Spanish-Style Apartment
New
For Sale
$1,199,900
4237 8th Avenue, Los Angeles, CA 90008
The property combines updated building systems with detached garages and on-site coin laundry.
Property Size4,936 SF
Days on Market3
Property Features for 4237 8th Avenue
General Information
Standard status
Active
Size
4,936 SF
Total Parking Spaces
4
Property subtype
Apartment
Financials
Cap Rate
5.1%
Gross Income
$84,516
Additional Details
Multifamily Units
6
Amenities
coin laundry
Building Details
Building Size
4,936 SF
Year Built
1929
Construction
Spanish-style
Listing Agency:
Century 21 A Better Service
Listed By:
Carlos Munoz · License #01408987
(562) 806-1000
Source:
Truthrealty
Added: Sep 28
Changed: Sep 29
Last Checked: Sep 30 at 6:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 A Better Service
Investment Insights
Based on property information with market context.
Built in 1929, this Spanish-style apartment property contains six units. One two-bedroom, one-bathroom apartment is vacant. Electrical panels have been updated, and the building has copper plumbing; several apartments also feature granite counters and newer flooring. An on-site coin-operated laundry and four detached garages are part of the property, with two garages available for separate leasing.
Leimert Park Village is within walking distance. The property’s in-place cap rate is approximately 5.1%, with an approximately 11.1% cap rate at full market rents.
Leimert Park Village is within walking distance. The property’s in-place cap rate is approximately 5.1%, with an approximately 11.1% cap rate at full market rents.
Key Highlights
- Six‑unit Spanish‑style apartment building dating to 1929
- One vacant two‑bedroom, one‑bathroom apartment
- Four detached garages; two are available for separate leasing
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,579
Businesses Nearby
Explore this area
Business Placement
Demographics for 90008, CA
33,041
Population
16,245
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
85%
High-School Grad
2.9 sq mi
ZIP Area
11,393
Density / Sq Mi
$61,822
Median Household Income
$41,295
Median Earnings
$1,589
Median Rent
$1,003,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - The property combines updated building systems with detached garages and on-site coin laundry.
Where is this apartment building located?
The property is located at 4237 8th Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: Six‑unit Spanish‑style apartment building dating to 1929; One vacant two‑bedroom, one‑bathroom apartment; Four detached garages; two are available for separate leasing
