1135 Leighton Ave, Los Angeles, CA 90037
1135 Leighton Ave, Los Angeles, CA 90037
1135 Leighton Ave, Los Angeles, CA 90037
1135 Leighton Ave, Los Angeles, CA 90037
1135 Leighton Ave, Los Angeles, CA 90037
1135 Leighton Ave, Los Angeles, CA 90037
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$ 3,595,000
Est. payment | /mo

24 Beds

24 Baths

10,887 SqFt


Save
$ 3,595,000
Est. payment | /mo
Save

24 Beds

24 Baths

10,887 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,887 sqft

Price per Sqft $330

MLS Listing ID 26107060

Bedrooms 24

Year Built 2019

Lot Size 0.316 Acres

Acres 0.1576

Property Sub-Type Multi-Family

Property Description

1135 Leighton Avenue (APN 5037-021-027) is offered exclusively in conjunction with the adjacent property at 3944 S Budlong Avenue, Los Angeles, CA 90037 (APN 5037-021-026). Both properties must be purchased together.Located in Los Angeles' Exposition Park neighborhood, this eight-unit multifamily offering features buildings constructed in 2019, with approximately 10,887 square feet of combined rentable building area on two parcels totaling approximately 13,776 square feet. The properties are zoned RD1.5-1-CPIO and located within a federally designated Qualified Opportunity Zone.The unit mix consists of eight spacious three-bedroom, three-bathroom apartments with layouts designed for contemporary living. Each unit is individually metered for gas and electricity and equipped with a tankless water heater. Tenants are responsible for water, trash, gas, and electricity expenses, limiting ownership's utility obligations. The property is subject to the Los Angeles Rent Stabilization Ordinance (LARSO).The location offers convenient access to the University of Southern California, USC Village's retail and dining destinations, the California Science Center, Exposition Park's museums, and BMO Stadium. Nearby access to the I-110 and I-10 freeways and the Metro E Line connects residents to Downtown Los Angeles, the Westside, and major employment centers. With modern construction, spacious floor plans, and proximity to prominent educational and cultural destinations, this offering presents an attractive opportunity for long-term multifamily ownership.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dishwasher, Refrigerator, Range/Oven, Microwave, Washer, Dryer

Laundry In Unit

Exterior

Parking Features None

Garage Spaces 8.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Compass

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1135 Leighton Ave