Please stand by.
USDAProperties.com is verifying property eligibility...

 

 

 

$1,650,000   Price Analysis
Agent Details  share icon   ♡  map icon  QR
3033 E 8th St
Los Angeles, CA 90023
8 bed None bath 6,500 SqFt ($253/SqFt)
5,084SqFt lot. Built 1963
Listed 2024-01-02, Taxes $3,972		Ⓧ USDA Ineligible
due to price & location
near Los Angeles

Don't miss the opportunity to own this 8-unit multifamily apartment complex

An investment primed for rapid value add! Offered at a competitive price. Each unit features a convenient 1 bedroom, 1 bathroom layout, with the bonus of separate meter. Although in need of some TLC, the potential for substantial returns is immense.

With the right improvements, this property promises not to increse in value but also to attract a steady stream of cash flow. Don't let this slip away, act now to transform this property into a lucrative asset!


Presented by Norman Domingo at
Xrealty.Net.


Property MLS #OC24000085 from CRMLS

Bedrooms: 8

All Bedrooms Down

Laundry Features: Community

Cooling Features: Central Air

Lot Description: Corner Lot
Lot Size Acres: 0.1167126
Lot Size Source: Assessor
Lot Size Square Feet: 5084

Garage Spaces: 8
Parking Total: 8

Number of Units: 8
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
Unit-6 Garage Spaces: 1
Unit-7 Garage Spaces: 1
Unit-8 Garage Spaces: 1

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 8
Parcel Number: 5190009029
Postal Code Plus 4: 2929
Zoning: LAR4
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$206,376 + $49,704
$256,080		$3,972
2021$202,330 + $48,730
$251,060		$3,906
2020$200,256 + $48,231
$248,487		$3,933
2019$196,330 + $47,286
$243,616		$3,812
2018$192,481 + $46,359
$238,840		$3,726
2017$188,707 + $45,450
$234,157		$3,614
2016$185,007 + $44,559
$229,566		$3,494
2015$182,229 + $43,890
$226,119		$3,453
2014$178,660 + $43,031
$221,691		$3,518
2013$177,853 + $42,837
$220,690		$3,508
2012$174,366 + $41,998
$216,364		$3,549
2010$170,948 + $41,175
$212,123		$3,411
2009$170,075 + $40,966
$211,041		$3,301
2009$169,671 + $40,868
$210,539		$3,301
2008$166,741 + $40,163
$206,904		$3,188
2007$163,472 + $39,376
$202,848		$3,079

Sold 2024-05-28
$1,165,000
Public Record
Listed 2024-01-02
$1,650,000
CRMLS
Sold 1990-01-02
$160,000
Public Record
Sold 1978-09-14
$120,000
Public Record

Net Operating Income: 8000.00

Total Square Feet Living: 6500
Year Built: 1963
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 2
Entry Location: 1
Property Age: 61
Property Attached: Yes
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Seller

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Sunrise Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

Robert Louis Stevenson Middle School is a public middle school located approximately 1 miles away.
directions icon Map directions

Resurrection is a private elementary and middle school located approximately 0.4 miles away.
directions icon Map directions

Oscar De La Hoya Animo Charter High School is a public high school located approximately 0.4 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
house_viewhouse_viewhouse_viewporchporch
unknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.