8425 S Western Ave, Los Angeles, CA 90047
8425 S Western Ave, Los Angeles, CA 90047
8425 S Western Ave, Los Angeles, CA 90047
74
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$3,700,000
Est. payment /mo
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22 Beds
19 Baths
12,137 SqFt
Price Dropped by $275K

8425 S Western Ave Los Angeles, CA 90047

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Ben Collinsworth

Ben Collinsworth

+1(702) 553-6827

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,137 sqft

Price per Sqft $304

MLS Listing ID 26653115

Bedrooms 22

Year Built 1960

Lot Size 0.304 Acres

Acres 0.1658

Property Sub-Type Multi-Family

Property Description

We are pleased to announce the opportunity to purchase 19 multifamily units at 8419 and 8425 S. Western Avenue located in the Manchester Square neighborhood of South Los Angeles. With 15 out of 17 original units renovated and two new ADUs, this opportunity will not require any heavy lifting and as most of the work has already been completed. With the overwhelming need for affordable housing in the area, investors can realize an additional 25% upside as units turn over and can maximize on the increasing payments standards from HACLA and Section 8. This opportunity also offers an assumable loan of $2,422,000 with extremely attractive terms that will allow an investor to yield over an 8% cash-on-cash return. Built in 1959 and 1960, the two adjacent properties are comprised of two-story structures that include a unit mix of sixteen 1bed/1bath units and three 2bed/1bath units. Of these units, two of the 1bed/1bath are newer ADUs with split system HVAC. The properties provide tenants with twelve parking spaces that include a combination of tuck-under and open spaces at the rear and 84th Place side of the property. There is no landscaping, and all units are individually metered for gas and electricity. Seismic retrofitting has already been completed and 8425 S. Western has received electrical upgrades. Plumbing upgrades have been completed as units have been renovated. Located east of Western and north of Manchester, 8419 and 8425 S Western is located on one of the main thoroughfares in the city of Los Angeles. Residents of this property are within a short distance to multiple bus stops located on Manchester and St. Andrews Recreation Center. This opportunity is located 2 miles east, or an 8-minute car drive, from The Forum, Sofi Stadium, YouTube Theater, Hollywood Park Casino, and many more restaurants, retail, and places of business located in Inglewood between Century Blvd and Manchester. The property is within a short distance to the 110 Freeway allowing tenants who are commuters with ease of access throughout the city of Los Angeles.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Air Conditioning

Equipment Range/Oven, Refrigerator

Exterior

Parking Features Garage - 3 Car, Uncovered

Garage Spaces 12.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

NEARBY SCHOOL & BUSINESS

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Ben Collinsworth

Ben Collinsworth

Agent | RE.S.0180589

+1(702) 553-6827

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8425 S Western Ave

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