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4200 6th Ave
Los Angeles, CA 90008 Leimert Park

$1,595,000 USD

Apartments For Sale  •  5,278 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,278 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1929
  • Cap Rate 5.87 %
  • Zoning LAR3
54 Transit Score
71 Walk Score

Highlights

Well maintained asset with significant upside - 23% organic upside in rents
Opportunity to Add 4 ADU units to the site (Buyer to Verify)
Sought After Leimert Park Location
Large oversized Lot with off-street parking
(8) on-site parking spaces

Property Flyers

Financial Summary (Actual)

Net Operating Income: $93,567 USD (2025)
Cap Rate: 5.87 %
Total Expenses: $43,587 USD

Public Transportation

Commuter RailDriveWalkDistance
16 min - 8.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 17 min - 8.2 mi
AirportDriveWalkDistance
Los Angeles International 17 min - 8.2 mi
Bob Hope 34 min - 16.3 mi
Long Beach (Daugherty Field) 33 min - 22.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: CoveredTandem
Included in Rent: Yes
Drew McAllister 925-683-9203 NRE Commercial
Drew McAllister 925-683-9203 NRE Commercial