NOT LISTED FOR SALE

4270 Leimert Blvd Los Angeles, CA 90008

Leimert Park Neighborhood
4 Beds
8 Baths
4,776 Sq Ft
5,262 Sq Ft Lot

Last Sold June 21, 2021

Last sale price $1,555,000 $326 Per Sq Ft

27 Days on Market

About This Home

As of June 2021

Subject property to be delivered with four vacancies, allowing prospective investors to capture market rent on 50% of the units. - Rental Upside - Subject property contains approximately 64% upside, as is. - Garage Parking -The subject property is in compliance with the City of Los Angeles parking retrofit ordinance. There are three doubles garages located in the back alley. All of which will be delivered vacant at the close of escrow. - Attractive Financing Available - Please contact listing agent for additional information.

Last Agent to Sell the Property

Will James

Lyon Stahl Investment Real Estate, Inc. License #01734419 Listed on: 04/27/2021

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Thomas Jonsson

James Capital Advisors, Inc. License #01755842

Last Buyer's Agent

Will James

Lyon Stahl Investment Real Estate, Inc. License #01734419 Listed on: 04/27/2021

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 5,264 Sq Ft Lot

Parking

  • 6 Car Garage

Interior Spaces

  • 4,776 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 8 Bathrooms

Community Details

  • 8 Units
  • Vacancy Allowance $5,839

Listing and Financial Details

  • Assessor Parcel Number 5023-007-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

5,264 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4776
  • Lot Acreage: 0.1208
  • Stories: 2
  • Year Built: 1939
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 324.54

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 43.93
  • Assessed Improvement Value: 269895
  • Assessed Land Percent: 56.07
  • Assessed Land Value: 344548
  • Total Assessed Value: 614443
  • Assessor Parcel Number: 5023-007-020
  • Lot Size Area: 5264

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.27
  • Number Of Units: 8
  • Type Of Units: Mixed
  • Vacancy Allow: 5839
  • Vacancy Allow Percent: 5.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2021 06/21/21 Sold $1,555,000 +0.3% $326 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $1,550,000 -- $325 / Sq Ft
Source: The MLS

Tax History

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
2025 $20,891 $1,683,179 $1,514,862 $168,317
2024 $20,891 $1,650,176 $1,485,159 $165,017
2023 $20,502 $1,617,821 $1,456,039 $161,782
2022 $19,579 $1,586,100 $1,427,490 $158,610
2021 $8,350 $620,808 $348,117 $272,691
2020 $8,423 $615,633 $344,548 $271,085
2019 $8,124 $603,586 $337,793 $265,793
2018 $8,040 $591,775 $331,170 $260,605
2016 $7,625 $567,654 $318,311 $249,343
2015 $7,524 $559,128 $313,530 $245,598
2014 $7,600 $548,177 $307,389 $240,788
Source: Public Records

Agents Affiliated with this Home

  • Will James

    Seller's Agent in 2021

    Will James

    Lyon Stahl Investment Real Estate, Inc.

    (310) 600-9858

    2 in this area

    31 Total Sales

    Will James
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Thomas Jonsson

    James Capital Advisors, Inc.

See All Agents

Map

Source: The MLS

MLS Number: 21-724402

The MLS
California Los Angeles County Los Angeles 90008 Leimert Park

4270 Leimert Blvd, Los Angeles, CA

Not Listed for Sale

MultiFamily

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