$1,375,000
 $7,381 est/mo Sourced by Back At You

2765 W 8th Street,Los Angeles, CA 90005

Los Angeles, CA 90005

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Description

2765 W 8th St | 4-Unit Multifamily, Koreatown. Originally built in 1914 and taken down to the studs and rebuilt in 2015, the property totals 4,408 SF on a 7,052 SF lot in the residential core of Koreatown. It is about a ten-minute walk from the Wilshire/Vermont Metro station and has a Walk Score of 96. All four units are 3BR/1BA averaging 1,102 SF, a family-sized configuration in a submarket dominated by singles and one-bedrooms, and they come with eight on-site parking spaces. The building is 100% occupied, with rents averaging $2,661 per month against a $2,750 market rent. Offered at $1,375,000 ($343,750/unit | $311.93/SF) with a 6.15% in-place cap rate, the real story is simplicity: rebuilt systems, near-market rents, and a 6.45% pro forma cap with ADU upside on top.

Details

MLS #26102018
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1914
Days On Site11
Listing Provided ByLyon Stahl Investment Real Estate, Inc. | Taylor Avakian

Features

Bed(s)6
Bath(s)4
SQ Feet4,408
Car PortYes
Units4
Building(s)1
ZoningLAC2
Acreage0.14

Interior

CoolingNone
HeatingNone
Heating Yes / NoNo
Cooling Yes / NoNo

Parking

Parking FeaturesCarport

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90005
AreaC17 Mid Wilshire
Listing VS Median (in 90005)
Price:
$1,375,000
low | high
Med:
$655,000
100% of Average
sqft:
4,408
low | high
Med:
1,140
100% of Average
$ / sqft:
$312
low | high
Med:
$575
34.193939393939% of Average
On site:
11
low | high
Med:
67
16.417910447761% of Average
Sourced by Back At You

Market Activity 90005

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Contact

Learn More About This Property

Jean Iovino

Jean Iovino

Desert Lifestyle Properties

02007087 (630) 333-7878jeansellsdesertlifestyle@gmail.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90005
AreaC17 Mid Wilshire
Listing VS Median (in 90005)
Price:
$1,375,000
low | high
Med:
$655,000
100% of Average
sqft:
4,408
low | high
Med:
1,140
100% of Average
$ / sqft:
$312
low | high
Med:
$575
34.193939393939% of Average
On site:
11
low | high
Med:
67
16.417910447761% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.031M - $1.718M
sqft: 3,000 - 5,500
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Listing Updated: October 14, 2026 at 5:10:22 PM PDT