2961 8th Street
Los Angeles, CA 90005
Sold
2961 W 8th Street a unique opportunity to acquire an exceptional and highly visible location on the main thoroughfare of 8th Street zoned R4-2-Tier 3 in the heart of Koreatown. The subject property totals 5,990 SF gross land area in the prime Koreatown neighborhood on 8th Street between Vermont Ave and S Westmoreland Ave. The owner is currently occupying the property; however, it can be delivered vacant at closing. 2961 W 8th Street offers an investor a residential redevelopment opportunity in one of the most desirable submarkets in all of Los Angeles.. Over the last decade, the area has seen significant year-over-year population growth due to a revitalization of the neighborhood and its central location, within 3 miles of DTLA, and USC. A high Walkscore of 96; this location is a walker's paradise located in prime Koreatown with a short eight-minute walk to the Wilshire / Vermont Station stop and near newly renovated MacArthur Park.
PROPERTY INFORMATION
MLS # | 22179263 | Lot Size | 5,990 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 1,100,000
Price Per SqFt: $ 184 |
DOM | 1027 Days |
Address | 2961 8th Street | Type | Land |
City | Los Angeles | Sq.Ft. | 5,990 Sq. Ft. |
Postal Code | 90005 | Garage | N/A |
County | Los Angeles | Year Built | |
Bed / Bath | 0 / 0 | Parking | N/A |
Built In | Status | Closed | |
Sold Date | 2024-01-31 |
INTERIOR FEATURES
Has Appliances | Yes |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,173
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
11/30/2022 | Active | $1,100,000 |
07/15/2022 | Listed | $1,100,000 |

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Listing provided courtesy of Neema Ahadian, Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.