2030 S 8th Avenue

Los Angeles, CA 90018

  • 4 Bed(s)
  • 0 Bath(s)
  • 4,540 Sqft
  • 7502
    Sqft(Lot)
$1,250,000

Description

Discover this well-maintained 4-unit apartment building situated in one of los angeles' strong rental markets. spanning approximately 4,540 sq.ft. across two stories, the property offers four oversized 1-bedroom, 1-bath units each around 1,130 sq.ft. providing significantly more living space than typical one-bedroom units in the area. three of the four units have been tastefully renovated and are in excellent condition. the owner-occupied ground-floor unit will be delivered vacant at closing, allowing flexibility for an owner-user or added rental income. the current rental income from the three occupied units totals $5,570/month, with market rent projections of approximately $2,200/month per unit. at full occupancy, the estimated gross monthly income is $7,770 delivering a solid 5.23% cap rate. located in a highly desirable and rentable neighborhood, the property benefits from strong tenant demand and minimal vacancy. a gated parking lot adds both security and convenience, enhancing tenant appeal and supporting stable rental performance.with spacious interiors, secure parking, and immediate income potential, this property is ideal for investors seeking reliable cash flow, long-term appreciation, and minimal management hassle. don't miss out on this clean, stabilized 4-unit with upside potential and dependable returns.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49895784

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Disposal,Refrigerator,Dryer,Washer
    • Fireplace: None

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1913
    • Building Area Total: 4,540

    Security Features

    • Gated Community,Smoke Detector(s)

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1722
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 7502

  • Listing Price Information

    • Original List Price: 1,250,000
    • Listing Contract Date: 2025-05-21

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5060018016

  • Garage and Parking

    • Garage Description: Assigned,Gated

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Trash Collection

  • Other Property Info

    • Source Listing Status: Active Under Contract
    • Source Neighborhood: C16 - Mid Los Angeles
    • Postal Code Plus 4: 1106
    • Directions: NE corner of 21st & 8th, just south of W. Washington Blvd.
    • Zoning: LARD2
    • Source Property Type: Residential Income
    • Area: C16 - Mid Los Angeles

    Building and Construction

    • Property Age: 112
    • Property Condition: Updated/Remodeled
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 4540
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/06/2025 @ 19:19

  • MLS: 25541981
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 4 bedrooms which is recently sold, it has 4,540 sqft, 7,502 sized lot, and 0 parking. are nearby neighborhoods.