Los Angeles, CA 90018,2030 S 8th Ave
Los Angeles, CA 90018,2030 S 8th Ave
Los Angeles, CA 90018,2030 S 8th Ave
27
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$1,250,000
Est. payment /mo
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4 Beds
4 Baths
4,540 SqFt
New

2030 S 8th Ave Los Angeles, CA 90018

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,540 sqft

Price per Sqft $275

MLS Listing ID 25541981

Bedrooms 4

Construction Status Updated/Remodeled

Year Built 1913

Lot Size 7,502 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Fireplaces Type None

Equipment Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Garbage Disposal

Laundry In Unit

Exterior

Parking Features Assigned, Gated

Garage Spaces 4.0

Building

Story 2

Water Public

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Hanbada Realty Inc.

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agent

Zachary Frazier

Agent | RE.S.0174348

+1(405) 209-8885

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2030 S 8th Ave