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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$1,450,000

Est. payment - /mo

6,272 Sqft Lot

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26175998

HOA Y/N No

Year Built 1914

Lot Size 6,272 Sqft

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area Krea - Koreatown

Interior

Fireplace No

Laundry See Remarks

Exterior

Pool None

Community Features Urban

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5077020008

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Listed by John Chelius Property Works RE, Inc. 310-722-0360, DRE #01936287

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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2765 W 8th Los Angeles, CA 90005

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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