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    1231 W 8Th St

    Los Angeles, CA 90017
    • $2,800,000
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: 21-767150
    UPDATED: 31 min ago
    $2,800,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,143
      SQFT
    • $392
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:

    School Ratings & Info

    Description

    Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. At present, all units are occupied with varying rental amounts. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. Theres plenty of potential with this property and provides many possibilities! Find out more today!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-27T11:42:34.083. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/119953766
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    1231 W 8Th St Los Angeles, CA 90017

    • Price: $2,800,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 21-767150
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    7,143
    SQFT
    $392
    $/SQFT
    1907
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. At present, all units are occupied with varying rental amounts. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. Theres plenty of potential with this property and provides many possibilities! Find out more today!
    Exterior Features

    Levels Multi/Split Lot Size Area 5507 Other Structures None Parking Garage None Pool Description None Pool YN No Total Parking 0 Water Frontage None

    Interior Features

    Baths Total 0.00 Common Walls Detached/No Common Walls Cooling None Equipment None Heating Wall Interior Features Other

    Property Features

    Assessed Total Value 2193000 Gross Income 15823 Gross Operating Income 241850 Land Lease Type Other Like Units1 4 Like Units2 18 Net Operating Income 169850.00 Number Of Buildings 1 Number Of Units 22 Sale Type Standard Security Features Automatic Gate Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 72000 Type Of Units Studio Year Built Source Vendor Enhanced Zoning Lacw

    Listing provided courtesy of Chad Schlotterback DRE#01807076 of Beverly And Company, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-27T11:42:34.083. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583