$1,350,000
2214 W 8th, Los Angeles CA 90057
Multi-Family (9 Units)
Property type
43 days
On market
$154
Price per sqft
0 cars
Garage
1909
Year built
7,324 sqft
Lot size
Open Houses
Overview
2214 W. 8th Street is a nine (9) unit apartment complex located in the Westlake neighborhood of Los Angeles. The property sits one block away from MacArthur Park and the Westlake/MacArthur Park Metro Line. Tenants have easy access to a multitude of dining and entertainment options within walking distance. The opportunity consists of seven (7) large two-bedroom units and two...
Listing provided by: Andres Diaz DRE #01956479, FACTIO GROUP, Jason Hamilton DRE #02205643 614-288-0534, eXp Realty of Greater Los Angeles
Listing updated: Apr 23, 2026 at 05:47pm.
Last checked: Jun 5, 2026 at 05:01pm
Source: CRMLS #CV26088056
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 1 | 1 | — | $2,602 | $2,602 | $3,400 | Unfurnished |
| 7 | 2 | 1 | — | $10,137 | $10,137 | $14,700 | Unfurnished |
# of Buildings: 2
# of Units Total: 9
Separate Electric Meters: 7
Separate Gas Meters: 9
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
8.8x
List Price / Annual Gross Rent
Cap Rate
6.32%
NOI / List Price
Gross Scheduled Income: $152,868
Vacancy Allowance: $4,586
Operating Expense: $62,921
Net Operating Income: $85,361
Annual Operating Expenses
Electric: $2,250
Gardener: $1,200
Fuel: $541
Insurance: $9,000
Maintenance: $6,300
New Taxes: $16,200
Pest Control: $900
Professional Management: $5,931
Supplies: $2,700
Trash: $5,439
Water / Sewer: $10,812
Other Expense: $1,648
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5141022017
Additional Parcels: No
Tax Lot: J
Tax Block: D
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 2214 W 8th, Los Angeles, CA 90057. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,080,000
Total Interest
$1,377,480
Total Payment
$2,457,480
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,383
per month
Property History for 2214 W 8th
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90057.
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