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    1231 W 8th Street

    Los Angeles, CA 90017
    • $2,800,000
    • STATUS: Active
    • ON SITE: 186 days
    • ID#: SR20255150
    UPDATED: 54 min ago
    $2,800,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,143
      SQFT
    • $392
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:

    School Ratings & Info

    Description

    Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. At present, all units are occupied with varying rental amounts. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. Theres plenty of potential with this property and provides many possibilities! Find out more today!

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    Based on information from CRISNet MLS as of 2021-06-16T09:56:06.873. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-06-16T09:56:06.873. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.thepayabgroup.com/homes/112547990
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    1231 W 8th Street Los Angeles, CA 90017

    • Price: $2,800,000
    • Status: Active
    • Updated: 54 min ago
    • ID#: SR20255150
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    7,143
    SQFT
    $392
    $/SQFT
    1907
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. At present, all units are occupied with varying rental amounts. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. Theres plenty of potential with this property and provides many possibilities! Find out more today!
    Exterior Features

    Levels Two Lot Features Corner Lot Lot Size Area 5506.0000 Parking Features None Parking Total 0.00 Parking YN No

    Interior Features

    Common Walls No Common Walls Laundry Features See Remarks Laundry YN Yes

    Property Features

    Additional Parcels YN No Community Features SidewalksStreet Lights Electric Expense 0.00 Fuel Expense 0.00 Gross Income 199856.00 Gross Scheduled Income 199856.00 Insurance Expense 0.00 Land Lease YN No Maintenance Expense 22100.00 Net Operating Income 20009.56 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 179846.00 Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN No Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Expenses 179846.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Zoning Lacw

    Listing provided courtesy of Armine Emmoyan, CA DRE# 01376284, of Johnhart Real Estate.


    Based on information from CRISNet MLS as of 2021-06-16T09:56:06.873. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-06-16T09:56:06.873. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Payab Group/Berkshire Hathaway HomeServices California Properties
    16810 Ventura Blvd.
    Encino CA, 91436