Los Angeles, CA 90047,8118 S Western AVE
Los Angeles, CA 90047,8118 S Western AVE
Los Angeles, CA 90047,8118 S Western AVE
11
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$3,000,000
Est. payment /mo
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20 Beds
18 Baths
11,810 SqFt
Active

8118 S Western AVE Los Angeles, CA 90047

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Rick Lee

Rick Lee

+1(714) 943-1598

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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

CRMLS – RECore
Listed by Marcus & Millichap
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Rick Lee

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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