Your First Name*

Please enter your first name

Your Last Name*

Please enter your last name

Your Email*

Please enter a valid email address

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

945 characters remaining

We will automatically send your friend a one-time email inviting them to visit this listing. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of the referral program. (Terms of Use)

thank you

Your email has been sent.

8th St Apartments 2809 W 8th St 24 Unit Apartment Building $2,655,000 ($110,625/Unit) 5.67% Cap Rate Los Angeles, CA 90005

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Seller Financing! Seller will carry a 1st Trust Deed at 70% LTV
$199.77 PPF
8.81 GRM

Updated Electrical!
Prime Koreatown Location
$110,625 PPU

EXECUTIVE SUMMARY

Seller Financing! Seller will carry a 1st Trust Deed at 70% LTV. Updated Electrical!
2809 8th St offers a prime Koreatown investment
opportunity with a well-maintained 24-unit apartment
building.This asset features a desirable mix of studio units—ideal for
maximizing occupancy and rental income in one of
Los Angeles’ most vibrant and high-demand
neighborhoods. With a strong GRM of 8.54 and a
healthy CAP rate of 5.89%, this investment provides
solid cash flow and long-term appreciation potential.
Located near major transit lines, popular dining, and
retail corridors, this fully occupied property is shown
exclusively to accepted offers.

2809 8th St _compressed

PROPERTY FACTS

Price	$2,655,000	Apartment Style	Low-Rise
Price Per Unit	$110,625	Building Class	C
Sale Type	Investment	Lot Size	0.40 AC
Cap Rate	5.67%	Building Size	14,322 SF
Sale Condition	1031 Exchange	No. Stories	3
Gross Rent Multiplier	8.81	Year Built	1923
No. Units	24	Parking Ratio	1.68/1,000 SF
Property Type	Multifamily	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Apartment
Zoning	C2-4, City of L.A.

Price	$2,655,000
Price Per Unit	$110,625
Sale Type	Investment
Cap Rate	5.67%
Sale Condition	1031 Exchange
Gross Rent Multiplier	8.81
No. Units	24
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.40 AC
Building Size	14,322 SF
No. Stories	3
Year Built	1923
Parking Ratio	1.68/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C2-4, City of L.A.

UNIT AMENITIES

Air Conditioning

Heating

Kitchen

Oven

SITE AMENITIES

Gated

UNIT MIX INFORMATION

DESCRIPTION	NO. UNITS	AVG. RENT/MO	SF
Studios	24	-	475

1 of 1

Walk Score®

Walker's Paradise (93)

Transit Score®

Excellent Transit (82)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	5077-019-010	Improvements Assessment	$1,020,000
Land Assessment	$2,259,300	Total Assessment	$3,279,300

PROPERTY TAXES

Parcel Number

5077-019-010

Land Assessment

$2,259,300

Improvements Assessment

$1,020,000

Total Assessment

$3,279,300

(310) 383-5927

CONTACTS

Chase Simonton
John Sarna
RE/MAX One Commercial

Listing ID: 37295976
Date on Market: 8/15/2025
Last Updated:
Address: 2809 W 8th St, Los Angeles, CA 90005

1 of 10

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1/10

2809 W 8th St, Los Angeles, CA for sale Building Photo- Image 1 of 10 — dji_fly_20250706_113920_241_1754344870678_photo_optimized

2809 W 8th St, Los Angeles, CA for sale Building Photo- Image 2 of 10 — dji_fly_20250706_113906_239_1754344871560_photo_optimized

2809 W 8th St, Los Angeles, CA for sale Building Photo- Image 3 of 10 — dji_fly_20250706_113814_233_1754344882393_photo_optimized

2809 W 8th St, Los Angeles, CA for sale Building Photo- Image 4 of 10 — dji_fly_20250706_114132_250_1754344865005_photo_optimized

2809 W 8th St, Los Angeles, CA for sale Building Photo- Image 5 of 10 — dji_fly_20250706_114148_252_1754344864059_photo_optimized

2809 W 8th St, Los Angeles, CA for sale Building Photo- Image 6 of 10 — dji_fly_20250706_114152_253_1754344863616_photo_optimized

2809 W 8th St, Los Angeles, CA for sale Building Photo- Image 7 of 10 — dji_fly_20250706_114202_256_1754344862289_photo_optimized

2809 W 8th St, Los Angeles, CA for sale Building Photo- Image 8 of 10 — dji_fly_20250706_114224_259_1754344860972_photo_optimized

2809 W 8th St, Los Angeles, CA for sale Building Photo- Image 9 of 10 — dji_fly_20250706_114238_261_1754344860099_photo_optimized

1 of 1

You are being redirected to complete the bid registration process.