. First time in 28 years on the market, with brand new copper plumbing and new drainage plumbing system, new roof, 3 units totally remodeled, with new kitchen cabinets, bathroom sinks and vanities, easy manageable units, each unit is a 2 bedroom and 1 bathroom, approximately 800 sq ft. This 4 unit property considered a residential fourplex easily financeable property compared to commercial multifamily which requires 40% to 50% down payment, easily within range of Fannie Freddie and FHA loan limits. Owner users can live in one unit and have a monthly consistent rental income. The income produced from this property is approximately $6,020.00 combined with income from Laundry. Accepted offer to see all units please, seller would like to have the buyer cross qualify with lender of choice. Property Is sold as is. Buyer to verify all relevant information in this transaction within the time frame specified in purchase contract. Do-Not-Disturb-Tenants-Please.

  • December, 1993

  • Dec 6, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4308 Leimert Blvd

Assessed Value (2020): $429,026
Year Land Value Improved Value Assessed Value
2020 $190,260 $238,766 $429,026

Home Value Compared to the Market

This property vs the competition

4308 Leimert Blvd sold on September 4, 2024 for 65.18% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $592.19 per/sqft which puts the price per square foot 18.21% lower than the current median sale per square foot for the city of Los Angeles.

About 4308 Leimert Blvd

Detailed summary of property

4308 Leimert Blvd is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 20 bedrooms, 10 bathrooms, roughly 3,124 living square feet, and sits on an approximately 5,159 square foot lot. 4308 Leimert Blvd was first listed on ArdentRealEstateGroup.com on September 20, 2024. The homeowner sold the property for $1,850,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 65.18% higher than the current median priced home. Local homes that are currently for sale include 6607 Brynhurst Ave, 3325 W Adams Blvd and 4801 S Normandie Ave. While the average home in Los Angeles, CA is selling in 106 days, 4308 Leimert Blvd has a days on market of 6 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 4308 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 4308 Leimert Blvd

Public county record property details
Beds
8
Baths
4
Year built
1944
Sq. Ft.
3,124
Lot Size
5,052
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
570
APN
5023-008-016

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
$1,195,000
Median List Price/Sq.Ft.
$667
Median Sold Price
$1,315,000
Median Sold Price/Sq.Ft.
$602
Total Inventory
51
Median Sale to List Price %
94%
Avg Days on Market
29
Loan Type
Conventional (21.43%), FHA (0%), VA (0%), Cash (21.43%), Other (7.14%)

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Recently Sold Homes Near 4308 Leimert Blvd

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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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