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1833 W 8th St

los angeles, CA 90057

$3,750,000

    Interested? Let's Connect

    Updated as of 6/8/2026.-AUCTION SALE: Century 21 Masters and FRE Auctions are pleased to present this Online Auction Plus Event. STARTING BID: $1,500,000. PACKAGE INCLUDES TWO ADJACENT ASSETS. • ASSET 1: Fully occupied two-story office building located at 1833 W 8th Street (APN: 5142-006-009), totaling approximately 20,600 rentable square feet on an approximately 12,023 SF C2-1 zoned lot, providing stable in-place income with significant upside as current rents are below market, offering a strong opportunity to stabilize and increase cash flow. The asset reflects an estimated 5%–6% in-place cap rate based on current NOI and generates approximately $400,000 in gross annual income with stable occupancy (26 tenants). • ASSET 2: Separately parceled parking lot located at 741 S Bonnie Brae Street (APN: 5142-003-021), featuring approximately 36 striped spaces with alley access on an approximately 9,150 SF R4-1 zoned lot, offering existing income and strategic value in a dense, transit-oriented area with limited parking supply. The assets are adjacent and operate as a unified investment, offering control of income, parking, and future optionality. Combined land area is approximately 21,173 square feet, near Downtown Los Angeles and Koreatown. Property offered via auction with reserve. All offers must be submitted through the auction platform. Seller reserves the right to accept, reject, or negotiate offers prior to or after the bidding period. Buyer to assume all existing tenants. Property sold AS-IS. All information deemed reliable but not guaranteed. Buyers to conduct their own due diligence.

    Details

    20,600 Sq Ft

    0.4861 Private Acres Lot Size

    commercial

    $2,112 Monthly Tax

    Built in 1960

    MLS/Listing ID CV26000487

    The 1833 Building

    27 Units

    Amenities & Features

    Lot - Rectangular Lot

    Lot - Walkstreet

    Heating - Natural Gas

    Heating - Zoned

    Cooling - Central Air

    Cooling - Zoned

    Construction - Brick

    Construction - Concrete

    Public Water

    Elevators

    Lot - Corner Lot

    Flat

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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