ActiveResidential Income
$1,199,900
Listing provided by Carlos Munoz
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.
Listing Snapshot
Days online0
Last updatedOct 18, 2026
Property typeApartment
Beds0
Full baths0
Square ft.4,936
Lot size0.15 Acres
Year built1929
MLS numberDW-26202192
Additional Details
Building
Year Built: 1929,Building Area Total: 4936,Living Area: 4936,Stories Total: 2,Levels: Two,Entry Level: 1,Common Walls: 2+ Common Walls,Architectural Style: Spanish,Construction Materials: Stucco,Roof: Flat Tile,Mixed,Flat
Lot
Lot Size Acres: 0.15,Lot Size Square Feet: 6328,Lot Features: 0-1 Unit/Acre,View: None
Interior
Fireplace Features: None,Laundry Features: Community,Security Features: Closed Circuit Camera(s)
Exterior
Pool Features: None,Fencing: Wrought Iron,Chain Link
Parking
Garage Spaces: 2,Parking Total: 4
Community
Community Features: Sidewalks
Utilities
Utilities: Sewer Connected,Water Connected,Natural Gas Connected,Sewer: Public Sewer,Water Source: Public
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