$1,200,000
Well-maintained 4-Unit building located in the most desirable pocket of historic Leimert Park. This property presents an exceptional investment opportunity in one of Los Angeles' most culturally rich and rapidly growing neighborhoods. Situated on a generous lot of 5,808 zoned LAR3. The property consists of four (4) Two-bedroom / One-bathroom units, TOC Tier 3, lemon tree, and detached garages for future ADU projects. The property is under rent control. One (1) unit will be vacant at COE. The property features a desirable unit mix with spacious layouts, abundant natural light, and strong rental income potential. This property offers ample parking and outdoor space while being conveniently located near shopping, dining, entertainment, public transportation, and major freeways. Residents can enjoy proximity to the Metro K Line, Downtown Los Angeles, USC, SoFi Stadium, and the vibrant Crenshaw Corridor. Whether you are an investor seeking stable cash flow or an owner-user looking to live in one unit while generating rental income from the others, this property offers versatility and long-term upside in a highly sought-after community. Do not miss the opportunity to own a prime multi-family asset in the thriving Leimert Park neighborhood of Los Angeles.
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Listed by Dionya Jackson with Equity Union (424) 600-7620
Property Type
Residential Income
Status
Active
MLS Number
26840623
Year Built
1944
Lot Size
5,807 sq ft