$1,300,000
1247 W 8th Street, Los Angeles CA 90017
Multi-Family (12 Units)
Property type
21 days
On market
$192
Price per sqft
N/A
Garage
1910
Year built
5,508 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Kian Maronde DRE #01952189 818-212-2651, Marcus & Millichap, Jason Tuvia DRE #01772495 818-212-2735, Marcus & Millichap
Listing updated: Jun 5, 2026 at 10:48pm.
Last checked: Jun 14, 2026 at 10:00am
Source: CRMLS #26838607
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 0 | 1 | — | $1,275 | $5,100 | $6,400 | Unfurnished |
| 8 | 1 | 1 | — | $1,413 | $11,302 | $14,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 12
Financial Snapshot
Gross Rent Multiplier
6.8x
List Price / Annual Gross Rent
Cap Rate
8%
NOI / List Price
Net Operating Income: $103,986
Exterior
Stories Total: 0
Levels: Two
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5143011012
Zoning: LACW
Community
HOA: No
Senior Community: No