Search
1224 W 8th St, Los Angeles, CA 90017
View Photos

1224 W 8th St Los Angeles, CA 90017

$2,580,000 Sold Price as of 10/04/2019
  • 0 Beds
  • 0 Baths
  • 11,476 Sq.Ft.
Sold
$2,580,000 Sold Price as of 10/04/2019 Refinance Your Mortgage
Map preview of 1224 W 8th St, Los Angeles, CA 90017

Property Overview: 1224 W 8th St Los Angeles, CA has -- bedrooms, -- bathrooms, 11,476 living square feet and 8,116 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer this 20 unit multi-family building consisting of 2 one bedroom, one bathroom units and 18 single units with private bathrooms, each unit has its own electric and gas meter. This property is minutes away from Staples Center, LA Live, Convention Center, Downtown Los Angeles, Koreatown and much more. Take a look at all this location and building has to offer.

Listed by Shumei Kam | BRE #00798181 | Coldwell Banker George Realty
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
8,116
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
AR19164092
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 1
  • # of Electric Meters: 21
  • # of Gas Meters: 21
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 20
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $191,240
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 1224 W 8th St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: Street
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 20
  • Parcel Number: 5143002006
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Garland Ave & Witmer St.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1224 W 8th St

Last sold for $2,580,000 on October 4th, 2019

  • October, 2019

  • Oct 7, 2019

    Date

    Sold

    CRMLS: AR19163048

    $2,580,000

    Price

  • Aug 2, 2019

    Date

    Active Under Contract

    CRMLS: AR19163048

    $2,885,000

    Price

  • Jul 10, 2019

    Date

    Active

    CRMLS: AR19163048

    $2,885,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2019

  • Oct 7, 2019

    Date

    Sold

    CRMLS: AR19164092

    $2,580,000

    Price

  • Aug 2, 2019

    Date

    Active Under Contract

    CRMLS: AR19164092

    $2,885,000

    Price

  • Jul 11, 2019

    Date

    Active

    CRMLS: AR19164092

    $2,885,000

    Price

  • October, 2019

  • Oct 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,580,000

    Price

  • June, 2019

  • Jun 7, 2019

    Date

    Canceled

    CRMLS: WS19105963

    $2,888,000

    Price

  • May 26, 2019

    Date

    Active Under Contract

    CRMLS: WS19105963

    $2,888,000

    Price

  • May 23, 2019

    Date

    Active

    CRMLS: WS19105963

    $2,888,000

    Price

  • May 20, 2019

    Date

    Active Under Contract

    CRMLS: WS19105963

    $2,888,000

    Price

  • May 17, 2019

    Date

    Hold

    CRMLS: WS19105963

    $2,888,000

    Price

  • May 8, 2019

    Date

    Active

    CRMLS: WS19105963

    $2,888,000

    Price

  • Listing provided courtesy of CRMLS

    Exciting opportunity for future mixed-use development with existing 20 units apartment providing stable cash flow. Located in Westlake South area nestled between Downtown and Koreatown. Subject property just north of Loyola Law School and a few blocks away from Downtown Los Angeles, Staples Center, LA Live, Convention Center and much, much more. Existing two-story building has two (2) of one-bedroom/one-bathroom units and eighteen (18) of singles. Each unit with its own electricity and gas meter. Stable tenancy in high desirable area.

  • November, 2009

  • Nov 4, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1224 W 8th St

Assessed Value (2020): $2,582,000
Year Land Value Improved Value Assessed Value
2020 $2,400,000 $182,000 $2,582,000

Home Value Compared to the Market

This property vs the competition

1224 W 8th St sold on October 4, 2019 for 126.45% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $251.39 per/sqft which puts the price per square foot 68.22% lower than the current median sale per square foot for the city of Los Angeles.

