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1231 W 8th St
Los Angeles, CA 90017

$1,400,000 USD

Apartments For Sale  •  7,143 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,143 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1907
  • Cap Rate 7.81 %
  • Zoning CW
96 Transit Score
93 Walk Score

Highlights

Receivership Sale
Value Add SRO through aggressive management and lease up
Well located asset adjacent to Downtown Los Angeles

Property Flyers

Cap Rate: 7.81 %

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 6 min - 2.6 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 2.7 mi
Transit/SubwayDriveWalkDistance
7Th Street/Metro Center Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 13 min 0.7 mi
Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 16 min 0.8 mi
Pico Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 0.9 mi
AirportDriveWalkDistance
Bob Hope 24 min - 14.2 mi
Los Angeles International 24 min - 14.5 mi
Long Beach (Daugherty Field) 30 min - 22.7 mi
Robert Leveen 310-428-7580 Lee & Associates
Robert Leveen 310-428-7580 Lee & Associates