2910 West 8th Street

Los Angeles CA 90005

22400 sq. ft.

7517 sq. ft.

Other

Last sold for $3,500,000

Neema Ahadian, last sold this property on 21 August 2025 after 146 days on market.

Overview

We are pleased to present a 43-unit investment opportunity at 2910 W 8th St in Koreatown located between S Hoover St and Vermont Ave. The subject property totals 36 single units and seven one-bedrooms. Offered at $100,000 per unit at $192 PSF at a 6.30% CAP rate and 7.63 GRM on current income at the asking price with an additional 32% rental upside achievable as units turn. The building is separately metered for electric and has an on-site community laundry room leased with Wash with four washers and four dryers. High Walk Score of 97, close proximity to schools, employment, and transit options, this location makes it convenient for residents to commute throughout the city even without a vehicle. Walking distance to neighborhood retail along Vermont Ave; less than a mile from the Metro D Line rail station and steps from several Metro local lines along 8th St and Vermont Ave. Koreatown is one of the densest neighborhoods in Los Angeles, with about 120,000 people. With an estimated $1 billion invested in the development of Koreatown since the early 2000s and various development projects taking place, Koreatown remains one of the best areas to invest in.

Features

7 bedrooms

43 bathrooms

22400 sq. ft. floor area

7517 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 7 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 2910 West 8th Street

2025

Sold

$3,500,000

21 Aug 2025 by Neema Ahadian, of Marcus & Millichap

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