4250 8th Ave Los Angeles, CA 90008
Leimert Park NeighborhoodEstimated payment $6,947/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: The MLS
MLS Number: 26862873
APN: 5023-015-028
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Ask me questions while you tour the home.