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1247 W 8th Street, Los Angeles, CA 90017

Los Angeles
Local realty services provided by:CENTURY 21 Cornerstone
1247 W 8th Street,Los Angeles, CA 90017
$1,450,000
  • 8 Beds
  • 12 Baths
  • 6,762 sq. ft.
  • Multi-family
  • Active
Listed by: sean rosenzweig
Office: marcus & millichap
MLS#:25601441
Source:CRMLS

Price summary

  • Price:$1,450,000
  • Price per sq. ft.:$214.43

About this home

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.

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Home facts

  • Year built:1910
  • Listing ID #:25601441
  • Added:210 day(s) ago
  • Updated:March 19, 2026 at 10:36 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:12
  • Living area:6,762 sq. ft.

Structure and exterior

  • Year built:1910
  • Building area:6,762 sq. ft.
  • Lot area:0.13 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,450,000
  • Price per sq. ft.:$214.43
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Cornerstone is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Cornerstone, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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