$3,850,000
Price
22
Beds
22
Baths
7,500 Sq. Ft.
$513 / Sq. Ft.
7,500
Sq. Ft.
$513
per Sq. Ft.

Description

Modern 4-Unit Plus 1 ADU | 22 Beds, 22 Baths | Brand-New in Prime Los Angeles! Outstanding investment opportunity featuring a new construction 4-unit property plus 1 ADU in a highly desirable central Los Angeles location. Each unit showcases a modern open layout with high-quality finishes, spacious interiors, designer kitchens, and in-unit laundry. The property includes separate utility meters, solar panels, and ample parking with 4 garage spaces and 8 uncovered parking spots, all designed for low...Modern 4-Unit Plus 1 ADU | 22 Beds, 22 Baths | Brand-New in Prime Los Angeles! Outstanding investment opportunity featuring a new construction 4-unit property plus 1 ADU in a highly desirable central Los Angeles location. Each unit showcases a modern open layout with high-quality finishes, spacious interiors, designer kitchens, and in-unit laundry. The property includes separate utility meters, solar panels, and ample parking with 4 garage spaces and 8 uncovered parking spots, all designed for low maintenance and strong rental demand. Pro forma income: Units 2011 & 2011½ each generate $5,700/month, Units 2013 & 2013½ each generate $6,000/month, and the ADU (Unit 2011¾) generates $3,500/month, for a total of approximately $26,900 monthly or $322,800 annually. Ideal for 1031 exchange buyers and investors seeking excellent cash flow and long-term appreciation potential. Conveniently located near Koreatown, USC, and Downtown Los Angeles—just 3.7 miles to The Grove, 2.8 miles to USC, and close to major freeways.

Property Details for 2011 8th Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
5.0
Building Type
Detached
Lot Size Source
Estimated
Living Area
7500
Assessor Parcel Number
5060-017-024
Property Attached YN
false
LISTING UPDATED: 11/11/2025 04:21 AM

Property Details for 2011 8th Avenue

StatusActive
MLS #OC25255700
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built2025
Lot Size0.18 AC / 7,780 SF
CountyLos Angeles County

Location

Listing Courtesy of Olsen Realty, Douglas Olsen, DRE #01928821
Add your commute

Building Information for 2011 8th Avenue

Stories3Residences-Year Built2025Building Size-Lot Size0.18 AC / 7,780 SF

Payment Calculator

$20,112 per month

30 year fixed, 6.28% Interest

Principal and Interest

$19,024

Property Taxes

$1,088

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2011 8th Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $322,800
  • Net Operating Income: $242,100
Expense Details
  • Operating Expense: $80,700
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 36
  • Tax Tract Number: 0
  • Tax Lot: 12
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 6000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 6000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 5700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 5
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 5700
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5

Property History for 2011 8th Avenue

DateEvent & SourcePriceAppreciation
Nov 7, 2025

Listed (Active)

CRMLS #OC25255700

$3,850,000—
Nov 6, 2025

Listed (Active)

CLAW #OC25255700MR

$3,850,000—
Jan 29, 2024

Sold

EBRD #ML81952789

$1,045,000—
Jan 29, 2024

Pending

EBRD #ML81952789

—
Jan 29, 2024

Listed (Active)

EBRD #ML81952789

—
Jan 18, 2024

Sold (Public Record)

Public Record #1526006462

$1,045,000

+8.5% / yr

Jan 13, 2014

Sold (Public Record)

Public Record #406952628

$460,000

+8.5% / yr

Apr 29, 2010

Sold (Public Record)

Public Record #291314684

$340,000

-10.6% / yr

Feb 10, 2005

Sold (Public Record)

Public Record #152027671

$610,000

+97.0% / yr

May 24, 2004

Sold (Public Record)

Public Record #134787373

$375,000—
DateEvent & SourcePrice
11/07/2025

Listed (Active)

CRMLS #OC25255700

$3,850,000
11/06/2025

Listed (Active)

CLAW #OC25255700MR

$3,850,000
01/29/2024

Sold

EBRD #ML81952789

$1,045,000
01/29/2024

Pending

EBRD #ML81952789

—
01/29/2024

Listed (Active)

EBRD #ML81952789

—
01/18/2024

Sold (Public Record)

Public Record #1526006462

$1,045,000

+8.5% / yr

01/13/2014

Sold (Public Record)

Public Record #406952628

$460,000

+8.5% / yr

04/29/2010

Sold (Public Record)

Public Record #291314684

$340,000

-10.6% / yr

02/10/2005

Sold (Public Record)

Public Record #152027671

$610,000

+97.0% / yr

05/24/2004

Sold (Public Record)

Public Record #134787373

$375,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2011 8th Avenue

Taxable ValueLand$1,026,018Additions$39,882Total$1,065,900
Tax Record2025$13,060 ($1,088 / month)
Home Facts
Beds3Total Finished SqFt1,590 SqFtAbove Grade Finished SqFt1,590 SqFtLot Size7,749 SqFtStyleSingle Family ResidenceYear Built1913ZoningLARD2CountyLOS ANGELESAPN5060-017-024

Schools near 2011 8th Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Arlington Heights Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

City Language Immersion Charter (CLIC)
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2011 8th Avenue is a mixed use property for sale in Los Angeles, CA 90018. This property was listed for sale on November 6, 2025 by Olsen Realty, it's currently listed at $3,850,000. It has been on the market for a total of 28 days and was last sold on January 29, 2024. This listing's school district is Los Angeles Unified School District. Nearby schools include Arlington Heights Elementary School, Johnnie Cochran, Jr., Middle School and Los Angeles Senior High School. 2011 8th Avenue is a 22-bed, 22-bath, 7,500 sqft mixed use property built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Olsen Realty, Douglas Olsen, DRE #01928821

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.