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    2809 W 8Th St Los Angeles, CA 90005

    For Sale
    $2,425,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    13,290 SF
    Lot size:
    0.14 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 2809 W 8Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAR4
    Rooms
    Bathroom 8, Bathroom 4, Bathroom 18, Bathroom 17, Bathroom 10, Bathroom 23, Bathroom 12, Bathroom 9, Bathroom 5, Bathroom 15, Bathroom 16, Bathroom 24, Bathroom 1, Bathroom 3, Bathroom 21, Bathroom 20, Bathroom 19, Bathroom 7, Bathroom 22, Bathroom 13, Bathroom 11, Bathroom 6, Bathroom 2, Bathroom 14
    Bathrooms
    24
    APN
    5077-019-010
    Size
    13,290 SF
    Lot size
    0.14 Acres

    Building Details

    Year built
    1923
    Number of units
    24

    Re/Max One (818) 674-1745 [email protected]

    Listing agent Chase Simonton (818) 366-3300 License #01766871

    Listing date Nov 19, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Koreatown 24-Unit Investment Opportunity

    Located in Koreatown, Los Angeles, 2809 8th St is a well-maintained 24-unit apartment building. The property offers an investment opportunity in a vibrant and high-demand neighborhood. The property is fully occupied. The building has updated electrical systems. The property has a gross rent multiplier (GRM) of 8.38 and a capitalization (CAP) rate of 6.56%. The lot size is 0.1435 acres and the property size is 13,290 square feet. The zoning is LAR4. The property is located near major transit lines, popular dining, and retail corridors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.287036
    Latitude
    34.058075

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 24-unit apartment building in prime Koreatown location.
    Where is this apartment building located?
    The property is located at 2809 W 8Th St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,425,000.
    What are key features of this property?
    This property features: - Prime Koreatown location in a vibrant, high-demand neighborhood; - Strong GRM of 8.38 and a healthy CAP rate of 6.56% indicating solid cash flow; - Well-maintained 24-unit apartment building
    (818) 366-3300
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    2809 W 8Th St Los Angeles, CA 90005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2809 W 8Th St Los Angeles, CA 90005
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