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8616 Whitworth Dr, Los Angeles, CA 90035
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8616 Whitworth Dr Los Angeles, CA 90035

$3,613,260 Sold Price as of 04/29/2019
  • 17 Beds
  • 13 Baths
  • 9,751 Sq.Ft.
Sold
$3,613,260 Sold Price as of 04/29/2019 Refinance Your Mortgage
Map preview of 8616 Whitworth Dr, Los Angeles, CA 90035

Property Overview: 8616 Whitworth Dr Los Angeles, CA has 17 bedrooms, 13 bathrooms, 9,751 living square feet and 6,887 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A well-maintained eight-unit rent-controlled apartment building located in the Pico/Robertson submarket of Los Angeles. Built in 1964, the property has six townhouse units and a total of approximately 12 parking spaces (3 of which are tandem). The property offers a great unit mix of all two-bedroom units and a three-bedroom unit. There is onsite laundry, but one can add value by potentially adding washer/dryers in the units as part of their remodel when a unit becomes vacant. Currently two of the units have been beautifully significantly renovated. Two other units delivered vacant. Additionally, there is approximately 30% upside in the rents. This is a great long term hold or value add opportunity for a hands-on buyer. Existing Loan w/ Chase can be assumed - UPB: ~$2,075,000 with BELOW-MARKET INTEREST RATE OF 4.29% FIXED thru 02-01-24

Listed by Ardy Ishal | BRE #01769601 | BRC Advisors- BH
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 136

Home details

Lot Sq. Ft
6,887
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
18397654
City
Los Angeles
County
Los Angeles
Time on Site
1214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $8,855
  • Total Rent: $8,855
  • Pro Forma/Market Rent: $8,855
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,350
  • Total Rent: $4,350
  • Pro Forma/Market Rent: $4,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,136
  • Total Rent: $2,136
  • Pro Forma/Market Rent: $2,136
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,050
  • Total Rent: $4,050
  • Pro Forma/Market Rent: $4,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.4
  • Gross Scheduled Income: --
  • Net Operating Income: $135,916
  • Gross Operating Income: $234,441
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8616 Whitworth Dr

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Other
Property Information
  • Total # of Units: 8
  • Parcel Number: 4332023001
Location / Neighborhood
Location Information
  • Directions: south of Olympic and east of Robertson
View more facts & features

Local Los Angeles Agent

Sale History for 8616 Whitworth Dr

Last leased for $3,795 on November 1st, 2021

  • October, 2021

  • Oct 4, 2021

    Date

    Price Change

    CRMLS: 21776676

    $3,795

    Price

  • Aug 25, 2021

    Date

    Active

    CRMLS: 21776676

    $3,995

    Price

  • Listing provided courtesy of CRMLS

    Beautiful newly remodeled modern spacious 3 Bedroom + 3 Bath apartment located in lovely quiet Beverly Hills adjacent neighborhood. Large airy unit with plenty of natural light. Unit features new flooring throughout entire apartment, Air-Conditioned, newly remodeled kitchen with modern quartz countertops, all stainless-steel appliances including large stainless-steel fridge and stainless-steel stove/oven and stainless-steel dishwasher. Large stainless-steel deep double-sink, new modern tile flooring from Italy and Spain, Recessed lighting throughout unit, Open dining area and living room area. Private yard with large trees, Private balconies w/ glass sliding doors, all new remodeled bathrooms, large double sink modern vanities, new full shower tiling from Italy, large closets and lots of closet/pantry/cabinet space throughout unit, and much more. Unit comes with covered parking in building. Prime location, minutes away from famous Rodeo Drive strip, Beverly Drive, WeHo

  • December, 2020

  • Dec 23, 2020

    Date

    Leased

    CRMLS: 20661090

    $2,795

    Price

  • Nov 21, 2020

    Date

    Price Change

    CRMLS: 20661090

    $2,580

    Price

  • Nov 17, 2020

    Date

    Active

    CRMLS: 20661090

    $2,795

    Price

  • Listing provided courtesy of CRMLS

    1 MONTH FREE! *Lease amount is $2,795 with 1 month rent free. Net effective rate is $2,580 per month over a 12 month lease. Beautiful newly remodeled modern top floor spacious 2 Bedroom + 1.5 Bath apartment located in lovely quiet Beverly Hills adjacent neighborhood. Unit is 2 stories. Spacious airy unit with plenty of natural light. Unit features new flooring throughout entire apartment, Air-Conditioned, newly remodeled kitchen with modern quartz countertops, all stainless-steel appliances including large stainless-steel fridge and stainless-steel stove/oven and stainless-steel dishwasher. Large stainless-steel deep double-sink, new modern tile flooring from Italy and Spain, Recessed lighting throughout unit, Open dining area and living room area. New double-paned large windows, large private balconies on both floors w/ glass sliding doors, all new remodeled bathrooms, large double sink floating modern vanities, new full shower tiling from Italy, large closets and lots of closet space

