2824 8th Ave, Los Angeles, CA 90018
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2824 8th Ave Los Angeles, CA 90018

$760,000 Sold Price as of 12/31/2019
  • 4 Beds
  • 2 Baths
  • 1,755 Sq.Ft.
Sold
$760,000 Sold Price as of 12/31/2019 Refinance Your Mortgage

Map preview of 2824 8th Ave, Los Angeles, CA 90018

Property Overview: 2824 8th Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,755 living square feet and 7,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DESCRIPTION Great Duplex, well maintained, recently painted, in City of Los Angeles! 2 Units consist of 2 bedroom 1 bath each one. each property with their own electrical and gas meter. Property is fully gated with long driveway to parking area in back that fits up to 5 cars. Front unit features a front porch overlooking the front yard that has lots of foliage making it great for privacy. Located within 2 miles of University of Southern California (USC), Exposition Park, LA Memorial Coliseum (Temporary home of the Rams), California Science Center, museums, restaurants, grocery stores, parks, bank branches, shopping centers, 10 & 110 FWY and much more.

Listed by Flor Campero | BRE #01722681 | Berkshire Hathaway Home Srvs
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 51

Home details

Lot Sq. Ft
7,499
HOA Dues
$0/mo
Year built
1926
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW19208461
City
Los Angeles
County
Los Angeles
Time on Site
1269 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $13,200
  • Pro Forma/Market Rent: $24,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $24,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $18,000
  • Net Operating Income: $12,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,000
  • Electric: $1,200
  • Gas/Fuel: $0
  • New Taxes: $7,200
  • Trash: $500
  • Insurance: $0
  • Water/Sewer: $500

Property Details for 2824 8th Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Outside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5051020021
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Conventional Septic
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: near to Arlington and western
Neighborhood Information
  • Community Features: Biking
View more facts & features

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Sale History for 2824 8th Ave

Last sold for $760,000 on December 31st, 2019
  • January, 2020

  • Jan 3, 2020

    Date

    Sold

    CRMLS: DW19208461

    $760,000

    Price

  • Nov 7, 2019

    Date

    Pending

    CRMLS: DW19208461

    $711,000

    Price

  • Aug 31, 2019

    Date

    Active

    CRMLS: DW19208461

    $711,000

    Price

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: DW19208473

    $711,000

    Price

  • Aug 31, 2019

    Date

    Withdrawn

    CRMLS: DW19208473

    $711,000

    Price

  • Aug 31, 2019

    Date

    Active

    CRMLS: DW19208473

    $711,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2019

  • Dec 31, 2019

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

  • February, 2007

  • Feb 2, 2007

    Date

    Sold (Public Records)

    Public Records

    $640,000

    Price

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Tax History for 2824 8th Ave

Assessed Value (2020): $760,000
Year Land Value Improved Value Assessed Value
2020 $600,000 $160,000 $760,000

Home Value Compared to the Market

This property vs the competition

2824 8th Ave sold on December 31, 2019 for 44.19% lower 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 $405.13 per/sqft which puts the price per square foot 48.78% lower than the current median sale per square foot for the city of Los Angeles.

About 2824 8th Ave

Detailed summary of property

2824 8th Ave is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,755 living square feet, and sits on an approximately 7,499 square foot lot. 2824 8th Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $760,000. 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 44.19% lower than the current median priced home. Local homes that are currently for sale include 1306 W Martin Luther King Jr Blvd, 5175 S Van Ness Ave and 1466 W 22nd St. While the average home in Los Angeles, CA is selling in 100 days, 2824 8th Ave has a days on market of 51 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 2824 8th Ave Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2824 8th Ave

Public county record property details
Beds
4
Baths
2
Year built
1926
Sq. Ft.
1,755
Lot Size
7,499
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5051-020-021

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$995,000
Median List Price/Sq.Ft.
$710
Median Sold Price
$960,000
Median Sold Price/Sq.Ft.
$576
Total Inventory
51
Median Sale to List Price %
98.46%
Avg Days on Market
40
Loan Type
Conventional (0%), FHA (0%), VA (8.33%), Cash (33.33%), Other (0%)

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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.