1247 W 8th St Los Angeles, CA 90017
Westlake NeighborhoodEstimated payment $8,023/month
About This Home
We are pleased to present a twelve (12) unit apartment building located at 1247 W 8th St in Los Angeles, California. The subject property is located in a solid Westlake location, north of Olympic Blvd and west of Union Ave. Located in the Westlake neighborhood adjacent to Downtown Los Angeles, 1247 W 8th St features a solid unit mix of four studio units and eight one-bedroom units, with one unit delivered vacant and approximately 30% rental upside potential. The asset is separately metered for gas and electricity, features new electric panels, and operates as a strong cashflow investment at approximately 170 basis points above current debt. Residents benefit from immediate access to the 110 Freeway, Metro A and B Lines, major commercial corridors, and nearby amenities including MacArthur Park, LA Live, Crypto.com Arena, dining destinations, entertainment venues, grocery options, and nightlife throughout Downtown Los Angeles and surrounding neighborhoods. With its central Westlake location, solid unit mix, immediate transit and freeway access, one vacant unit, and solid rental upside potential, the property offers investors a compelling opportunity to capitalize on long-term multifamily demand near Downtown Los Angeles.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 5,508 Sq Ft Lot
Interior Spaces
- 6,762 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 12 Bathrooms
Community Details
- 12 Units
Listing and Financial Details
- Assessor Parcel Number 5143-011-012
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,615 | $775,788 | $615,709 | $160,079 |
| 2024 | $10,435 | $760,578 | $603,637 | $156,941 |
| 2023 | $10,258 | $745,665 | $591,801 | $153,864 |
| 2022 | $9,828 | $731,046 | $580,198 | $150,848 |
| 2021 | $9,676 | $716,713 | $568,822 | $147,891 |
| 2019 | $9,414 | $698,306 | $551,951 | $146,355 |
| 2018 | $9,329 | $684,671 | $541,129 | $143,542 |
| 2016 | $8,839 | $655,347 | $520,117 | $135,230 |
| 2015 | $8,723 | $645,504 | $512,305 | $133,199 |
| 2014 | $8,830 | $632,860 | $502,270 | $130,590 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2026 07/08/26 | Pending | -- | -- | -- | |
| 05/26/2026 05/26/26 | For Sale | $1,300,000 | +106.3% | $192 / Sq Ft | |
| 12/07/2012 12/07/12 | Sold | $630,000 | -18.7% | $93 / Sq Ft | View Prior Sale |
| 11/12/2012 11/12/12 | Pending | -- | -- | -- | |
| 07/25/2012 07/25/12 | For Sale | $775,000 | -- | $115 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $630,006 | Provident Title Company | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $346,000 | Commercial | |
| Previous Owner | $200,000 | Commercial |
Source: The MLS
MLS Number: 26838607
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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