1247 W 8th Street, Los Angeles, CA 90017
Local realty services provided by:ERA North Orange County Real Estate
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. CONTACT THE LISTING TEAM FOR DETAILS.
Contact an agent
Home facts
- Year built:1910
- Listing ID #:25601441
- Added:44 day(s) ago
- Updated:October 04, 2025 at 02:42 PM
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
New listings near 1247 W 8th Street
- New$1,170,000Active2 beds 2 baths1,711 sq. ft.
10550 Wilshire Boulevard #804, Los Angeles, CA 90024
MLS# 25593817Listed by: SOTHEBY'S INTERNATIONAL REALTY - New$1,399,000Active4 beds 3 baths2,065 sq. ft.
16820 Hart Street, Lake Balboa, CA 91406
MLS# 25593933Listed by: THE AGENCY - New$3,599,000Active0.31 Acres
16810 Glynn Drive, Pacific Palisades, CA 90272
MLS# 25594279Listed by: DOUGLAS ELLIMAN - New$1,288,000Active8 beds 4 baths3,896 sq. ft.
850 W Martin Luther King Jr Boulevard, Los Angeles, CA 90037
MLS# 25595637Listed by: MI JEONG KIM - Open Sun, 12 to 4pmNew$949,900Active4 beds 3 baths2,084 sq. ft.
10228 Hanna Avenue, Chatsworth, CA 91311
MLS# 25596905Listed by: HOPE INVESTMENT - New$1,790,000Active8 beds 4 baths3,200 sq. ft.
1233 Fedora Street, Los Angeles, CA 90006
MLS# 25596991Listed by: HOPE INVESTMENT - Open Sun, 2 to 5pmNew$2,399,000Active4 beds 3 baths2,328 sq. ft.
10824 Westminster Avenue, Los Angeles, CA 90034
MLS# 25600477Listed by: ESTATE PROPERTIES - New$4,190,000Active0.77 Acres
13170 Mulholland Drive, Beverly Hills, CA 90210
MLS# 25600903Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New$2,500,000Active3 beds 3 baths2,184 sq. ft.
4311 Finley Avenue, Los Angeles, CA 90027
MLS# 25601011Listed by: SOTHEBY'S INTERNATIONAL REALTY - New$735,000Active1 beds 2 baths1,200 sq. ft.
1111 S Grand Avenue #716, Los Angeles, CA 90015
MLS# 25601123Listed by: THE AGENCY