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Multifamily

4172 Leimert Blvd

4172 Leimert Blvd, Los Angeles, CA 90008

Listing Price: $2,900,000

Cap Rate
6.85%
Number of Units
16
GRM
9.24
Occupancy
100.0%
Price/Unit
$181,250
Price/Gross SF
$257.09
Gross SF
11,280

Investment Overview

The Weir Group is 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.

Investment Highlights

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

Exclusively Listed By

Multifamily

4172 Leimert Blvd

Listing Price: $2,900,000

Cap Rate
6.85%
Number of Units
16
GRM
9.24
Occupancy
100.0%
Price/Unit
$181,250
Price/Gross SF
$257.09
Gross SF
11,280

Investment Highlights

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

Investment Overview

The Weir Group is 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.

Exclusively Listed By

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