375 Leslie, Los Angeles, CA 90042

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
375 Leslie,Los Angeles, CA 90042
$1,250,000
  • 8 Beds
  • 7 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: austin longwell
Office: west shores realty, inc.
MLS#:SB26230428
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,250,000

About this home

We are pleased to present 375 Leslie Way, a 6-unit apartment community in the rapidly growing Highland Park sub-market of Los Angeles. Offered at $1,250,000 ($208,333 per unit, $233.04 per sq ), the property gives investors in-place income and significant rent upside. Built in 1965, the property has approximately 5,364 sq of building area on a 9,568 sq lot. The unit mix is all two-bedrooms, four 2 bed + 1.5 bath units and two 2 bed + 1 bath units, which is highly desirable for Highland Park renters. The oversized lot provides ample parking, a rare feature in this neighborhood, as well as potential for ADU expansion. Tenants pay gas and electric. The property is currently operating at a 5.86% cap rate and 11.26 GRM. Current rents range from $1,025 to$1,920, compared with projected market rents of $2,500 for the 2+1.5s and $2,300 for the 2+1s. At market rents, net operating income grows from $73,217 to an estimated $138,340, a 11.07% cap rate and 6.99 GRM.375 Leslie Way has a Walk Score...

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Home facts

  • Listing ID #:SB26230428
  • Added:2 day(s) ago
  • Updated:October 27, 2026 at 04:16 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:7

Finances and disclosures

  • Price:$1,250,000
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