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3033 E 8Th St, Los Angeles, CA 90023
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3033 E 8Th St Los Angeles, CA 90023

$1,650,000
  • 8 Beds
  • 0 Baths
  • 6,500 Sq.Ft.
For Sale
$1,650,000 Get Pre-Qualified
Map preview of 3033 E 8Th St, Los Angeles, CA 90023

Property Overview: 3033 E 8Th St Los Angeles, CA has 8 bedrooms, -- bathrooms, 6,500 living square feet and 5,084 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: Don't miss the opportunity to own this 8-unit multifamily apartment complex, an investment primed for rapid value add! Offered at a competitive price. Each unit features a convenient 1 bedroom, 1 bathroom layout, with the bonus of separate meter. Although in need of some TLC, the potential for substantial returns is immense. With the right improvements, this property promises not only to increase in value but also to attract a steady stream of cash flow. Don't let this slip away, act now to transform this property into a lucrative asset!

Listed by Norman Domingo | BRE #02033318 | XRealty.Net
Last checked: 4 minutes ago | Last updated: January 2nd, 2024 | Source CRMLS | DOM: 95
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Home details

Lot Sq. Ft
5,084
HOA Dues
$0/mo
Year built
1963
Garage
8 Car
Property Type:
Mixed Use
Status
Active
MLS#
OC24000085
City
Los Angeles
County
Los Angeles
Time on Site
116 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 8
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $8,000
  • Net Operating Income: $8,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 3033 E 8Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Community
Room Information
  • All Bedrooms Down
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 8
  • Parcel Number: 5190009029
  • Year Built Source: Seller
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: PANORAMA TRACT EX OF ST LOT/SEC 35 BLK/DIV/TWN 4
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 3033 E 8Th St

View property's historical transactions

  • January, 2024

  • Jan 2, 2024

    Date

    Active

    CRMLS: OC24000085

    $1,650,000

    Price

Tax History for 3033 E 8Th St

Assessed Value (2020): $248,837
Year Land Value Improved Value Assessed Value
2020 $48,231 $200,606 $248,837

Home Value Compared to the Market

This property vs the competition

3033 E 8Th St is listed 33.5% 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 $253.85 per/sqft which puts the price per square foot 67.16% lower than the median price per square foot for the city of Los Angeles.

About 3033 E 8Th St

Detailed summary of property

3033 E 8Th St is a mixed use located in Los Angeles, CA 90023 and is currently for sale. This mixed use property offers 8 bedrooms, -- bathrooms, roughly 6,500 living square feet, and sits on an approximately 5,084 square foot lot. 3033 E 8Th St was first listed on ArdentRealEstateGroup.com on January 2, 2024. The homeowner is currently asking $1,650,000. 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 33.5% higher than the median priced home. Local competing homes currently for sale include 145 W 47 St, 316 N Coronado St and 2823 W 8th St. While the average home in Los Angeles, CA is selling in 96 days, 3033 E 8Th St has a days on market of 95 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 3033 E 8Th St Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3033 E 8Th St

Public county record property details
Beds
8
Baths
8
Year built
1963
Sq. Ft.
4,183
Lot Size
5,089
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
35
APN
5190-009-029

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$610,000
Median List Price/Sq.Ft.
$679
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$537
Total Inventory
17
Median Sale to List Price %
102.86%
Avg Days on Market
24
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), 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.

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