2809 W 8th St - Apartments FOR SALE


Los Angeles, CA 90005- Koreatown
$2,350,000 USD
310-383-5927
2809 W 8th St, Los Angeles, CA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/14
null | 6.81% Cap Rate

2809 W 8th St
Los Angeles, CA 90005
Koreatown


OVERVIEW

2809 8th St offers a prime Koreatown investment opportunity with a well-maintained 24-unit apartment building. Updated Electrical! Ideal for maximizing occupancy and rental income in one of Los Angeles’ most vibrant and high-demand neighborhoods. With a strong GRM of 8.38 and a healthy CAP rate of 6.81%, 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

$2,350,000 USD

PRICE/SF

$164 USD /SF

# OF UNITS

24

PRICE/UNIT

$97,917

CAP RATE

6.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Leeward & 8th St Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,188 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.