2030 S 8th Avenue, Los Angeles, CA 90018

About this property

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.

Listing description from the July 2025 sale, as reported to CRMLS.

Sale history

$1,300,000

Sold July 2025 · listed $1,250,000, on market May 2025 · MLS #25541981 · Source: CRMLS

Listing Agent: 'Amy'Mi Soon Kim · Listing Office: Hanbada Realty Inc. · Contact: 626-720-6676 · Bought with: Jacob Mkhitarian · Markarian Realty

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