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5812 8Th Ave, Los Angeles, CA 90043
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5812 8Th Ave Los Angeles, CA 90043

$780,000 Sold Price as of 08/06/2020
  • 5 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$780,000 Sold Price as of 08/06/2020 Refinance Your Mortgage
Map preview of 5812 8Th Ave, Los Angeles, CA 90043

Property Overview: 5812 8Th Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, -- living square feet and 4,798 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DUPLEX both units delivered VACANT!!!! Over 2,800 sq. ft. Upstairs light & bright unit is a 3 bed + 2bath with large living room & dining room that open to a long balcony with sliding glass doors. Master bedroom with its own en-suite bath plus 2 more oversized bedrooms. Large kitchen with separate laundry room. Downstairs unit is a 2 bed + 1.5 bath, very large living room, oversized master bedroom with its own ½ bath, large kitchen, & separate laundry room. Fresh carpet in the downstairs unit. Hardwood floors under carpets in both units. Fenced with great landscape & a 4-car garage at the rear of the property. Located across the street from the 782-unit new Dorset Village Development & major developments slated along Crenshaw. Located just under 3 miles to the brand new 80,000 seat SoFi Stadium & Entertainment Complex, home of the LA Rams. The lot is a LARD3 in the TOC3 zone. This is a tremendous investment offered at a 11.23 GRM!!

Listed by Danny Mahelka | BRE #01170359 | Coldwell Banker Realty
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
4,798
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20574978
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.23
  • Gross Scheduled Income: --
  • Net Operating Income: $54,260
  • Gross Operating Income: $70,800
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $9,540
  • Insurance: $1,400
  • Maintenance: $3,000
  • Water/Sewer: $1,400

Property Details for 5812 8Th Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • Has Fireplace
  • Decorative, Living Room
Room Information
  • Flooring: Carpet, Vinyl
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered, Detached Carport, Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 4005010005
Location / Neighborhood
Location Information
  • Directions: East of 8th Ave. on W. Slauson Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 5812 8Th Ave

Last sold for $780,000 on August 6th, 2020

  • August, 2020

  • Aug 7, 2020

    Date

    Sold

    CRMLS: 20574978

    $780,000

    Price

  • Jun 29, 2020

    Date

    Pending

    CRMLS: 20574978

    $795,000

    Price

  • May 1, 2020

    Date

    Active

    CRMLS: 20574978

    $795,000

    Price

  • August, 2020

  • Aug 6, 2020

    Date

    Sold (Public Records)

    Public Records

    $780,000

    Price

  • January, 2020

  • Jan 21, 2020

    Date

    Canceled

    CRMLS: 19467458

    $795,000

    Price

  • Jul 22, 2019

    Date

    Price Change

    CRMLS: 19467458

    $795,000

    Price

  • May 17, 2019

    Date

    Price Change

    CRMLS: 19467458

    $825,000

    Price

  • May 17, 2019

    Date

    Active

    CRMLS: 19467458

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    LOWEST GROSS MULTIPLIER ON THE MLS. 11 TIMES GROSS!!!! 11 TIMES GROSS!!!! 11 TIMES GROSS!!!! 11 TIMES GROSS!!!!11 TIMES GROSS!!!! THIS PROPERTY MAKES MONEY, LOWEST GROSS MULTIPLIER ON THE MLS. WERE ARE YOU GOING TO FIND UNITS WITH 5 CAR COVERED GARAGES AND TREE PARKING SPACES OUTSIDE OF THE GARAGES. Move two families in tomorrow! Large 3 bed 2 bath upstairs. large 2 bed 2 bath downstairs. Fenced Yard. Three garages. Close to transportation. Quite neighborhood. Storage garage income $250.

  • October, 2018

  • Oct 17, 2018

    Date

    Sold

    CRMLS: MB18162368

    $550,000

    Price

  • Oct 16, 2018

    Date

    Pending

    CRMLS: MB18162368

    $615,000

    Price

  • Sep 26, 2018

    Date

    Price Change

    CRMLS: MB18162368

    $615,000

    Price

  • Aug 4, 2018

    Date

    Price Change

    CRMLS: MB18162368

    $639,000

    Price

  • Jul 6, 2018

    Date

    Active

    CRMLS: MB18162368

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    These are very spacious 2 units one upstairs one downstairs...units need a little of TLC but they are well enough to move in and do upgrades or remodeling at convenient times for new buyers....the one upstairs has 3 bedrooms and 1 and 3/4 bathrooms and the one downstairs has 2 bedrooms and 1 and 1/2 bathrooms...lots of closets and the 2 units have washer and dryer rooms......long drive way to park as many cars as needed and the units also have a 3 car garage in the back...you can access the entrance of the units from the back once you park your car or from the front of the units....units are close to the soon to open subway station connecting LAX to union station.....great for investor to upgrade or great for 1st time buyers or large families!! Also it is great investment property to provide housing under the homeless program and Veterans.

  • October, 2018

  • Oct 16, 2018

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

Show More

Tax History for 5812 8Th Ave

Assessed Value (2020): $561,000
Year Land Value Improved Value Assessed Value
2020 $459,000 $102,000 $561,000

Home Value Compared to the Market

This property vs the competition

5812 8Th Ave sold on August 6, 2020 for 33.19% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 5812 8Th Ave

Detailed summary of property

5812 8Th Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 5 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 4,798 square foot lot. 5812 8Th Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $780,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.19% lower than the current median priced home. Local homes that are currently for sale include 5739 S St. Andrews Pl, 5419 S St Andrews Pl and 5166 S Manhattan Pl. While the average home in Los Angeles, CA is selling in 92 days, 5812 8Th Ave has a days on market of 32 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 5812 8Th Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5812 8Th Ave

Public county record property details
Beds
5
Baths
2
Year built
1925
Sq. Ft.
2,844
Lot Size
4,798
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
4005-010-005

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$598
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
80
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

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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