6022 W 8Th St, Los Angeles, CA 90036
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6022 W 8Th St Los Angeles, CA 90036

$2,695,000 Sold Price as of 01/29/2020
  • 6 Beds
  • 8 Baths
  • -- Sq.Ft.
Sold
$2,695,000 Sold Price as of 01/29/2020 Refinance Your Mortgage

Map preview of 6022 W 8Th St, Los Angeles, CA 90036

Property Overview: 6022 W 8Th St Los Angeles, CA has 6 bedrooms, 8 bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 6022 W. 8th Street is an incredible character 8 unit apartment building containing 6 one-bedroom and 2 studio units. It is in a fantastic location in the Miracle Mile, just east of Fairfax, and one block south of Wilshire Boulevard. It is within one block of the Los Angeles County Museum of Art and the future Purple Line Subway Station set for completion in 2023. Building has classic architecture, hardwood floors, eat-in kitchens, large living rooms, high ceilings, front & rear entrances in 7 apartments, controlled intercom access and original details. The building reminds all who see it of a time when quality of workmanship and construction were the norm. Please do not walk on the property or disturb the tenants. Zoning LAR3 HPOZ.

Listed by James Gilb | BRE #00998653 | Miller & Desatnik Realty Co.
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19511242
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,017
  • Total Rent: $1,017
  • Pro Forma/Market Rent: $1,017
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,130
  • Total Rent: $2,130
  • Pro Forma/Market Rent: $2,130
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,970
  • Total Rent: $1,970
  • Pro Forma/Market Rent: $1,970
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,554
  • Total Rent: $1,554
  • Pro Forma/Market Rent: $1,554
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,960
  • Total Rent: $1,960
  • Pro Forma/Market Rent: $1,960
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,780
  • Total Rent: $1,780
  • Pro Forma/Market Rent: $1,780
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,404
  • Total Rent: $1,404
  • Pro Forma/Market Rent: $1,404
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,658
  • Total Rent: $1,658
  • Pro Forma/Market Rent: $1,658
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.8
  • Gross Scheduled Income: --
  • Net Operating Income: $106,405
  • Gross Operating Income: $165,265
  • Garage Rental Income: $700
  • Laundry Income: $25
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6022 W 8Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Gravity
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 8
  • Parcel Number: 5086011010
  • Architectural Style: Spanish
Location / Neighborhood
Location Information
  • Directions: 1 block South of Wilshire, 1 block East of Fairfax
View more facts & features

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Sale History for 6022 W 8Th St

Last leased for $1,585 on February 1st, 2021
  • February, 2021

  • Feb 3, 2021

    Date

    Leased

    CRMLS: 20659124

    $1,585

    Price

  • Nov 12, 2020

    Date

    Active

    CRMLS: 20659124

    $1,595

    Price

  • Listing provided courtesy of CRMLS

    Gorgeous studio apartment with old Hollywood feel featuring high ceilings, crown moldings, hardwood floors and many French windows. Big kitchen with plenty of room for table and chairs in dining area. Very spacious living room with fabulous crown moldings and lots of light. Very large and bright bathroom with beautiful original tile. Elegant and quiet 8 unit building with wonderful neighbors. Fabulous area within easy walking distance to nearly everything you need including museums, restaurants and clubs. Only 1 block to LACMA and La Brea tarpits. Permit parking, but in an area where it is easily available. Must see this beautiful apartment.

  • January, 2020

  • Jan 29, 2020

    Date

    Sold

    CRMLS: 19511242

    $2,695,000

    Price

  • Oct 19, 2019

    Date

    Pending

    CRMLS: 19511242

    $3,095,000

    Price

  • Oct 10, 2019

    Date

    Active Under Contract

    CRMLS: 19511242

    $3,095,000

    Price

  • Sep 18, 2019

    Date

    Active

    CRMLS: 19511242

    $3,095,000

    Price

  • January, 2020

  • Jan 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,695,000

    Price

  • October, 1997

  • Oct 3, 1997

    Date

    Sold (Public Records)

    Public Records

    $530,000

    Price

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Tax History for 6022 W 8Th St

Assessed Value (2020): $773,805
Year Land Value Improved Value Assessed Value
2020 $481,805 $292,000 $773,805

Home Value Compared to the Market

This property vs the competition

6022 W 8Th St sold on January 29, 2020 for 160.08% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 6022 W 8Th St

Detailed summary of property

6022 W 8Th St is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 6 bedrooms, 8 bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 6022 W 8Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,695,000. 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 160.08% higher than the current median priced home. Local homes that are currently for sale include 1142 S Bedford St, 461 N Vista St and 642 N Hayworth Ave. While the average home in Los Angeles, CA is selling in 94 days, 6022 W 8Th St has a days on market of 23 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 6022 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 6022 W 8Th St

Public county record property details
Beds
8
Baths
8
Year built
1928
Sq. Ft.
6,982
Lot Size
7,395
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
64
APN
5086-011-010

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
$1,998,000
Median List Price/Sq.Ft.
$883
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
45
Median Sale to List Price %
102.81%
Avg Days on Market
22
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Related Resources to 6022 W 8Th St

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.