8-Unit Apartment
570 West 8th Street Los Angeles, CA 90731
570 West 8th Street, Los Angeles, CA, 90731
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For Sale
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Built in 1984, this 8-unit apartment community offers two immediate vacancy opportunities for the next owner.
Property Size7,192 SF
Price / SF$232.20
Days on Market91
Property Features for 570 West 8th Street
General Information
- Standard status
- Active
- Size
- 7,192 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1984
Listing agency
Centennial Advisers
(714) 231-2537
Listed by
Tyler Roah · License #02440201
Source
Crexi
Added: Apr 24 Updated: Jul 23 at 6:07AM Checked: Jul 23 at 6:07AM
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 Centennial Advisers
Investment Insights
Based on property information with market context.
570 W. 8th Street is an 8-unit apartment community originally developed by the current offering party. The property was built in 1984 and presents two immediate vacancy opportunities.
The community is located in San Pedro, California, at 570 W. 8th Street (Los Angeles, CA 90731). For owners planning to adjust existing rents as units turn, the offering discusses how AB 1482 limits allowable annual increases through July 2026 and notes that vacancy decontrol is preserved under AB 1482.
As presented, the property is positioned for a rent roll normalization opportunity as the two vacancies are re-leased and existing tenancies continue through the applicable AB 1482 framework.
The community is located in San Pedro, California, at 570 W. 8th Street (Los Angeles, CA 90731). For owners planning to adjust existing rents as units turn, the offering discusses how AB 1482 limits allowable annual increases through July 2026 and notes that vacancy decontrol is preserved under AB 1482.
As presented, the property is positioned for a rent roll normalization opportunity as the two vacancies are re-leased and existing tenancies continue through the applicable AB 1482 framework.
Key Highlights
- 8‑unit apartment community at 570 W. 8th Street in San Pedro, CA, built in 1984
- Two immediate vacancy opportunities for the next owner
- Offered at $1,670,000 ($208,750 per unit)
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FAQs
What type of property is this?
Apartment building - Built in 1984, this 8-unit apartment community offers two immediate vacancy opportunities for the next owner.
Where is this apartment building located?
The property is located at 570 West 8th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,670,000.
What are key features of this property?
This property features: 8‑unit apartment community at 570 W. 8th Street in San Pedro, CA, built in 1984; Two immediate vacancy opportunities for the next owner; Offered at $1,670,000 ($208,750 per unit)
