2786 W 8TH Street, Los Angeles, CA 90005 | MLS 14788039 | Listing Information | Real Living Pacific Realty | Real Living Real Estate
Real Living Pacific Realty
800-660-9140

2786 W 8TH Street,  Los Angeles CA, 90005

5,628 sqft
Status: Sold
MLS#: 14788039
Skip Slideshow
Real Living Pacific Realty
800-660-9140

Listing Provided Courtesy Of: Marcus & Millichap
Last Updated: 12/10/2016 10:11 AM
Description for 2786 W 8TH Street Los Angeles, CA 90005
This seven-unit apartment building, plus two non-conforming apartment / office units, which sit on a 6,529 sqft LAC2 lot. The property consists of six 1 bedroom units and one 3 bedroom 1.5 bath unit as well as 2 non-conforming office / apartment units. The non-conforming units are listed on title as 2 units, so title shows a total of 9, but are listed on the certificate of occupancy as an office space. The buildings have new roofs and have also just recently undergone an aggravated demo plan.Not only does a buyer have the opportunity for major upside in the front 7 units, but the potential for at least another $20,000 a year of income from the rear 2 once renovated. The property sits in prime Korea Town between Hoover St and Vermont Ave, just two blocks south of Wilshire Blvd and one block north of Olympic Blvd. The building is located in an up and coming pocket that's in close proximity to many new developments, easy access to ample public transportation.
Price
Sold Price:
$1,325,000
Sold Date:01/21/2015
Los Angeles
5,628 (approx)
14788039
Closed
Description
This seven-unit apartment building, plus two non-conforming apartment / office units, which sit on a 6,529 sqft LAC2 lot. The property consists of six 1 bedroom units and one 3 bedroom 1.5 bath unit as well as 2 non-conforming office / apartment units. The non-conforming units are listed on title as 2 units, so title shows a total of 9, but are listed on the certificate of occupancy as an office space. The buildings have new roofs and have also just recently undergone an aggravated demo plan.Not only does a buyer have the opportunity for major upside in the front 7 units, but the potential for at least another $20,000 a year of income from the rear 2 once renovated. The property sits in prime Korea Town between Hoover St and Vermont Ave, just two blocks south of Wilshire Blvd and one block north of Olympic Blvd. The building is located in an up and coming pocket that's in close proximity to many new developments, easy access to ample public transportation.
Listing Information
Property Type: Cluster, Other
0.14 Acres 5,628 (approx) $235.43
1954 Yes
9 Total
Neighborhood
Room Information
Interior Features
Refrigerator
None
Exterior / Lot Features
6 Parking Spaces, Garage
LAC2
Driving Directions
Take the 10 freeway exit Hoover Street heading north, and then make a left on West 8th Street.
Financial Considerations
5077021012
,$35,279
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90005 has a population of 3,804,503.

The median household income in Los Angeles, California 90005 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90005 is 34.1 years.

Loading nearby sales and history ...
Courtesy: Marcus & Millichap Joshua Ross
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
505441 - Real Living Pacific Realty
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time
Nearby homes for sale
Recent sales nearby