2823 W 8th Street
Los Angeles, CA 90005
- 4 beds
- 3 baths
- 3,480 sqft
- 6,252 sqft lot
- $416 per sqft
- 1908 build
- – on site
Bank-Owned Property ( REO ) with LAR4-2 Zoning! Fantastic Investment Opportunity! GOOD FOR BUSINESS WITHIN R-4 ZONE. PRE-SCHOOL, ACUPUNCTURE, CPA, INS. OFFICE, AND MORE MORE. Build multi-unit residential buildings or apartments to cater to the growing housing demand. Develop a community center that offers various services and amenities to the neighborhood, such as educational programs, wellness centers, and recreational facilities. Unlock the potential of this prime real estate gem! Nestled in a coveted area with LAR4-2 zoning, this bank-owned property presents an unparalleled opportunity for savvy investors. Whether you're looking to develop residential units, commercial spaces, or a blend of both, the possibilities are endless. Don't miss out on this rare chance to acquire a bank-owned property with immense potential. Act now and turn your vision into reality!
Last checked:
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Last updated Feb 20, 2025
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MLS# SR25035613 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1908
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:1
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Structure Type:Mixed Use
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Stories Total:2
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Entry Level:2
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Patio And Porch Features:Deck
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Patio:1
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Common Walls:1 Common Wall
Interior
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Features:Balcony
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Levels:Two, Multi/Split
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Entry Location:FRONT
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Room Type:Basement, Bonus Room
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:Yes
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Fireplace:Family Room
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Laundry:Inside
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Laundry:1
Room Dimensions
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Living Area:3480.00
Location
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Directions:8TH ST.
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Latitude:34.05800800
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Longitude:-118.28736600
The Property
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Property Type:Residential
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Subtype:Commercial/Residential
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Zoning:LAR4
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Lot Features:Back Yard
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Lot Size Area:6252.0000
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Lot Size Acres:0.1435
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Lot Size SqFt:6252.00
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Lot Size Source:Assessor
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View:None
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2122.04
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Tax Lot:52
Beds
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Total Bedrooms:4
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Main Level Bedrooms:2
Baths
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Total Baths:3
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Full & Three Quarter Baths:2
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Main Level Baths:1
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Full Baths:2
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Half Baths:1
The Listing
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Special Listing Conditions:Real Estate Owned
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Parcel Number:5077019008
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Gas Cooktop
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Included:Yes
Schools
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High School District:Los Angeles Unified
The Community
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Features:Sidewalks
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Parking Space
Monthly cost estimate
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Asking price
$1,450,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$7,764
|
Taxes | N/A |
Insurance | $398 |
Utilities | $196 See report |
Total | $8,358/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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2/19/25
Feb 19, 2025
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Listed / Active | CRMLS_CA | $1,450,000 | 2.1% (0.6% / YR) |
3/5/24
Mar 5, 2024
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Listed / Active | BRIDGE | ||
1/7/24
Jan 7, 2024
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Listed / Active | CRMLS_CA |
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41% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $86k above asking price on average, but some went as high as $457k over asking price.