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Listed price in listed location currency (USD).
$1,300,000

0120

MLS® 26838607

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6762 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $192
MLS® Number 26838607

Property Address: 1247 W 8th St, Los Angeles, CA, 90017-4451

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present a twelve (12) unit apartment building located at 1247 W 8th St in Los Angeles, California. The subject property is located in a solid Westlake location, north of Olympic Blvd and west of Union Ave. Located in the Westlake neighborhood adjacent to Downtown Los Angeles, 1247 W 8th St features a solid unit mix of four studio units and eight one-bedroom units, with one unit delivered vacant and approximately 30% rental upside potential. The asset is separately metered for gas and electricity, features new electric panels, and operates as a strong cashflow investment at approximately 170 basis points above current debt. Residents benefit from immediate access to the 110 Freeway, Metro A and B Lines, major commercial corridors, and nearby amenities including MacArthur Park, LA Live, Crypto.com Arena, dining destinations, entertainment venues, grocery options, and nightlife throughout Downtown Los Angeles and surrounding neighborhoods. With its central Westlake location, solid unit mix, immediate transit and freeway access, one vacant unit, and solid rental upside potential, the property offers investors a compelling opportunity to capitalize on long-term multifamily demand near Downtown Los Angeles.
MLS® Number26838607
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
Basement
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 26, 2026List Date
$1,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
1247 W 8Th St, Los Angeles, CA

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