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4089 Leimert BoulevardLos Angeles, CA 90008

For Sale

$2,075,000

Smart Buyer Rebate $20,750

Well-maintained 8-unit multifamily property in the heart of Leimert Park, one of LA's most vibrant and evolving neighborhoods. The property offers a strong 6% cap rate with solid in-place income and clear upside potential. The property features five renovated units with updated interiors, providing immediate rental premiums, while three units remain in classic condition, presenting a clear value-add opportunity for increased rents and long-term growth. Located just moments from Leimert Park Village, the Metro K Line, and major employment hubs including Downtown LA, Culver City, and USC. The area continues to see strong rental demand and ongoing neighborhood investment. The property also includes four garages (two 2-car and two 1-car), which can be delivered vacant. These offer flexibility for additional income or excellent ADU potential. Ideal for investors looking for a balance of current cash flow and long-term growth in a central Los Angeles location.

Listed by Kaela Whelan

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License #01965737

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Compass

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310-526-1259

Last updated April 28, 2026

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Source: CRMLS #26756773

Listing Facts

  • TypeMulti-family
  • NeighborhoodLeimert Park Village
  • Bedrooms8
  • Days on Prevu11
  • Size5,134 sqft
  • Price per sqft$404

Amenities

  • Parking

Location

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Listing History

04/20/2026
Listed by Compass
$2,075,000

Property Details for 4089 Leimert Boulevard

Exterior

Construction

  • Number Of Units Total: 8
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1940

Measurements

  • Building Area Total: 5,134
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,188
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,188
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.0
  • Gross Income: $175,224.00

Taxes

  • Parcel Number: 5023003019

Interior

Features

  • Appliances: Disposal, Refrigerator

Measurements

  • Living Area: 5,134
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 8
  • Bedrooms Total: 8

Parking

Parking

  • Parking Features: Door-Multi, Door-Single, Garage
  • Parking Total: 6

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 8 bedrooms in this multi-family home at 4089 Leimert Boulevard.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 4089 Leimert Boulevard.

How does 4089 Leimert Boulevard compare to other multi-family homes in Leimert Park Village?

This multi-family home is listed 7% above the average price for multi-family homes in Leimert Park Village and has been on the market for 57 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,134 sqft.

4089 Leimert Boulevard is a 8-bedroom multi-family home for sale in Los Angeles CA 90008. On Prevu for 11 days at $2,075,000. This property features 5,134 square feet of living space, located in Leimert Park Village. The median listing price for multi-family homes in this area is $1,272,500. Property amenities include parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.