4173 Leimert Blvd, Los Angeles, CA 90008 - View 1
4173 Leimert Blvd, Los Angeles, CA 90008 - View 2
4173 Leimert Blvd, Los Angeles, CA 90008 - View 3
4173 Leimert Blvd, Los Angeles, CA 90008 - View 4
4173 Leimert Blvd, Los Angeles, CA 90008 - View 5
4173 Leimert Blvd, Los Angeles, CA 90008 - View 6
4173 Leimert Blvd, Los Angeles, CA 90008 - View 7

4173 Leimert Blvd, Los Angeles, CA 90008

List Price: $1,350,000On Market FlagOn market
Mar 20, 20253,550 sqft4 beds4 baths
Listed by: Amrot "Yame" Gizaw-Tulu
License #: 01425649
Phone #: 310-686-5236
NextHome Equity
Source:
CRMLS Logo
MLS #: 25516064

Property Description

Welcome to this charming and well-maintained four-plex located in the highly sought-after historic Leimert Park neighborhood. ****Each of the four units features 1 bedroom and 1 bathroom with a generous living space of approximately 887 sq. ft. per unit. ******All units are currently tenant-occupied, offering immediate rental income. *******A major value-add opportunity awaits with RTI (Ready-To-Issue) permits in place for two additional 2-bedroom, 2-bath units, bringing the projected total to 6 units. *****The new units offer excellent potential for market-rate rents, making this a great option for investors looking to maximize ROI. *******Located on a beautiful tree-lined street, this property is ideal for an investor or owner-user seeking a foothold in a prime central Los Angeles location. ******Whether you're expanding your portfolio or purchasing your first income property, this is an opportunity you don't want to miss.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,970

TurboHome Estimated Value

$1,374,000

$387 sqft

High Valuation
$1,442,700
$406/sqft
Normal Valuation
$1,374,000
$387/sqft
Low Valuation
$1,305,300
$368/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$387/sqft$1,374,000

Neighborhood: Leiment Park

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Comparative Value

$1.35M

$1.47M

$1.80M

4173 Leimert Blvd, Los Angeles, CA 90008

List Price: $1,350,000

Subject Property

3703 Homeland Dr, View Park, CA 90008

Sale Price: $1,473,000

Selected Comparable

4023 Fairway Blvd, View Park, CA 90043

Sale Price: $1,799,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4173 Leimert Blvd, Los Angeles, CA 90008

4173 Leimert Blvd, Los Angeles, CA 90008

List: $1,350,000

Listed: 3/20/2025

Area:3,550 sqft
Price/sqft:$380
Beds:4
Baths:4
Year Built:
Lot Size:5,495

Comparable Properties

COMPARABLE
Choose comps
3703 Homeland Dr, View Park, CA 90008

3703 Homeland Dr, View Park, CA 90008

Sale: $1,473,000

3/19/20250.88 mi

Area:3,393 sqft
Price/sqft:$434
Beds:5
Baths:3
Year Built:
Weight:51.0%
4023 Fairway Blvd, View Park, CA 90043

4023 Fairway Blvd, View Park, CA 90043

Sale: $1,799,000

8/23/20241.26 mi

Area:2,782 sqft
Price/sqft:$647
Beds:4
Baths:3
Year Built:
Weight:49.0%

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