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1224 W 8th St
Los Angeles, CA 90017
Multifamily Property For Sale
·
20 Units
Property Facts
| No. Units | 20 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 11,476 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1923 |
| Building Class | C | ||
| Zoning | LACW | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 11,476 SF |
| No. Stories | 2 |
| Year Built | 1923 |
| Zoning | LACW |
About 1224 W 8TH ST , LOS ANGELES, CA 90017
Exciting opportunity for future mixed-use development with existing 20 units apartment providing stable cash flow. Located in Westlake South area nestled between Downtown and Koreatown. Subject property just north of Loyola Law School and a few blocks away from Downtown Los Angeles, Staples Center, LA Live, Convention Center and much, much more. Existing two-story building has two (2) of one-bedroom/one-bathroom units and eighteen (18) of singles. Each unit with its own electricity and gas meter. Stable tenancy in high desirable area.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 18 | $835.50 | - |
| 1+1 | 2 | $935.50 | - |
Property Taxes
| Parcel Number | 5143-002-006 | Improvements Assessment | $196,854 |
| Land Assessment | $2,624,749 | Total Assessment | $2,821,603 |
Property Taxes
Parcel Number
5143-002-006
Land Assessment
$2,624,749
Improvements Assessment
$196,854
Total Assessment
$2,821,603
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