5355 West 8th Street

Los Angeles, CA 90036

$2,650,000
Price
8
Beds
4
Baths
6,043 Sq. Ft.
$439 / Sq. Ft.
6,043
Sq. Ft.
$439
per Sq. Ft.

Description

This charming Spanish style 4 unit property is situated in Miracle Mile HPOZ. Zoned R4 and Tier 4 TOC, offering potential future development. Each of the spacious units features two bedrooms, plus versatile bonus/flex rooms that can be tailored to meet various lifestyle needs. Additionally, each unit includes a convenient laundry area with a separate toilet, enhancing the property's appeal and functionality. The bottom 2 units are currently vacant and have been completely renovated and ready for...This charming Spanish style 4 unit property is situated in Miracle Mile HPOZ. Zoned R4 and Tier 4 TOC, offering potential future development. Each of the spacious units features two bedrooms, plus versatile bonus/flex rooms that can be tailored to meet various lifestyle needs. Additionally, each unit includes a convenient laundry area with a separate toilet, enhancing the property's appeal and functionality. The bottom 2 units are currently vacant and have been completely renovated and ready for move-in. The upper 2 units are currently tenant occupied, providing stable income. The property is centrally located and offers ease of access to major key areas around Los Angeles, including Downtown Los Angeles, Koreatown, Century City, Beverly Hills, Santa Monica and Hollywood. Location can not be beat. Don't miss the chance to own a piece of Los Angeles history with tremendous growth potential!
  1. Listed by Kenny Cho • DRE #02216444 • Brokerage DRE #01022642 • eXp Realty of California Inc

Property Details for 5355 West 8th Street

Zoning
LAR4
Parcel Number
5089002012
Total Units
4.0
Living Area
6043
Source Living Area
Vendor Enhanced
Area
Beverly Center-Miracle Mile (C19)
Lot Size Area
8778
Source Lot Size Area
Vendor Enhanced
LISTING UPDATED: 10/11/2024 09:49 AM

Property Details for 5355 West 8th Street

StatusActive
MLS #24-444753
Days on Market65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.20 AC / 8,778 SF
CountyLos Angeles County

Building Information for 5355 West 8th Street

Stories-Residences-Year Built1926Building Size-Lot Size0.20 AC / 8,778 SF

Property Information for 5355 West 8th Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 4
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Actual Annual Gross Rent: $37,920.00
  • Actual Rent Total: $37,920.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2015
  • Lot Size Square Feet: 8778
Parking Details
Parking Details
  • Parking Garage: Detached, Garage - 4+ Car, Driveway
  • Total Parking: 6
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 4
  • Parking Features: Driveway
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Range/Oven, Dishwasher
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 09-30-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,600.00
  • Unit Actual Rent: $1,600.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,560.00
  • Unit Actual Rent: $1,560.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $67,836.00
  • Assessed Improvement Percent: 33.25
  • Assessed Land Value: $136,183.00
  • Assessed Land Percent: 66.75
  • Assessed Total Value: $204,019.00

Property History for 5355 West 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 5355 West 8th Street

Taxable ValueLand$1,450,000Additions$750,000Total$2,200,000
Tax Record2024$27,186 ($2,265 / month)
Home Facts
Total Finished SqFt6,043 SqFtAbove Grade Finished SqFt6,043 SqFtLot Size8,776 SqFtStyleQuadraplexYear Built1926ZoningLAR4CountyLOS ANGELESAPN5089-002-012

Schools near 5355 West 8th Street

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

Fairfax Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 to 8

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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5355 West 8th Street is a multi-family home for sale in Los Angeles, CA 90036. This property was listed for sale on September 30, 2024 by eXp Realty of California Inc, it's currently listed at $2,650,000. It has been on the market for a total of 65 days and was last sold on November 14, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Wilshire Crest Elementary School, Girls Academic Leadership Academy, Dr. Michelle King School For Sci, Tech, Eng And Math and Fairfax Senior High School. 5355 West 8th Street is a 8-bed, 4-bath, 6,043 sqft multi-family home built in 1926.

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 eXp Realty of California Inc, Kenny Cho, DRE #02216444

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.