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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 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 6,762 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1910 |
| Building Class | B | ||
| Zoning | LACW - CENTRAL CITY WEST SPECIFIC PLAN ZONE Future development potential due to high density zoning in LACW area. | ||
| 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
| Parcel Number | 5143-011-012 | Improvements Assessment | $160,079 |
| Land Assessment | $615,709 | Total Assessment | $775,788 |
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
The City West Multifamily Property at 1247 W 8th St, Los Angeles, CA 90017 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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