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Image 1 - 3306 E 8th St, Los Angeles, California, 90023 - House for sale
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Home For Sale In Los Angeles, California
3306 E 8th St, Los Angeles, California, 90023

Home For Sale In Los Angeles, California

house for sale
Listed: 03/07/24

3306 E 8th St, Los Angeles, California, 90023

2 Bed:
2 Bath:
2,073 Sq Ft Living Area:
Save
Price
$ 935,000
Price:  Average

About This House

Introducing an extraordinary investment opportunity nestled in the vibrant Boyle Heights neighborhood of Los Angeles. This mixed-use property, strategically positioned for both residential and commercial success, boasts a substantial lot size of5, 139square feet. Comprising two separate buildings, the first encompasses a 728-square-foot salon, 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 spanning1, 345square feet. Notably, the residence includes a non-confirming studioa hidden income potential not currently reflected in the existing revenue. The month-to-month leases for both the salon 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 …  Full description

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Los Angeles Housing & Living

Average sale prices for houses

1 bed
2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 2 bed houses for sale in/near Los Angeles, United States averaged $1,025,928, a decrease of 6% from the previous month.
Median price trends for properties for sale in Los Angeles, United States as of June 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.