Sold
2961 W 8th Street
Los Angeles CA, 90005
$1,200,000
$200.33 per sqft
Sold
0.14 Acres
Land
Listed by Neema Ahadian with Marcus & Millichap 310-909-5500
2961 W 8th Street a unique opportunity to acquire an exceptional and highly visible location on the main thoroughfare of 8th Street zoned R4-2-Tier 3 in the heart of Koreatown. The subject property totals 5,990 SF gross land area in the prime Koreatown neighborhood on 8th Street between Vermont Ave and S Westmoreland Ave. The owner is currently occupying the property; however, it can be delivered vacant at closing. 2961 W 8th Street offers an investor a residential redevelopment opportunity in one of the most desirable submarkets in all of Los Angeles.. Over the last decade, the area has seen significant year-over-year population growth due to a revitalization of the neighborhood and its central location, within 3 miles of DTLA, and USC. A high Walkscore of 96; this location is a walker's paradise located in prime Koreatown with a short eight-minute walk to the Wilshire / Vermont Station stop and near newly renovated MacArthur Park.
22179263
MLSⓇ ID
June 29, 2022
Listed
March 28, 2024
Updated
Map
2961 W 8th Street
Los Angeles CA, 90005
Exterior/Building Features
Lot Size
0.14 Acres
Other Property Details
Area Name
C17 - Mid-Wilshire
Days on Market
75
Garage
No
Parking Total
0
View
Yes
View Description
City Lights
County
Los Angeles
Pool
No
Zoning
LAR4
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
2/7/2024 | Sold | $1,200,000 |
2/1/2024 | Price Change | $1,200,000 9% |
2/1/2024 | Sold | $1,200,000 |
Listing Contact: 310-909-5500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/28/2024 at 3:14 PM UTC