6022 W 8th ST, Los Angeles, CA 90036
6022 W 8th ST, Los Angeles, CA 90036
6022 W 8th ST, Los Angeles, CA 90036
6022 W 8th ST, Los Angeles, CA 90036
6022 W 8th ST, Los Angeles, CA 90036
6022 W 8th ST, Los Angeles, CA 90036
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Denise West

Denise West

+1(805) 390-4142
$ 2,580,000
Est. payment | /mo

8 Beds

8 Baths

6,982 SqFt

Save
$ 2,580,000
Est. payment | /mo
Save

8 Beds

8 Baths

6,982 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,982 sqft

Price per Sqft $369

MLS Listing ID 26829533

Bedrooms 8

HOA Y/N No

Year Built 1928

Lot Size 7,396 Sqft

Property Description

Set within one of Los Angeles' most established multifamily corridors, 802 S Orange Grove Ave & 6022 W 8th St is an eight-unit asset in the Miracle Mile neighborhood. The property benefits from immediate proximity to some of the city's most sought-after retail, dining, and cultural destinations, including The Grove, The Original Farmers Market, Museum Row, the La Brea Tarpits and other attractions. The newly open Metro D line is one block away. The property consists of eight residential units complemented by six on-site garages, which provide a current separate and consistent income stream. Additionally, the asset features a centralized laundry room, further enhancing supplemental income while improving tenant convenience. The combination of in-place rental income and ancillary revenue streams offers stable day-one cash flow. From an investment perspective, the asset presents a compelling opportunity with both current income and significant future upside. New ownership can capitalize on rental growth potential, ADU development opportunities, and further optimization of garage and laundry income. With strong demand for housing in Miracle Mile and continued neighborhood growth driven by transit expansion and retail demand, 802 S Orange Grove Ave & 6022 W 8th St offers investors a well-positioned asset with meaningful long-term appreciation and income growth potential.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Appliance Refrigerator

Laundry Laundry Room

Exterior

Total Parking Spaces 6

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5086011010

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Eliyahu Appel Equity Union #01918652
Denise West

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(805) 390-4142

denisewestrealtor@gmail.com

3020 Old Ranch Parkway Suite 250, Seal Beach, CA, 90740, US

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6022 W 8th ST