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For sale
  • Listed by: Property Works RE, Inc. • John Chelius • Contact: 310-722-0360
    $1,450,000

    2765 W 8th St, Los Angeles, CA 90005

    12beds
    8baths
    4,408sqft
    : 
    $8,955/mo
    Get pre-qualified
    Multi Family
    Built in 1914
    -- sqft lot
    $1,104,900 Zestimate®
    $329/sqft
    $-- HOA

    What's special

    2765 W 8th St — a fully renovated four-unit apartment building in the heart of Koreatown, offered at $1,450,000 ($362,500/unit) at a 5.84% current cap and 6.48% pro forma. Rare all-three-bedroom unit mix: four spacious 3BR/2BA homes of ~1,102 SF each with updated kitchens and baths. The 2015 gut renovation replaced the major systems — electrical wiring and subpanels, plumbing and drain lines, roof, and windows — plus a full interior refresh, meaning minimal near-term capex for the next owner. Eight secured on-site parking spaces in a rear lot, a genuine rarity in K-Town. In-place rents sit within ~7% of market, so RSO caps have limited near-term impact on yield. Major upside: SB 1211 permits up to four detached ADUs on the rear lot by ministerial approval with no replacement parking required. Below the $5M Measure ULA threshold. ~0.6 mi to Metro Wilshire/Vermont; minutes to DTLA, Hollywood, and the Westside. Buyer to verify all information.
    4 days
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    41
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    Zillow last checked:

    Listing updated:

    Listed by:

    John Chelius DRE #01936287 310-722-0360,

    Property Works RE, Inc.

    Source: CRMLS,MLS#: PW26175998MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 8
      Appliances
      • Laundry: See Remarks
      Features
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 4,408
      • Total interior livable area: 4,408 sqft

      Property

      Parking
      • Total spaces: 8
      • Uncovered spaces: 8
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Front Door
      • Pool features: None
      Lot
      • Size: 6,271 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 5077020008
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1914

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Urban
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $329/sqft
      • Tax assessed value: $865,348
      • Annual tax amount: $11,046
      • Date on market: 8/11/2026
      • Listing terms: Cash

        Estimated market value

        $1,104,900

        $939,000 - $1.28M

        $2,735/mo

        Price history

        DateEventPrice
        8/12/2026Listed for sale$1,450,000+98.4%$329/sqft
        Source: CRMLS #PW26175998 Report a problem
        5/13/2025Listing removed$2,695$1/sqft
        Source: Zillow Rentals Report a problem
        5/12/2025Price change$2,695-2%$1/sqft
        Source: Zillow Rentals Report a problem
        5/5/2025Price change$2,750-1.6%$1/sqft
        Source: Zillow Rentals Report a problem
        4/16/2025Price change$2,795+5.4%$1/sqft
        Source: Zillow Rentals Report a problem
        4/8/2025Price change$2,653-8.4%$1/sqft
        Source: Zillow Rentals Report a problem
        2/3/2025Listed for rent$2,895-3.3%$1/sqft
        Source: Zillow Rentals Report a problem
        2/22/2024Listing removed--
        Source: Zillow Rentals Report a problem
        1/16/2024Listed for rent$2,995$1/sqft
        Source: Zillow Rentals Report a problem
        7/22/2020Listing removed$2,995$1/sqft
        Source: Zillow Rental Manager Report a problem
        6/21/2020Listed for rent$2,995+19.8%$1/sqft
        Source: Zillow Rental Manager Report a problem
        3/29/2016Listing removed$2,500$1/sqft
        Source: Property Works, Inc Report a problem
        3/14/2016Listed for rent$2,500$1/sqft
        Source: Property Works, Inc Report a problem
        8/18/2015Sold$731,000+18.3%$166/sqft
        Source: Public Record Report a problem
        11/6/2013Sold$617,900+201.4%$140/sqft
        Source: Public Record Report a problem
        9/30/1999Sold$205,000-4.2%$47/sqft
        Source: Public Record Report a problem
        3/10/1999Sold$213,966-7%$49/sqft
        Source: Public Record Report a problem
        7/25/1997Sold$230,000+76.9%$52/sqft
        Source: Public Record Report a problem
        4/4/1996Sold$130,000+76.1%$29/sqft
        Source: Public Record Report a problem
        8/24/1995Sold$73,829$17/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,046 +1.5%$865,348 +2%
        2024$10,886 +1.9%$848,382 +2%
        2023$10,688 +4.7%$831,748 +2%
        2022$10,212 +1.4%$815,440 +2%
        2021$10,067 -0.9%$799,452 +1%
        2020$10,163 $791,256 +2%
        2019$10,163 +5.4%$775,742 +2%
        2018$9,639 $760,532 +2%
        2017$9,639 +2.1%$745,620 +2%
        2016$9,439 +2.7%$731,000 +14.7%
        2015$9,190 -4.8%$637,487 -15%
        2014$9,649 $750,000 +164.9%
        2012-- $283,102 +2%
        2011-- $277,552 +0.8%
        2010-- $275,479 -0.2%
        2009-- $276,135 +12%
        2008-- $246,492 +2%
        2007-- $241,660 +2%
        2006-- $236,923 +2.8%
        2005-- $230,559 +4%
        2004-- $221,607 +1.9%
        2003-- $217,547 +2%
        2002-- $213,282 +4%
        2000-- $205,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Koreatown

        Getting around

        96 / 100
        Walker's Paradise
        83 / 100
        Excellent Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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