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$1,450,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
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We are pleased to offer for sale a 12-unit apartment community located at 1247 West 8th Street. The subject property is situated west of the 110 Freeway and south of Wilshire Boulevard. Positioned on a 5,508-square-foot parcel, the property is comprised of four studios and eight one-bedroom units and is being offered at an attractive basis of 7.98 GRM and $120,833 per unit, with 24% remaining rental upside through unit renovations. The property is in close proximity to multiple venues for the 2028 Summer Olympics, including the LA Memorial Coliseum, Crypto.com Arena, and BMO Stadium, which bode well for the long-term prospects of the neighborhood.1247 West 8th Street offers investors a compelling opportunity to acquire an asset with a strong value-add component and to capitalize on the continued westward expansion and revitalization of the Downtown submarket. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.

Full Property Details for 1247 W 8th St

General

  • Price: $1,450,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25601441
  • Updated: 12/31/2025
  • Added to Site: 106 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 12

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Other Features: None

Parking

  • Garage Description: None

Location

  • Area: Downtown L.A.
  • County: Los Angeles
  • Driving Directions: West of the 110 Freeway and South of Wilshire Boulevard

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 6,762
  • Sq. Ft. Source: Assessor
  • Year Built: 1910
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 12
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1264
  • Lot Size: 5508
  • Lot Size Source: Assessor
  • Zoning: LACW

Financial Considerations

  • Price Per Sq. Ft.: $214.43
  • Assessment Year: 1910

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 5143-011-012

Listed by Marcus & Millichap, Sean Rosenzweig

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Listing agent

— 1247 W 8th St —

  • Sean Rosenzweig

    Marcus & Millichap

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1247 W 8th St

School District:Los Angeles Unified School District
NameGradesDistance
Esperanza Elementary School, Los Angeles, CA
680 Little Street, Los Angeles, CA 90017
K-50.3 mi
John H. Liechty Middle School
650 South Union Avenue, Los Angeles, CA 90017
7-80.3 mi
Belmont Senior High School
1575 West 2nd Street, Los Angeles, CA 90026
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1247 W 8th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/03/2025
Listed
$1,450,000
130.16%
MLS
12/04/2012
Sold
$630,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1247 W 8th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,615
3%
$778,638
4%
2023
$10,258
4%
$748,515
2%
2022
$9,828
2%
$733,896
2%
2021
$9,676
-1%
$719,563
1%
2020
$9,760
4%
$712,215
2%
2019
$9,414
1%
$695,456
2%
2018
$9,329
2%
$681,821
2%
2017
$9,104
3%
$668,453
2%
2016
$8,839
1%
$655,347
2%
2015
$8,723
-1%
$645,504
2%
2014
$8,830
—
$632,860
—
2013
$8,825
—
$630,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1247 W 8th St

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Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Marcus & Millichap, Sean Rosenzweig

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1247 W 8th St, Los Angeles, CA 90017 (MLS# 25601441) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 1247 W 8th St is currently listed for $1,450,000 and was received on October 03, 2025. Want to learn more about 1247 W 8th St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

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