Active

2823 W 8th ST

LOS ANGELES CA, 90005

$1,450,000


$416.67 per sqft

Active

4 Beds

3 Baths

3,480 sqft

Residential

Built in 1908

Bank-Owned Property ( REO ) with LAR4-2 Zoning! Fantastic Investment Opportunity! GOOD FOR BUSINESS WITHIN R-4 ZONE. PRE-SCHOOL, ACUPUNCTURE, CPA, INS. OFFICE, AND MORE MORE. Build multi-unit residential buildings or apartments to cater to the growing housing demand. Develop a community center that offers various services and amenities to the neighborhood, such as educational programs, wellness centers, and recreational facilities. Unlock the potential of this prime real estate gem! Nestled in a coveted area with LAR4-2 zoning, this bank-owned property presents an unparalleled opportunity for savvy investors. Whether you're looking to develop residential units, commercial spaces, or a blend of both, the possibilities are endless. Don't miss out on this rare chance to acquire a bank-owned property with immense potential. Act now and turn your vision into reality!

SR25035613MR

MLS ID

February 19, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

3


Full Bathrooms

2


Half Bathrooms

1


Appliances

Inside


Laundry Description

Inside


Fireplace

Yes


Fireplace Description

Family Room


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.14 Acres


Sewer

Public Sewer

School Information

School District

Los Angeles Unified

Other Property Details

Area Name

Mid-Wilshire


Garage

No


Parking

Parking Space


Parking Total

0


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR4

Listed by Seung Soo "Eric" Min with Dream Realty & Investments, Inc.
Listing Contact: 818-357-7694 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barrentine Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/20/2025

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