NOT LISTED FOR SALE

Estimated Value: $1,084,000 - $1,251,000

6 Beds
4 Baths
3,440 Sq Ft
$332/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2025

Last sale price $1,125,000 $327 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,733 / mo

37 Days on Market

Highlights

  • Granite Countertops
  • Laundry Facilities
  • Rectangular Lot
  • No HOA

About This Home

As of April 2025

Welcome to 4260 Leimert, a beautifully updated 4-unit building in a prime location. Each unit has been thoughtfully remodeled with modern finishes, blending style and comfort. The spacious layouts feature sleek hardwood floors, contemporary kitchens with stainless steel appliances, updated bathrooms, and fresh paint throughout. The building is well-maintained, offering a great opportunity for investors or owner-users looking to live in one unit while renting out the others. With its proximity to local shops, restaurants, and public transportation, 4260 Leimert is an ideal property for those seeking both convenience and value. Seller financing is possible. Don’t miss out on this exceptional investment opportunity!

Last Agent to Sell the Property

Geoffrey Gilstrap

Dwell California Real Estate & Investments, Inc. Brokerage Phone: 310-678-6323 License #01830598 Listed on: 02/01/2025

Co-Listed By

Christopher De Bruno

Dwell California Real Estate & Investments, Inc. Brokerage Phone: 310-678-6323 License #01346512

Last Buyer's Agent

Val Murphy

Pacific Playa Realty License #00805799

Pacific Playa Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,263 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,440 Sq Ft Home
  • 2-Story Property

Kitchen

  • Granite Countertops
  • Quartz Countertops

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 578
  • Tax Tract Number 9741
  • Assessor Parcel Number 5023007033
  • $500 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,200
  • Trash Expense $1,200
  • Water Sewer Expense $1,500
  • Operating Expense $12,000
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

5,263 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5023007033
  • Year Built: 1948
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counters, Quartz Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 327.03

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5263.00
  • Lot Size Acres: 0.1208

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Gross Scheduled Income: 96000.00
  • Insurance Expense: 3200.00
  • Lot Size Area: 5263.0000 Square Feet
  • Net Operating Income: 84000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12000.00
  • Rent Control: Yes
  • Total Expenses: 12000.00

Tax Info

  • Tax Census Tract: 2343.02
  • Tax Lot: 578
  • Tax Tract Number: 9741
  • TaxOtherAnnualAssessmentAmount: 500.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Leimert Park, CA

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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
04/16/2025 04/16/25 Sold $1,125,000 -10.6% $327 / Sq Ft
02/01/2025 02/01/25 For Sale $1,259,000 -- $366 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,571 $1,147,500 $561,000 $586,500
2025 $5,571 $414,958 $230,533 $184,425
2024 $5,471 $406,822 $226,013 $180,809
2023 $5,378 $398,846 $221,582 $177,264
2022 $5,149 $391,027 $217,238 $173,789
2021 $5,068 $383,361 $212,979 $170,382
2019 $4,927 $371,992 $206,663 $165,329
2018 $4,834 $364,699 $202,611 $162,088
2016 $4,598 $350,540 $194,745 $155,795
2015 $4,536 $345,275 $191,820 $153,455
2014 $4,578 $338,513 $188,063 $150,450
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25023354

California Regional Multiple Listing Service (CRMLS)

APN: 5023-007-033

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