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1539 W 8Th St, Los Angeles, CA 90017
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1539 W 8Th St Los Angeles, CA 90017

$1,500,000 Sold Price as of 09/21/2021
  • 32 Beds
  • 16 Baths
  • 6,656 Sq.Ft.
Sold
$1,500,000 Sold Price as of 09/21/2021 Refinance Your Mortgage
Map preview of 1539 W 8Th St, Los Angeles, CA 90017

Property Overview: 1539 W 8Th St Los Angeles, CA has 32 bedrooms, 16 bathrooms, 6,656 living square feet and 6,424 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great location and opportunity to own an investment property at the heart of Los Angeles with excellent cash flow in a highly demanding and centrally located area. Do not miss this excellent opportunity, this property is in a great Location and Building! The LAC2 land zoning value on its own, carries more value than the asking price! Original 1900’s vintage charm, the property sits on a 6,656 sf lot. Well maintained property with low maintenance. This Fourplex is located near all amenities of life close to schools, restaurants, Downtown Los Angeles, Conveniently located within walking distance to shopping centers, grocery stores, restaurants, coffee shops, banks, parks, gas stations, Metro Line, schools, museums. Easy access to major freeways with shopping and development happening all around.

Listed by ALFA LOPEZ | BRE #01487668 | COLDWELL BANKER TOWN & COUNTRY
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft
6,424
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV21118848
City
Los Angeles
County
Los Angeles
Time on Site
1204 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 8
  • # of Baths: 4
  • Actual Rent: $8,000
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1539 W 8Th St

Interior Features
Laundry Information
  • None
Exterior Features
Exterior Information
  • Roof: Shingle
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 4
  • Parcel Number: 5142023007
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 110 freeway exit 8th Street/cross street is South Union Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 1539 W 8Th St

Last sold for $1,500,000 on September 21st, 2021

  • September, 2021

  • Sep 22, 2021

    Date

    Sold

    CRMLS: CV21118848

    $1,500,000

    Price

  • Jul 21, 2021

    Date

    Active Under Contract

    CRMLS: CV21118848

    $1,777,888

    Price

  • Jul 9, 2021

    Date

    Hold

    CRMLS: CV21118848

    $1,777,888

    Price

  • Jun 2, 2021

    Date

    Active

    CRMLS: CV21118848

    $1,777,888

    Price

  • March, 2018

  • Mar 15, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2017

  • Sep 27, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1539 W 8Th St

Assessed Value (2020): $1,089,006
Year Land Value Improved Value Assessed Value
2020 $741,383 $347,623 $1,089,006

Home Value Compared to the Market

This property vs the competition

1539 W 8Th St sold on September 21, 2021 for 58.74% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $267.11 per/sqft which puts the price per square foot 63.11% lower than the current median sale per square foot for the city of Los Angeles.

About 1539 W 8Th St

Detailed summary of property

1539 W 8Th St is a multi family that recently sold in Los Angeles, CA 90017. This multi family property offered 32 bedrooms, 16 bathrooms, roughly 6,656 living square feet, and sits on an approximately 6,424 square foot lot. 1539 W 8Th St was first listed on ArdentRealEstateGroup.com on June 2, 2021. The homeowner sold the property for $1,500,000. Home 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 58.74% higher than the current median priced home. Local homes that are currently for sale include 206 S Saint Louis St, 1726 Crenshaw Blvd and 530 N Larchmont Blvd #2. While the average home in Los Angeles, CA is selling in 106 days, 1539 W 8Th St has a days on market of 36 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. For more information on this home for sale at 1539 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 1539 W 8Th St

Public county record property details
Beds
13
Baths
4
Year built
--
Sq. Ft.
6,656
Lot Size
6,424
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5142-023-007

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
87
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (20%), Other (0%)

Thinking of Selling?

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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.

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