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3306 E 8th

Los Angeles (City), CA 90023
  • $650,000
  • STATUS: Active
  • ON SITE: 132 Days
  • ID#: PW25246693
UPDATED: 208 min ago
$650,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Stelios Zoumberakis of Keller Williams Coastal Prop. (562-961-1400)


Description

Introducing an extraordinary investment opportunity nestled in the vibrant Boyle Heights neighborhood of Los Angeles. This mixed-use property, positioned for both residential and commercial success, boasts a lot size of 5,139 square feet. Comprising two separate buildings, the first encompasses a 728-square-foot retail space, 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 spanning 1,345 square feet. Notably, the residence includes a non-confirming studio"a hidden income potential not currently reflected in the existing revenue.The month-to-month leases for both the retail 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 in the comfortable home while benefiting from the immediate income generated by the retail tenant. Because the rental is a single-family home that is the only residential structure on the parcel, the LA housing website is specific that the property isnt part of LAs RSO. Also, according to AB1482: The California Tenant Protection Act of 2019, the property is also exempt from any state rent control laws as well.Tier 2 TOC bonus available.Please see OM for links to LA RSO & AB1482 exclusions.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T00:29:23.84. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/169224656
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3306 E 8th Los Angeles (City), CA 90023

  • Price: $650,000
  • Status: Active
  • On Site: 132 Days
  • Updated: 208 min ago
  • ID#: PW25246693
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1922
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
Introducing an extraordinary investment opportunity nestled in the vibrant Boyle Heights neighborhood of Los Angeles. This mixed-use property, positioned for both residential and commercial success, boasts a lot size of 5,139 square feet. Comprising two separate buildings, the first encompasses a 728-square-foot retail space, 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 spanning 1,345 square feet. Notably, the residence includes a non-confirming studio"a hidden income potential not currently reflected in the existing revenue.The month-to-month leases for both the retail 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 in the comfortable home while benefiting from the immediate income generated by the retail tenant. Because the rental is a single-family home that is the only residential structure on the parcel, the LA housing website is specific that the property isnt part of LAs RSO. Also, according to AB1482: The California Tenant Protection Act of 2019, the property is also exempt from any state rent control laws as well.Tier 2 TOC bonus available.Please see OM for links to LA RSO & AB1482 exclusions.
Exterior Features

Architectural Style Craftsman Carport Spaces 0 Entry Level 1 Entry Location 1 Fencing Chain Link Lot Features Street Level Number Of Separate Electric Meters 2 Open Parking Spaces 3 Parking Features DrivewayGravel Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type AlleyCity Street Road Surface Type Alley Paved Roof FlatShingle Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsStorm Drain(s)Street LightsSidewalks Disclosures City Inspection Required Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 33072 Gross Scheduled Income 33072 Insurance Expense 2591 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 21306 New Construction YN No New Taxes Expense 8125 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 11766 Property Condition Fixer Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 1050 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T00:29:23.84. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_402907793-3.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_402907793-3.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_402907793-3.jpg
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Stelios Zoumberakis of Keller Williams Coastal Prop. (562-961-1400)