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8625 Orchard Ave, Los Angeles, CA 90044
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8625 Orchard Ave Los Angeles, CA 90044

$1,100,000 Sold Price as of 10/05/2021
  • 10 Beds
  • 6 Baths
  • 3,506 Sq.Ft.
Sold
$1,100,000 Sold Price as of 10/05/2021 Refinance Your Mortgage
Map preview of 8625 Orchard Ave, Los Angeles, CA 90044

Property Overview: 8625 Orchard Ave Los Angeles, CA has 10 bedrooms, 6 bathrooms, 3,506 living square feet and 6,005 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to your new home Investor/owner occupied duplex in a great Los Angeles rental area just minutes away from all freeways, shopping and entertainment including the new Rams Stadium, and the Forum. This property consist of two (2) 5 bedroom 3 bath units. Parking 3 car garage and parking for 3 additional cars with a nice area of yard space. Perfect to live in one home and rent out the other and collect great rental income or for an investor to rent out both homes for a great monthly return on investment and also enjoy the great appreciation on a property in a vibrant and booming location.

Listed by Eve Long | BRE #01976972 | Coldwell Banker
Co-listed by Rene Guy | BRE #02117628 | Coldwell Banker
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,005
HOA Dues
$0/mo
Year built
2015
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PF21182788
City
Los Angeles
County
Los Angeles
Time on Site
1136 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $86,400
  • Net Operating Income: $82,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,960
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $2,760

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 8625 Orchard Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Electric Range, Gas Oven, Tankless Water Heater
Interior Features
  • Ceiling Fan(s), Open Floorplan
  • Levels: One, Two
  • Security Features: Automatic Gate
Exterior Features
Exterior Information
  • Has Fence
  • Brick, Wrought Iron
  • Other Structures: Second Garage Detached
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Garage Faces Rear, Garage - Three Door
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6038017027
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Not Available, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: 110 FWY, To Head West on Manchester Blvd, LT on Orchard
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Storm Drains, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 8625 Orchard Ave

Last sold for $1,100,000 on October 5th, 2021

  • September, 2021

  • Sep 2, 2021

    Date

    Pending

    CRMLS: PF21182788

    $1,178,000

    Price

  • Aug 18, 2021

    Date

    Active

    CRMLS: PF21182788

    $1,178,000

    Price

  • April, 2021

  • Apr 30, 2021

    Date

    Sold

    CRMLS: PF21037766

    $1,000,000

    Price

  • Mar 7, 2021

    Date

    Pending

    CRMLS: PF21037766

    $1,050,000

    Price

  • Feb 24, 2021

    Date

    Active

    CRMLS: PF21037766

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2017

  • Dec 31, 2017

    Date

    Sold

    CRMLS: 17282228

    $775,000

    Price

  • Dec 18, 2017

    Date

    Active Under Contract

    CRMLS: 17282228

    $770,000

    Price

  • Dec 18, 2017

    Date

    Sold

    CRMLS: 17282228

    $775,000

    Price

  • Dec 9, 2017

    Date

    Active Under Contract

    CRMLS: 17282228

    $770,000

    Price

  • Oct 20, 2017

    Date

    Active

    CRMLS: 17282228

    $770,000

    Price

  • Listing provided courtesy of CRMLS

    New construction (built in 2105) duplex in a spectacular rental area. Close to markets, a public transportation. This is a rare non rent controlled building in Los Angeles with two story units each with 5 bedrooms and 3 baths. Property can be sold with a nearly identical duplex two blocks away at 8706 Menlo Ave. These properties rarely hit the open market, and often require buyers to wait up to 6-8 months for delivery from the developer.

  • December, 2017

  • Dec 27, 2017

    Date

    Sold (Public Records)

    Public Records

    $775,000

    Price

  • November, 2015

  • Nov 24, 2015

    Date

    Sold (Public Records)

    Public Records

    $635,000

    Price

  • February, 2015

  • Feb 18, 2015

    Date

    Price Change

    CRMLS: DW14214114

    $255,000

    Price

  • Nov 11, 2014

    Date

    Price Change

    CRMLS: DW14214114

    $265,000

    Price

  • Oct 6, 2014

    Date

    Price Change

    CRMLS: DW14214114

    $270,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCTION! This is a beautifully refurbished home. Come see this cozy 2 bedrooms, 1 bath home. This property features: new cabinets, granite counter tops, laminate floor in both bedrooms. Master bedroom has walking closet. Spacious backyard with several fruit trees and generous amount of space for several vehicles. Perfect as a starter home and/or a seasoned investor. Reasonably priced.

Show More

Tax History for 8625 Orchard Ave

Assessed Value (2020): $806,310
Year Land Value Improved Value Assessed Value
2020 $561,816 $244,494 $806,310

Home Value Compared to the Market

This property vs the competition

8625 Orchard Ave sold on October 5, 2021 for 5.18% higher 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 $336 per/sqft which puts the price per square foot 53.59% lower than the current median sale per square foot for the city of Los Angeles.

About 8625 Orchard Ave

Detailed summary of property

8625 Orchard Ave is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 3,506 living square feet, and sits on an approximately 6,005 square foot lot. 8625 Orchard Ave was first listed on ArdentRealEstateGroup.com on August 18, 2021. The homeowner sold the property for $1,100,000. 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 5.18% higher than the current median priced home. Local homes that are currently for sale include 1136 W 101St St, 1326 W 98th St and 10465 S Hoover St. While the average home in Los Angeles, CA is selling in 106 days, 8625 Orchard Ave has a days on market of 15 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 8625 Orchard Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8625 Orchard Ave

Public county record property details
Beds
10
Baths
6
Year built
2015
Sq. Ft.
3,506
Lot Size
6,005
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
199
APN
6038-017-027

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,900
Median List Price/Sq.Ft.
$518
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
93
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

Thinking of Selling?

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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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