We are pleased to present a twelve (12) unit apartment building located at 1247 W 8th St in Los Angeles, California. The subject property is located in a solid Westlake location, north of Olympic Blvd and west of Union Ave. Located in the Westlake neighborhood adjacent to Downtown Los Angeles, 1247 W 8th St features a solid unit mix of four studio units and eight one-bedroom units, with one unit delivered vacant and approximately 30% rental upside potential. The asset is separately metered for gas and electricity, features new electric panels, and operates as a strong cashflow investment at approximately 170 basis points above current debt. Residents benefit from immediate access to the 110 Freeway, Metro A and B Lines, major commercial corridors, and nearby amenities including MacArthur Park, LA Live, Crypto.com Arena, dining destinations, entertainment venues, grocery options, and nightlife throughout Downtown Los Angeles and surrounding neighborhoods. With its central Westlake location, solid unit mix, immediate transit and freeway access, one vacant unit, and solid rental upside potential, the property offers investors a compelling opportunity to capitalize on long-term multifamily demand near Downtown Los Angeles.
Property Details
Price:
$1,300,000
MLS #:
26838607
Status:
Active
Beds:
8
Baths:
12
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
May 26, 2026
Finished Sq Ft:
6,762
Total Sq Ft:
6,762
Lot Size:
5,508 sqft / 0.13 acres (approx)
Year Built:
1910
See this Listing
Schools
Interior
Levels
U
Exterior
Financial
Map
Community
- Address1247 W 8th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90017
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 28, 2026
6,839
Single Family Listed
87
Avg DOM
430
Avg $ / SqFt
$1,687,295
Avg List Price
Property Summary
- 1247 W 8th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90017. It is listed for $1,300,000 and features 8 beds, 12 baths, and has approximately 6,762 square feet of living space, and was originally constructed in 1910. The current price per square foot is $192. The average price per square foot for Single Family listings in Los Angeles is $430. The average listing price for Single Family in Los Angeles is $1,687,295.
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