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4318 Leimert Blvd
Los Angeles, CA 90008
6 Unit Value-Add Opportunity in Leimert Park · Multifamily Property For Sale
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6 Units
Investment Highlights
- In place rents are approximately 62% under market
- Opportunity to implement a RUBS program
- All units are extremely spacious with very high ceilings. The three top units have large balconies
- Brand new roof on the building and garages as of July 2023
- 1 unit to be delivered vacant
- Individual hot water heaters for each unit
Property Facts
| No. Units | 6 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 5,376 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Single-Family Home | Year Built | 1931 |
| Building Class | C | Parking Ratio | 1.12/1,000 SF |
| Zoning | R3-1 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,376 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | R3-1 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Ceiling Fans
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,759 | - |
| 2+1 | 2 | $2,139 | - |
Property Taxes
| Parcel Number | 5023-008-014 | Improvements Assessment | $925,000 |
| Land Assessment | $400,000 | Total Assessment | $1,325,000 |
Property Taxes
Parcel Number
5023-008-014
Land Assessment
$400,000
Improvements Assessment
$925,000
Total Assessment
$1,325,000
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