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$ 1,350,000
Est. payment | /mo
7,322 Sqft Lot
$ 1,350,000
Est. payment | /mo
7,322 Sqft Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26088056
HOA Y/N No
Year Built 1909
Lot Size 7,322 Sqft
Property Sub-Type Apartment
Property Description
2214 W. 8th Street is a nine (9) unit apartment complex located in the Westlake neighborhood of Los Angeles. The property sits one block away from MacArthur Park and the Westlake/MacArthur Park Metro Line. Tenants have easy access to a multitude of dining and entertainment options within walking distance. The opportunity consists of seven (7) large two-bedroom units and two (2) spacious one-bedroom units spread across 8,760 rentable square feet. Each unit is separately metered for gas and select units have their own private balconies. While the units have been kept in good condition over the decades, there is approximately 42% rental upside that can be achieved as the units turnover.
Location
State CA
County Los Angeles
Area C23 - Metropolitan
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5141022017
Energy Description 541.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Andres Diaz FACTIO GROUP 323-376-2469, DRE #01956479
Nearby Locations
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Stacey Niermann
REALTOR® | Lic# DRE# 02167751