$1,300,000
1247 W 8th Street, Los Angeles CA 90017
Multi-Family (12 Units)
Property type
10 days
On market
$192
Price per sqft
N/A
Garage
1910
Year built
5,508 sqft
Lot size
Open Houses
Overview
We are pleased to present a twelve (12) unit apartment building located at 1247 W 8th St in Los Angeles, California. The subject property is located in a solid Westlake location, north of Olympic Blvd and west of Union Ave. Located in the Westlake neighborhood adjacent to Downtown Los Angeles, 1247 W 8th St features a solid unit mix of four studio units and eight one-bedroom...
Listing provided by: Kian Maronde DRE #01952189 818-212-2651, Marcus & Millichap, Jason Tuvia DRE #01772495 818-212-2735, Marcus & Millichap
Listing updated: Jun 3, 2026 at 07:19am.
Last checked: Jun 3, 2026 at 08:00am
Source: CRMLS #26838607
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 0 | 1 | — | $1,275 | $5,100 | $6,400 | Unfurnished |
| 8 | 1 | 1 | — | $1,368 | $10,942 | $14,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 12
Financial Snapshot
Gross Rent Multiplier
6.8x
List Price / Annual Gross Rent
Cap Rate
7.69%
NOI / List Price
Net Operating Income: $99,973
Exterior
Stories Total: 0
Levels: Two
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5143011012
Zoning: LACW
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1247 W 8th Street, Los Angeles, CA 90017. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,040,000
Total Interest
$1,326,463
Total Payment
$2,366,463
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,078
per month
Property History for 1247 W 8th Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90017.
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