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Sold for $1,300,000 on 07/01/25
  • $1,300,000

    2030 S 8th Ave, Los Angeles, CA 90018

    4beds
    4baths
    4,540sqft
    Multi Family
    Built in 1913
    -- sqft lot
    $1,299,700 Zestimate®
    $286/sqft
    $-- Estimated rent

    What's special

    Discover this well-maintained 4-unit apartment building situated in one of Los Angeles' strong rental markets. Spanning approximately 4,540 sq.ft. across two stories, the property offers four oversized 1-bedroom, 1-bath units each around 1,130 sq.ft. providing significantly more living space than typical one-bedroom units in the area. Three of the four units have been tastefully renovated and are in excellent condition. The owner-occupied ground-floor unit will be delivered vacant at closing, allowing flexibility for an owner-user or added rental income. The current rental income from the three occupied units totals $5,570/month, with market rent projections of approximately $2,200/month per unit. At full occupancy, the estimated gross monthly income is $7,770 delivering a solid 5.23% CAP Rate. Located in a highly desirable and rentable neighborhood, the property benefits from strong tenant demand and minimal vacancy. A gated parking lot adds both security and convenience, enhancing tenant appeal and supporting stable rental performance.With spacious interiors, secure parking, and immediate income potential, this property is ideal for investors seeking reliable cash flow, long-term appreciation, and minimal management hassle. Don't miss out on this clean, stabilized 4-unit with upside potential and dependable returns.

    Zillow last checked: 7 hours ago

    Listing updated: July 01, 2025 at 05:51pm

    Listed by:

    'Amy'Mi Soon Kim DRE # 02063096 626-720-6676,

    Hanbada Realty Inc. 626-720-6676

    Bought with:

    Jacob Mkhitarian, DRE # 02039151

    Markarian Realty

    Source: CLAW,MLS#: 25541981MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Wall
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dryer, Dishwasher, Washer, Refrigerator, Range/Oven, Disposal, Gas Water Heater
    • Laundry: In Unit
    Features
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 4,540
    • Total interior livable area: 4,540 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, Gated
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 7,501 sqft
    • Features: City Lot
    Details
    • Additional structures: None
    • Zoning: LARD2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Updated/Remodeled
    • Year built: 1913

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Security
    • Security features: Gated, Smoke Detector(s)
    Location
    • Region: Los Angeles
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,299,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,299,700