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.
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
Multi Family
Built in 1914
-- sqft lot
$1,104,900 Zestimate®
$329/sqft
$-- HOA
What's special
- 4 days |
- 41 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
John Chelius DRE #01936287 310-722-0360,
Property Works RE, Inc.
Source: CRMLS,MLS#: PW26175998
Originating 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
Zestimate®
$1,104,900
Estimated sales range
$939,000 - $1.28M
Rent Zestimate®
$2,735/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $1,450,000+98.4%$329/sqft |
Source: | ||
| 5/13/2025 | Listing removed | $2,695$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/12/2025 | Price change | $2,695-2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/5/2025 | Price change | $2,750-1.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/16/2025 | Price change | $2,795+5.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/8/2025 | Price change | $2,653-8.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/3/2025 | Listed for rent | $2,895-3.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/22/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/16/2024 | Listed for rent | $2,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/22/2020 | Listing removed | $2,995$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/21/2020 | Listed for rent | $2,995+19.8%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/29/2016 | Listing removed | $2,500$1/sqft |
Source: Property Works, Inc Report a problem | ||
| 3/14/2016 | Listed for rent | $2,500$1/sqft |
Source: Property Works, Inc Report a problem | ||
| 8/18/2015 | Sold | $731,000+18.3%$166/sqft |
Source: Public Record Report a problem | ||
| 11/6/2013 | Sold | $617,900+201.4%$140/sqft |
Source: Public Record Report a problem | ||
| 9/30/1999 | Sold | $205,000-4.2%$47/sqft |
Source: Public Record Report a problem | ||
| 3/10/1999 | Sold | $213,966-7%$49/sqft |
Source: Public Record Report a problem | ||
| 7/25/1997 | Sold | $230,000+76.9%$52/sqft |
Source: Public Record Report a problem | ||
| 4/4/1996 | Sold | $130,000+76.1%$29/sqft |
Source: Public Record Report a problem | ||
| 8/24/1995 | Sold | $73,829$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Est. payment
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Neighborhood: Koreatown
Nearby schools
GreatSchools rating
- 8/10Hoover Street Elementary SchoolGrades: K-5Distance: 0.1 mi
- 4/10RFK Community Schools-Ambassador School of Global LeadershipGrades: 6-12Distance: 0.7 mi
- 5/10RFK Community Schools Los Angeles High School Of The ArtsGrades: 9-12Distance: 0.7 mi
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