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4062 8Th Ave, Los Angeles, CA 90008
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4062 8Th Ave Los Angeles, CA 90008

$795,000 Sold Price as of 12/15/2023
  • 4 Beds
  • 3 Baths
  • 2,189 Sq.Ft.
Sold
$795,000 Sold Price as of 12/15/2023 Refinance Your Mortgage
Map preview of 4062 8Th Ave, Los Angeles, CA 90008

Property Overview: 4062 8Th Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,189 living square feet and 6,094 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: You can own this charming Duplex in beautiful historical Lemiert Park for less than market value. The property does need some repair but has amazing hardwood floors, fireplaces in both Units garages and a Large heated Swimming pool in the back yard. With a little TLC this could be the crowning Jewel of the neighborhood ! Both Units will be vacant at the close of escrow . Very Motivated Seller

Listed by Martin Watkins | BRE #01249364 | Watkins Realty & Investments
Last checked: 8 minutes ago | Last updated: December 18th, 2023 | Source CRMLS | DOM: 39

Home details

Lot Sq. Ft
6,094
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23323591
City
Los Angeles
County
Los Angeles
Time on Site
344 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.3
  • Gross Scheduled Income: --
  • Net Operating Income: $54,320
  • Gross Operating Income: $56,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4062 8Th Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Fireplace(s), Wall Furnace
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Features
  • Pool Features: In Ground, Heated, Diving Board
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Carport
Property Information
  • Has View
  • View: Hills
  • Total # of Units: 2
  • Parcel Number: 5023002006
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Just south of Martin Luther King Blvd at 8th avenue
View more facts & features

Local Los Angeles Agent

Sale History for 4062 8Th Ave

Last sold for $795,000 on December 15th, 2023

  • December, 2023

  • Dec 15, 2023

    Date

    Sold

    CRMLS: 23323591

    $795,000

    Price

  • Oct 19, 2023

    Date

    Active

    CRMLS: 23323591

    $999,000

    Price

Tax History for 4062 8Th Ave

Assessed Value (2020): $96,794
Year Land Value Improved Value Assessed Value
2020 $51,532 $45,262 $96,794

Home Value Compared to the Market

This property vs the competition

4062 8Th Ave sold on December 15, 2023 for 21.88% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $399.73 per/sqft which puts the price per square foot 44.79% lower than the current median sale per square foot for the city of Los Angeles.

About 4062 8Th Ave

Detailed summary of property

4062 8Th Ave is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,189 living square feet, and sits on an approximately 6,094 square foot lot. 4062 8Th Ave was first listed on ArdentRealEstateGroup.com on October 20, 2023. The homeowner sold the property for $795,000. Home 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 21.88% lower than the current median priced home. Local homes that are currently for sale include 5472 6th Ave, 2826 5th Ave and 5721 7th Ave. While the average home in Los Angeles, CA is selling in 106 days, 4062 8Th Ave has a days on market of 39 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 4062 8Th Ave Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4062 8Th Ave

Public county record property details
Beds
3
Baths
2
Year built
1940
Sq. Ft.
2,189
Lot Size
6,206
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
559,560
APN
5023-002-006

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$672
Median Sold Price
$1,315,000
Median Sold Price/Sq.Ft.
$602
Total Inventory
46
Median Sale to List Price %
94%
Avg Days on Market
29
Loan Type
Conventional (21.43%), FHA (0%), VA (0%), Cash (21.43%), Other (7.14%)

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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