Bank-Owned Property ( REO ) with LAR4-2 Zoning! Fantastic Investment Opportunity! GOOD FOR BUSINESS WITHIN R-4 ZONE. PRE-SCHOOL, ACUPUNCTURE, CPA, INS. OFFICE, AND MORE MORE. Build multi-unit residential buildings or apartments to cater to the growing housing demand. Develop a community center that offers various services and amenities to the neighborhood, such as educational programs, wellness centers, and recreational facilities. Unlock the potential of this prime real estate gem! Nestled in a coveted area with LAR4-2 zoning, this bank-owned property presents an unparalleled opportunity for savvy investors. Whether you're looking to develop residential units, commercial spaces, or a blend of both, the possibilities are endless. Don't miss out on this rare chance to acquire a bank-owned property with immense potential. Act now and turn your vision into reality!
Foreclosure
Listing Provided by:
Seung Soo "Eric" Min DRE #01392922 818-357-7694,
Dream Realty & Investments, Inc.,
Jinwook Cho DRE #01456384 213-380-8949,
Dream Realty & Investments Inc
Est. $1,290,000
2823 W 8th St, Los Angeles, CA 90005
4beds
3,480sqft
Mixed Use
Built in 1908
6,252 Square Feet Lot
$1,272,900 Zestimate®
$371/sqft
$-- HOA
Overview
- 34 days
- on Zillow |
- 197 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: June 12, 2025 at 11:55am
Listing Provided by:
Seung Soo "Eric" Min DRE #01392922 818-357-7694,
Dream Realty & Investments, Inc.,
Jinwook Cho DRE #01456384 213-380-8949,
Dream Realty & Investments Inc
Source: CRMLS,MLS#: SR25108235
Originating MLS: California Regional MLS

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Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Basement, Office
Bathroom
- Features: Upgraded
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Oven
- Laundry: See Remarks
Features
- Balcony
- Has basement: Yes
- Has fireplace: Yes
- Fireplace features: Living Room, See Remarks
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 3,480 sqft
Property
Parking
- Total spaces: 7
- Parking features: One Space
- Carport spaces: 7
Features
- Levels: Multi/Split
- Entry location: Front
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,252 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5077019008
- Zoning: LAR4
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $371/sqft
- Tax assessed value: $1,477,367
- Annual tax amount: $18,339
- Date on market: 5/15/2025
- Listing terms: Cash,Cash to New Loan
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