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8524 Beverlywood St, Los Angeles, CA 90034
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8524 Beverlywood St Los Angeles, CA 90034

$1,700,000 Sold Price as of 06/23/2022
  • 8 Beds
  • 4 Baths
  • 3,920 Sq.Ft.
Sold
$1,700,000 Sold Price as of 06/23/2022 Refinance Your Mortgage
Map preview of 8524 Beverlywood St, Los Angeles, CA 90034

Property Overview: 8524 Beverlywood St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,920 living square feet and 7,271 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICE REDUCED $250,000! SELLER MOTIVATED. Three of four units vacant and ready to remodel. Copper plumbing. Detached four car garage and possible ADU development. Great commutter location. Charming vintage building awaiting to be restored to its full potential. Vacant units easy to show. Call for lock box combos. Please do not disturb one existing tenant. Buyer to confirm all lot and building size and development potential. Income and expenses are proforma based on estimated 35% expenses and projected rent with modest remodeling. Buyer please confirm everything.

Listed by DANIEL CORCORAN | BRE #00451125 | Corcoran Group of California Inc.
Last checked: 2 minutes ago | Last updated: June 24th, 2022 | Source CRMLS | DOM: 60

Home details

Lot Sq. Ft
7,271
HOA Dues
$0/mo
Year built
1947
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
EV22064647
City
Los Angeles
County
Los Angeles
Time on Site
771 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $10,000
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.46%
  • Gross Rent Multiplier: 14.58
  • Gross Scheduled Income: $120,000
  • Net Operating Income: $78,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $42,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 8524 Beverlywood St

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Concrete, Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5065011010
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: I-10 at Venice
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 8524 Beverlywood St

Last sold for $1,700,000 on June 23rd, 2022

  • March, 2022

  • Mar 31, 2022

    Date

    Active

    CRMLS: EV22064647

    $1,999,000

    Price

Tax History for 8524 Beverlywood St

Assessed Value (2020): $175,284
Year Land Value Improved Value Assessed Value
2020 $61,024 $114,260 $175,284

Home Value Compared to the Market

This property vs the competition

8524 Beverlywood St sold on June 23, 2022 for 47.05% higher 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 $446.42 per/sqft which puts the price per square foot 40.87% lower than the current median sale per square foot for the city of Los Angeles.

About 8524 Beverlywood St

Detailed summary of property

8524 Beverlywood St is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,920 living square feet, and sits on an approximately 7,271 square foot lot. 8524 Beverlywood St was first listed on ArdentRealEstateGroup.com on March 31, 2022. The homeowner sold the property for $1,700,000. 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 47.05% higher than the current median priced home. Local homes that are currently for sale include 1455 S Genesee Ave, 1236 Hi Point St and 6120 Packard St. While the average home in Los Angeles, CA is selling in 93 days, 8524 Beverlywood St has a days on market of 60 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 8524 Beverlywood St Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8524 Beverlywood St

Public county record property details
Beds
8
Baths
4
Year built
1947
Sq. Ft.
3,920
Lot Size
7,250
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5065-011-010

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,999,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
43
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

Thinking of Selling?

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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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