Property listed by RE/MAX One, Chase Simonton 818-366-3300
$2,350,000
2809 8th St offers a prime Koreatown investment opportunity with a well-maintained 24-unit apartment building. Updated Electrical! Ideal for maximizing occupancy and rental income in one of Los Angeles' most vibrant and high-demand neighborhoods. With a strong GRM of 8.12 and a healthy CAP rate of 6.81%, this investment provides… Read More solid cash flow and long-term appreciation potential. Located near major transit lines, popular dining, and retail corridors, this fully occupied property is shown exclusively to accepted offers. Read Less
Listing Snapshot
Days Online
43
Last Updated
Square Ft.
13,290
Lot Size
0.14 Acres
Year Built
1923
MLS Number
25617729
Additional Details
Building
Built in 1923, Living area: 13290.0, 1 building, Levels: MultiSplit
Heating
None
Income
Gross Income: $289,437, Net Operating Income: $159,013
Lot
0.1435 acres
Parking
None
Taxes
Parcel Number: 5077019010, Zoning: LAR4
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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