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2809 W 8Th St, Los Angeles, CA 90005
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2809 W 8Th St Los Angeles, CA 90005

$3,215,000 Sold Price as of 03/11/2024
  • 0 Beds
  • 24 Baths
  • 13,290 Sq.Ft.
Sold
$3,215,000 Sold Price as of 03/11/2024 Refinance Your Mortgage
Map preview of 2809 W 8Th St, Los Angeles, CA 90005

Property Overview: 2809 W 8Th St Los Angeles, CA has -- bedrooms, 24 bathrooms, 13,290 living square feet and 6,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The units are large in size and extremely clean with upgrades. Please do not disturb the tenants. All showings will be subject to an accepted offer.

Listed by Chase Simonton | BRE #01766871 | RE/MAX One
Last checked: 3 minutes ago | Last updated: March 12th, 2024 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
6,250
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23312423
City
Los Angeles
County
Los Angeles
Time on Site
289 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 24
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 24
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $980
  • Total Rent: $23,525
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.21%
  • Gross Rent Multiplier: 11.51
  • Gross Scheduled Income: --
  • Net Operating Income: $169,394
  • Gross Operating Income: $282,300
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2809 W 8Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 24
  • Parcel Number: 5077019010
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Off 8th St and East of Vermont Ave
View more facts & features

Local Los Angeles Agent

Sale History for 2809 W 8Th St

Last sold for $3,215,000 on March 11th, 2024

  • March, 2024

  • Mar 11, 2024

    Date

    Sold

    CRMLS: 23312423

    $3,215,000

    Price

  • Sep 18, 2023

    Date

    Active

    CRMLS: 23312423

    $3,250,000

    Price

  • June, 2023

  • Jun 15, 2023

    Date

    Canceled

    CRMLS: 22154366

    $3,650,000

    Price

  • May 6, 2022

    Date

    Active

    CRMLS: 22154366

    $4,625,000

    Price

  • Listing provided courtesy of CRMLS

    Both Properties are wood frame and stucco and are individually metered for Gas & Electric. 2-Building Portfolio Sale Located at 2910 Leeward Ave & 2809 8th Street in Prime Mid-Wilshire. This is an incredible opportunity to own two adjacent properties, separate APN's, totaling 54 units. 2910 Leeward Ave is a 30-unit with a mix of two bedrooms, one bedrooms, and singles. 2809 8th Street is a 24-unit building with all singles. Together, both buildings combine for 35,910 rentable square feet and sit on a combined 17,385 square foot lot zoned LAR4, Opportunity Zone. The units are large in size and extremely clean with upgrades. Please do not disturb the tenants. All showings will be subject to an accepted offer.

  • October, 1993

  • Oct 1, 1993

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

  • October, 1993

  • Oct 1, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2809 W 8Th St

Assessed Value (2020): $672,831
Year Land Value Improved Value Assessed Value
2020 $380,088 $292,743 $672,831

Home Value Compared to the Market

This property vs the competition

2809 W 8Th St sold on March 11, 2024 for 155.1% 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 $244.54 per/sqft which puts the price per square foot 69.08% lower than the current median sale per square foot for the city of Los Angeles.

About 2809 W 8Th St

Detailed summary of property

2809 W 8Th St is a multi family that recently sold in Los Angeles, CA 90005. This multi family property offered -- bedrooms, 24 bathrooms, roughly 13,290 living square feet, and sits on an approximately 6,250 square foot lot. 2809 W 8Th St was first listed on ArdentRealEstateGroup.com on September 18, 2023. The homeowner sold the property for $3,215,000. 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 155.1% higher than the current median priced home. Local homes that are currently for sale include 132 S Westmoreland Ave, 2730 Council St and 136 N Rampart Blvd. While the average home in Los Angeles, CA is selling in 100 days, 2809 W 8Th St has a days on market of 35 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 2809 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 2809 W 8Th St

Public county record property details
Beds
--
Baths
--
Year built
1923
Sq. Ft.
13,290
Lot Size
6,249
Stories
--
Type
Farm (Irrigated Or Dry)
Pool
No
Spa
No
County
Los Angeles
Lot#
54
APN
5077-019-010

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.
$641
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$548
Total Inventory
41
Median Sale to List Price %
97.53%
Avg Days on Market
19
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (25%)

Thinking of Selling?

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(714) 706-1823

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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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