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Lenore Wilkas

lenore.wilkas@engelvoelkers.com +1(760) 407-2100

$ 4,500,000

Est. payment -/mo

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New

4261 4267 1/2 Leimert BLVD Los Angeles, CA 90008

14 Beds

12 Baths

12,348 SqFt

UPDATED:

10/28/2024 07:20 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,348 sqft

Price per Sqft $364

MLS Listing ID 24456420

Bedrooms 14

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1929

Lot Size 0.253 Acres

Property Description

Are you looking for a great investment in Los Angeles? Don't miss a once in a lifetime opportunity to purchase 12 luxurious apartments in historic Leimert Park which is similar to its famed neighbor. Baldwin Hills Estates. This is a chance to own property in one of the most desirable and culturally rich neighborhoods in the city. This building is located in in a prime location close to public transportation, shopping, dining, entertainment and more. The location provides easy assess to popular public transit options and major arterial throughfares like the 10, 110, and 405 freeways as well as, a short distance to the MECCA entertainment centers in Los Angeles, which includes the Forum, Sofi and Clippers Stadium, and many others. The building was built in 1929, with a foot-print of approximately 12,345 SF, sitting on a 11,001 SF zoned LAR 3. Leimert Park and Baldwin Hills Estates are two of the most historical neighborhoods in Los Angeles. Many celebrities have called this historical area home. The apartments have been well maintained by the same ownership for over 20 years. The property offers two stunning townhouse units, each with two bedrooms, a dressing area, fireplace, with vaulted ceilings and roof top patios with view of the mountains and he city. The ten cozy and comfortable one-bedroom units have a full bathroom, plenty of storage, fireplace and a small balcony. There is a shared laundry room. Seven of the twelve units are vacant for a new owner to capitalize on the turn-key units upside potential. The nearby commercial hub is filled with art galleries, coffee shops, locally owned stores and authentic eateries.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR3

Rooms

Ensuite Laundry Outside

Interior

Interior Features Ceiling Fan(s), Storage, Dressing Area, Walk-In Closet(s)

Laundry Location Outside

Heating Fireplace(s), Wall Furnace

Cooling None

Flooring Carpet

Fireplaces Type Decorative, Living Room

Fireplace Yes

Appliance Washer

Laundry Outside

Exterior

Garage Covered, On Street

Pool None

Community Features Gated

View Y/N Yes

View City Lights

Roof Type Composition

Accessibility None

Porch Rooftop

Parking Type Covered, On Street

Attached Garage No

Total Parking Spaces 9

Private Pool No

Building

Faces West

Story 2

Entry Level Two

Sewer Other, Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 5024020017

Security Features Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Gated Community,Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Listed by Maesoa Darton • Montecito Realty Co

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

Lenore Wilkas

4261 4267 1/2 Leimert BLVD Los Angeles, CA 90008

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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4261 4267 1/2 Leimert BLVD