2823 W 8Th St, Los Angeles, CA 90005
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2823 W 8Th St Los Angeles, CA 90005

$1,400,000
  • 4 Beds
  • 3 Baths
  • 3,480 Sq.Ft.
For Sale
$1,400,000 Get Pre-Qualified

Map preview of 2823 W 8Th St, Los Angeles, CA 90005

Property Overview: 2823 W 8Th St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 3,480 living square feet and 6,252 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Fantastic Investment Opportunity! Bank-Owned Property with LAR4-2 Zoning! Unlock the potential of this prime real estate gem! Nestled in a coveted area with LAR4-2 zoning, this bank-owned property presents an unparalleled opportunity for savvy investors. Whether you're looking to develop residential units, commercial spaces, or a blend of both, the possibilities are endless. Don't miss out on this rare chance to acquire a bank-owned property with immense potential. Act now and turn your vision into reality!

Listed by Seung Soo "Eric" Min | BRE #01392922 | Dream Realty & Investments, Inc.
Co-listed by Jinwook Cho | BRE #01456384 | Dream Realty & Investments Inc
Last checked: 4 minutes ago | Last updated: March 5th, 2024 | Source CRMLS | DOM: 42
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Home details

Lot Sq. Ft
6,252
HOA Dues
$0/mo
Year built
1908
Garage
7 Car
Property Type:
Mixed Use
Status
Active
MLS#
SR24044302
City
Los Angeles
County
Los Angeles
Time on Site
53 days

Open Houses for 2823 W 8Th St

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Property Details for 2823 W 8Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 3
  • Eating Area: Area
  • Flooring: Carpet, Laminate
  • Family Room
Kitchen Information
  • Has Appliances
  • Gas Oven
  • Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 3
Interior Features
  • Unfurnished
  • Levels: Two
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Other
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway
  • No Attached Garage
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 1
  • Parcel Number: 5077019008
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: Parking
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Other
  • Utilities: Other
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: 8 ST / VERMONT
Neighborhood Information
  • Community Features: Sidewalks
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Sale History for 2823 W 8Th St

Last sold for $1,420,000 on October 26th, 2021
  • March, 2024

  • Mar 5, 2024

    Date

    Active

    CRMLS: SR24044302

    $1,400,000

    Price

  • July, 2021

  • Jul 27, 2021

    Date

    Active Under Contract

    CRMLS: 21728508

    $1,450,000

    Price

  • May 10, 2021

    Date

    Active

    CRMLS: 21728508

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Recently listed home sits on a large 6,250 SF lot adjacent to 8th street within the Los Angeles Tier 3 Opportunity zone area with a LAR4-2 zoning code. These 4 bedrooms and 3 bathrooms total of 3,450 sf of the house has been recently remodeled with new custom blinds and modern bathroom amenities. Some of the unique features of this home are the huge basement and private viewing deck from the master bedroom. The house has a dual motor HVAC system that can regulate upstairs and downstairs, as well as the CCTV system throughout the home which will be included in the sales. Great home for a family, or uses as a home and business, and also Great opportunity for investment. Buyer to check all the necessary information regarding the type of business and other related information to the property.

  • February, 2010

  • Feb 17, 2010

    Date

    Sold (Public Records)

    Public Records

    $570,000

    Price

  • December, 2009

  • Dec 10, 2009

    Date

    Sold (Public Records)

    Public Records

    $430,027

    Price

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Tax History for 2823 W 8Th St

Assessed Value (2020): $672,756
Year Land Value Improved Value Assessed Value
2020 $413,097 $259,659 $672,756

Home Value Compared to the Market

This property vs the competition

2823 W 8Th St is listed 13.27% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $402.3 per/sqft which puts the price per square foot 47.96% lower than the median price per square foot for the city of Los Angeles.

About 2823 W 8Th St

Detailed summary of property

2823 W 8Th St is a mixed use located in Los Angeles, CA 90005 and is currently for sale. This mixed use property offers 4 bedrooms, 3 bathrooms, roughly 3,480 living square feet, and sits on an approximately 6,252 square foot lot. 2823 W 8Th St was first listed on ArdentRealEstateGroup.com on March 5, 2024. The homeowner is currently asking $1,400,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 13.27% higher than the median priced home. Local competing homes currently for sale include 2007 Pennsylvania Ave, 2016 Pennsylvania Ave and 2015 Pennsylvania Ave. While the average home in Los Angeles, CA is selling in 96 days, 2823 W 8Th St has a days on market of 42 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 2823 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 2823 W 8Th St

Public county record property details
Beds
4
Baths
1
Year built
1908
Sq. Ft.
3,480
Lot Size
6,250
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
52
APN
5077-019-008

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
$849,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$830,000
Median Sold Price/Sq.Ft.
$555
Total Inventory
29
Median Sale to List Price %
94.86%
Avg Days on Market
10
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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Related Resources to 2823 W 8Th St

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.