3033 East 8th Street

Los Angeles, CA 90023

$1,650,000
Price
8
Beds
6,500 Sq. Ft.
$254 / Sq. Ft.
6,500
Sq. Ft.
$254
per Sq. Ft.

Description

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 only to increase in value but also to attract a steady stream of cash flow. Don't let this slip away, act now to transform...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 only to increase 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!
  1. Listed by Norman Domingo • DRE #02033318 • Brokerage DRE #02033318 • XRealty.Net • 888-838-9044

Property Details for 3033 East 8th Street

Parking Spaces Total
8
Private Pool
No
Cooling Type
Central
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6500
Assessor Parcel Number
5190-009-029

Location

Listing Courtesy of XRealty.Net, Norman Domingo, DRE #02033318
Add your commute
LISTING UPDATED: 01/02/2024 04:59 AM

Property Details for 3033 East 8th Street

StatusActive
MLS #OC24000085
Days on Market120
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1963
Lot Size0.12 AC / 5,084 SF
CountyLos Angeles County

Location

Listing Courtesy of XRealty.Net, Norman Domingo, DRE #02033318
Add your commute

Building Information for 3033 East 8th Street

Stories2Residences-Year Built1963Building Size-Lot Size0.12 AC / 5,084 SF

Payment Calculator

$9,349 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$344

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3033 East 8th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $8,000
  • Net Operating Income: $8,000
Expense Details
  • Operating Expense: $0
  • Operating Expense Percent: 3.00%
  • 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: 4
  • Tax Tract Number: 0
  • Tax Census Tract: 2048.20
  • Tax Lot: 35
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Community
  • Cooling: Central Air
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Corner Lot
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 0
  • Unit Type Type: 8
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8

Property History for 3033 East 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3033 East 8th Street

Taxable ValueLand$50,698Additions$210,853Total$261,551
Tax Record2023$4,130 ($344 / month)
Home Facts
Total Finished SqFt4,183 SqFtAbove Grade Finished SqFt4,183 SqFtLot Size5,090 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR4CountyLOS ANGELESAPN5190-009-029

Schools near 3033 East 8th Street

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

Robert Louis Stevenson Middle School
Public6 to 8

Felicitas And Gonzalo Mendez High
Public9 to 12

Theodore Roosevelt Senior High
Public9 to 12

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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3033 East 8th Street is a mixed use property for sale in Los Angeles, CA 90023. This property was listed for sale on January 2, 2024 by XRealty.Net, it's currently listed at $1,650,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Sunrise Elementary School, Robert Louis Stevenson Middle School and Felicitas And Gonzalo Mendez High. 3033 East 8th Street is a 8-bed, 0-bath, 6,500 sqft mixed use property built in 1963.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of XRealty.Net, Norman Domingo, DRE #02033318

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.