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$1,129,000
Listing Price8beds
4baths
5,396sqft
5,501sqft lot
4250 8th Ave, Los Angeles, CA 90008
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Full foreclosure details
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For Sale
Home type
Price / sqft
Year built
Home Details
Calling All Investors! Rare opportunity to acquire a fully occupied fourplex on a beautiful treelined Street, in one of Los Angeles' most established and steadily appreciating neighborhoods. This well-maintained income property features four spacious 2-bedroom, 1-bath residences, each exceeding 1,300+ square feet, a unit size rarely found in today's multifamily market and a significant advantage for long-term tenant retention. All Units with the original Hardwood floors. Full of irreplaceable Period Character. Three of the four units have been upgraded, and ownership has completed several important capital improvements, including updated plumbing, upgraded electrical panel, and updated windows. Each unit is separately metered, allowing for efficient utility management, and laundry in each unit provides an attractive amenity for residents. Situated on an R3-zoned lot (buyer to verify). Ideally located in the heart of Leimert Park, the property offers convenient access to neighborhood restaurants, shopping, parks, public transportation, the Metro K and E Lines, and the Crenshaw/LAX Transit Corridor, with easy access to Culver City, USC, Exposition Park, Downtown Los Angeles, and connectivity to major employment centers. Whether you're completing a 1031 exchange, expanding an existing multifamily portfolio, or seeking a long-term appreciation investment, this property offers a compelling combination of location, income, and future potential. Listing Agents have not viewed Interi
Interior Details
5396
8
4
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5501
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Quadraplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$7,917
$437,147
$190,550
--%
$627,697
2019
$7,917
$428,576
$186,814
--%
$615,390
2018
$7,804
$420,173
$183,151
--%
$603,324
2017
$7,645
$411,935
$179,560
--%
$591,495
2016
$7,419
$403,858
$176,040
--%
$579,898
2014
$7,148
$379,076
$163,212
--%
$542,288
2013
$7,142
$377,363
$162,475
--%
$539,838
2012
$7,034
$369,964
$159,290
--%
$529,254
Average Home Price in 90008
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





