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

1247 W 8th Street

^$ 1,450,000

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1247 W 8th Street

Los Angeles, CA, 90017

^$ 1,450,000

Bedrooms8 Baths4.0 Sq 6,762

Monthly Estimate*

^$ 9,046

Listed by Marcus & Millichap

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

1247 W 8th Street, Los Angeles, CA 90017 - Image 2

1247 W 8th Street, Los Angeles, CA 90017 - Image 3

1247 W 8th Street, Los Angeles, CA 90017 - Image 4

1247 W 8th Street, Los Angeles, CA 90017 - Image 5

1247 W 8th Street, Los Angeles, CA 90017 - Image 6

1247 W 8th Street, Los Angeles, CA 90017 - Image 7

1247 W 8th Street, Los Angeles, CA 90017 - Image 8

1247 W 8th Street, Los Angeles, CA 90017 - Image 9

1247 W 8th Street, Los Angeles, CA 90017 - Image 10

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Multi-Family Home for sale in Los Angeles, CA

for $1,450,000 with 8 bedrooms and 4 full baths. This 6,762 square foot home was built in 1910 on a lot size of 0.1264.

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

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1264

Year Built

1910

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25601441

Days on Market

Features

General

Living Area 6762

Zoning LACW

Year Built 1910

Stories Count 2

Levels Two

Gross Income 181793

County Los Angeles

Net Operating Income 81824

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions West of the 110 Freeway and South of Wilshire Boulevard

City Los Angeles

Senior Community Y/N false

Number Of Units Total 12

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 5508

Standard Status Active

Year Built Source Assessor

Cap Rate 5.64

Interior

Total Stories 2

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 8

Total Baths 12

Exterior

Parking Features None

Total Parking 0

Lot Size Area 5508

Number of Buildings 1

Building Area Total 6762

Lot Size Acres 0.1264

Lot Size Source Assessor

* Excluded Features

List By

Marcus & Millichap

Broker

thesrgroup@marcusmillichap.com

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$9,046

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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 ^$1,904,395

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,450,000		Listed Price

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1247 W 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 0.1264. 1247 W 8th Street has 8 bedrooms, 4.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1247 W 8th Street

Multi-Family Home for sale in Los Angeles, CA

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