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 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, foyer entry, each with two bedrooms, 2 baths, a dressing area, fireplace, with vaulted ceilings and roof top patios with a view of the mountains and the 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. Six 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.
This property is $3.4M more than the Median Sold Price and $277/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24456420
Listing Office:
Office Name: Montecito Realty Co
Office Phone: (323) 293-8217
Listing Agent: Maesoa Darton
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$22.5K
Per Month
Principal & Interest
$22.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$13.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
42nd Street Elementary School
4231 4th Ave
Distance between this listing and this school0.49 miles
Public District Grades KG-5
3
/10
Icef View Park Preparatory Elementary School
5311 Crenshaw Blvd
Distance between this listing and this school0.69 miles
Public Charter Grades KG-5
3
/10
Angeles Mesa Elementary
2611 W 52nd St
Distance between this listing and this school0.77 miles
Public District Grades KG-5
Nearby Schools
5
/10
Today's Fresh Start-Compton
4476 Crenshaw Blvd
Distance between this listing and this school0.15 miles
Public Charter Grades KG-8
2
/10
Audubon Middle School
4120 11th Ave
Distance between this listing and this school0.33 miles
Public District Grades 6-8
5
/10
Icef View Park Preparatory Middle School
5311 Crenshaw Blvd
Distance between this listing and this school0.69 miles
Public Charter Grades 6-8
Nearby Schools
4
/10
Catch Preparatory Charter High Inc.
4120 11th Ave
Distance between this listing and this school0.36 miles
Public Charter Grades 9-12
2
/10
Crenshaw Magnet High School
5010 11th Ave
Distance between this listing and this school0.53 miles
Public Magnet Grades 9-12
2
/10
Whitney Young Continuation
3051 W 52nd St
Distance between this listing and this school0.68 miles
The neighbors living near this home have an average income of $43,409. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 426142671/2 Leimert Blvd
What is the listing price of this property?
The listing price of 426142671/2 Leimert Blvd property is $4,500,000.
What type of property is this?
The property 426142671/2 Leimert Blvd is a house located in Los Angeles, California, 90008.
Is this property for sale now?
Active Listing: 426142671/2 Leimert Blvd is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 426142671/2 Leimert Blvd has 14 bedrooms and 12 bathrooms.
What is the square footage of this property?
The property 426142671/2 Leimert Blvd is 12,348 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 426142671/2 Leimert Blvd is 1929.
Interested in 426142671/2 Leimert Blvd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 426142671/2 Leimert Blvd in Los Angeles, CA and zip code 90008 in the Leimert Park neighborhood. This 12,348 square foot home, which was built in 1929, sits on a 0.25 acre lot. Features: 14 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $4,500,000.
While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
H&M
Burlington
Foot Locker
Boston Market
White Castle
Popeyes
Honda
Kia
Nissan
Rhythmic Contemporary Hits
Urban Adult Contemporary