Under Contract

3155 E 8th Street

Los Angeles, CA 90023
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Bed 0

Bed

Bath 0

Bath

SqFt2,018

Sqft

SqFt5,096

Sqft(Lot)

3155 E 8th St is a 4-Unit Turnkey property to be delivered FULLY VACANT by close of escrow. 3155 E 8th St presents a unique opportunity in the heart of Boyle Heights, with updated electrical panels. It includes four spacious 1-Bed/1- Bath units, all delivered vacant, offering a prime opportunity for an investor or owner-occupier. The property features 8 uncovered parking spaces in the rear can be converted to two stacked ADUs. With this addition, the cap rate will jump from an already attractive 8.02%, offering substantial returns. Built in 1961, this asset is a cash cow with the ability to stabilize and generate significant cash flow. For owner-users, it’s a perfect opportunity to occupy one unit, have the additional three units cover your mortgage. The "owner's unit" features a large private patio that can be converted into additional parking as well. Located in the heart of Boyle Heights, a vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, Boyle Heights offers a dynamic blend of residential charm, thriving local businesses, and a vibrant arts scene. It is in close proximity to the train line stop and within walking distance of Hollenbeck Park, restaurants, bars and nightlife.

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Detail Ic Property Details

Property Type : Residential Income

Price : $895,000

AD Id : 77817686

MLS Id : SB26092673

Lot Size : 5,096 Sqft

Living Area Size : 2,018

Year Built : 1961

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1961 Building Area Total: 2,018
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.117
  • Lot Size Source: Assessor Lot Size Square Feet: 5096

  • Listing Price Information

    Original List Price: 895,000 Listing Contract Date: 2026-04-29
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5190011024

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: BOYH - Boyle Heights Directions: East of Soto St and West of Lorena St Source Property Type: Residential Income Area: BOYH - Boyle Heights Property SubType: Apartment
  • Building and Construction

    Property Age: 65 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Front
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
646 S Record Avenue, Los Angeles, CA, 90023 $799,999 3 1 1,280 1,280 SqFt
601 S Record Avenue, Los Angeles, CA, 90023 $1,100,000 -- -- 2,256 2,256 SqFt
1362 South Downey Road, Los Angeles, CA, 90023 $828,000 4 1 1,427 1,427 SqFt
1059 Record Avenue, Los Angeles, CA, 90023 $699,900 4 2 1,746 1,746 SqFt
1034 S Herbert, Los Angeles, CA, 90023 $2,100,000 -- -- 5,616 5,616 SqFt
803 S Rowan, Los Angeles, CA, 90023 $700,000 3 2 1,369 1,369 SqFt
600 S Ditman Avenue, Los Angeles, CA, 90023 $899,000 4 -- 2,224 2,224 SqFt
1259 S Alma, Los Angeles, CA, 90023 $459,000 2 1 620 620 SqFt
3538 Siskiyou Street, Los Angeles, CA, 90023 $775,000 6 -- 3,202 3,202 SqFt
729 S Bernal, Los Angeles, CA, 90023 $749,000 6 3 2,250 2,250 SqFt

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ByOwner last updated this listing 06/09/2026 @ 23:55

MLS: SB26092673 LISTED BY: Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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