  • May, 2020

  • May 21, 2020

    Date

    Leased

    CRMLS: 20567022

    $3,495

    Price

  • Mar 26, 2020

    Date

    Active

    CRMLS: 20567022

    $3,995

    Price

  • Listing provided courtesy of CRMLS

    Beautiful newly remodeled modern spacious 3 Bedroom + 3 Bath apartment located in lovely quiet Beverly Hills adjacent neighborhood. Large airy unit with plenty of natural light. Unit features new flooring throughout entire apartment, Air-Conditioned, newly remodeled kitchen with modern quartz countertops, all stainless-steel appliances including large stainless-steel fridge and stainless-steel stove/oven and stainless-steel dishwasher. Large stainless-steel deep double-sink, new modern tile flooring from Italy and Spain, Recessed lighting throughout unit, Open dining area and living room area. Private yard with large trees, Private balconies w/ glass sliding doors, all new remodeled bathrooms, large double sink modern vanities, new full shower tiling from Italy, large closets and lots of closet/pantry/cabinet space throughout unit, and much more. Unit comes with covered parking in building. Prime location, minutes away from famous Rodeo Drive strip, Beverly Drive, WeHo

  • April, 2020

  • Apr 17, 2020

    Date

    Leased

    CRMLS: 20567024

    $2,600

    Price

  • Mar 26, 2020

    Date

    Active

    CRMLS: 20567024

    $2,795

    Price

  • Listing provided courtesy of CRMLS

    Beautiful newly remodeled modern top floor spacious 2 Bedroom + 1.5 Bath apartment located in lovely quiet Beverly Hills adjacent neighborhood. Unit is 2 stories. Spacious airy unit with plenty of natural light. Unit features new flooring throughout entire apartment, Air-Conditioned, newly remodeled kitchen with modern quartz countertops, all stainless-steel appliances including large stainless-steel fridge and stainless-steel stove/oven and stainless-steel dishwasher. Large stainless-steel deep double-sink, new modern tile flooring from Italy and Spain, Recessed lighting throughout unit, Open dining area and living room area. All new remodeled bathrooms, new full shower tiling from Italy, large closets and lots of closet/pantry/cabinet space throughout unit, and much more. Unit comes with covered parking in building. Prime location, minutes away from famous Rodeo Drive strip, Beverly Drive, WeHo, close to many restaurants, entertainment, Century City, and more. Quiet building.

  • November, 2019

  • Nov 3, 2019

    Date

    Leased

    CRMLS: 19518648

    $2,995

    Price

  • Oct 8, 2019

    Date

    Active

    CRMLS: 19518648

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    Beautiful newly remodeled modern top floor spacious 2 Bedroom + 1.5 Bath apartment located in lovely quiet Beverly Hills adjacent neighborhood. Unit is 2 stories. Spacious airy unit with plenty of natural light. Unit features new flooring throughout entire apartment, Air-Conditioned, newly remodeled kitchen with modern quartz countertops, all stainless-steel appliances including large stainless-steel fridge and stainless-steel stove/oven and stainless-steel dishwasher. Large stainless-steel deep double-sink, new modern tile flooring from Italy and Spain, Recessed lighting throughout unit, Open dining area and living room area. New double-paned large windows, large private balconies on both floors w/ glass sliding doors, all new remodeled bathrooms, large double sink floating modern vanities, new full shower tiling from Italy, large closets and lots of closet/pantry/cabinet space throughout unit, and much more. Unit comes with covered parking in building. Prime location

