$1,450,000
For Sale by Owner
Listed 1 month ago

12BR Multi-Family for Sale in Los Angeles, CA

2765 W 8th St, Los Angeles, CA 90005
12 Beds
8 Bath
Built 1914
PropSlick Verified Data Key facts & insights for this exact address
1914
Year Built
$11,046
Property Tax / yr
6,273 sf
Lot Size
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1914
Lot Size6,273 sq ft
Annual Property Tax$11,046

Property Description

2765 W 8th St - a fully renovated four-unit apartment building in the heart of Koreatown, offered at $1,450,000 ($362,500/unit) at a 5.84% current cap and 6.48% pro forma. Rare all-three-bedroom unit mix: four spacious 3BR/2BA homes of ~1,102 SF each with updated kitchens and baths. The 2015 gut renovation replaced the major systems - electrical wiring and subpanels, plumbing and drain lines, roof, and windows - plus a full interior refresh, meaning minimal near-term capex for the next owner. Eight secured on-site parking spaces in a rear lot, a genuine rarity in K-Town. In-place rents sit within ~7% of market, so RSO caps have limited near-term impact on yield. Major upside: SB 1211 permits up to four detached ADUs on the rear lot by ministerial approval with no replacement parking required. Below the $5M Measure ULA threshold. ~0.6 mi to Metro Wilshire/Vermont; minutes to DTLA, Hollywood, and the Westside. Buyer to verify all information.

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Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

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