This Multifamily Property is no longer advertised on LoopNet.com.

1247 W 8th St
Los Angeles, CA 90017
Multifamily Property For Sale · 12 Units

Investment Highlights

  • Master metered but the property has a separate meters for electric & gas
  • Cap rate at 6.53 going in with current income with almost 30% upsides in rent
  • Great downtown location, walking distance to financial district of downtown Los Angeles

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.13 AC
Building Size 6,762 SF
No. Stories 2
Year Built 1910
Zoning LACW - CENTRAL CITY WEST SPECIFIC PLAN ZONE Future development potential due to high density zoning in LACW area.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 $1,242 -
Studios 4 $1,262 -

Property Taxes

Property Taxes

Parcel Number
5143-011-012
Land Assessment
$615,709
Improvements Assessment
$160,079
Total Assessment
$775,788
  • Listing ID: 37355731

  • Date on Market: 8/20/2025

  • Last Updated:

  • Address: 1247 W 8th St, Los Angeles, CA 90017

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}