2961 W 8th Street, Los Angeles, CA 90005

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
2961 W 8th Street,Los Angeles, CA 90005
$1,250,000
  • 6 Beds
  • 2 Baths
  • 3,001 sq. ft.
  • Single family
  • Active
Listed by: daniel shamooelian
Office: keller williams beverly hills
MLS#:CL26845909
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$416.53

About this home

Exceptional opportunity in the heart of Koreatown! Located within a designated Opportunity Zone and benefiting from R4-2 zoning with TOC Tier 3 incentives, 2961 W 8th Street offers investors and developers significant upside in one of Los Angeles' most active rental and redevelopment markets. The property features an approximately 3,000 SF, 6-bedroom, 2-bathroom residence situated on a 5,990 SF lot. The existing home offers significant square footage and multiple possibilities for renovation, repositioning, multi-generational living, rental income, or interim cash flow while planning future development. A major highlight of the offering is the inclusion of RTI (Ready-to-Issue) plans for a 100% affordable 44-unit apartment development consisting of 43 one-bedroom units and 1 studio unit. Offered at approximately $28,500 per approved unit, the property presents a rare opportunity for developers to immediately move forward with a fully approved project in one of Los Angeles' strongest...

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Home facts

  • Year built:1914
  • Listing ID #:CL26845909
  • Added:62 day(s) ago
  • Updated:August 13, 2026 at 02:32 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:3,001 sq. ft.

Structure and exterior

  • Year built:1914
  • Building area:3,001 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Craftsman, Single Family Residence
  • Levels:2 Story

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$416.53

Features and amenities

  • Laundry features:Inside
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 13, 2026

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