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8118 S Western Avenue

Los Angeles (City), CA 90047
  • $2,750,000
  • STATUS: Active
  • ON SITE: 62 Days
  • ID#: 26633905
UPDATED: 92 min ago
$2,750,000
  • 20
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,810
    SQFT
  • $233
    $/SQFT
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent(s): Jonathan of Marcus & Millichap (424-405-3900) and Stefan Ignjatovic of Marcus & Millichap(424-405-3900)


Description

We are pleased to present 8118 S Western Avenue in Los Angeles, CA, an 18-unit apartment building offering strong in-place income and a compelling value-add opportunity. The property features a desirable unit mix of 16 one-bedroom units and 2 two-bedroom units, providing immediate cash flow with upside through unit upgrades and operational efficiencies. The asset includes 17 gated parking spaces and has benefited from recent capital improvements, including a new roof (2022), soft-story seismic retrofit (2021), new water heaters (2021), and electrical upgrades (2016). Strategically located approximately 6.5 miles from SoFi Stadium, Intuit Dome, and Hollywood Park, and borderingInglewood zip codes, the property is positioned near major redevelopment corridors, transit, and retail supporting strong tenant demand and long-term appreciation within the City of Los Angeles. For more information, please reach out.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T00:27:18.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/171776035
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8118 S Western Avenue Los Angeles (City), CA 90047

  • Price: $2,750,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 92 min ago
  • ID#: 26633905
20
Beds
0
Baths
0
½ Baths
0.29
Acres
11,810
SQFT
$233
$/SQFT
1960
Built
Neighborhood:
C36 - Metropolitan Southwest
County:
Los Angeles
Area:
C36 - Metropolitan Southwest
Property Description
We are pleased to present 8118 S Western Avenue in Los Angeles, CA, an 18-unit apartment building offering strong in-place income and a compelling value-add opportunity. The property features a desirable unit mix of 16 one-bedroom units and 2 two-bedroom units, providing immediate cash flow with upside through unit upgrades and operational efficiencies. The asset includes 17 gated parking spaces and has benefited from recent capital improvements, including a new roof (2022), soft-story seismic retrofit (2021), new water heaters (2021), and electrical upgrades (2016). Strategically located approximately 6.5 miles from SoFi Stadium, Intuit Dome, and Hollywood Park, and borderingInglewood zip codes, the property is positioned near major redevelopment corridors, transit, and retail supporting strong tenant demand and long-term appreciation within the City of Los Angeles. For more information, please reach out.
Exterior Features

Parking Features Gated Parking Total 17

Interior Features

Appliances DisposalRefrigerator Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Gross Income 332331 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 215260 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LAC2



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T00:27:18.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Jonathan of Marcus & Millichap (424-405-3900) and Stefan Ignjatovic of Marcus & Millichap(424-405-3900)