1135 Leighton Avenue is being sold in conjunction with 3944 South Budlong Avenue. Both properties must be sold together. The buildings total an eight-unit multifamily investment opportunity located in the Exposition Park neighborhood of Los Angeles. Constructed in 2019, the property comprises approximately 10,887 square feet of rentable building area,… Read More situated on two parcels totaling 13,776 square feet, zoned RD1.5-1-CPIO, providing long-term operational flexibility and investment stability in a highly desirable Los Angeles submarket.The property features eight well-designed three-bedroom, three-bathroom apartment units, offering spacious layouts tailored to modern renter demand. Each unit is individually metered for gas and electricity and includes a tankless water heater, providing operational efficiency and cost control. Ownership benefits from minimal utility obligations, as tenants are responsible for water, trash, gas, and electricity expenses. The property is subject to the Los Angeles Rent Stabilization Ordinance (LARSO).Strategically located in Exposition Park, one of Los Angeles' most culturally significant and supply-constrained neighborhoods, the property benefits from strong tenant demand driven by the area's academic, cultural, and employment anchors. Residents enjoy proximity to the University of Southern California (USC), the California Science Center, the renowned museums of Exposition Park, and BMO Stadium, as well as the vibrant USC Village retail and dining corridor.The location offers excellent regional connectivity with convenient access to Downtown Los Angeles, major employment centers, and key transportation corridors, including the I-110 and I- 10 freeways, along with the Metro E Line, providing direct light rail access across the Westside and Downtown. This combination of quality construction, prime location, and strong underlying fundamentals presents investors with a compelling long-term hold opportunity in one of Southern California's most dynamic and evolving multifamily markets. For more information please review the OM in the DOCS section. Read Less
Courtesy of Compass 310-230-5478
Listing Snapshot
Days Online
12
Last Updated
Property Type
Other
Beds
12
Square Ft.
5,442
Lot Size
0.16 Acres
Year Built
2018
MLS Number
26665177
Additional Details
Appliances & Equipment
Dishwasher, Electric Dryer Hookup, Washer, Microwave, Range/Oven, Refrigerator
Building
5,442 sq ft, Built in 2018, Levels: Two
Cooling
Central
Disclosures
None
Garage
Driveway Gate
Heating
Central
Lot
LotAcreage: 0.1576, LotSizeArea: 6,865
Parking
TotalParking: 4
Property
NumberOfUnits: 4, Zoning: LARD1.5
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
