$2,200,000

Estimated payment $13,884/month

Total Views 1,277
2 Beds
2 Baths
6,043 Sq Ft
$364 Price per Sq Ft

About This Home

Exceptional Investment Opportunity in Miracle Mile!
Discover this charming Spanish-style fourplex ideally located in the heart of Miracle Mile, just five minutes from the Los Angeles County Museum of Art (LACMA). Enjoy easy access to sunset cocktails, live music, and cultural events at the museum, as well as premier dining and shopping at The Grove and the Original Farmers Market.Positioned on a desirable R4 corner lot within an HPOZ, this property also benefits from its close proximity to the upcoming Purple Line (D Line) Metro extension. Each spacious unit offers two bedrooms plus a versatile bonus/flex room, perfect for a home office or guest space. Every unit includes its own laundry area and separate toilet, providing modern comfort and convenience.
The two lower units are vacant, fully renovated, and move-in ready, while the upper units are tenant-occupied, offering immediate rental income. Whether you’re looking for a turnkey investment or an owner-user opportunity in a vibrant, centrally located neighborhood, 5355 W. 8th Street is a rare find that perfectly blends character, location, and value.

Listing Agent

Judy Hyun

TEAM SPIRIT REALTY Brokerage Phone: 951-833-8282 License #01338246 Listed on: 10/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,186

Year Built

  • Built in 1926

Lot Details

  • 8,776 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 6,043 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 5691
  • Assessor Parcel Number 5089002012

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,186

Year Built

Built in 1926

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5089002012
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 364.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8776.00
  • Lot Size Acres: 0.2015

Multi Family

  • Lot Size Area: 8776.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Vacancy Allowance Rate: 50.00

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 5691

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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Average Value
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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 $27,186 $2,244,000 $1,479,000 $765,000
2024 $27,186 $2,200,000 $1,450,000 $750,000
2023 $3,159 $204,019 $136,183 $67,836
2022 $3,040 $200,019 $133,513 $66,506
2021 $2,964 $196,098 $130,896 $65,202
2019 $2,888 $190,283 $127,014 $63,269
2018 $2,767 $186,553 $124,524 $62,029
2016 $2,583 $179,311 $119,690 $59,621
2015 $2,551 $176,619 $117,893 $58,726
2014 $2,588 $173,160 $115,584 $57,576
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2025 10/13/25 For Sale $2,200,000 0.0% $364 / Sq Ft
11/14/2023 11/14/23 Sold $2,200,000 -12.0% $364 / Sq Ft View Prior Sale
09/28/2023 09/28/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $2,499,000 -- $414 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,200,000 Chicago Title
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,650,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25238705

California Regional Multiple Listing Service (CRMLS)

APN: 5089-002-012