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8118 S Western Ave, Los Angeles, CA, 90047

20beds
18baths
11,810sqft
$2,750,000
$233price/sqft
$18,454/moest. monthly cost
$738,160/yrincome needed

About This Home

We are pleased to present 8118 S Western Avenue in Los Angeles, CA, an 18-unit apartment building offering strong in-place income and a compelling value-add opportunity. The property features a desirable unit mix of 16 one-bedroom units and 2 two-bedroom units, providing immediate cash flow with upside through unit upgrades and operational efficiencies. The asset includes 17 gated parking spaces and has benefited from recent capital improvements, including a new roof (2022), soft-story seismic retrofit (2021), new water heaters (2021), and electrical upgrades (2016). Strategically located approximately 6.5 miles from SoFi Stadium, Intuit Dome, and Hollywood Park, and borderingInglewood zip codes, the property is positioned near major redevelopment corridors, transit, and retail supporting strong tenant demand and long-term appreciation within the City of Los Angeles. For more information, please reach out.

Getting Around

79
WalkingVery Walkable
52
TransitGood Transit
56
BikeBikeable

Schools

Construction

Condition

  • Year built: 1960

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator,Disposal

Bedrooms & Bathrooms

  • Bedrooms: 20
  • Bathrooms: 18

Heating & Cooling

  • Heating features: Wall
  • Cooling features: None

Interior Area

  • Total structure area: 11,810
  • Total interior livable area: 11,810 sqft

Property

Details

  • Parcel number: 6034009003
  • Zoning: LAC2
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 0.29 Acres

Parking

  • Total spaces: 17
  • Parking features: Gated