We are 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 2 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 borderingInglewood 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.
AGENT: Jonathan Weir LISTING BROKERAGE: Marcus & Millichap
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 8118 S Western AV
Los Angeles, CA
Property Details
Price:
$2,750,000
MLS #:
26633905
Status:
Active
Beds:
20
Baths:
18
Type:
Single Family
Neighborhood:
c36metropolitansouthwest
Listed Date:
Jan 6, 2026
Finished Sq Ft:
11,810
Total Sq Ft:
11,810
Lot Size:
12,740 sqft / 0.29 acres (approx)
Year Built:
1960
C36 – Metropolitan SouthwestC36metropolitansouthwest
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Schools
Interior
Appliances
GD, RF
Cooling
NO
Heating
WL
Levels
U
Exterior
Parking Spots
17
Parking Total
17
Financial
Gross Operating Income
$332,331
Net Operating Income
$215,260
Map
Community
- Address8118 S Western AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90047
