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1247 W 8th Street, Los Angeles CA 90017
1247 W 8th Street, Los Angeles CA 90017
1247 W 8th Street, Los Angeles CA 90017
1247 W 8th Street, Los Angeles CA 90017
1247 W 8th Street, Los Angeles CA 90017
1247 W 8th Street, Los Angeles CA 90017
1247 W 8th Street, Los Angeles CA 90017
California>Los Angeles>Westlake South

1247 W 8th StreetLos Angeles, CA 90017

For Sale

$1,450,000

Smart Buyer Rebate $14,500

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. CONTACT THE LISTING TEAM FOR DETAILS.

Listed by Sean Rosenzweig

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License #01406343

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Marcus & Millichap

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213-943-1897

Last updated November 05, 2025

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Source: CRMLS #25601441

Listing Facts

  • TypeMulti-family
  • NeighborhoodWestlake South
  • Bedrooms8
  • Days on Prevu69
  • Size6,762 sqft
  • Price per sqft$214

Location

Mortgage Calculator

Listing History

10/29/2025
Status changed to Active
$1,450,000
10/23/2025
Status changed to Removed from Feed
$1,450,000
10/03/2025
Listed by Marcus & Millichap
$1,450,000

Property Details for 1247 W 8th Street

Exterior

Construction

  • Number Of Units Total: 12
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1910

Measurements

  • Building Area Total: 6,762
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,508
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,508
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.64
  • Gross Income: $181,793.00

Taxes

  • Parcel Number: 5143011012

Interior

Measurements

  • Living Area: 6,762
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 12
  • Bedrooms Total: 8

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 8 bedrooms in this multi-family home at 1247 W 8th Street.

How does 1247 W 8th Street compare to other multi-family homes in Westlake South?

This multi-family home is listed 42% below the average price for multi-family homes in Westlake South and has been on the market for 30 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 6,762 sqft.

1247 W 8th Street is a 8-bedroom multi-family home for sale in Los Angeles CA 90017. Listed on Prevu for 69 days at $1,450,000. This property features 6,762 square feet of living space, located in Los Angeles. The median listing price for multi-family homes in this area is $2,260,000. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.