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.
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
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#: 25541981

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
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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