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8450 Oakwood Ave, Los Angeles, CA 90048
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8450 Oakwood Ave Los Angeles, CA 90048

$1,950,000 Sold Price as of 12/17/2020
  • 4 Beds
  • 3 Baths
  • 2,650 Sq.Ft.
Sold
$1,950,000 Sold Price as of 12/17/2020 Refinance Your Mortgage
Map preview of 8450 Oakwood Ave, Los Angeles, CA 90048

Property Overview: 8450 Oakwood Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,650 living square feet and 7,757 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful side-by-side 1940s traditional duplex on the corner of Oakwood Ave and Alfred Street. Perfect layout with one unit entrance on Oakwood and one unit entrance on Alfred, giving both a single-family feel. Huge corner lot of 7,750 square feet. Both units completely updated with designer renovations. 8450 Oakwood Ave is 2 bedrooms and 2 bathrooms, with an amazing private backyard, outdoor kitchen & BBQ, separate media/screening room, and 2-car garage with brand new electric door. 368 N Alfred St is 2 bedrooms and 1 bathroom with a private side patio. Both units have central A/C & heat, full-size washer dryers, fully upgraded copper plumbing, new electrical systems, and custom remodeled kitchens and bathrooms. Roof recently replaced and the entire property was painted less than 2 years ago. Amazing Beverly Grove location, walking distance to the best of Beverly Blvd and La Cienega Blvd.

Listed by Adam Corleto | BRE #01883526 | Financial Support Services Inc
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
7,757
HOA Dues
$0/mo
Year built
1940
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
20621660
City
Los Angeles
County
Los Angeles
Time on Site
1260 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,100
  • Total Rent: $5,100
  • Pro Forma/Market Rent: $5,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,862
  • Total Rent: $3,862
  • Pro Forma/Market Rent: $3,862
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.6
  • Gross Scheduled Income: --
  • Net Operating Income: $92,544
  • Gross Operating Income: $107,544
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8450 Oakwood Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Room Information
  • Flooring: Wood
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Property Information
  • Total # of Units: 2
  • Parcel Number: 5514011001
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: Southeast corner of Oakwood Ave and Alfred Street. One block north of Beverly Blvd and one block east of La Cienega Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 8450 Oakwood Ave

Last sold for $1,950,000 on December 17th, 2020

  • December, 2020

  • Dec 21, 2020

    Date

    Sold

    CRMLS: 20621660

    $1,950,000

    Price

  • Oct 20, 2020

    Date

    Pending

    CRMLS: 20621660

    $2,190,000

    Price

  • Sep 2, 2020

    Date

    Active

    CRMLS: 20621660

    $2,190,000

    Price

  • December, 2020

  • Dec 17, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,950,000

    Price

  • August, 2004

  • Aug 13, 2004

    Date

    Sold (Public Records)

    Public Records

    $999,000

    Price

Show More

Tax History for 8450 Oakwood Ave

Assessed Value (2020): $1,054,318
Year Land Value Improved Value Assessed Value
2020 $702,880 $351,438 $1,054,318

Home Value Compared to the Market

This property vs the competition

8450 Oakwood Ave sold on December 17, 2020 for 93.81% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $826.42 per/sqft which puts the price per square foot 9.6% higher than the current median sale per square foot for the city of Los Angeles.

About 8450 Oakwood Ave

Detailed summary of property

8450 Oakwood Ave is a multi family that recently sold in Los Angeles, CA 90048. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,650 living square feet, and sits on an approximately 7,757 square foot lot. 8450 Oakwood Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,950,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 93.81% higher than the current median priced home. Local homes that are currently for sale include 1140 S Shenandoah St, 1132 S Wooster St and 924 S Orange Grove Ave. While the average home in Los Angeles, CA is selling in 98 days, 8450 Oakwood Ave has a days on market of 43 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 8450 Oakwood Ave Los Angeles, CA 90048 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8450 Oakwood Ave

Public county record property details
Beds
4
Baths
2
Year built
1940
Sq. Ft.
2,249
Lot Size
7,756
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5514-011-001

The source for these homes facts are from public records.

90048 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,695,000
Median List Price/Sq.Ft.
$1,024
Median Sold Price
$2,220,000
Median Sold Price/Sq.Ft.
$1,043
Total Inventory
140
Median Sale to List Price %
100.91%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (9.52%), Other (14.29%)

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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