8501 Glider Ave, Los Angeles, CA 90045
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8501 Glider Ave Los Angeles, CA 90045

$1,090,000 Sold Price as of 09/22/2023
  • 6 Beds
  • 3 Baths
  • 1,910 Sq.Ft.
Sold
$1,090,000 Sold Price as of 09/22/2023 Refinance Your Mortgage

Map preview of 8501 Glider Ave, Los Angeles, CA 90045

Property Overview: 8501 Glider Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 1,910 living square feet and 6,312 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Duplex with great income potential in Westchester, near LMU, Otis, LAX and Playa Vista. Ideal investment property for a landlord or someone who wants to live in one unit and rent out the other. Each unit has 2 bedrooms /1 bath, with laundry hook-ups in both garages. Each unit is a spacious 950 square feet (both units totaling 1910 square feet per city records). Detached 2-Car Garage is separated for each tenant, and is available for owner storage or as a separate storage rental option for potential additional income. Both units have carpet and laminate flooring. The large, private backyard on the 8503 side is utilized by one tenant and the private side yard is utilized by the other tenant. The property's prime location is a stone's throw from Silicon Beach, Marina del Rey and El Segundo. ** Both units are tenant-occupied. ** ** PLEASE DO NOT DISTURB OCCUPANTS. ** ** Income details provided are based on current rents and expenses.

Listed by Cory Jane Mishelevich-Birkett | BRE #01439866 | ERA Matilla Realty
Last checked: 2 minutes ago | Last updated: September 26th, 2023 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
6,312
HOA Dues
$0/mo
Year built
1943
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23290459
City
Los Angeles
County
Los Angeles
Time on Site
301 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: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21.2
  • Gross Scheduled Income: --
  • Net Operating Income: $47,184
  • Gross Operating Income: $54,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8501 Glider Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace, Floor Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Laminate, Carpet
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 4107021009
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Heading East on Manchester, left on Wiley Post, left on W 85th Place and right on Glider
View more facts & features

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Sale History for 8501 Glider Ave

Last sold for $1,090,000 on September 22nd, 2023
  • September, 2023

  • Sep 22, 2023

    Date

    Sold

    CRMLS: 23290459

    $1,090,000

    Price

  • Jul 17, 2023

    Date

    Active

    CRMLS: 23290459

    $1,150,000

    Price

Tax History for 8501 Glider Ave

Assessed Value (2020): $345,937
Year Land Value Improved Value Assessed Value
2020 $155,669 $190,268 $345,937

Home Value Compared to the Market

This property vs the competition

8501 Glider Ave sold on September 22, 2023 for 3.36% 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 $602.09 per/sqft which puts the price per square foot 20.25% lower than the current median sale per square foot for the city of Los Angeles.

About 8501 Glider Ave

Detailed summary of property

8501 Glider Ave is a multi family that recently sold in Los Angeles, CA 90045. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 1,910 living square feet, and sits on an approximately 6,312 square foot lot. 8501 Glider Ave was first listed on ArdentRealEstateGroup.com on July 20, 2023. The homeowner sold the property for $1,090,000. 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 3.36% lower than the current median priced home. Local homes that are currently for sale include 3018 W Slauson Ave, 4707 Crenshaw Blvd and 5161 W Jefferson Blvd. While the average home in Los Angeles, CA is selling in 94 days, 8501 Glider Ave 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 8501 Glider Ave Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8501 Glider Ave

Public county record property details
Beds
3
Baths
3
Year built
1943
Sq. Ft.
1,910
Lot Size
6,311
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
184
APN
4107-021-009

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,000
Median List Price/Sq.Ft.
$874
Median Sold Price
$1,510,000
Median Sold Price/Sq.Ft.
$880
Total Inventory
98
Median Sale to List Price %
103.78%
Avg Days on Market
37
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (7.14%)

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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.