3317 E 8th Street

Los Angeles, CA 90023

  • 5 Bed(s)
  • 0 Bath(s)
  • 2,186 Sqft
  • 5642
    Sqft(Lot)
$899,000

Description

Don't miss this remodeled, cash-flow generating triplex located just east of downtown los angeles, in the vibrant heart of boyle heights. the property features a spacious 3-bedroom, 1-bath single-family house in the front, which has been fully renovated. the house includes engineered hardwood floors, updated appliances, remodeled bathroom and kitchen, central air and heat, and in-unit laundry. in the back is a two-story duplex, each 1-bedroom / 1-bath units. both units are remodeled. tenants pay for gas and electric, as well as ratio-utility billing for shared costs such as water and sewer -- increasing net income for the owner. in the rear of the duplex is a fenced in closed patio with shared laundry for the back tenants -- a versatile layout perfect for investors or potential owner-occupants. on-site parking included for all 3 units. pro forma grm is 11.32 with a cap rate of 6.6%, the rear units are not subject to la city rent stabilization ordinance (not under la rent control). current rents are at or near market levels with recent 3rd party appraisal coming in at $940k. one rear unit will be delivered vacant, ideal for an owner-user or immediate rental upside. this is a turn-key investment with strong in-place income and significant long-term upside potential in one of la's most dynamic rental markets. with close proximity to downtown la, public transit, mariachi plaza and the 101/5/60/710 freeways, this property offers both convenience and consistent tenant demand.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Bungalow

  • AD ID

    49539758

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Fireplace: None

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central,Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1949
    • Building Area Total: 2,186
    • Construction: Stucco

    Pool Features

    • None

    Laundry Features

    • Common Area,Inside,Outside,Stacked

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1295
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5642

  • Listing Price Information

    • Original List Price: 899,000
    • Listing Contract Date: 2025-04-28

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5190013016

  • Garage and Parking

    • Garage Description: Private,One Space

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active Under Contract
    • Source Neighborhood: BOYH - Boyle Heights
    • Postal Code Plus 4: 2903
    • Directions: 101/5 Freeway, Exit Euclid Ave, SW to 8th St., SE on 8th to property
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: BOYH - Boyle Heights

    Building and Construction

    • Property Age: 76
    • Common Walls: No Common Walls
    • Property Condition: Repairs Cosmetic
    • Year Built Source: Assessor
    • Total Square Feet Living: 2186
    • Entry Location: Main Level
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 07/11/2025 @ 17:50

  • MLS: 25531059
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is recently sold, it has 2,186 sqft, 5,642 sized lot, and 0 parking. are nearby neighborhoods.