We are pleased to offer for sale a 12-unit apartment community located at 1247 West 8th Street. The subject property is situated west of the 110 Freeway and south of Wilshire Boulevard. Positioned on a 5,508-square-foot parcel, the property is comprised of four studios and eight one-bedroom units and is being offered at an attractive basis of 7.98 GRM and $120,833 per unit, with 24% remaining rental upside through unit renovations. The property is in close proximity to multiple venues for the 2028 Summer Olympics, including the LA Memorial Coliseum, Crypto.com Arena, and BMO Stadium, which bode well for the long-term prospects of the neighborhood.1247 West 8th Street offers investors a compelling opportunity to acquire an asset with a strong value-add component and to capitalize on the continued westward expansion and revitalization of the Downtown submarket. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.
Property Details
Price:
$1,450,000
MLS #:
25601441
Status:
Active
Beds:
8
Baths:
12
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Oct 3, 2025
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 03, 2026
10,139
Single Family Listed
88
Avg DOM
496
Avg $ / SqFt
$1,532,972
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 $1,450,000 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 $214. The average price per square foot for Single Family listings in Los Angeles is $496. The average listing price for Single Family in Los Angeles is $1,532,972.
Similar Listings Nearby
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1247 W 8th ST
Los Angeles, CA