$650,000

3306 E 8th St Los Angeles, CA 90023

Boyle Heights Neighborhood

Estimated payment $3,862/month

Total Views 6,750
2 Beds
2 Baths
2,073 Sq Ft
$314 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Chain Link Fence
  • 1-Story Property
  • Laundry Room
  • Level Lot

About This Home

Introducing an extraordinary investment opportunity nestled in the vibrant Boyle Heights neighborhood of Los Angeles. This mixed-use property, positioned for both residential and commercial success, boasts a lot size of 5,139 square feet. Comprising two separate buildings, the first encompasses a 728-square-foot retail space, offering a turnkey investment with a month-to-month lease and an enticing 7% cap rate. The second building features a comfortable 2-bedroom/1-bath residence spanning 1,345 square feet. Notably, the residence includes a non-confirming studio—a hidden income potential not currently reflected in the existing revenue. The month-to-month leases for both the retail and the residential unit provide flexibility for new owners, whether considering owner-occupation or optimizing rental terms. This property offers a unique house-hacking opportunity, allowing residents to live in the comfortable home while benefiting from the immediate income generated by the retail tenant. Because the rental is a single-family home that is the only residential structure on the parcel, the LA housing website is specific that the property isn’t part of LA’s RSO. Also, according to AB1482: The California Tenant Protection Act of 2019, the property is also exempt from any state rent control laws as well. Tier 2 TOC bonus available. Please see OM for links to LA RSO & AB1482 exclusions.

Listing Agent

Stelios Zoumberakis

Keller Williams Coastal Prop. Brokerage Email: stelios@szcre.com License #02049494 Listed on: 10/24/2025

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,139 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Chain Link Fence
  • Level Lot

Home Design

  • Craftsman Architecture
  • Entry on the 1st floor
  • Fixer Upper
  • Flat Roof Shape
  • Shingle Roof

Interior Spaces

  • 2,073 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Gravel Driveway

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 4447
  • Assessor Parcel Number 5190023009
  • $412 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,591
  • Water Sewer Expense $1,050
  • New Taxes Expense $8,125
  • Operating Expense $11,766
  • Gross Income $33,072
  • Net Operating Income $21,306

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • View: No
  • Water Sewer Expenses: 1050.00
  • Architectural Style: Craftsman
  • Property Condition: Fixer
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5190023009
  • Year Built: 1922
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 313.56

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Flat, Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5139.00
  • Lot Size Acres: 0.1180

Multi Family

  • Average2 Bed Area: 1425 Square Feet
  • Gross Income: 33072.00
  • Gross Scheduled Income: 33072.00
  • Insurance Expense: 2591.00
  • Lot Size Area: 5139.0000 Square Feet
  • Net Operating Income: 21306.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 11766.00
  • Rent Control: No
  • Total Expenses: 11766.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Lot: 9
  • Tax Tract Number: 4447
  • TaxOtherAnnualAssessmentAmount: 412.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $5,949 $470,720 $348,139 $122,581
2024 $5,949 $461,491 $341,313 $120,178
2023 $5,839 $452,443 $334,621 $117,822
2022 $5,576 $443,572 $328,060 $115,512
2021 $5,501 $434,876 $321,628 $113,248
2020 $5,552 $430,418 $318,331 $112,087
2019 $5,341 $421,980 $312,090 $109,890
2018 $5,229 $413,707 $305,971 $107,736
2016 $4,985 $397,644 $294,091 $103,553
2015 $4,915 $391,672 $289,674 $101,998
2014 $1,926 $138,016 $71,854 $66,162
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 For Sale $650,000 -- $314 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25246693

California Regional Multiple Listing Service (CRMLS)

APN: 5190-023-009

California Los Angeles County Los Angeles 90023 Boyle Heights

3306 E 8th St, Los Angeles, CA

For Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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Stelios Zoumberakis
Listing Agent
Stelios Zoumberakis
Section Image
Keller Williams Coastal Prop.
(562) 716-9236