8425 S Western Avenue, Los Angeles, CA 90047

Local realty services provided by:ERA North Orange County Real Estate
8425 S Western Avenue,Los Angeles, CA 90047
$4,000,000
  • 22 Beds
  • 19 Baths
  • 12,137 sq. ft.
  • Multi-family
  • Active
Office: marcus & millichap
MLS#:26653115
Source:CRMLS

Price summary

  • Price:$4,000,000
  • Price per sq. ft.:$329.57

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:3 day(s) ago
  • Updated:February 21, 2026 at 02:34 PM

Rooms and interior

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

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

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

Finances and disclosures

  • Price:$4,000,000
  • Price per sq. ft.:$329.57
Based on information from California Regional Multiple Listing Service, Inc. as of February 21, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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