4249 8th Avenue,
Los Angeles CA, 90008
Description
Beautiful Fourplex in the desirable area of Leimert Park. Located on a quiet tree lined street. Each unit has a large 1 bedroom1 bath, Large bedroom has a built in closet and drawers, and a formal dining area, all the units feature beautiful original hardwood floors. Eating nook in each kitchen. Detached four garages plus more parking spaces available. These pride of ownership units are priced to sell. HUGE upside potential on this 4-unit building located in the coveted Leimert Park neighborhood! This well cared for income property is centrally located in an area with an unprecedented amount of development contemplated and in process (i.e. the METRO, redevelopment of the Baldwin Hills Crenshaw Plaza, District Square and thousands of luxury condo & apartment units). Higher income is attainable immediately (as occupied units turn over) one unit vacant, but there will also be material equity upside as new developments are completed and the area appreciation out paces most other Los Angeles neighborhoods. Take advantage of this unique investment opportunity and make your offer subject to inspection.
Details
| MLS# | PW21024058 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 25 |
Features
| SQ Feet | 3,136 |
|---|---|
| Units | 4 |
| Building(s) | 1 |
| Water Front | No |
| Property View | No |
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Learn More About This Property
| Area Information | |
|---|---|
| State | CA |
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90008 |
| Area | PHHT - Park Hills Heights |
| Listing VS Median (in 90008) | |
Price: $1,088,000 low | high Med: $887,000 SqFt: 3,136 low | high Med: 2,447 $ / SqFt: $347 low | high Med: $372 On Site: 25 low | high Med: 134 Sourced by Back At You | |
MLS Number: PW21024058Listing Provided By:
Miki Singer of Coldwell Banker Coastal Alliance