8425 S Western Avenue, Los Angeles, CA 90047

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
8425 S Western Avenue,Los Angeles, CA 90047
$3,700,000
  • 22 Beds
  • 19 Baths
  • 12,137 sq. ft.
  • Multi-family
  • Active
Office: marcus & millichap818-212-2700
MLS#:26653115
Source:CRMLS

Price summary

  • Price:$3,700,000
  • Price per sq. ft.:$304.85

About this home

We are pleased to announce the opportunity to purchase 19 multifamily units at 8419 and 8425 S. Western Avenue located in the Manchester Square neighborhood of South Los Angeles. With 15 out of 17 original units renovated and two new ADUs, this opportunity will not require any heavy lifting and as most of the work has already been completed. With the overwhelming need for affordable housing in the area, investors can realize an additional 25% upside as units turn over and can maximize on the increasing payments standards from HACLA and Section 8. This opportunity also offers an assumable loan of $2,422,000 with extremely attractive terms that will allow an investor to yield over an 8% cash-on-cash return. Built in 1959 and 1960, the two adjacent properties are comprised of two-story structures that include a unit mix of sixteen 1bed/1bath units and three 2bed/1bath units. Of these units, two of the 1bed/1bath are newer ADUs with split system HVAC. The properties provide tenants with...

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Home facts

  • Year built:1960
  • Listing ID #:26653115
  • Added:74 day(s) ago
  • Updated:May 03, 2026 at 10:43 AM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:19
  • Kitchen Description:Refrigerator
  • Living area:12,137 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1960
  • Building area:12,137 sq. ft.
  • Lot area:0.3 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$3,700,000
  • Price per sq. ft.:$304.85

Parking

  • Total parking spaces:12
  • Parking description:Door-Multi, Garage, Uncovered
  • Garage:Yes
  • Garage spaces:6
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