- 1 Bed
- 2 Baths
- 6,762 Sqft
- .13 Acres
1247 W 8th Street
We are pleased to offer for sale a 12-unit apartment community located at 1247 West 8th Street. The subject property is situated west of the 110 Freeway and south of Wilshire Boulevard. Positioned on a 5,508-square-foot parcel, the property is comprised of four studios and eight one-bedroom units and is being offered at an attractive basis of 7.98 GRM and $120,833 per unit, with 24% remaining rental upside through unit renovations. The property is in close proximity to multiple venues for the 2028 Summer Olympics, including the LA Memorial Coliseum, Crypto.com Arena, and BMO Stadium, which bode well for the long-term prospects of the neighborhood.1247 West 8th Street offers investors a compelling opportunity to acquire an asset with a strong value-add component and to capitalize on the continued westward expansion and revitalization of the Downtown submarket. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.
Essential Information
- MLS® #25601441
- Price$1,450,000
- Bedrooms1
- Bathrooms2.00
- Square Footage6,762
- Acres0.13
- Year Built1910
- TypeResidential Income
- StatusActive
Community Information
- Address1247 W 8th Street
- AreaC42 - Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90017
Amenities
- ParkingNone
- GaragesNone
Interior
- # of Stories2
- StoriesTwo
Additional Information
- Date ListedOctober 3rd, 2025
- Days on Market77
- ZoningLACW
Listing Details
- AgentSean Rosenzweig
- OfficeMarcus & Millichap
Sean Rosenzweig, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of December 20th, 2025 at 5:20pm PST. 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.