1231 W 8th St Los Angeles, CA 90017

$2,150,000 Sold Price as of 12/07/2018

-- Beds
-- Baths
7,143 Sq.Ft.

Off Market

$2,150,000 Sold Price as of 12/07/2018 Refinance Your Mortgage

Map preview of 1231 W 8th St, Los Angeles, CA 90017

Property Overview: 1231 W 8th St Los Angeles, CA has -- bedrooms, -- bathrooms, 7,143 living square feet and 5,506 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1231 W 8th St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1231 W 8th St

Last sold for $2,150,000 on December 7th, 2018

February, 2024
Feb 10, 2024

Date

Expired

CRMLS: SR23159648

$1,800,000

Price
Aug 28, 2023

Date

Active

CRMLS: SR23159648

$1,800,000

Price
Listing provided courtesy of CRMLS

Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. At present, all units are occupied with varying rental amounts. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. There’s plenty of potential with this property and provides many possibilities! Find out more today!

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August, 2023
Aug 11, 2023

Date

Canceled

CRMLS: SR23025431

$1,800,000

Price
Feb 20, 2023

Date

Active

CRMLS: SR23025431

$2,800,000

Price
Listing provided courtesy of CRMLS

Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. At present, all units are occupied with varying rental amounts. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. There’s plenty of potential with this property and provides many possibilities! Find out more today!

Continue Reading
March, 2023
Mar 31, 2023

Date

Expired

CRMLS: 23235113

$2,000,888

Price
Jan 23, 2023

Date

Active

CRMLS: 23235113

$2,000,888

Price
Listing provided courtesy of CRMLS

Built in 1907, 1231 W 8th Street is a well-maintained twenty-two-unit apartment building. The 7,143 SF structure sits on a 5,507 SF of land. Located on a corner lot, the property is comprised of (18) SRO units and (4) bachelor units in a two-story structure. The building is master metered with an on-site laundry facility and large kitchen.1231 W 8th St apartments is in the Westlake submarket of Los Angeles, which is undergoing an immense revitalization through developments and gentrification. The area is known for its Victorian style homes and apartments and its historic MacArthur Park. The immediate area is experiencing developments due to the Transit Oriented Communities incentive. Local amenities include Loyola Law School and PIH Health Good Samaritan Hospital.

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August, 2021
Aug 2, 2021

Date

Active

CRMLS: 21767150

$2,800,000

Price
Listing provided courtesy of CRMLS

Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. At present, all units are occupied with varying rental amounts. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. Theres plenty of potential with this property and provides many possibilities! Find out more today!

Continue Reading
July, 2021
Jul 23, 2021

Date

Active

CRMLS: 21765900

$2,800,000

Price
Listing provided courtesy of CRMLS

The property is a 22 unit wood frame stucco building (17 SRO's with shared bathrooms and 5 units with their own bathroom) located adjacent to Downtown Los Angeles. The Westlake area of Los Angeles has is experiencing gentrification and there are many new developments taking place. The building is within walking distance to mass transportation and the diverse amenities that Downtown Los Angeles has to offer. The 2 story building is master metered and has a large community kitchen and laundry room. A savvy investor can remodel the building and target the spillover crowd from Downtown to capture higher rents or build ground up with the favorable zoning and TOC (Transit Oriented Communities) incentive.

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July, 2021
Jul 21, 2021

Date

Canceled

CRMLS: SR20255150

$2,800,000

Price
Dec 11, 2020

Date

Active

CRMLS: SR20255150

$2,800,000

Price
Listing provided courtesy of CRMLS

Great investment opportunity in the bustling city of Downtown L.A.! On the corner of West 8th Street and Hartford Avenue is a neat income property offers 22 units within a 7,143-sqft building. Inside, the property has a community laundry area located on the first floor of the structure, includes two community kitchen areas, private bathrooms for a select four units, and four communal bathrooms for the remaining eighteen units. At present, all units are occupied with varying rental amounts. With easy access to public transportation, local dining, and markets, this property is an ideal location for potential tenants. There’s plenty of potential with this property and provides many possibilities! Find out more today!

Continue Reading
December, 2018
Dec 7, 2018

Date

Sold (Public Records)

Public Records

$2,150,000

Price
October, 2010
Oct 20, 2010

Date

Sold (Public Records)

Public Records

$580,005

Price

Tax History for 1231 W 8th St

Assessed Value (2020): $2,193,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,825,800	$367,200	$2,193,000

About 1231 W 8th St

Detailed summary of property

1231 W 8th St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90017 and last sold on December 7, 2018 for $2,150,000. This property has -- bedrooms, -- bathrooms, roughly 7,143 living square feet, and sits on an approximately 5,506 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 91.96% higher than the current median priced home. 1231 W 8th St was last sold on December 7, 2018 for $2,150,000. Local nearby listings include 889 Francisco St #710, 889 Francisco St #2401 and 889 Francisco St #3109. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1231 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 1231 W 8th St

Public county record property details

Beds: --
Baths: --
Year built: 1907
Sq. Ft.: 7,143
Lot Size: 5,506
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 29
APN: 5143-011-014

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

$600,000

Median List Price/Sq.Ft.

$747

Median Sold Price

$675,000

Median Sold Price/Sq.Ft.

$538

Total Inventory

100

Median Sale to List Price %

96.43%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (20%), Other (0%)

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Call, Text or Message

(714) 706-1823

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