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8612 Beverlywood St, Los Angeles, CA 90034
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8612 Beverlywood St Los Angeles, CA 90034

$1,150,000 Sold Price as of 06/08/2019
  • 4 Beds
  • 4 Baths
  • 2,494 Sq.Ft.
Sold
$1,150,000 Sold Price as of 06/08/2019 Refinance Your Mortgage
Map preview of 8612 Beverlywood St, Los Angeles, CA 90034

Property Overview: 8612 Beverlywood St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,494 living square feet and 7,246 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A strategically positioned Culver City adjacent fourplex property for sale. The property is located a stone’s throw (approx. 4 blocks) from Culver City which is undergoing an unprecedented cultural renaissance spurned in part by the influx of major employers. This includes HBO who announced that they will occupy 240,000 SF of office space at the Ivy Station development currently under construction just 3,500 feet from the subject property – this is also the location of the Expo line transit stop. The property is 1-mile from “The Culver Steps” mixed use development which Amazon will occupy upon completion in addition to offices across the street for a total of 350,000 SF of office to be occupied by Amazon by year’s end. Current rents nearly 40% under market value. The property may also be developed into small lots [4-5 SLO homes]. Several small lot projects are slated for the immediate vicinity with end units fetching well into the $1M range. Row 8 two blocks away for example sold out immediately upon release in the $1.1M-$1.5M range and averaged 1,500 SF each.

Listed by Francis Evanisko | BRE #01790747 | Evanisko Realty & Investment
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
7,246
HOA Dues
$0/mo
Year built
1941
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
SR19083088
City
Los Angeles
County
Los Angeles
Time on Site
1214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,034
  • Total Rent: $1,034
  • Pro Forma/Market Rent: $1,560
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,054
  • Total Rent: $1,054
  • Pro Forma/Market Rent: $1,560
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,560
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,034
  • Total Rent: $1,034
  • Pro Forma/Market Rent: $1,560
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,083
  • Net Operating Income: $28,286
  • Gross Operating Income: $48,581
  • Vacancy Allowance: $1,503
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $20,295
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $14,054
  • Trash: $0
  • Gardener: $600
  • Insurance: $2,019
  • Water/Sewer: $1,679

Property Details for 8612 Beverlywood St

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Dining Room, Living Room, Electric, Gas
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 36-40 Units/Acre, Front Yard, Lot 6500-9999, Rectangular Lot, Level, Value In Land
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 5065010004
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 10 Freeway / Exit La Cienega Blvd.
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 8612 Beverlywood St

Last sold for $1,150,000 on June 11th, 2019

  • June, 2019

  • Jun 13, 2019

    Date

    Sold

    CRMLS: SR19083088

    $1,150,000

    Price

  • May 16, 2019

    Date

    Pending

    CRMLS: SR19083088

    $1,175,000

    Price

  • Apr 12, 2019

    Date

    Active

    CRMLS: SR19083088

    $1,175,000

    Price

  • June, 2019

  • Jun 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

  • October, 2018

  • Oct 1, 2018

    Date

    Canceled

    CRMLS: SR18135319

    $1,397,500

    Price

  • Jun 25, 2018

    Date

    Price Change

    CRMLS: SR18135319

    $1,397,500

    Price

  • Jun 25, 2018

    Date

    Price Change

    CRMLS: SR18135319

    $13,975,000

    Price

  • Jun 7, 2018

    Date

    Active

    CRMLS: SR18135319

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    A fourplex zoned [Q]R3-1 within walking distance to the Helms Bakery District and Culver City. The [Q] condition restricts only density to 1:1200. Location. Location. Location. The property is less than 0.7 miles from Culver Station [Expo Line Stop]. Such proximity will afford future resents with an extremely convenient transportation option between DTLA and Santa Monica. The property also has a Tier 1 TOC Designation. The property is 1.1 miles from the “Culver Steps” development in downtown Culver City. It was just announced last month that Amazon would occupy 75,000 SF at this property in addition to 275,000 SF they will soon occupy across the street for a total of 350,000 SF.

  • January, 2017

  • Jan 13, 2017

    Date

    Sold (Public Records)

    Public Records

    $825,000

    Price

Show More

Tax History for 8612 Beverlywood St

Assessed Value (2020): $1,173,000
Year Land Value Improved Value Assessed Value
2020 $867,000 $306,000 $1,173,000

Home Value Compared to the Market

This property vs the competition

8612 Beverlywood St sold on June 8, 2019 for 1.26% 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 $471.13 per/sqft which puts the price per square foot 37.6% lower than the current median sale per square foot for the city of Los Angeles.

About 8612 Beverlywood St

Detailed summary of property

8612 Beverlywood St is a fourplex that recently sold in Los Angeles, CA 90034. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 2,494 living square feet, and sits on an approximately 7,246 square foot lot. 8612 Beverlywood St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,150,000. 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 1.26% lower than the current median priced home. Local homes that are currently for sale include 3008 S West View St, 1432 S Cloverdale Ave and 1814 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 93 days, 8612 Beverlywood St has a days on market of 31 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 8612 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 8612 Beverlywood St

Public county record property details
Beds
4
Baths
4
Year built
1941
Sq. Ft.
2,494
Lot Size
7,245
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5065-010-004

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
$1,899,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
44
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%)

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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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