1247 W 8th Street, Los Angeles, CA 90017

Local realty services provided by:Better Homes and Gardens Real Estate Town Center
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:155 day(s) ago
  • Updated:January 23, 2026 at 11:37 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

Finances and disclosures

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