Property details
Propery Type:
Apartments
Address:
8118 S Western Ave Los Angeles, CA 90047
Offering Price:
$3,000,000
Units:
18
Cap Rate:
7.41%
Listed By
Jonathan Weir
Senior Vice president Investments
(424) 405-3900
Contact Us
Investment Highlights

The Weir Group is pleased to present 8118 S Western Avenue in Los Angeles, CA, an 18-unit apartment building offering strong in-place income and a compelling value-add opportunity. The property features a desirable unit mix of 16 one-bedroom units and two two-bedroom units, providing immediate cash flow with upside through unit upgrades and operational efficiencies. The asset includes 17 gated parking spaces and has benefited from recent capital improvements, including a new roof (2022), soft-story seismic retrofit (2021), new water heaters (2021), and electrical upgrades (2016). Strategically located approximately 6.5 miles from SoFi Stadium, Intuit Dome, and Hollywood Park, and bordering Inglewood zip codes, the property is positioned near major redevelopment corridors, transit, and retail—supporting strong tenant demand and long-term appreciation within the City of Los Angeles. For more information, please reach out.

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Listed By
Jonathan Weir
Senior Vice president Investments
(424) 405-3900
Contact Us

8118 S Western Ave

Los Angeles, CA
90047
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