3945 W 8Th St Los Angeles, CA 90005

$500,000 Sold Price as of 05/29/1998

19 Beds
19 Baths
11,164 Sq.Ft.

Off Market

$500,000 Sold Price as of 05/29/1998 Refinance Your Mortgage

Map preview of 3945 W 8Th St, Los Angeles, CA 90005

Property Overview: 3945 W 8Th St Los Angeles, CA has 19 bedrooms, 19 bathrooms, 11,164 living square feet and 10,484 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3945 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 3945 W 8Th St

Last sold for $500,000 on May 29th, 1998

December, 2023
Dec 1, 2023

Date

Expired

CRMLS: 23275713

$3,395,000

Price
May 31, 2023

Date

Active

CRMLS: 23275713

$3,950,000

Price
Listing provided courtesy of CRMLS

$400,0000 PRICE REDUCTION!!! Terrific opportunity to acquire a 14 unit Multi Family investment deal adjacent to Hancock Park. This corner lot, gated property has a great Unit Mix with 4 (2 +2) 1 (2+1) and 9 (1+1) with many units having private porches. An additional $1,100 in income in February 2024 with 7% increases. Both a 1 bedroom and 2 bedroom can be delivered vacant at closing. The property has been professionally managed and is separately metered for Gas and Electric. The soft story retrofit work has been completed. Property is located near many newer developments, near shopping, hotels, entertainment, restaurants and a block away from local transportation. Aprox another 40% upside in this deal. Buyers to cooperate with Sellers 1031 Tax Exchange

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May, 1998
May 29, 1998

Date

Sold (Public Records)

Public Records

$500,000

Price

Tax History for 3945 W 8Th St

Assessed Value (2020): $730,724

Year	Land Value	Improved Value	Assessed Value
2020	$306,599	$424,125	$730,724

About 3945 W 8Th St

Detailed summary of property

3945 W 8Th St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90005 and last sold on May 29, 1998 for $500,000. This property has 19 bedrooms, 19 bathrooms, roughly 11,164 living square feet, and sits on an approximately 10,484 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 55.36% lower than the current median priced home. 3945 W 8Th St was last sold on May 29, 1998 for $500,000. Local nearby listings include 3810 Wilshire Blvd #804, 3810 Wilshire Blvd #1204 and 966 S St Andrews Pl #203. 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 3945 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 3945 W 8Th St

Public county record property details

Beds: 19
Baths: 19
Year built: 1960
Sq. Ft.: 11,164
Lot Size: 10,484
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 23,24
APN: 5092-028-035

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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