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5828 8th Ave, Los Angeles, CA 90043
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5828 8th Ave Los Angeles, CA 90043

$492,000 Sold Price as of 09/05/2019
  • 4 Beds
  • 2 Baths
  • 1,800 Sq.Ft.
Sold
$492,000 Sold Price as of 09/05/2019 Refinance Your Mortgage
Map preview of 5828 8th Ave, Los Angeles, CA 90043

Property Overview: 5828 8th Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,800 living square feet and 4,795 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: EXCELLENT INVESTMENT OPPORTUNITY OR RENT ONE AND LIVE IN THE OTHER UNIT. EACH UNIT IS A 2 BED AND 1 BATH ( 900 SQ FT. ). THIS UNITS ARE CENTRALLY LOCATED TO STORES AND THE CRENSHAW CORRIDOR, DTLA, LAX AND THE NEW RAMS STADIUM. INVEST AND SAVE BY RENTING ONE UNIT AND LIVING ON THE OTHER, EACH UNIT GOT THERE OWN ELEC. AND GAS METERS. THIS PROPERTY WILL LIKELY CONTINUE TO BENEFIT FROM NEARBY INVESTMENTS, SELLERS ARE MOTIVATED, NO SHOWINGS WITHOUT A ACCEPTED OFFER.

Listed by LUIS BASULTO | BRE #01062046 | DYNASTY REAL ESTATE
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
4,795
HOA Dues
$0/mo
Year built
1925
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV19175019
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $28,800
  • Net Operating Income: $27,360
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,440
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $3,525
  • Trash: $0
  • Insurance: $245
  • Water/Sewer: $1,200

Property Details for 5828 8th Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
  • All Bedrooms Down, Kitchen, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Vented Exhaust Fan, Water Heater
Interior Features
  • Levels: One
  • Security Features: Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Average Condition, Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage, Garage Faces Rear, Garage - Two Door
Lot Information
  • Lot Features: Back Yard, Front Yard, Gentle Sloping, Sprinklers Manual
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 4005010009
  • Year Built Source: Assessor
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: 36 Inch Or More Wide Halls, Parking
Homeowners Association, Utilities, Taxes / Assessments
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: SOUTH OF SLAUSON AVE AND EAST OF CRENSHAW BLVD
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 5828 8th Ave

Last sold for $492,000 on September 5th, 2019

  • September, 2019

  • Sep 5, 2019

    Date

    Sold

    CRMLS: CV19175019

    $492,000

    Price

  • Aug 7, 2019

    Date

    Pending

    CRMLS: CV19175019

    $489,000

    Price

  • Aug 3, 2019

    Date

    Active

    CRMLS: CV19175019

    $489,000

    Price

  • Jul 30, 2019

    Date

    Hold

    CRMLS: CV19175019

    $489,000

    Price

  • Jul 23, 2019

    Date

    Active

    CRMLS: CV19175019

    $489,000

    Price

  • September, 2019

  • Sep 4, 2019

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

  • July, 2010

  • Jul 9, 2010

    Date

    Sold (Public Records)

    Public Records

    $245,000

    Price

Show More

Tax History for 5828 8th Ave

Assessed Value (2020): $500,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $100,000 $500,000

Home Value Compared to the Market

This property vs the competition

5828 8th Ave sold on September 5, 2019 for 58.91% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $271.67 per/sqft which puts the price per square foot 64.02% lower than the current median sale per square foot for the city of Los Angeles.

About 5828 8th Ave

Detailed summary of property

5828 8th Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,800 living square feet, and sits on an approximately 4,795 square foot lot. 5828 8th Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $492,000. 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 58.91% lower than the current median priced home. Local homes that are currently for sale include 555-567 Ramona Ave, 1241 W 6th St and 1306 N D St. While the average home in Los Angeles, CA is selling in 94 days, 5828 8th Ave has a days on market of 3 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 5828 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 5828 8th Ave

Public county record property details
Beds
4
Baths
2
Year built
1925
Sq. Ft.
1,800
Lot Size
4,794
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
4005-010-009

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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