1041 W Leighton Avenue 4, Los Angeles, California 90037, Los Angeles, 90037 - 0 bed, 0 bath
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Los Angeles, California 90037
Analysis of 1041 W Leighton Avenue 4, Los Angeles, California 90037 is currently available with a list price of $2,499,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Newly built in 2023, this multi-unit property is in mint condition with modern HVAC and electrical systems, new interior finishes, and requires no immediate maintenance.
Built in 2023, this 6,000 sq. ft. quadruplex offers modern systems and finishes, significantly reducing immediate capital expenditure and maintenance costs for investors.
Located within walking distance of USC, Exposition Park, and the upcoming Lucas Museum, the property is ideally positioned to capture consistent rental demand from students and faculty.
The configuration of 12 bedrooms and 5 dens across four units maximizes the rent-per-square-foot potential, providing a robust revenue stream and versatile options for owner-occupants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6000, other record living area = 1834.
The high bedroom-to-unit ratio suggests a high-occupancy environment, which typically results in increased wear and tear and requires more intensive tenant management.
With a list price of $2.499M, the property commands a premium for its new construction status, which may result in a lower initial cap rate compared to older, value-add assets in the same submarket.
Newly built near soon to open Lucas Museum. Total of 12bed and 5 Den in 4 unit, a total of approximately 6000 sq. ft. of living space on a 6752 sq. ft. lot, providing a strong combination of rental income and long-term potential. The property features four units. The property also includes a spacious garage. Ideal for investors seeking a reliable, income-producing asset in the Los Angeles market. The property features a long driveway. Primary home buyer great to use one unit and lease others. Location near exposition park, very close to USC and California Science Center, Natural History Museum, LA Memorial Coliseum, Lucas Museum and light-rail access convenient for transit. Local schools: Menlo Avenue Elementary, Manual Arts Senior High, Barack Obama Global Prep, Grocery, quick-service restaurants and basic retail within walking distance.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 6,000 | 2,064.5 | 94% |
| Lot Size | 6,752 | 5,421.5 | 94% |
| Price | $2.50M | $725.0K | 94% |
| Price per sq ft | $416 | $352 | 75% |
| Built year | 2023 | 1925 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 151 | 6% |
May 27, 2026
$2,499,000
Initial Listing
Nov 22, 2022
$2,198,000
Public Record
Jul 17, 2015
$390,000
Public Record