8317 Western Ave Los Angeles, CA 90047
Value-add property in South Los Angeles with strong income potential.
Type:Multifamily
Property size:
14,224 SFLot size:
0.37 Acres- Added:
- Feb 26, 2026
- Days on Market:
- 33
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 8317 Western Ave
General Information
- Standard status
- Active
- Size
- 14,224 SF
- Lot size
- 0.37 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1957
Listing agent Brent Sprenkle License #01290116
Listing office Northmarq (310) 621-8221
Listing date Feb 26, 2026
Source Crexi
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 Northmarq
Overview
22-Unit Multifamily Investment Opportunity
Located in South Los Angeles, 8317–25 Western Ave is a 22-unit property offering a value-add opportunity. Constructed in 1957, the property consists of three well-maintained buildings totaling 14,228 square feet. Situated on a 16,156 square foot corner spanning three parcels, the property has frontage along Western Avenue and exposure from its corner position at 84th Place. The unit mix includes fourteen one-bedroom, one-bathroom units and eight two-bedroom, one-bathroom units, complemented by on-site parking. The property is positioned along Western Avenue, providing residents with access to public transportation, neighborhood retail, dining options, and daily amenities. It is located just north of Manchester Avenue, with access to the 110 Freeway and major employment hubs, including Downtown Los Angeles and Los Angeles International Airport (LAX).
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.30917
- Latitude
- 33.96306
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FAQs
What type of property is this?
Apartment building - Value-add property in South Los Angeles with strong income potential.
Where is this apartment building located?
The property is located at 8317 Western Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,895,000.
What are key features of this property?
This property features: Attractive 7.49% capitalization rate and 7.74 GRM offering strong in‑place yield.; Value‑add potential through interior and operational enhancements to capitalize on rental growth.; Desirable unit mix of fourteen 1‑bedroom/1‑bathroom and eight 2‑bedroom/1‑bathroom units.
