3155 E 8th Street, Los Angeles, CA 90023
Local realty services provided by:Better Homes and Gardens Real Estate Champions
3155 E 8th Street,Los Angeles, CA 90023
$895,000
- - Beds
- - Baths
- 2,018 sq. ft.
- Multi-family
- Active
Listed by: aaron jacobson
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26092673
Source:CRMLS
Price summary
- Price:$895,000
- Price per sq. ft.:$443.51
About this home
3155 E 8th St is a 4-Unit Turnkey property to be delivered
FULLY VACANT by close of escrow. 3155 E 8th St presents a
unique opportunity in the heart of Boyle Heights, with
updated electrical panels. It includes four spacious 1-Bed/1-
Bath units, all delivered vacant, offering a prime opportunity
for an investor or owner-occupier. The property features 8
uncovered parking spaces in the rear can be converted to
two stacked ADUs. With this addition, the cap rate will jump
from an already attractive 8.02%, offering substantial returns.
Built in 1961, this asset is a cash cow with the ability to stabilize
and generate significant cash flow. For owner-users, it’s a
perfect opportunity to occupy one unit, have the additional
three units cover your mortgage. The "owner's unit" features a
large private patio that can be converted into additional
parking as well. Located in the heart of Boyle Heights, a
vibrant and culturally diverse neighborhood known for its rich
history, tight-knit community, and eclectic mix of cuisines,
Boyle Heights offers a dynamic blend of residential charm,
thriving local businesses, and a vibrant arts scene. It is in
close proximity to the train line stop and within walking
distance of Hollenbeck Park, restaurants, bars and nightlife....
Contact an agent
Home facts
- Year built:1961
- Listing ID #:SB26092673
- Added:12 day(s) ago
- Updated:May 12, 2026 at 10:35 AM
Rooms and interior
- Living area:2,018 sq. ft.
Structure and exterior
- Year built:1961
- Building area:2,018 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$895,000
- Price per sq. ft.:$443.51
Parking
- Total parking spaces:8
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