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2809 W 8TH Street

Los Angeles (City), CA 90005
  • $3,650,000
  • STATUS: Active
  • ON SITE: 394 Days
  • ID#: 22154366
UPDATED: 71 min ago
$3,650,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,290
    SQFT
  • $275
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Chase Simonton of Re/Max One (818-366-3300)


Description

Both Properties are wood frame and stucco and are individually metered for Gas & Electric. 2-Building Portfolio Sale Located at 2910 Leeward Ave & 2809 8th Street in Prime Mid-Wilshire. This is an incredible opportunity to own two adjacent properties, separate APN's, totaling 54 units. 2910 Leeward Ave is a 30-unit with a mix of two bedrooms, one bedrooms, and singles. 2809 8th Street is a 24-unit building with all singles. Together, both buildings combine for 35,910 rentable square feet and sit on a combined 17,385 square foot lot zoned LAR4, Opportunity Zone. The units are large in size and extremely clean with upgrades. Please do not disturb the tenants. All showings will be subject to an accepted offer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T17:38:46.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/128520999
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2809 W 8TH Street Los Angeles (City), CA 90005

  • Price: $3,650,000
  • Status: Active
  • On Site: 394 Days
  • Updated: 71 min ago
  • ID#: 22154366
0
Beds
0
Baths
0
½ Baths
0.14
Acres
13,290
SQFT
$275
$/SQFT
1923
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
Both Properties are wood frame and stucco and are individually metered for Gas & Electric. 2-Building Portfolio Sale Located at 2910 Leeward Ave & 2809 8th Street in Prime Mid-Wilshire. This is an incredible opportunity to own two adjacent properties, separate APN's, totaling 54 units. 2910 Leeward Ave is a 30-unit with a mix of two bedrooms, one bedrooms, and singles. 2809 8th Street is a 24-unit building with all singles. Together, both buildings combine for 35,910 rentable square feet and sit on a combined 17,385 square foot lot zoned LAR4, Opportunity Zone. The units are large in size and extremely clean with upgrades. Please do not disturb the tenants. All showings will be subject to an accepted offer.
Exterior Features

Parking Features None Parking Total 20

Interior Features

Cooling None Cooling YN No Heating None Heating YN No

Property Features

Association YN No Cap Rate 4.08 Gross Income 264975 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 148901 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lar4



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T17:38:46.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Chase Simonton of Re/Max One (818-366-3300)