1247 West 8th Street Los Angeles, CA ^$ 1,450,000

1247 West 8th Street

^$ 1,450,000

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1247 West 8th Street

Los Angeles, CA, 90017

^$ 1,450,000

Studio Baths0.0 Sq 6,762

Monthly Estimate*

^$ 9,046

1247 West 8th Street, Los Angeles, CA 90017 - Image 1

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,450,000. This 6,762 square foot home was built in 1910 on a lot size of 0.13.

We are pleased to offer for sale a 12-unit apartment community located at 1247 West 8th Street. The subject property is situated west of the 110 Freeway and south of Wilshire Boulevard. Positioned on a 5,508-square-foot parcel, the property is comprised of four studios and eight one-bedroom units and is being offered at an attractive basis of 7.98 GRM and $120,833 per unit, with 24% remaining rental upside through unit renovations. The property is in close proximity to multiple venues for the 2028 Summer Olympics, including the LA Memorial Coliseum, Crypto.com Arena, and BMO Stadium, which bode well for the long-term prospects of the neighborhood.1247 West 8th Street offers investors a compelling opportunity to acquire an asset with a strong value-add component and to capitalize on the continued westward expansion and revitalization of the Downtown submarket. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.

Multi-Family Active

Price

^$ 1,450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.13

Year Built

1910

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025601441

Features

General

Living Area 6762.0

Sewer None

Zoning LACW

Year Built 1910

Levels Two

County Los Angeles

Net Operating Income 81824.0

New Construction No

Property Type C

HOA No

Status Active

City Los Angeles

Senior Community Y/N No

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 5508.0

Standard Status Active

Year Built Source Assessor

Exterior

Lot Size Area 5508.0

Pool Y/N? Yes

Building Area Total 6762.0

Lot Size Acres 0.13

Land Lease Type Fee

Interior

Total Stories 2

Total Baths 0

* Excluded Features

List By

Sean Rosenzweig

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$9,046

Per Month

Monthly Principal & Interest: $9,046
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,903,962

Percent of Sale Price 31%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/4/2025	$1,450,000		Listed Price

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1247 West 8th Street, Los Angeles, CA, 90017 is a Multi-Family Home for sale at $1,450,000 with 6,762 sqft and a lot size of 0.13. 1247 West 8th Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 90017 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 12/17/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1247 West 8th Street

Multi-Family Home for sale in Los Angeles, CA

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