4250 8th AVE, Los Angeles, CA 90008
4250 8th AVE, Los Angeles, CA 90008
4250 8th AVE, Los Angeles, CA 90008
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$1,129,000
Est. payment /mo
8 Beds
4 Baths
5,396 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,396 sqft

Price per Sqft $209

MLS Listing ID 26862873

Bedrooms 8

HOA Y/N No

Year Built 1928

Lot Size 5,501 Sqft

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.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features Assigned

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Architectural Style Spanish

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5023015028

Special Listing Condition Notice Of Default

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Listed by Mathew Bahri Sotheby's International Realty #01035809

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

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