Skip To Content

2941 W 8TH St

Los Angeles, CA 90005
  • $1,399,990
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 22-137615
UPDATED: 22 min ago
$1,399,990
  • 8
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,888
    SQFT
  • $286
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:
Area:

School Ratings & Info

Description

BUY AND HOLD, OPPORTUNITY ZONE -R4-2 Lot, 4 unit building located in the highly desirable Korea town neighborhood of Los Angeles. The property offers four large Two-Bedroom + 1 BA across 4,888 square feet of living space (+/- 1200 square feet each unit) on 6,252 square feet (0.14 acres) of land. Detached four car garage in the back. Utilities are separately metered for electricity and gas, and individual water heaters for each unit. Tenant pays for gas and electricity. Seller pays for water, sewer and trash. Excellent value, priced at only $287/SF. The said offering sits on a 6,252 SF (Tier 2) Built in 1923, Property will be sold in "as is" condition. Inside Showing after offer accepted. Buyer & Buyer agent to confirm all property information to the city . All four units are fully occupied . Great location and conveniently located between the 10, 101 and 110 freeway .Drive-by only. Please do not approach and/or disturb the tenants as they are not aware of sale. Please submit offers subject to interior inspection.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T17:43:06.03. 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.
www.markwiseproperties.com/homes/128272433
Print Image

2941 W 8TH St Los Angeles, CA 90005

  • Price: $1,399,990
  • Status: Active
  • On Site: 20 Days
  • Updated: 22 min ago
  • MLS #: 22-137615
8
Beds
0
Baths
0
½ Baths
0.14
Acres
4,888
SQFT
$286
$/SQFT
1923
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
BUY AND HOLD, OPPORTUNITY ZONE -R4-2 Lot, 4 unit building located in the highly desirable Korea town neighborhood of Los Angeles. The property offers four large Two-Bedroom + 1 BA across 4,888 square feet of living space (+/- 1200 square feet each unit) on 6,252 square feet (0.14 acres) of land. Detached four car garage in the back. Utilities are separately metered for electricity and gas, and individual water heaters for each unit. Tenant pays for gas and electricity. Seller pays for water, sewer and trash. Excellent value, priced at only $287/SF. The said offering sits on a 6,252 SF (Tier 2) Built in 1923, Property will be sold in "as is" condition. Inside Showing after offer accepted. Buyer & Buyer agent to confirm all property information to the city . All four units are fully occupied . Great location and conveniently located between the 10, 101 and 110 freeway .Drive-by only. Please do not approach and/or disturb the tenants as they are not aware of sale. Please submit offers subject to interior inspection.
Exterior Features

Cross Streets South Of Wilshire And East Of Vermont Lot Size Area 6253 Other Structures None Parking Garage Assigned Pool Description None Pool YN No Spa None Spa YN No Style Unknown Total Parking 4

Interior Features

Baths Total 4.00 Common Walls Attached Cooling None Equipment None Fireplace Rooms None Heating Other

Property Features

Assessed Total Value 1568078 Gross Income 66984 Gross Operating Income 0 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 4 Owner Pays GardenerWaterOther Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 0 Type Of Units 4 Plex Year Built Source Vendor Enhanced Zoning Lar4

Listing provided courtesy of Jung Hong DRE#00631615 of Hope Investment.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T17:43:06.03. 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.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_22-137615-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_22-137615-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_2_22-137615-2.jpg
Logo
Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270