8611 Elm St, Los Angeles, CA 90002
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8611 Elm St Los Angeles, CA 90002

$680,000 Sold Price as of 09/29/2022
  • 4 Beds
  • 0 Baths
  • 1,896 Sq.Ft.
Sold
$680,000 Sold Price as of 09/29/2022 Refinance Your Mortgage

Map preview of 8611 Elm St, Los Angeles, CA 90002

Property Overview: 8611 Elm St Los Angeles, CA has 4 bedrooms, -- bathrooms, 1,896 living square feet and 6,701 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Income Property. Close to Schools, Public Transportation, All Kinds of Shopping Centers and Much More. Each Unit has own Washer/Dryer Hookups and assigned parking.

Listed by Jose Acosta | BRE #01488402 | Corcoran Global Living
Last checked: 7 minutes ago | Last updated: September 29th, 2022 | Source CRMLS | DOM: 52

Home details

Lot Sq. Ft
6,701
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW22122956
City
Los Angeles
County
Los Angeles
Time on Site
842 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,140
  • Total Rent: $1,140
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,620
  • Net Operating Income: $52,620
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 8611 Elm St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6044025024
  • Year Built Source: Assessor
  • Property is not Attached
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: South of Firestone Blvd, North of 92nd St, East of Graham Ave & West of Alameda.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 8611 Elm St

Last sold for $680,000 on September 29th, 2022
  • September, 2022

  • Sep 29, 2022

    Date

    Sold

    CRMLS: DW22122956

    $680,000

    Price

  • Jun 8, 2022

    Date

    Active

    CRMLS: DW22122956

    $700,000

    Price

  • July, 2016

  • Jul 12, 2016

    Date

    Sold (Public Records)

    Public Records

    $365,000

    Price

  • August, 2009

  • Aug 20, 2009

    Date

    Sold (Public Records)

    Public Records

    $180,000

    Price

Show More

Tax History for 8611 Elm St

Assessed Value (2020): $387,759
Year Land Value Improved Value Assessed Value
2020 $251,505 $136,254 $387,759

Home Value Compared to the Market

This property vs the competition

8611 Elm St sold on September 29, 2022 for 37.5% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $369.2 per/sqft which puts the price per square foot 49.01% lower than the current median sale per square foot for the city of Los Angeles.

About 8611 Elm St

Detailed summary of property

8611 Elm St is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 4 bedrooms, -- bathrooms, roughly 1,896 living square feet, and sits on an approximately 6,701 square foot lot. 8611 Elm St was first listed on ArdentRealEstateGroup.com on June 8, 2022. The homeowner sold the property for $680,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.5% lower than the current median priced home. Local homes that are currently for sale include 1826 E 107th St, 10501 Weigand Ave and 731 E 84th St. While the average home in Los Angeles, CA is selling in 106 days, 8611 Elm St has a days on market of 52 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 8611 Elm St Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8611 Elm St

Public county record property details
Beds
4
Baths
3
Year built
1940
Sq. Ft.
1,896
Lot Size
6,700
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
37,38
APN
6044-025-024

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$571,999
Median List Price/Sq.Ft.
$569
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
42
Median Sale to List Price %
103.45%
Avg Days on Market
13
Loan Type
Conventional (50%), FHA (40%), VA (0%), Cash (10%), Other (0%)

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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.