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2030 S 8th Avenue

Los Angeles, CA 90018

– beds
– baths
– sqft
7,502 sqft lot
1913 build
– on site

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.

Listed By CRMLS_CA / 'Amy'Mi Soon Kim / Hanbada Realty Inc.

Last checked: Checking… • Last updated May 22, 2025 •

MLS# 25541981 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1913
New Construction:

No
Building Area Total:

4540.00
Total Number Of Units:

4
# of Buildings:

1
Stories Total:

2

Interior

Levels:

Two
Fireplace:

No
Fireplace:

None
Laundry:

Washer Included, Dryer Included
Laundry:

1

Location

Directions:

NE corner of 21st & 8th, just south of W. Washington Blvd.
Latitude:

34.03812800
Longitude:

-118.32574700

The Property

Property Type:

Residential Income
Property Condition:

Updated/Remodeled
Zoning:

LARD2
Lot Size Area:

7502.0000
Lot Size Acres:

0.1722
Lot Size SqFt:

7502.00
Security Features:

Gated Community, Smoke Detector(s)
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5060018016

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Appliances

Appliances:

Dishwasher, Disposal, Refrigerator
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Assigned, Gated
Parking Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/21/25 May 21, 2025	Listed / Active	CRMLS_CA	$1,250,000

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This multifamily located in Central LA, Los Angeles, CA 90018 is currently for sale for $1,250,000. 2030 S 8th Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 2030 S 8th Avenue is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 82, making it very walkable. This multifamily is in the attendance area of Arlington Heights Elementary School, Johnnie L Cochran Jr Middle School, and Los Angeles Senior High.

Listing Courtesy of: CRMLS_CA and Hanbada Realty Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 20:02 on May 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.