3306 8th, Los Angeles, CA 90023
Local realty services provided by:ERA Excel Realty
3306 8th,Los Angeles, CA 90023
$650,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: stelios zoumberakis
Office: keller williams coastal prop.
MLS#:PW25246693
Source:CAREIL
Price summary
- Price:$650,000
About this home
Introducing an extraordinary investment opportunity nestled in the vibrant Boyle Heights neighborhood of Los Angeles. This mixed-use property, positioned for both residential and commercial success, boasts a lot size of 5,139 square feet. Comprising two separate buildings, the first encompasses a 728-square-foot retail space, offering a turnkey investment with a month-to-month lease and an enticing 7% cap rate. The second building features a comfortable 2-bedroom/1-bath residence spanning 1,345 square feet. Notably, the residence includes a non-confirming studio—a hidden income potential not currently reflected in the existing revenue. The month-to-month leases for both the retail and the residential unit provide flexibility for new owners, whether considering owner-occupation or optimizing rental terms. This property offers a unique house-hacking opportunity, allowing residents to live in the comfortable home while benefiting from the immediate income generated by the retail tenant. Because the rental is a single-family home that is the only residential structure on the parcel, the LA housing website is specific that the property isn’t part of LA’s RSO. Also, according to AB1482: The California Tenant Protection Act of 2019, the property is also exempt from any state rent...
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Home facts
- Year built:1922
- Listing ID #:PW25246693
- Added:157 day(s) ago
- Updated:March 31, 2026 at 04:13 PM
Structure and exterior
- Roof:Flat/Low Pitch, Shingle
- Year built:1922
- Lot area:0.12 Acres
- Lot Features:Level, Mid Block
- Architectural Style:Craftsman
- Levels:1 Story
Utilities
- Water:District - Public
Finances and disclosures
- Price:$650,000
Features and amenities
- Laundry features:Laundry Area
Parking
- Parking description:Other
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