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8 Beds
6 Baths
4,936 sqft

$1,199,900

4237 8th AVE, LOS ANGELES CA, 90008

Price per sqft$243.09
Built in1929
Property size4,936 sqft
Property typeMulti-family

Overview

Active

Listed Sep 24, 2026

Updated 8 days ago

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.

$7,983/mo

Est. mortgage payment based on a $1,199,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
DW26202192MR

Interior Features

Bedrooms
8
Bathrooms
6
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Garage
Yes

Listed by Carlos Munoz with Century 21 A Better Service
Listing Contact: 562-231-2856 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Vivian Yoon & Company | CA DRE# 01925833 MT #88432 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/29/2026

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