8214 Mckinley Ave, Los Angeles, CA 90001
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8214 Mckinley Ave Los Angeles, CA 90001

$680,000 Sold Price as of 05/07/2024
  • 3 Beds
  • 3 Baths
  • 1,763 Sq.Ft.
Sold
$680,000 Sold Price as of 05/07/2024 Refinance Your Mortgage

Map preview of 8214 Mckinley Ave, Los Angeles, CA 90001

Property Overview: 8214 Mckinley Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,763 living square feet and 5,379 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This triplex is a rare find, making it an ideal choice for those looking to purchase a new home or invest in real estate. The property provides ample living space, including a roomy living area, king-sized relaxing bedrooms, and an eat-in kitchen. The detached 3-car garage also offers convenience and ample storage space for vehicles and belongings. Long-term tenants occupy two units, and one is vacant, making it a lucrative opportunity for first-time homebuyers or savvy investors.

Listed by Andre Shavers | BRE #01394803 | A Job Well Done
Last checked: 5 minutes ago | Last updated: May 7th, 2024 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
5,379
HOA Dues
$0/mo
Year built
1947
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
24372655
City
Los Angeles
County
Los Angeles
Time on Site
54 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $824
  • Total Rent: $824
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $811
  • Total Rent: $811
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 35
  • Gross Scheduled Income: --
  • Net Operating Income: $18,380
  • Gross Operating Income: $18,380
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8214 Mckinley Ave

Interior Features
Room Information
  • Flooring: Carpet, Wood
Kitchen Information
  • Has Appliances
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Property Information
  • Total # of Units: 3
  • Parcel Number: 6029014001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

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Sale History for 8214 Mckinley Ave

Last sold for $680,000 on May 7th, 2024
  • May, 2024

  • May 7, 2024

    Date

    Sold

    CRMLS: 24372655

    $680,000

    Price

  • Mar 25, 2024

    Date

    Active

    CRMLS: 24372655

    $675,000

    Price

Tax History for 8214 Mckinley Ave

Assessed Value (2020): $52,174
Year Land Value Improved Value Assessed Value
2020 $17,235 $34,939 $52,174

Home Value Compared to the Market

This property vs the competition

8214 Mckinley Ave sold on May 7, 2024 for 43.28% 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 $382.87 per/sqft which puts the price per square foot 49.29% lower than the current median sale per square foot for the city of Los Angeles.

About 8214 Mckinley Ave

Detailed summary of property

8214 Mckinley Ave is a multi family that recently sold in Los Angeles, CA 90001. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 1,763 living square feet, and sits on an approximately 5,379 square foot lot. 8214 Mckinley Ave was first listed on ArdentRealEstateGroup.com on March 26, 2024. The homeowner sold the property for $680,000. 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 43.28% lower than the current median priced home. Local homes that are currently for sale include 1334 E 92nd St, 123 E 92nd St and 1643 E 87th Pl. While the average home in Los Angeles, CA is selling in 92 days, 8214 Mckinley Ave has a days on market of 7 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 8214 Mckinley 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 8214 Mckinley Ave

Public county record property details
Beds
3
Baths
3
Year built
1947
Sq. Ft.
1,763
Lot Size
5,378
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1227
APN
6029-014-001

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
$550,000
Median List Price/Sq.Ft.
$458
Median Sold Price
$575,000
Median Sold Price/Sq.Ft.
$506
Total Inventory
28
Median Sale to List Price %
100%
Avg Days on Market
49
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (14.29%)

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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.