2030 8th Avenue

Los Angeles CA 90018

4540 sq. ft.

7502 sq. ft.

Other

Last sold for $1,300,000

'Amy'Mi Soon Kim, last sold this property on 01 July 2025 after 40 days on market.

Overview

Discover this well-maintained 4-unit apartment building situated in one of Los Angeles' strong rental markets. Spanning approximately 4,540 sq.ft. across two stories, the property offers four oversized 1-bedroom, 1-bath units each around 1,130 sq.ft. providing significantly more living space than typical one-bedroom units in the area. Three of the four units have been tastefully renovated and are in excellent condition. The owner-occupied ground-floor unit will be delivered vacant at closing, allowing flexibility for an owner-user or added rental income. The current rental income from the three occupied units totals $5,570/month, with market rent projections of approximately $2,200/month per unit. At full occupancy, the estimated gross monthly income is $7,770 delivering a solid 5.23% CAP Rate. Located in a highly desirable and rentable neighborhood, the property benefits from strong tenant demand and minimal vacancy. A gated parking lot adds both security and convenience, enhancing tenant appeal and supporting stable rental performance.With spacious interiors, secure parking, and immediate income potential, this property is ideal for investors seeking reliable cash flow, long-term appreciation, and minimal management hassle. Don't miss out on this clean, stabilized 4-unit with upside potential and dependable returns.

Features

4 bedrooms

4 bathrooms

4 carspaces

4540 sq. ft. floor area

7502 sq. ft. lot size

Other

Estimated Value

Based on this property and similar 4 bedroom other properties sold in Los Angeles over the last 12 months, the estimated median property value of 2030 8th Avenue is $980k.

Median value

$980k

Estimated value range

$700k - $3m

Median days on market

Estimated value trend

18%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2030 8th Avenue

2025

Sold

$1,300,000

01 Jul 2025 by 'Amy'Mi Soon Kim, of Hanbada Realty Inc.

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.