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8118 S Western Avenue, Los Angeles, CA 90047

Property · 2 recorded sales since 2014

8118 S Western Avenue, Los Angeles, CA 90047 Sold July 2026 CRMLS
$2,300,000Sold July 2026

Listing Office: Marcus & Millichap · Contact: 424-405-3900 · MLS #26633905 · Source: CRMLS

20
Bedrooms
18
Bathrooms
11,810
Sq Ft
12,740 sqft
Lot Size
1960
Year Built
Property
Type
2
Stories
None
Cooling
WallFurnace
Heating

How this sale compares

8118 S Western Avenue sold for $2,300,000 in July 2026, 16% under its $2,750,000 list price, after 133 days on the market. It was first listed at $3,000,000. That works out to $195 per square foot on 11,810 square feet. Across 160 closed sales in 90047 over the last 12 months, the median sold price is $730,000 and the median is $516 per square foot, 165% above this sale's $195.

$195
This sale, per sq ft
$516
90047 median per sq ft (12 mo)
$730,000
90047 median sold price (12 mo)
160
Closed sales in 90047 (12 mo)
133
Days on market
−16%
Sold vs. list price
QuarterClosed sales in 90047Median sold price
Q1 202621$715,000
Q2 202671$737,000
Q3 202662$715,000
Q4 20266$763,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90047

Description

We are pleased to present 8118 S Western Avenue in Los Angeles, CA, an 18-unit apartment building offering strong in-place income and a compelling value-add opportunity. The property features a desirable unit mix of 16 one-bedroom units and 2 two-bedroom units, providing immediate cash flow with upside through unit upgrades and operational efficiencies. The asset includes 17 gated parking spaces and has benefited from recent capital improvements, including a new roof (2022), soft-story seismic retrofit (2021), new water heaters (2021), and electrical upgrades (2016). Strategically located approximately 6.5 miles from SoFi Stadium, Intuit Dome, and Hollywood Park, and borderingInglewood zip codes, the property is positioned near major redevelopment corridors, transit, and retail supporting strong tenant demand and long-term appreciation within the City of Los Angeles. For more information, please reach out.

Listing description from the July 2026 sale, as reported to CRMLS.

Sale history

$2,300,000
Sold July 2026 · listed $2,750,000, orig. $3,000,000, on market January 2026, 133 days on market · MLS #26633905 · Source: CRMLS
Listing Office: Marcus & Millichap · Contact: 424-405-3900
$1,595,000
Sold May 2014 · on market January 2014, 92 days on market · MLS #IN14008958 · Source: CRMLS
Listing Agent: Jay Dharmasuriya · Listing Office: Real Estate Brokerage Group · Contact: 310-851-6700 · Bought with: Albert Morell · Keller Williams Beverly Hills

Recent sales near 8118 S Western Avenue

Closed sales reported in 90047, nearest first, last 12 months. All recent sales in Los Angeles →

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Sale history for this address is based on MLS-reported closed transactions provided through CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Nalren does not provide price estimates or valuations.

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