2961 West 8th Street

Los Angeles, CA 90005

$1,499,999
Price
5,990 / 0.14
Lot Size / Acres

Description

We are pleased to present this rare 26 unit development opportunity (Un-Entitled) located in the heart of Koreatown. The site is zoned R4-2 and located in an "OPPORTUNITY ZONE" with TOC Tier 3. A popular/dense rental market of Koreatown with a walk score of 96. Located just blocks from the new Korean market (ZION MARKET). Property sold in its AS-IS condition and buyer to verify all information. Hurry, this property won't last!

Property Details for 2961 West 8th Street

Zoning
LAR4

Location

Listing Courtesy of Compass, Aaron Kirman, DRE #01296524; Compass, John C. Pak, DRE #01898649

Property Details for 2961 West 8th Street

StatusActive Under Contract
MLS #21-747602
Days on Market175
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.14 AC
CountyLos Angeles County

Listing Agent

Aaron Kirman

Aaron Kirman

Compass

aaron.kirman@compass.com

P: 310.994.9512

DRE #01296524

Contact Agent(s)

Location

Listing Courtesy of Compass, Aaron Kirman, DRE #01296524; Compass, John C. Pak, DRE #01898649

Virtual Tour

Listing Agents

  1. Aaron Kirman

    Aaron Kirman

    Alternative Listing Agent

    Compass

    DRE #01296524

Building Information for 2961 West 8th Street

Lot Size0.14 AC

Payment Calculator

$5,027 per month

30 year fixed, 2.95% Interest

Principal and Interest

$5,027

Property Taxes

HOA Dues

$0

Property Information for 2961 West 8th Street

Summary
    Location and General Information
  • Directions: East of Vermont and West of Hoover
  • Zip 4: 1525
  • View Description: None
  • View: No
  • Special Zoning: Rent Control
  • City: Los Angeles
  • Zip Code: 90005
  • County Or Parish: Los Angeles
  • Street Number Numeric: 2961
  • Street Direction Prefix: W
  • Street Name: 8th
  • State: CA
    Parking
  • Total Parking: 0
Property
    Property and Assessments
  • Assessor Parcel Number: 5077-018-002
  • Disclosures: As Is
  • Source Lot Size Area: Vendor Enhanced
  • Source Lot Size Dimensions: Assessor
  • Number Of Photos: 8
    Lot Information
  • Area: Mid-Wilshire (C17)
  • Lot Acreage: 0.1375
  • Lot Size Dimensions: 120x50
  • Service Level: Full Service
  • Lot Size Area: 5990
Interior and Exterior Features
    Interior Features
  • Telephone: 1.0
  • Baths Total: 0.0
  • Cable: 1.0

Property History for 2961 West 8th Street

DateEvent & SourcePriceAppreciation
Oct 12, 2021

Accepting Backup Offers

CRMLS #21722764

Oct 12, 2021

Accepting Backup Offers

CLAW #21-747602

Oct 12, 2021

Accepting Backup Offers

CLAW #21-722764

DateEvent & SourcePrice
10/12/2021

Accepting Backup Offers

CRMLS #21722764

10/12/2021

Accepting Backup Offers

CLAW #21-747602

10/12/2021

Accepting Backup Offers

CLAW #21-722764

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

Public Records for 2961 West 8th Street

Taxable ValueLand$409,433Additions$6,815Total$416,248
Tax Record2021$5,404 ($450 / month)
Home Facts
Beds6Total Finished SqFt3,001 SqFtAbove Grade Finished SqFt3,001 SqFtLot Size5,990 SqFtStyleSingle Family ResidenceYear Built1914Year Renovated1914ZoningLAR4CountyLOS ANGELESAPN5077-018-002

Schools near 2961 West 8th Street


SchoolTypeGradesDistanceRating
Rise Kohyang MiddleCharter6-80.3 mi
5
Equitas Academy #2Charter5-80.3 mi
6
Korean Baptist Church SchoolPrivateK0.3 mi
NR
Everest ValueCharterK-80.3 mi
6

Rise Kohyang Middle

6-8, 0.3 mi, Charter

5

Equitas Academy #2

5-8, 0.3 mi, Charter

6

Korean Baptist Church School

K, 0.3 mi, Private

NR

Everest Value

K-8, 0.3 mi, Charter

6

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

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Similar Sold Homes

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Compass, Aaron Kirman, DRE #01296524; Compass, John C. Pak, DRE #01898649

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association 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 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.