Los Angeles, CA 90057,1833 W 8th ST
Los Angeles, CA 90057,1833 W 8th ST
Los Angeles, CA 90057,1833 W 8th ST
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$4,700,000
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0.49 Acres Lot
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1833 W 8th ST Los Angeles, CA 90057

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26000487

HOA Y/N No

Year Built 1960

Annual Tax Amount $25,343

Tax Year 2025

Lot Size 0.486 Acres

Lot Dimensions Public Records

Property Sub-Type Office

Property Description

PACKAGE SALE – INCLUDES TWO ASSETS. Rare urban infill opportunity in the Westlake / MacArthur Park submarket of Los Angeles. The offering consists of a fully occupied two-story office building at 1833 W 8th Street (APN: 5142-006-009 | individually marketed on MLS #CV26002200) totaling approximately 20,600 rentable square feet, situated on an approximately 12,023 SF lot and zoned C2-1 (City of Los Angeles). The office building provides stable in-place income with expense optimization potential and reflects an approximate 4.9% cap rate based on office building income only.

The sale also includes a separately parceled parking lot at 741 S Bonnie Brae Street (APN: 5142-003-021 | individually marketed on MLS #CV26002139) featuring approximately 36 striped spaces with alley access, located on an approximately 9,150 SF lot and zoned R4-1 (City of Los Angeles). The parking parcel provides existing cash flow and strategic value in a dense, transit-oriented market with limited parking supply.

The two assets are immediately adjacent and just steps from one another, allowing for unified control of income, parking, and long-term optionality. Combined land area is approximately 21,173 square feet. Together, the assets are positioned in a high-density urban infill location near Downtown Los Angeles and Koreatown.

The properties are being marketed primarily as a package sale. Ownership may consider separate transactions on a case-by-case basis, at seller's sole discretion.

Buyer to assume all existing tenants. Property sold AS-IS.

All information deemed reliable but not guaranteed. Buyers and their representatives are encouraged to conduct their own independent due diligence regarding financials, zoning, lot sizes, and development potential.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning C2 + R4

Interior

Heating Natural Gas, Zoned

Cooling Central Air, Zoned

Fireplace No

Laundry None

Exterior

Carport Spaces 6

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Roof Type Flat

Present Use Commercial

Total Parking Spaces 42

Building

Lot Description Corner Lot, Rectangular Lot, Walkstreet

Story 2

Water Public

Others

Tax ID 5142006009

Security Features Resident Manager

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

Special Listing Condition Standard


CRMLS – RECore
Listed by Enrique Vasquez-Plaza Century 21 Masters 626-324-0388

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Jeanne Heidmiller

Jeanne Heidmiller

Agent | License ID: 01290567

+1(619) 857-9765

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1833 W 8th ST