2955 W 8th Street, Los Angeles, CA 90005

About this property

2955 W. 8th Street is a two story, 12-unit apartment building constructed in the 1920's. All units in the property are one bedroom with one bathroom and utilities are individually metered. Most of the units have been gut renovated with high end condo quality features and finishes including stainless steel appliances and fixtures, high end cabinets, designer tiles and flooring, new windows, air conditioning, ceiling fans and lighting. Located in Koreatown the building benefits from gentrification and an increasing rental market. Several units have drastically below market lease rates and, upon unit turnover and renovation, can have their lease rates taken to market.

Listing description from the August 2022 sale, as reported to CRMLS.

Sale history

$3,150,000

Sold August 2022 · listed $3,195,000, on market July 2022 · MLS #22176911 · Source: CRMLS

Listing Agent: Brent Sprenkle · Listing Office: Berkadia · Contact: 310-209-3200 · Bought with: Michael Shokrian · Michael Isaac Shokrian

$2,030,000

Sold May 2017 · listed $2,095,000, on market March 2017 · MLS #SR17063519 · Source: CRMLS

Listing Agent: Anie Mayelian · Listing Office: Keller Williams Encino-Sherman · Contact: 818-380-5100 · Bought with: Anie Mayelian · Keller Williams Encino-Sherman

Explore Los Angeles