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29102826
29102827

1833 W 8th Street, Los Angeles, CA 90057

CENTURY 21 Masters
Listed by CENTURY 21 Masters
$3,700,000
158 days on market
Updated 11 days ago

1833 W 8th Street

Details
APN 5142-006-009, 5142-003-021
Property Type Office
Square Footage 20,600
Net Rentable (SqFt) 20,600
Units 27
Occupancy 100%
Broker Co-Op Yes
Class B
Year Built 1960
Buildings 1
Stories 2
Acreage 0.486
Investment Type Value Add

Office | 20,600 SqFt

Marketing description

ATTENTION INVESTORS. Fully occupied two-story office building with approximately 26 office units located at 1833 W 8th Street, Los Angeles, CA 90057 (APN: 5142-006-009) in the Westlake / MacArthur Park submarket. The property consists of approximately 20,600 rentable square feet and provides stable in-place income with long-term upside potential through improved operations, expense efficiencies, and future leasing strategies. This is a proven income-producing asset with demonstrated cash flow and meaningful upside for a buyer seeking to enhance performance through active management. The property benefits from its urban infill location near Downtown Los Angeles and Koreatown, supporting consistent tenant demand. Most tenants park immediately across the street in the adjacent parking lot at 741 S Bonnie Brae Street (APN: 5142-003-021), which is directly adjacent and just steps from the building, providing convenient and controlled parking in a parking-constrained, transit-oriented area. The office building is being marketed individually and is also available as part of a two-asset package sale that includes the adjacent parking lot. Package MLS #: CV26000487 (includes 1833 W 8th St and 741 S Bonnie Brae St). The parking lot is also listed separately under MLS #: CV26002139. Buyer to assume all existing tenants. Property sold AS-IS. All information deemed reliable but not guaranteed. Buyers and their representatives are advised to conduct their own independent due diligence regarding financials, zoning, parking arrangements, and development potential.
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CENTURY 21 Masters
Listed by CENTURY 21 Masters

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Additional Information

Name
Enrique Vasquez Plaza
License
01868555
Brokerage
CENTURY 21 MASTERS
Brokerage Phone
6263240388
Title
Salesperson
Brokerage Address
1169 Fairway Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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