1247 W 8th St, Los Angeles, CA, 90017

USD 1,300,000
For Sale

Property Details

Bedrooms

8

Bathrooms

12

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 8 • Bathrooms: 12 • Square Feet: 6762 • Lot/Size: 5,508 sqft lot

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

Location

Address

1247 W 8th St, Los Angeles, CA, 90017

City

Los Angeles

Features and Finishes

Year Built: 1910; [object Object]; [object Object]; [object Object]

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