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Listed by Douglas Olsen • Olsen Realty
$ 3,850,000
Est. payment /mo
New
2011 8th Los Angeles, CA 90018
7,780 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25255700
Year Built 2025
Lot Size 7,780 Sqft
Source California Regional MLS
Property Description
Modern 4 Unit plus 1 ADU totaling 23-Bed | Brand-New in Prime Los Angeles! Apx. Proforma Each unit monthly income on 2011 & 2011½ $5,700 and comes with 2 covered parking spaces And also each unit number on 2013 & 2013½ $6,000 monthly includes 2 covered parking spaces. Plus one ADU on unit number 2011¾ $3,500 moonthly. Outstanding investment opportunity featuring new construction in a highly desirable central Los Angeles location. Together, offering each unit showcases a modern open layout with quality finishes, spacious interiors, designer kitchens, and in-unit laundry. separate utility meters, and solar, all designed for low maintenance and strong rental demand. Apx. Pro forma income is approximately $322,800 yearly, $26,900 monthly. Ideal for 1031 exchange buyers, short or long-term investors seeking excellent cash flow and appreciation potential. Conveniently located near Koreatown, USC, Downtown LA, just 3.7 miles to The Grove, 2.8 miles to USC, and close to major freeways.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Laundry Other
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 5060017024
Special Listing Condition Not Applicable
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