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.
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