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4172-4180 Leimert blvd 16 Unit Apartment Building $3,969,491 CAD ($248,093 CAD/Unit) 6.85% Cap Rate Los Angeles, CA 90008

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INVESTMENT HIGHLIGHTS

  • Spanish-Style Charm
  • Near the Crenshaw Corridor and Leimert Park
  • Excellent In-Place Income
  • Located in Highly Desirable South LA Submarket

EXECUTIVE SUMMARY

We are pleased to present 4172 & 4180 Leimert Boulevard in Los Angeles, CA, a 16-unit Spanish-style apartment property offering strong in-place income and immediate cash flow. The asset consists entirely of one-bedroom, one-bathroom units and features a beautiful central courtyard. Recent capital improvements include plumbing upgrades (2021), an expansion tank upgrade (2022), and new water heaters (2022), providing a solid operational foundation. Located in the highly desirable Baldwin Village / South Los Angeles submarket near the Crenshaw Corridor and Leimert Park, the property benefits from ongoing cultural revitalization, transit accessibility, and strong rental demand—making it an ideal opportunity for investors seeking value-add potential in a growing market. For more information, please reach out.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,969,491 CAD
Price Per Unit $248,093 CAD
Sale Type Investment
Cap Rate 6.85%
Gross Rent Multiplier 9.24
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.29 AC
Building Size 11,280 SF
No. Stories 2
Year Built 1935
Zoning LAR3 - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Courtyard

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 $2,590 CAD 705
Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5023-006-018
  • 5023-006-019
Land Assessment
$1,777,561 CAD
Improvements Assessment
$761,801 CAD
Total Assessment
$2,539,362 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 38846640

  • Date on Market: 2025-12-20

  • Last Updated:

  • Address: 4172-4180 Leimert blvd, Los Angeles, CA 90008

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