2809 8th St offers a prime Koreatown investment opportunity with a well-maintained 24-unit apartment building. This asset features a desirable mix of two-bedroom, one-bedroom, and studio units ideal for maximizing occupancy and rental income in one ofLos Angeles' most vibrant and high-demand neighborhoods. With a strong GRM of 8.72 and a healthy CAP rate of 6.25%, 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
Price cut: $70K (10/14)
$2,525,000
2809 W 8th St, Los Angeles, CA 90005
--beds
24baths
13,290sqft
Est.:
Multi Family
Built in 1923
-- sqft lot
$2,423,300 Zestimate®
$190/sqft
$-- HOA
What's special
- 63 days |
- 75 |
- 4 |
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