$1,129,000
PENDING

Estimated payment $6,947/month

Total Views 4,386
8 Beds
4 Baths
5,396 Sq Ft
$209 Price per Sq Ft

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Ceiling Fan

About This Home

Calling All Investors! Rare opportunity to acquire a fully occupied fourplex on a beautiful treelined Street, in one of Los Angeles' most established and steadily appreciating neighborhoods. This well-maintained income property features four spacious 2-bedroom, 1-bath residences, each exceeding 1,300+ square feet, a unit size rarely found in today's multifamily market and a significant advantage for long-term tenant retention. All Units with the original Hardwood floors. Full of irreplaceable Period Character. Three of the four units have been upgraded, and ownership has completed several important capital improvements, including updated plumbing, upgraded electrical panel, and updated windows. Each unit is separately metered, allowing for efficient utility management, and laundry in each unit provides an attractive amenity for residents. Situated on an R3-zoned lot (buyer to verify). Ideally located in the heart of Leimert Park, the property offers convenient access to neighborhood restaurants, shopping, parks, public transportation, the Metro K and E Lines, and the Crenshaw/LAX Transit Corridor, with easy access to Culver City, USC, Exposition Park, Downtown Los Angeles, and connectivity to major employment centers. Whether you're completing a 1031 exchange, expanding an existing multifamily portfolio, or seeking a long-term appreciation investment, this property offers a compelling combination of location, income, and future potential. Listing Agents have not viewed Interior of units. Please Do Not Disturb Tenants. Interior Shown with Accepted Offer Only. Prefer All CASH Offers. Call for Details.

Listing Agent

Mathew Bahri

Sotheby's International Realty License #01035809 Listed on: 07/23/2026

Sotheby's International Realty

Co-Listing Agent

Delia Hooper

Redfin License #01180987

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 5,501 Sq Ft Lot

Home Design

  • Spanish Architecture

Interior Spaces

  • 5,396 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5023-015-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

5,501 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5396
  • Lot Acreage: 0.1263
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Mixed
  • Bedrooms: 8
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Washer, Dryer
  • Price Per S Q F T: 209.23

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan, Wall/Window
  • Heating: Wall
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 30.36
  • Assessed Improvement Value: 208393
  • Assessed Land Percent: 69.64
  • Assessed Land Value: 478082
  • Total Assessed Value: 686475
  • Assessor Parcel Number: 5023-015-028
  • Lot Size Area: 5501

Rental Info

  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: 2 Bed,1 Bath

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $8,976 $700,203 $487,643 $212,560
2025 $8,976 $686,475 $478,082 $208,393
2024 $8,816 $673,015 $468,708 $204,307
2023 $8,660 $659,819 $459,518 $200,301
2022 $8,280 $646,882 $450,508 $196,374
2021 $8,150 $634,199 $441,675 $192,524
2019 $7,918 $615,390 $428,576 $186,814
2018 $7,804 $603,324 $420,173 $183,151
2017 $7,645 $591,495 $411,935 $179,560
2016 $7,419 $579,898 $403,858 $176,040
2015 $7,316 $571,188 $397,792 $173,396
2014 $7,148 $542,288 $379,076 $163,212
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/06/2026 08/06/26 Pending -- -- --
07/23/2026 07/23/26 For Sale $1,129,000 -- $209 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $560,000 Old Republic Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $990,000 New Conventional
Closed $980,000 New Conventional
Closed $536,300 New Conventional
Closed $546,000 New Conventional
Closed $417,000 New Conventional
Previous Owner $55,000 Stand Alone Second
Previous Owner $160,000 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 26862873

The MLS

APN: 5023-015-028

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