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Listed by David Ramirez • Home Base Realty Inc
$3,750,000
Est. payment /mo
14,228 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 14,228 sqft
Price per Sqft $263
MLS Listing ID CRPW25266314
HOA Y/N No
Year Built 1960
Lot Size 0.371 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Introducing 8317–8325 S Western Avenue, an exceptional 22-unit multifamily opportunity located in the rapidly evolving South Los Angeles submarket. Spanning two adjacent, well-maintained buildings, this value-add asset offers a strong mix of spacious one-bedroom and two-bedroom units, onsite parking, and gated access. The property sits on a large ±14,000 SF lot with prominent street frontage on Western Ave, providing excellent visibility and consistent tenant demand. Recent turnover of lower paying units, and steady operational performance make this a compelling acquisition for investors seeking both stability and upside. Most units are updated, with separately metered utilities for gas and electricity. Comes city approved plans for 3 additional ADU units at the rear of the property, which will not affect the existing parking at the south side of property. The asset is positioned to deliver strong long-term returns.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry No Hookups
Building
Lot Description Other
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