2551 8th Avenue Los Angeles, CA ^$ 3,800,000

2551 8th Avenue

^$ 3,800,000

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2551 8th Avenue

Los Angeles, CA, 90018

^$ 3,800,000

Studio Baths0.0 Sq 11,218

Monthly Estimate*

^$ 26,544

Listed by Renuvo Capital

2551 8th Avenue, Los Angeles, CA 90018 - Image 1

Studio

Commercial Property for sale in Los Angeles, CA

for $3,800,000. This 11,218 square foot building was built in 1955 on a lot size of 0.2983.

Investment opportunity in Mid City. Property features 14 units and with easy access to the 10 fwy.

Commercial Active

Price

^$ 3,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

MultiFamily

Lot Size

0.2983

Year Built

1955

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW23191815

Days on Market

200

Features

Exterior

Lot Features Item1115UnitsAcre

Water Source Private

Lot Size Area 12994.0

Number of Buildings 14

Spa N

Building Area Total 11218.0

Lot Size Acres 0.2983

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Exclusions Tenant personal items

Year Built 1955

Property SubType MultiFamily

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Corner of West Adams and 8th Ave

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 13

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 12994.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 13

Street Name 8th

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 1080.86

Home Warranty Y/N N

Trash Expense 6149.8

Water Sewer Expense 9864.51

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 28

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional MultiFamily

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features SeeRemarks

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 2551

* Excluded Features

List By

Renuvo Capital

Broker

(714) 446-9937

Phone

Affordability Calculator

$26,544

Per Month

Monthly Principal & Interest: $26,544
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,169,774

Percent of Sale Price 43%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/14/2023	$3,800,000		Listed Price

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2551 8th Avenue, Los Angeles, CA, 90018 is a Commercial Property for sale at $3,800,000 with 11,218 sqft and a lot size of 0.2983. 2551 8th Avenue is a studio with 0.0 baths and was built in 1955. The property's zip code is 90018 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2551 8th Avenue

Commercial Property for sale in Los Angeles, CA

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