2795 W 8Th St Los Angeles, CA 90005

$6,000,000 Sold Price as of 09/27/2019

8 Beds
-- Baths
20,200 Sq.Ft.

Off Market

$6,000,000 Sold Price as of 09/27/2019 Refinance Your Mortgage

Property Overview: 2795 W 8Th St Los Angeles, CA has 8 bedrooms, -- bathrooms, 20,200 living square feet and 6,270 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2795 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 2795 W 8Th St

Last sold for $6,000,000 on September 27th, 2019

December, 2023
Dec 2, 2023

Date

Expired

CRMLS: 23308505

$3,799,000

Price
Mar 1, 2023

Date

Active

CRMLS: 23308505

$4,500,000

Price
Listing provided courtesy of CRMLS

2795 West 8th, a 36-unit investment opportunity located in the highly sought-after Koreatown neighborhood of Los Angeles. Located on 8th St, between W 7th St and Francis Ave, and is near MacArthur Park. This is a value-added opportunity with over 18% rental upside achievable as units turn. High Walk Score of 92, 2795 West 8th is located one block from the Metro Red / Purple line making it a walkers paradise with many nearby markets, shops, schools and restaurants. Central location that is beneficial for residents that commute throughout the city with close proximity to Downtown Los Angeles, Koreatown, Echo Park, and Silver Lake. Located in an ideal rental market that continues to grow, illustrated through the plentiful new developments currently under construction in the areaThe subject property is being sold by way of Receivership. The sale will be subject to a court confirmation overbid hearing. Please contact the agents for additional details.

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August, 2023
Aug 18, 2023

Date

Canceled

CRMLS: 23251845

$6,600,000

Price
Mar 1, 2023

Date

Active

CRMLS: 23251845

$8,000,000

Price
Listing provided courtesy of CRMLS
September, 2019
Sep 27, 2019

Date

Sold (Public Records)

Public Records

$6,000,000

Price
October, 2015
Oct 29, 2015

Date

Sold (Public Records)

Public Records

$3,668,000

Price

Tax History for 2795 W 8Th St

Assessed Value (2020): $6,007,860

Year	Land Value	Improved Value	Assessed Value
2020	$4,000,000	$2,007,860	$6,007,860

About 2795 W 8Th St

Detailed summary of property

2795 W 8Th St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90005 and last sold on September 27, 2019 for $6,000,000. This property has 8 bedrooms, -- bathrooms, roughly 20,200 living square feet, and sits on an approximately 6,270 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 435.71% higher than the current median priced home. 2795 W 8Th St was last sold on September 27, 2019 for $6,000,000. Local nearby listings include 927 S Ogden Dr, 2039 N Avenue 52 and 1124 Montecito Dr. 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 2795 W 8Th St Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2795 W 8Th St

Public county record property details

Beds: 8
Baths: --
Year built: 1925
Sq. Ft.: 20,200
Lot Size: 6,270
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 56
APN: 5077-020-013

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$839,000

Median List Price/Sq.Ft.

$643

Median Sold Price

$695,000

Median Sold Price/Sq.Ft.

$564

Total Inventory

Median Sale to List Price %

92.79%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (0%), Other (12.5%)

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(714) 706-1823

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