We are 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.
AGENT: Jonathan Weir LISTING BROKERAGE: Marcus & Millichap
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. -4180 Leimert BL
Los Angeles, CA
Property Details
Price:
$2,815,000
MLS #:
26633981
Status:
Active
Beds:
16
Baths:
16
Type:
Single Family
Neighborhood:
phhtparkhillsheights
Listed Date:
Jan 6, 2026
Finished Sq Ft:
11,280
Total Sq Ft:
11,280
Lot Size:
12,675 sqft / 0.29 acres (approx)
Year Built:
1935
Phht – Park Hills HeightsPhhtparkhillsheights
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Schools
Interior
Appliances
GD, RF
Cooling
NO
Heating
WL
Levels
U
Exterior
Financial
Gross Operating Income
$311,140
Net Operating Income
$197,215
Map
Community
- Address-4180 Leimert BL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90008
