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Image 1 - 3049 East 8th Street, Los Angeles, CA 90023, USA - House for sale
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Home For Sale In Los Angeles, California
3049 East 8th Street, Los Angeles, CA 90023, USA

Home For Sale In Los Angeles, California

house for sale
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Listed: 03/11/24

3049 East 8th Street, Los Angeles, CA 90023, USA

8 Bed:
6,500 Sq Ft Living Area:
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Price
$ 1,65M

About This House

Don't miss the opportunity to own this 8-unit multifamily apartment complex, an investment primed for rapid value add! Offered at a competitive price. Each unit features a convenient 1 bedroom, 1 bathroom layout, with the bonus of separate meter. Although in need of some TLC, the potential for substantial returns is immense. With the right improvements, this property promises not only to increase in value but also to attract a steady stream of cash flow. Don't let this slip away, act now to transform this property into a lucrative asset!

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Los Angeles Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In April 2024, the asking price for 2 bed houses for sale in/near Los Angeles, United States averaged $1,153,562, a decrease of 13.1% from the previous month.
Median price trends for properties for sale in Los Angeles, United States as of April 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.