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8417 S Halldale Ave, Los Angeles, CA 90047
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8417 S Halldale Ave Los Angeles, CA 90047

$1,888,000
  • 11 Beds
  • 6 Baths
  • 4,100 Sq.Ft.
For Sale
$1,888,000 Get Pre-Qualified
Map preview of 8417 S Halldale Ave, Los Angeles, CA 90047

Property Overview: 8417 S Halldale Ave Los Angeles, CA has 11 bedrooms, 6 bathrooms, 4,100 living square feet and 6,775 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 8417 S. Halldale Ave consists of six units spread across three separate buildings, offering tenants enhanced privacy. Five of the units have been tastefully upgraded, including two brand-new ADUs. The property boasts a solid 6.52% Cap Rate, with potential for growth up to 7.76%. It also presents an 11.08 GRM and a 14.43 IRR, indicating favorable investment returns. Conveniently located, it's just a 10-minute drive to the SoFi Stadium Complex and has a respectable 78 Walk Score, indicating its walkability, and a 55 Transit Score, reflecting good transit options. Additionally, five units have undergone electrical rewiring, while three units feature copper plumbing and two have PEX plumbing. The two ADUs have been equipped with new roofs, ensuring longevity and minimizing maintenance costs.***CONTACT US FOR AN OM***

Listed by Kelly Morgan | BRE #01898026 | KW Advisors
Last checked: 8 minutes ago | Last updated: April 3rd, 2024 | Source CRMLS | DOM: 25
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Home details

Lot Sq. Ft
6,775
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24373209
City
Los Angeles
County
Los Angeles
Time on Site
31 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $735
  • Total Rent: $735
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,692
  • Total Rent: $13,461
  • Pro Forma/Market Rent: $13,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.52%
  • Gross Rent Multiplier: 11.08
  • Gross Scheduled Income: --
  • Net Operating Income: $123,141
  • Gross Operating Income: $165,241
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 8417 S Halldale Ave

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: UNAVAILABLE
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of Normandie Ave, North of Manchester Blvd, East of Denker Ave, South of West 83rd St
View more facts & features

Local Los Angeles Agent

Sale History for 8417 S Halldale Ave

View property's historical transactions

  • March, 2024

  • Mar 26, 2024

    Date

    Active

    CRMLS: 24373209

    $1,888,000

    Price

Tax History for 8417 S Halldale Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

8417 S Halldale Ave is listed 51.16% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $460.49 per/sqft which puts the price per square foot 40.35% lower than the median price per square foot for the city of Los Angeles.

About 8417 S Halldale Ave

Detailed summary of property

8417 S Halldale Ave is a multi family located in Los Angeles, CA 90047 and is currently for sale. This multi family property offers 11 bedrooms, 6 bathrooms, roughly 4,100 living square feet, and sits on an approximately 6,775 square foot lot. 8417 S Halldale Ave was first listed on ArdentRealEstateGroup.com on March 27, 2024. The homeowner is currently asking $1,888,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 51.16% higher than the median priced home. Local competing homes currently for sale include 316 E 61st St, 4529 S Vermont Ave and 324 W 51st St. While the average home in Los Angeles, CA is selling in 97 days, 8417 S Halldale Ave has a days on market of 25 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 8417 S Halldale Ave Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8417 S Halldale Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$758,000
Median List Price/Sq.Ft.
$540
Median Sold Price
$755,000
Median Sold Price/Sq.Ft.
$541
Total Inventory
84
Median Sale to List Price %
104.86%
Avg Days on Market
45
Loan Type
Conventional (52.38%), FHA (4.76%), VA (0%), Cash (14.29%), Other (19.05%)

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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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