About 1224 W 8th St

Detailed summary of property

1224 W 8th St is a multi family that recently sold in Los Angeles, CA 90017. This multi family property offered -- bedrooms, -- bathrooms, roughly 11,476 living square feet, and sits on an approximately 8,116 square foot lot. 1224 W 8th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,580,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 126.45% higher than the current median priced home. Local homes that are currently for sale include 259 N Burlington Ave, 136 N Rampart Blvd and 136 N Rampart Blvd. While the average home in Los Angeles, CA is selling in 100 days, 1224 W 8th St has a days on market of 18 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1224 W 8th St Los Angeles, CA 90017 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1224 W 8th St

Public county record property details
Beds
--
Baths
20
Year built
1923
Sq. Ft.
11,476
Lot Size
8,116
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5143-002-006

The source for these homes facts are from public records.

90017 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$639,999
Median List Price/Sq.Ft.
$745
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$602
Total Inventory
99
Median Sale to List Price %
89.03%
Avg Days on Market
89
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (14.29%), Other (14.29%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1224 W 8th St

Nearby Homes for Sale

819 Beacon Ave, Los Angeles, CA 90017
$2,375,000
8 Beds
15 Baths
10340 Sq.Ft.
819 Beacon Ave
Los Angeles, CA 90017
411 Witmer St, Los Angeles, CA 90017
$2,700,000
14 Beds
12 Baths
8586 Sq.Ft.
411 Witmer St
Los Angeles, CA 90017
1801 W 5th St, Los Angeles, CA 90057
$2,300,000
13 Beds
9 Baths
6842 Sq.Ft.
1801 W 5th St
Los Angeles, CA 90057
318 Columbia Ave, Los Angeles, CA 90017
$2,695,000
13 Beds
10 Baths
4444 Sq.Ft.
318 Columbia Ave
Los Angeles, CA 90017
1037 S Bonnie Brae St, Los Angeles, CA 90006
$2,295,000
4 Beds
2 Baths
3524 Sq.Ft.
1037 S Bonnie Brae St
Los Angeles, CA 90006
2330 W 3rd St, Los Angeles, CA 90057
$2,990,000
12 Beds
12 Baths
8262 Sq.Ft.
2330 W 3rd St
Los Angeles, CA 90057
1978 Estrella Ave, Los Angeles, CA 90007
$2,200,000
8 Beds
10 Baths
3752 Sq.Ft.
1978 Estrella Ave
Los Angeles, CA 90007
325 N Union Ave, Los Angeles, CA 90026
$2,890,000
12 Beds
13 Baths
5418 Sq.Ft.
325 N Union Ave
Los Angeles, CA 90026
1146 S Elden Ave, Los Angeles, CA 90006
$2,880,000
14 Beds
11 Baths
12306 Sq.Ft.
1146 S Elden Ave
Los Angeles, CA 90006
1215 Elden Ave, Los Angeles, CA 90006
$2,200,000
63 Beds
63 Baths
5758 Sq.Ft.
1215 Elden Ave
Los Angeles, CA 90006
1041 Elden Ave, Los Angeles, CA 90006
$2,200,000
6 Beds
3 Baths
5991 Sq.Ft.
1041 Elden Ave
Los Angeles, CA 90006
2143 Portland St, Los Angeles, CA 90007
$2,390,000
12 Beds
10 Baths
4761 Sq.Ft.
2143 Portland St
Los Angeles, CA 90007

Recently Sold Homes Near 1224 W 8th St

729 Witmer St, Los Angeles, CA 90017
$790,000 Last Sold Price
2 Beds
2 Baths
1506 Sq.Ft.
729 Witmer St
Los Angeles, CA 90017
726 Columbia Ave, Los Angeles, CA 90017
$640,000 Last Sold Price
5 Beds
2 Baths
2803 Sq.Ft.
726 Columbia Ave
Los Angeles, CA 90017
1523 Cambria St, Los Angeles, CA 90017
$760,000 Last Sold Price
4 Beds
3 Baths
2183 Sq.Ft.
1523 Cambria St
Los Angeles, CA 90017
1403 W 10th Pl, Los Angeles, CA 90015
$585,000 Last Sold Price
0 Beds
4 Baths
1908 Sq.Ft.
1403 W 10th Pl
Los Angeles, CA 90015

Related Resources to 1224 W 8th St

New Listings in 90017
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

Refi Quote