11
See all 11 photos
$3,000,000
Est. payment /mo
20 Beds
18 Baths
11,810 SqFt
New
8118 S Western AVE Los Angeles, CA 90047
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 11,810 sqft
Price per Sqft $254
MLS Listing ID 26633905
Bedrooms 20
HOA Y/N No
Year Built 1960
Lot Size 0.292 Acres
Property Description
We are pleased to present 8118 S Western Avenue in Los Angeles, CA, an 18-unit apartment building offering strong in-place income and a compelling value-add opportunity. The property features a desirable unit mix of 16 one-bedroom units and 2 two-bedroom units, providing immediate cash flow with upside through unit upgrades and operational efficiencies. The asset includes 17 gated parking spaces and has benefited from recent capital improvements, including a new roof (2022), soft-story seismic retrofit (2021), new water heaters (2021), and electrical upgrades (2016). Strategically located approximately 6.5 miles from SoFi Stadium, Intuit Dome, and Hollywood Park, and borderingInglewood zip codes, the property is positioned near major redevelopment corridors, transit, and retail supporting strong tenant demand and long-term appreciation within the City of Los Angeles. For more information, please reach out.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAC2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Parking Features Gated
Total Parking Spaces 17
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6034009003
Special Listing Condition Standard
Listed by Marcus & Millichap
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