2809 W 8th St - Apartments FOR SALE


Los Angeles, CA 90005- Koreatown
$2,595,000 USD
310-383-5927
2809 W 8th St, Los Angeles, CA for Sale
$2,595,000 USD
Apartments - FOR SALE
1/9
null | 5.4% Cap Rate

2809 W 8th St
Los Angeles, CA 90005
Koreatown


HIGHLIGHTS

  • Seller Financing! Seller will carry a 1st Trust Deed at 70% LTV
  • Updated Electrical!
  • $195.26 PPF
  • Prime Koreatown Location
  • 8.97 GRM
  • $108,125 PPU

OVERVIEW

Seller Financing! Seller will carry a 1st Trust Deed at 70% LTV. Updated Electrical! 2809 8th St offers a prime Koreatown investment opportunity with a well-maintained 24-unit apartment building.This asset features a desirable mix of studio units—ideal for maximizing occupancy and rental income in one of Los Angeles’ most vibrant and high-demand neighborhoods. With a strong GRM of 8.97 and a healthy CAP rate of 5.89%, this investment provides solid cash flow and long-term appreciation potential. Located near major transit lines, popular dining, and retail corridors, this fully occupied property is shown exclusively to accepted offers.

FOR SALE DETAILS

PRICE

$2,595,000 USD

PRICE/SF

$181 USD /SF

# OF UNITS

24

PRICE/UNIT

$108,125

CAP RATE

5.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8th St Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,328 SF

ZONING

C2-4, City of L.A.

APN/PARCEL ID

5077-019-010

ASK ABOUT THIS PROPERTY

Chase SimontonRE/MAX One - Simonton Commercial GroupMore Info
310-383-5927

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Chase SimontonRE/MAX One - Simonton Commercial GroupMore Info
310-383-5927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.