1247 W 8th Street, Los Angeles, CA 90017
Local realty services provided by:CENTURY 21 LOTUS
1247 W 8th Street,Los Angeles, CA 90017
$1,300,000
- 8 Beds
- 12 Baths
- 6,762 sq. ft.
- Multi-family
- Active
Listed by: kian maronde, jason tuvia
Office: marcus & millichap818-212-2700
MLS#:26838607
Source:CRMLS
Price summary
- Price:$1,300,000
- Price per sq. ft.:$192.25
About this home
We are pleased to present a twelve (12) unit apartment building located at 1247 W 8th St in Los Angeles, California. The subject property is located in a solid Westlake location, north of Olympic Blvd and west of Union Ave. Located in the Westlake neighborhood adjacent to Downtown Los Angeles, 1247 W 8th St features a solid unit mix of four studio units and eight one-bedroom units, with one unit delivered vacant and approximately 30% rental upside potential. The asset is separately metered for gas and electricity, features new electric panels, and operates as a strong cashflow investment at approximately 170 basis points above current debt. Residents benefit from immediate access to the 110 Freeway, Metro A and B Lines, major commercial corridors, and nearby amenities including MacArthur Park, LA Live, Crypto.com Arena, dining destinations, entertainment venues, grocery options, and nightlife throughout Downtown Los Angeles and surrounding neighborhoods. With its central Westlake location, solid unit mix, immediate transit and freeway access, one vacant unit, and solid rental upside potential, the property offers investors a compelling opportunity to capitalize on long-term multifamily demand near Downtown Los Angeles....
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Home facts
- Year built:1910
- Listing ID #:26838607
- Added:66 day(s) ago
- Updated:August 01, 2026 at 11:04 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:$1,300,000
- Price per sq. ft.:$192.25
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