2910 W 8Th Street, Los Angeles, CA 90005 - Berkshire Hathaway HomeServices California Properties
2910 W 8th Street Los Angeles, CA 90005
$4,300,000 7 beds, 43 baths
22, 400 sqft

Agent Remarks

We are pleased to present a 43-unit investment opportunity at 2910 W 8th St in Koreatown located between S Hoover St and Vermont Ave. The subject property totals 36 single units and seven one-bedrooms. Offered at $100,000 per unit at $192 PSF at a 6.30% CAP rate and 7.63 GRM on current income at the asking price with an additional 32% rental upside achievable as units turn. The building is separately metered for electric and has an on-site community laundry room leased with Wash with four washers and four dryers. High Walk Score of 97, close proximity to schools, employment, and transit options, this location makes it convenient for residents to commute throughout the city even without a vehicle. Walking distance to neighborhood retail along Vermont Ave; less than a mile from the Metro D Line rail station and steps from several Metro local lines along 8th St and Vermont Ave. Koreatown is one of the densest neighborhoods in Los Angeles, with about 120,000 people. With an estimated $1 billion invested in the development of Koreatown since the early 2000s and various development projects taking place, Koreatown remains one of the best areas to invest in.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25517279
List price is $4,300,000
Beds: 7
Baths: 43
Built in 1926
22,400 sqft
0.17 acres
Lot size: 0.1726
County: Los Angeles
Zoning: LAR4
Parking description: None
Heating/cooling: None
Heating description: None
MLS area: C17 - Mid-Wilshire

Last Updated: 4/3/2025

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This listing belongs to the C17 - Mid-Wilshire MLS area

Lat/Long: 34.057427, -118.289477.
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Listing Agent: Neema Ahadian
Lic#: 01234982
Office Name: Mission Viejo

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