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5355 W 8Th St, Los Angeles, CA 90036
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5355 W 8Th St Los Angeles, CA 90036

$2,200,000 Sold Price as of 11/14/2023
  • 8 Beds
  • 4 Baths
  • 6,043 Sq.Ft.
Sold
$2,200,000 Sold Price as of 11/14/2023 Refinance Your Mortgage
Map preview of 5355 W 8Th St, Los Angeles, CA 90036

Property Overview: 5355 W 8Th St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 6,043 living square feet and 8,776 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Classic Los Angeles Spanish style quadruplex located in the Miracle Mile district. Close proximity to Beverly Hills, West Hollywood, Hancock Park, The Grove and Koreatown. In walking distance to shopping, restaurants, museums, places of worship and public transportation. Each unit features 2 bedrooms, 1.25 bathrooms, bonus office/den. This Spanish architecture highlights tall ceilings, hardwood floors throughout, steel railings, arched doors and passageways, textured plaster walls, garden area/ patio/balconies, separate gas and electric meters, washers and dryers, front and back door, garages and extra storage space. This unique investment opportunity offers rent and development upsides.

Listed by Paul Franco | BRE #01850956 | Brickside Real Estate
Last checked: 2 minutes ago | Last updated: November 14th, 2023 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
8,776
HOA Dues
$0/mo
Year built
1926
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
FR23174871
City
Los Angeles
County
Los Angeles
Time on Site
281 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $7,719
  • Total Rent: $92,628
  • Pro Forma/Market Rent: $163,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.67%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $92,628
  • Net Operating Income: $63,738
  • Gross Operating Income: $92,628
Annual Expense Breakdown
  • Total Operating Expense: $25,850
  • Trash: $4
  • Insurance: $4,152
  • Water/Sewer: $4

Property Details for 5355 W 8Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Den, Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Refrigerator
Interior Features
  • 2 Staircases, Balcony, Built-in Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5089002012
  • Year Built Source: Appraiser
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Corner of 8th street and Detroit
Neighborhood Information
  • Community Features: Park
View more facts & features

Local Los Angeles Agent

Sale History for 5355 W 8Th St

Last sold for $2,200,000 on November 14th, 2023

  • November, 2023

  • Nov 14, 2023

    Date

    Sold

    CRMLS: FR23174871

    $2,200,000

    Price

  • Sep 18, 2023

    Date

    Active

    CRMLS: FR23174871

    $2,499,000

    Price

  • October, 2006

  • Oct 23, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5355 W 8Th St

Assessed Value (2020): $194,088
Year Land Value Improved Value Assessed Value
2020 $129,554 $64,534 $194,088

Home Value Compared to the Market

This property vs the competition

5355 W 8Th St sold on November 14, 2023 for 121.15% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $413.54 per/sqft which puts the price per square foot 45.15% lower than the current median sale per square foot for the city of Los Angeles.

About 5355 W 8Th St

Detailed summary of property

5355 W 8Th St is a fourplex that recently sold in Los Angeles, CA 90036. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 6,043 living square feet, and sits on an approximately 8,776 square foot lot. 5355 W 8Th St was first listed on ArdentRealEstateGroup.com on September 19, 2023. The homeowner sold the property for $2,200,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 121.15% higher than the current median priced home. Local homes that are currently for sale include 924 S Orange Grove Ave, 1831 S Redondo Blvd and 1852 S La Brea Ave. While the average home in Los Angeles, CA is selling in 98 days, 5355 W 8Th St has a days on market of 10 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 5355 W 8Th St Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5355 W 8Th St

Public county record property details
Beds
8
Baths
4
Year built
1926
Sq. Ft.
6,043
Lot Size
8,775
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5089-002-012

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,150,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$1,490,000
Median Sold Price/Sq.Ft.
$878
Total Inventory
46
Median Sale to List Price %
99.33%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (26.32%), Other (21.05%)

Thinking of Selling?

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Recently Sold Homes Near 5355 W 8Th St

813 S Detroit St, Los Angeles, CA 90036
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4 Baths
-- Sq.Ft.
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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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