Los Angeles, CA 90008 4080 LEIMERT Boulevard
$1,265,000
0 more
Presented By: Cristina Warfield with Compass;
Beds • 6
Baths • 3
SQFT • 2,164
Home Details
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.
Presented By: Cristina Warfield with Compass;
Interior Features for 4080 LEIMERT Boulevard
Bedrooms
Total Bedrooms6
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths3
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Total Stories2
General for 4080 LEIMERT Boulevard
Additional Parcels Y/NNo
AppliancesDisposal
Architectural StyleTraditional
Attached Garage No
Buyer FinancingConventional, Fha, Va
Cap Rate5.4
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CoolingNone
CountyLos Angeles
Days on Market176
DirectionsLeimert and Martin Luther King Jr
DisclosuresRentControl
Electric On Property Y/NNo
Entry LocationGround Level w/steps
ExclusionsTenant Personal Property
Facing DirectionNorth
Full Baths
Garage Y/NNo
Gross Income85233.0
HeatingFloorFurnace, NaturalGas, WallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet4125.0
Lot Size UnitsSquareFeet
MLS AreaPHHT - Park Hills Heights
MobileHomeRemainsYNNo
Net Operating Income68186.0
New ConstructionNo
NumberOfUnitsTotal3
Occupancy TypeTenant
PossessionCloseOfEscrow
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Shingle
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Tenant PaysElectricity, Gas, Water
View Y/NYes
Waterfront Y/NNo
Year Built1944
Year Built SourceAssessor
ZoningLAR3
Exterior for 4080 LEIMERT Boulevard
Building Area Total2164.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0947
Lot Size Area4125.0
Lot Size SourceAssessor
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesGated, SideBySide
SpaNo
Total Parking3.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480