Active Under Contract

1247 W 8th Street

Los Angeles, CA 90017
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Bed 8

Bed

Bath 0

Bath

SqFt6,762

Sqft

SqFt5,508

Sqft(Lot)

We are pleased to present a twelve (12) unit apartment building located at 1247 W 8th St in Los Angeles, California. The subject property is located in a solid Westlake location, north of Olympic Blvd and west of Union Ave. Located in the Westlake neighborhood adjacent to Downtown Los Angeles, 1247 W 8th St features a solid unit mix of four studio units and eight one-bedroom units, with one unit delivered vacant and approximately 30% rental upside potential. The asset is separately metered for gas and electricity, features new electric panels, and operates as a strong cashflow investment at approximately 170 basis points above current debt. Residents benefit from immediate access to the 110 Freeway, Metro A and B Lines, major commercial corridors, and nearby amenities including MacArthur P ark, LA Live, Crypto.com Arena, dining destinations, entertainment venues, grocery options, and nightlife throughout Downtown Los Angeles and surrounding neighborhoods. With its central Westlake location, solid unit mix, immediate transit and freeway access, one vacant unit, and solid rental upside potential, the property offers investors a compelling opportunity to capitalize on long-term multifamily demand near Downtown Los Angeles.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,300,000

AD Id : 79260643

MLS Id : 26838607

Beds : 8

Lot Size : 5,508 Sqft

Living Area Size : 6,762

Year Built : 1910

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 12

  • Building Information

    Year Built: 1910
    Building Area Total: 6762
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 5508 Lot Size Acres: 0.1264 Lot Size Square Feet: 5,508

  • Listing Price Information

    Listing Price: $1300000

  • Tax Information

    Parcel Number: 5143011012

  • Location Information

    Direction: North of Olympic Blvd and west of Union Ave
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1344 W 4th Street, Los Angeles, CA, 90017 $3,995,000 -- 20 7,700 7,700 SqFt
801 S Grand #1611, Los Angeles, CA, 90017 $749,000 2 2 1,580 1,580 SqFt
410 Witmer Street, Los Angeles, CA, 90017 $1,925,000 -- 20 7,999 7,999 SqFt
318 Columbia Avenue, Los Angeles, CA, 90017 $2,250,000 11 8 4,444 4,444 SqFt
401 Witmer Street, Los Angeles, CA, 90017 $3,150,000 6 -- 8,776 8,776 SqFt
1100 Wilshire Boulevard.., Los Angeles, CA, 90017 $465,000 1 1 680 680 SqFt
877 Francisco Street #1.., Los Angeles, CA, 90017 $775,000 1 2 975 975 SqFt
517 Loma, Los Angeles, CA, 90017 $3,200,000 -- -- 8,704 8,704 SqFt
889 Francisco Street #3.., Los Angeles, CA, 90017 $498,000 -- 1 480 480 SqFt
1311 Ingraham Street, Los Angeles, CA, 90017 $1,750,000 1 -- 10,380 10,380 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 11:34

MLS: 26838607 LISTED BY: Kian Maronde, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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