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Listed by Douglas Olsen • Olsen Realty
$ 3,850,000
Est. payment /mo
Active
2011 8th Los Angeles, CA 90018
7,780 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25255700
Year Built 2025
Lot Size 7,780 Sqft
Source California Regional MLS
Property Description
Modern 4-Unit Plus 1 ADU | 22 Beds, 22 Baths | Brand-New in Prime Los Angeles! Outstanding investment opportunity featuring a new construction 4-unit property plus 1 ADU in a highly desirable central Los Angeles location. Each unit showcases a modern open layout with high-quality finishes, spacious interiors, designer kitchens, and in-unit laundry. The property includes separate utility meters, solar panels, and ample parking with 4 garage spaces and 8 uncovered parking spots, all designed for low maintenance and strong rental demand. Pro forma income: Units 2011 & 2011½ each generate $5,700/month, Units 2013 & 2013½ each generate $6,000/month, and the ADU (Unit 2011¾) generates $3,500/month, for a total of approximately $26,900 monthly or $322,800 annually. Ideal for 1031 exchange buyers and investors seeking excellent cash flow and long-term appreciation potential. Conveniently located near Koreatown, USC, and Downtown Los Angeles-just 3.7 miles to The Grove, 2.8 miles to USC, and close to major freeways.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Laundry Other
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 5060017024
Special Listing Condition Not Applicable
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