1247 W 8th Street, Los Angeles, CA 90017 (MLS # 25601441)

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PRICE $1,450,000 dsIDX morgage calculator
BEDS 8
BATHS 12
HOME SIZE 6,762 sqft
LOT SIZE 5,506 sqft
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We are pleased to offer for sale a 12-unit apartment community located at 1247 West 8th Street. The subject property is situated west of the 110 Freeway and south of Wilshire Boulevard. Positioned on a 5,508-square-foot parcel, the property is comprised of four studios and eight one-bedroom units and is being offered at an attractive basis of 7.98 GRM and $120,833 per unit, with 24% remaining rental upside through unit renovations. The property is in close proximity to multiple venues for the 2028 Summer Olympics, including the LA Memorial Coliseum, Crypto.com Arena, and BMO Stadium, which bode well for the long-term prospects of the neighborhood.1247 West 8th Street offers investors a compelling opportunity to acquire an asset with a strong value-add component and to capitalize on the continued westward expansion and revitalization of the Downtown submarket. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

DAYS ON MARKET 62 LAST UPDATED 10/4/2025
YEAR BUILT 1910 COMMUNITY C42 - Downtown L.A.
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA C42 - Downtown L.A.
LOT 5506 sq ft
LOT DIMENSIONS 5508
PARKING None
STORIES 2
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CONTACT US ABOUT 1247 W 8TH STREET
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Listed with Marcus & Millichap

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