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5355 W 8th Street, Los Angeles, California 90036, Los Angeles, 90036 - bed, bath

5355 W 8th Street, Los Angeles, California 90036 home-pic-0
ACTIVE$2,200,000
5355 W 8th Street, Los Angeles, California 90036
0Bed
0Bath
6,043Sqft
8,776Lot
Year Built
1926
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$364
HOA
-
Days on market
-
Sold On
-
MLS number
CV25238705
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros.

Exceptional Investment Opportunity in Miracle Mile! Discover this charming Spanish-style fourplex ideally located in the heart of Miracle Mile, just five minutes from the Los Angeles County Museum of Art (LACMA). Enjoy easy access to sunset cocktails, live music, and cultural events at the museum, as well as premier dining and shopping at The Grove and the Original Farmers Market.Positioned on a desirable R4 corner lot within an HPOZ, this property also benefits from its close proximity to the upcoming Purple Line (D Line) Metro extension. Each spacious unit offers two bedrooms plus a versatile bonus/flex room, perfect for a home office or guest space. Every unit includes its own laundry area and separate toilet, providing modern comfort and convenience. The two lower units are vacant, fully renovated, and move-in ready, while the upper units are tenant-occupied, offering immediate rental income. Whether you’re looking for a turnkey investment or an owner-user opportunity in a vibrant, centrally located neighborhood, 5355 W. 8th Street is a rare find that perfectly blends character, location, and value.

Nearby schools

2/10
Wilshire Crest Elementary School
Public,•K-5•0.3mi
8/10
Third Street Elementary School
Public,•K-5•1.0mi
7/10
Hancock Park Elementary School
Public,•K-5•1.1mi
5/10
Carthay Center Elementary
Public,•K-5•1.3mi
7/10
John Burroughs Middle School
Public,•6-8•0.6mi
4/10
Los Angeles Senior High School
Public,•9-12•0.8mi
7/10
Fairfax Senior High School
Public,•9-12•1.8mi

Price History

Date
Event
Price
10/13/25
Listing
$2,200,000
11/14/23
Sold
$2,200,000
Condition Rating
Good
The property, specifically the two lower units highlighted in the listing and images, has undergone a recent and extensive renovation. These units are move-in ready with new laminate flooring, modern gray shaker-style kitchen cabinets, new laminate countertops, updated bathroom vanities with contemporary fixtures, subway tile shower surrounds, and recessed lighting. A stylish wood slat accent wall with an integrated fireplace adds a modern touch. While the kitchen appliances are functional, they are not high-end stainless steel, and the building's original windows remain. The overall condition of the renovated units is very good, requiring no immediate repairs or updates, aligning with the 'Good' criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Location & Accessibility: Strategically located in the heart of Miracle Mile, offering unparalleled access to cultural institutions like LACMA, premier dining and shopping at The Grove and Original Farmers Market, and future enhanced connectivity via the upcoming Purple Line Metro extension.
Strong Investment & Owner-User Opportunity: A fourplex offering immediate rental income from two tenant-occupied units, coupled with two vacant, fully renovated units perfect for an owner-user or new tenants, providing both cash flow and flexibility.
Development Potential & Zoning: Positioned on a desirable R4 corner lot, which typically allows for higher density, presenting potential for future redevelopment or expansion, subject to HPOZ regulations.
Renovated & Functional Units: Two lower units are fully renovated and move-in ready. All units are spacious, featuring two bedrooms plus a versatile bonus/flex room, individual laundry areas, and separate toilets, appealing to modern renters.
Architectural Charm: The property boasts charming Spanish-style architecture, adding significant character and curb appeal that can attract discerning tenants and buyers.

Cons

Historic Preservation Overlay Zone (HPOZ) Restrictions: Being within an HPOZ may impose strict guidelines and limitations on exterior renovations, modifications, and potential redevelopment, potentially increasing costs and complexity for future projects.
Age of Property & Potential Maintenance: Built in 1926, the property is nearly a century old, which could imply ongoing maintenance requirements, potential for outdated infrastructure (e.g., plumbing, electrical, lack of central AC), and higher insurance premiums.
Partial Occupancy & Renovation Discrepancy: While two units are renovated and vacant, the other two are tenant-occupied, which could complicate a full property renovation or an owner-user's immediate access to all units. The renovation status of the occupied units is not specified.

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