4250 8th Avenue, Los Angeles, CA 90008

$1,129,000
8
BD
4
BA
5,396
SqFt

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Listing courtesy of Listing Agent: Mathew Bahri (mathew.bahri@sothebys.realty) from Listing Office: Sotheby's International Realty.

List Price
$1,129,000
Status
ACTIVE UNDER CONTRACT
Days on Market
16
MLS#
26862873
Subtype
Residential Income
Style
Spanish
Year Built
1928
Bedrooms
8
Bathrooms
4
Living Area
5,396
Lot Size
5,501
Acres
0.13
MLS Area Major
Park Hills Heights (PHHT)

Property Description

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.

Additional Information

Interior Features
Ceiling Fan(s)
Property Description
Spanish
Zoning
LAR3
Flooring
Wood
Appliances
Dryer, Washer
Heating
Wall Furnace
Air Conditioning
Yes
Stories
Two Levels
Levels
Two
Parking Features
Assigned

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.