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2961 W 8th St, Los Angeles, CA 90005
$1,200,000
2961 W 8th St, Los Angeles, CA 90005View this property at 2961 W 8th St, Los Angeles, CA 90005
2961 W 8th StLos AngelesCA90005
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Property Description
2961 W 8th Street a unique opportunity to acquire an exceptional and highly visible location on the main thoroughfare of 8th Street zoned R4-2-Tier 3 in the heart of Koreatown. The subject property totals 5,990 SF gross land area in the prime Koreatown neighborhood on 8th Street between Vermont Ave and S Westmoreland Ave. The owner is currently occupying the property; however, it can be delivered vacant at closing. 2961 W 8th Street offers an investor a residential redevelopment opportunity in one of the most desirable submarkets in all of Los Angeles.. Over the last decade, the area has seen significant year-over-year population growth due to a revitalization of the neighborhood and its central location, within 3 miles of DTLA, and USC. A high Walkscore of 96; this location is a walker's paradise located in prime Koreatown with a short eight-minute walk to the Wilshire / Vermont Station stop and near newly renovated MacArthur Park.
Full Property Details
Full Property Details for 2961 W 8th St
General
- Sold For: $1,200,000
- Status: Closed
- Type: Lots/Land
- MLS ID: 22-179263
- Added to Site: 680 day(s) ago
Location
- Area: Mid-Wilshire
- County: Los Angeles
- Driving Directions: Just east of Vermont Ave on 8th Street between Magnolia Blvd and Camarillo Street
Lot Features
- Property View: City
- Lot Size (Acres): 0.1375
- Lot Size: 5990
- Lot Size Source: Vendor Enhanced
- Zoning: LAR4
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5077-018-002
Listed and Sold by Marcus & Millichap, Neema Ahadian
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Schools
Schools serving 2961 W 8th St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
3201 W 8th St, Los Angeles, CA 90005 | K-5 | 0.4 mi | |
615 Shatto Pl, Los Angeles, CA 90005 | 6-8 | 0.4 mi | |
701 S Catalina St, Los Angeles, CA 90005 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2961 W 8th St
Date
Details
Price
Change
Source
1/31/2024
Sold
$1,200,000
9.09%
MLS
6/29/2022
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2961 W 8th St, Los Angeles, CA 90005 (MLS# 22-179263) is a Lots/Land property that was sold at $1,200,000 on January 31, 2024. Want to learn more about 2961 W 8th St? Do you have questions about finding other Lots/Land real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.