$650,000

3306 E 8th, Los Angeles, CA 90023

2,073 sqft

other
Built in 1922
5,140sqft lot
—— car garage
$314/sqft
Listed 1 month ago

Property Description

Introducing an extraordinary investment opportunity nestled in the vibrant Boyle Heights neighborhood of Los Angeles. This mixed-use property, positioned for both residential and commercial success, boasts a lot size of 5,139 square feet. Comprising two separate buildings, the first encompasses a 728-square-foot retail space, offering a turnkey investment with a month-to-month lease and an enticing 7% cap rate. The second building features a comfortable 2-bedroom/1-bath residence spanning 1,345 square feet. Notably, the residence includes a non-confirming studio—a hidden income potential not currently reflected in the existing revenue. The month-to-month leases for both the retail and the residential unit provide flexibility for new owners, whether considering owner-occupation or optimizing rental terms. This property offers a unique house-hacking opportunity, allowing residents to live in the comfortable home while benefiting from the immediate income generated by the retail tenant. Because the rental is a single-family home that is the only residential structure on the parcel, the LA housing website is specific that the property isn’t part of LA’s RSO. Also, according to AB1482: The California Tenant Protection Act of 2019, the property is also exempt from any state rent control laws as well. Tier 2 TOC bonus available. Please see OM for links to LA RSO & AB1482 exclusions.

Listing Status:: Active
Date Added:: October 24, 2025 at 05:00AM
Listing Office:: Keller Williams Coastal Prop. : 562-961-1400
Listing Agent:: Stelios Zoumberakis : 562-961-1400
MLS ID:: PW25246693

Laundry: Common Area

General: None
Style: Craftsman
Pool: None
Parking: DrivewayGravelParking spaces: 3

Roofing: FlatShingle
General: 1

Road/Access: AlleyCity Street
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 5190023009
View: None
Fencing: Chain Link

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Stelios Zoumberakis, Keller Williams Coastal Prop.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Christopher Dena Elementary

1314 S Dacotah St, Los Angeles, CA, 90023

Grades KG-6

0.25 miles away

Stevenson Middle School

725 S Indiana St, Los Angeles, CA, 90023

Grades 6-8

0.85 miles away

Boyle Heights STEM High School

2550 E 6th St, Los Angeles, CA, 90023

Grades 9-12

1.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.