4237 8th Avenue, Los Angeles, CA 90008

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Beds

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Baths

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Sq ft

About this home

Rare 6-unit Spanish-style building in one of LA's most historic neighborhoods - Leimert Park. Nearly 85% rent upside, current gross income $84,516/yr vs. $156,000/yr at market. One 2BD/1BA unit is currently not occupied and available to live in and / or rent. Updated electrical panels, copper plumbing, several units renovated with granite counters and new flooring. 4 detached garages, 2 available for the next owner to lease separately. Owned coin laundry on-site. Cap rate approximately 5.1% in-place, approximately 11.1% at full market rents. Walking distance to the vibrant Leimert Park Village. Don't miss out.

Type

Apartment

Year built

1929

Lot

6,328 sq ft

Garage

2 car

HOA

None

Pool

View

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Solar

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Estimated payment

$7,567/mo

Principal & interest$6,067
Property tax (est.)$1,150
Home insurance (est.)$350

Down payment: 20% ($239,980)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Carlos Munoz, Century 21 A Better Service, 562-842-6557. MLS# DW26202192. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 7:43 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.