3155 E 8th St Los Angeles, CA 90023
Boyle Heights NeighborhoodEstimated payment $4,998/month
About This Home
3155 E 8th St is a 4-Unit Turnkey property to be delivered
FULLY VACANT by close of escrow. 3155 E 8th St presents a
unique opportunity in the heart of Boyle Heights, with
updated electrical panels. It includes four spacious 1-Bed/1-
Bath units, all delivered vacant, offering a prime opportunity
for an investor or owner-occupier. The property features 8
uncovered parking spaces in the rear can be converted to
two stacked ADUs. With this addition, the cap rate will jump
from an already attractive 8.02%, offering substantial returns.
Built in 1961, this asset is a cash cow with the ability to stabilize
and generate significant cash flow. For owner-users, it’s a
perfect opportunity to occupy one unit, have the additional
three units cover your mortgage. The "owner's unit" features a
large private patio that can be converted into additional
parking as well. Located in the heart of Boyle Heights, a
vibrant and culturally diverse neighborhood known for its rich
history, tight-knit community, and eclectic mix of cuisines,
Boyle Heights offers a dynamic blend of residential charm,
thriving local businesses, and a vibrant arts scene. It is in
close proximity to the train line stop and within walking
distance of Hollenbeck Park, restaurants, bars and nightlife.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #02100737 Listed on: 04/29/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1961
Lot Details
- 5,096 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,018 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Location
- Urban Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 43 / 8
- Tax Tract Number 1111
- Assessor Parcel Number 5190011024
- $430 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $24,015
- Gross Income $100,800
- Net Operating Income $71,746
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $3,034 | $222,012 | $72,036 | $149,976 |
| 2024 | $3,034 | $217,660 | $70,624 | $147,036 |
| 2023 | $2,982 | $213,393 | $69,240 | $144,153 |
| 2022 | $2,855 | $209,210 | $67,883 | $141,327 |
| 2021 | $2,812 | $205,108 | $66,552 | $138,556 |
| 2019 | $2,735 | $199,027 | $64,579 | $134,448 |
| 2018 | $2,657 | $195,125 | $63,313 | $131,812 |
| 2016 | $2,525 | $187,550 | $60,855 | $126,695 |
| 2015 | $2,492 | $184,733 | $59,941 | $124,792 |
| 2014 | $2,526 | $181,115 | $58,767 | $122,348 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2026 04/29/26 | For Sale | $895,000 | -- | $444 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $550,000 | Wfg National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First Southwestern Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $412,500 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26092673
APN: 5190-011-024
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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