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8016 S Western Ave
Los Angeles, CA 90047
Value Add Triplex - Los Angeles · Multifamily Property For Sale · 3 Units

Investment Highlights

  • C2-1VL-CPIO zoning on established South LA commercial corridor
  • Income-producing triplex with value-add rent upside
  • RTI-approved plans for 20-unit multifamily redevelopment

Executive Summary

FRE Auctions and eXp Realty of Greater Los Angeles are proud to present the online Auction Plus® event (allows for contingencies) for an Entitled South Los Angeles Infill Opportunity.
This income-producing triplex sits on a C2-zoned parcel along the Western Avenue commercial corridor in South Los Angeles — one of the city's most actively targeted infill corridors under the South LA Community Plan Implementation Overlay District (CPIO).

Property Facts

Price Per Unit $166,333
Sale Type Investment
Cap Rate 7.94%
Sale Conditions
Distress Sale
  • Redevelopment Project
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.15 AC
Building Size 2,760 SF
Average Occupancy 100%
No. Stories 1
Year Built 1955
Parking Ratio 1.09/1,000 SF
Zoning C2-1VL-CPIO - Broad commercial zoning with reduced height limits and South LA CPIO design and use standards applied.

Amenities

Unit Amenities

  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Oven
  • Tub/Shower
  • Patio

Site Amenities

  • Fenced Lot

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - -
2+1 2 - -

Property Taxes

Property Taxes

Parcel Number
6034-008-004
Land Assessment
$437,456
Improvements Assessment
$246,068
Total Assessment
$683,524
  • Listing ID: 41073008

  • Date on Market: 6/26/2026

  • Last Updated:

  • Address: 8016 S Western Ave, Los Angeles, CA 90047

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