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1214 W 8th St
Los Angeles, CA 90017 City West

$3,685,000 USD

Apartments For Sale  •  13,385 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,385 SF
  • Building Class C
  • Year Built 1923
  • Zoning LACW
100 Transit Score
80 Walk Score

Highlights

Marcus & Millichap is pleased to present 1214 W 8th Street, a 37-unit SRO apartment building in the Westlake submarket of Los Angeles.
Unit mix includes 21 SRO units with shared bathrooms & 16 SRO units with private en-suite bathrooms, plus one retail space, currently a mini market.
Converted to residential use in 2010, it received new tile flooring, doors, sinks and faucets, fresh paint, smoke detectors, and a security system.
The building has operated as a stabilized income-producing asset for over a decade since.
Has large lobby, ground-floor leasing office, & basement storage area about a 1/4 size of the building footprint not included in recorded 12,936 SF.
Income is further supplemented by a large billboard with direct 8th Street frontage and the ground-floor retail space.

Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Trash Pickup - Curbside
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
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)) 7 min - 3.0 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)) 2 min 13 min 0.6 mi
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 17 min 0.9 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
Los Angeles International 25 min - 14.1 mi
Bob Hope 26 min - 17.7 mi
Long Beach (Daugherty Field) 31 min - 22.3 mi
Neema Ahadian 310-909-5444 Marcus & Millichap
Neema Ahadian 310-909-5444 Marcus & Millichap