  • November, 2019

  • Nov 3, 2019

    Date

    Leased

    CRMLS: 19518672

    $2,895

    Price

  • Oct 23, 2019

    Date

    Price Change

    CRMLS: 19518672

    $2,895

    Price

  • Oct 8, 2019

    Date

    Active

    CRMLS: 19518672

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    Beautiful newly remodeled modern top floor spacious 2 Bedroom + 1.5 Bath apartment located in lovely quiet Beverly Hills adjacent neighborhood. Unit is 2 stories. Spacious airy unit with plenty of natural light. Unit features new flooring throughout entire apartment, Air-Conditioned, newly remodeled kitchen with modern quartz countertops, all stainless-steel appliances including large stainless-steel fridge and stainless-steel stove/oven and stainless-steel dishwasher. Large stainless-steel deep double-sink, new modern tile flooring from Italy and Spain, Recessed lighting throughout unit, Open dining area and living room area. New double-paned large windows, large private balconies on both floors w/ glass sliding doors, all new remodeled bathrooms, large double sink floating modern vanities, new full shower tiling from Italy, large closets and lots of closet/pantry/cabinet space throughout unit, and much more. Unit comes with covered parking in building. Prime location

  • November, 2019

  • Nov 3, 2019

    Date

    Leased

    CRMLS: 19518686

    $2,850

    Price

  • Oct 23, 2019

    Date

    Price Change

    CRMLS: 19518686

    $2,850

    Price

  • Oct 8, 2019

    Date

    Active

    CRMLS: 19518686

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    Beautiful newly remodeled modern top floor spacious 2 Bedroom + 1.5 Bath apartment located in lovely quiet Beverly Hills adjacent neighborhood. Unit is 2 stories. Spacious airy unit with plenty of natural light. Unit features new flooring throughout entire apartment, Air-Conditioned, newly remodeled kitchen with modern quartz countertops, all stainless-steel appliances including large stainless-steel fridge and stainless-steel stove/oven and stainless-steel dishwasher. Large stainless-steel deep double-sink, new modern tile flooring from Italy and Spain, Recessed lighting throughout unit, Open dining area and living room area. All new remodeled bathrooms, new full shower tiling from Italy, large closets and lots of closet/pantry/cabinet space throughout unit, and much more. Unit comes with covered parking in building. Prime location, minutes away from famous Rodeo Drive strip, Beverly Drive, WeHo, close to many restaurants, entertainment, Century City, and more. Quiet building.

  • April, 2019

  • Apr 29, 2019

    Date

    Sold

    CRMLS: 18397654

    $3,613,260

    Price

  • Mar 1, 2019

    Date

    Pending

    CRMLS: 18397654

    $3,725,000

    Price

  • Jan 22, 2019

    Date

    Price Change

    CRMLS: 18397654

    $3,725,000

    Price

  • Oct 17, 2018

    Date

    Active

    CRMLS: 18397654

    $3,950,000

    Price

  • April, 2019

  • Apr 9, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,559,500

    Price

  • May, 2015

  • May 29, 2015

    Date

    Sold (Public Records)

    Public Records

    $3,050,000

    Price

Show More

Tax History for 8616 Whitworth Dr

Assessed Value (2020): $3,685,525
Year Land Value Improved Value Assessed Value
2020 $2,346,000 $1,339,525 $3,685,525

Home Value Compared to the Market

This property vs the competition

8616 Whitworth Dr sold on April 29, 2019 for 213.03% 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 $382.01 per/sqft which puts the price per square foot 49.4% lower than the current median sale per square foot for the city of Los Angeles.

About 8616 Whitworth Dr

Detailed summary of property

8616 Whitworth Dr is a multi family that recently sold in Los Angeles, CA 90035. This multi family property offered 17 bedrooms, 13 bathrooms, roughly 9,751 living square feet, and sits on an approximately 6,887 square foot lot. 8616 Whitworth Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $3,613,260. 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 213.03% higher than the current median priced home. Local homes that are currently for sale include 3125 S Durango Ave, 3126 S Canfield Ave and 434 N Ogden Dr. While the average home in Los Angeles, CA is selling in 93 days, 8616 Whitworth Dr has a days on market of 136 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 8616 Whitworth Dr Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8616 Whitworth Dr

Public county record property details
Beds
16
Baths
19
Year built
1964
Sq. Ft.
9,751
Lot Size
6,886
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
139
APN
4332-023-001

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,465,000
Median Sold Price/Sq.Ft.
$843
Total Inventory
56
Median Sale to List Price %
104.64%
Avg Days on Market
35
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (23.08%), Other (7.69%)

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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