8031 Lou Dillon Ave, Los Angeles, CA 90001

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8031 Lou Dillon Ave Los Angeles, CA 90001

$670,000 Sold Price as of 01/19/2024

4 Beds
0 Baths
1,950 Sq.Ft.

Sold

$670,000 Sold Price as of 01/19/2024 Refinance Your Mortgage

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Map preview of 8031 Lou Dillon Ave, Los Angeles, CA 90001

Property Overview: 8031 Lou Dillon Ave Los Angeles, CA has 4 bedrooms, -- bathrooms, 1,950 living square feet and 5,765 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This duplex has incredible potential, The back home of this duplex is in great condition, meticulously maintained, and currently occupied by tenants who have called it their home for over 13 years, great Tenants, always punctual with rent. Now, let’s talk about the front unit. It needs some love, that’s for sure. It’s a bit distressed and has a lot of clutter, but trust me, you need to walk in and see its potential. This could be the perfect opportunity for a first-time home buyer to customize their dream abode! Located near the major cross streets of Nadeau and Alameda, this property offers convenience and accessibility. Please note that showings will be by appointment only, so make sure to reach out and secure your spot soon.

Listed by Maria Cuadros | BRE #01930288 | Castlerock Properties

Last checked: 12 minutes ago | Last updated: January 20th, 2024 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft: 5,765
HOA Dues: $0/mo
Year built: 1940
Garage: --
Property Type:: Duplex

Status: Sold
MLS#: DW23193648
City: Los Angeles
County: Los Angeles
Time on Site: 200 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2
# of Leased Units: 1
# of Electric Meters: 2
# of Gas Meters: 2
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 0
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,350
Total Rent: $1,350
Pro Forma/Market Rent: $2,000

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 0
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,500

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $16,200
Net Operating Income: $600
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $15,600
Electric: $2,400
Gas/Fuel: $400
Trash: $1,200
Insurance: $7,000
Water/Sewer: $6,000

Property Details for 8031 Lou Dillon Ave

Interior Features

Laundry Information

Has Laundry
Gas & Electric Dryer Hookup

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 6026008023
Year Built Source: Assessor
Entry Level: 2
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Nadeua and Alamaeda are Major cross streets

Neighborhood Information

Community Features: Sidewalks

View more facts & features

Local Los Angeles Agent

Sale History for 8031 Lou Dillon Ave

Last sold for $670,000 on January 19th, 2024

January, 2024
Jan 19, 2024

Date

Sold

CRMLS: DW23193648

$670,000

Price
Oct 17, 2023

Date

Active

CRMLS: DW23193648

$625,000

Price
June, 2010
Jun 25, 2010

Date

Sold (Public Records)

Public Records

$220,000

Price
December, 2005
Dec 21, 2005

Date

Sold (Public Records)

Public Records

$440,000

Price

Tax History for 8031 Lou Dillon Ave

Assessed Value (2020): $340,624

Year	Land Value	Improved Value	Assessed Value
2020	$156,501	$184,123	$340,624

Home Value Compared to the Market

This property vs the competition

8031 Lou Dillon Ave sold on January 19, 2024 for 47.48% 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 $320.51 per/sqft which puts the price per square foot 57.55% lower than the current median sale per square foot for the city of Los Angeles.

About 8031 Lou Dillon Ave

Detailed summary of property

8031 Lou Dillon Ave is a duplex that recently sold in Los Angeles, CA 90001. This duplex offered 4 bedrooms, -- bathrooms, roughly 1,950 living square feet, and sits on an approximately 5,765 square foot lot. 8031 Lou Dillon Ave was first listed on ArdentRealEstateGroup.com on October 17, 2023. The homeowner sold the property for $670,000. 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 47.48% lower than the current median priced home. Local homes that are currently for sale include 829 E Century Blvd, 422 E. 81st Street and 422 E. 81st Street. While the average home in Los Angeles, CA is selling in 96 days, 8031 Lou Dillon Ave has a days on market of 3 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 8031 Lou Dillon Ave Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8031 Lou Dillon Ave

Public county record property details

Beds: 4
Baths: 2
Year built: 1940
Sq. Ft.: 1,950
Lot Size: 5,764
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 31,32
APN: 6026-008-023

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$589,999

Median List Price/Sq.Ft.

$540

Median Sold Price

$575,000

Median Sold Price/Sq.Ft.

$506

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (14.29%)

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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.