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8628 Cadillac Ave, Los Angeles, CA 90034
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8628 Cadillac Ave Los Angeles, CA 90034

$1,092,600 Sold Price as of 05/06/2019
  • 5 Beds
  • 3 Baths
  • 2,238 Sq.Ft.
Sold
$1,092,600 Sold Price as of 05/06/2019 Refinance Your Mortgage
Map preview of 8628 Cadillac Ave, Los Angeles, CA 90034

Property Overview: 8628 Cadillac Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,238 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to own an income producing property in a great area with lots of upside potential. Buy and live in one of the units and let others pay your bills or keep all 3 rented and watch the money roll in!! Zoned LAR3 potential to develop. Great investment in an area with ever increasing rents and property values. There are two 2 bed + 1 bath units and one 1 bed + 1 bath unit. Each unit has a dishwasher, stove, hardwood floors and features its own laundry hook ups inside the unit. A separate 3 car garage at the back of the property offers parking or storage. The yard is fully fenced giving the tenants an extra outdoor area and security. Separate electrical meters and water heaters. Vinyl dual pane windows. Plumbing water supply line redone approx 3 years ago. Close to amazing shops, boutiques, and restaurants. Convenient access to the 10 freeway and just minutes from the Grove, Culver City, DTLA and the beach communities. Kaiser West LA campus is just a few minutes away. Don't let this one pass you by!!!

Listed by Robert Iles | BRE #02031379 | Redfin Corporation
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
5,000
HOA Dues
$0/mo
Year built
1940
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
BB19041275
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,844
  • Total Rent: $1,844
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,670
  • Total Rent: $1,670
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,155
  • Total Rent: $1,155
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $56,028
  • Net Operating Income: $52,392
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,636
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $13,848
  • Trash: $480
  • Gardener: $840
  • Insurance: $1,056
  • Water/Sewer: $1,200

Property Details for 8628 Cadillac Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
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: Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 4301026001
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Head South on La Cienega and turn right on Cadillac. On the corner of S Garth Ave and Cadillac.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 8628 Cadillac Ave

Last sold on December 23rd, 2020

  • December, 2020

  • Dec 23, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2020

  • Sep 4, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2019

  • May 6, 2019

    Date

    Sold

    CRMLS: BB19041275

    $1,092,600

    Price

  • Apr 8, 2019

    Date

    Pending

    CRMLS: BB19041275

    $1,090,000

    Price

  • Mar 11, 2019

    Date

    Active Under Contract

    CRMLS: BB19041275

    $1,090,000

    Price

  • Feb 24, 2019

    Date

    Active

    CRMLS: BB19041275

    $1,090,000

    Price

Show More

Tax History for 8628 Cadillac Ave

Assessed Value (2020): $1,114,452
Year Land Value Improved Value Assessed Value
2020 $816,000 $298,452 $1,114,452

Home Value Compared to the Market

This property vs the competition

8628 Cadillac Ave sold on May 6, 2019 for 8.4% 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 $487.04 per/sqft which puts the price per square foot 35.49% lower than the current median sale per square foot for the city of Los Angeles.

About 8628 Cadillac Ave

Detailed summary of property

8628 Cadillac Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,238 living square feet, and sits on an approximately 5,000 square foot lot. 8628 Cadillac Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,092,600. 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 8.4% lower than the current median priced home. Local homes that are currently for sale include 1814 S Sycamore Ave, 2824-2826 West View St and 1385 S Orange Dr. While the average home in Los Angeles, CA is selling in 94 days, 8628 Cadillac Ave has a days on market of 18 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 8628 Cadillac Ave 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 8628 Cadillac Ave

Public county record property details
Beds
4
Baths
3
Year built
1940
Sq. Ft.
2,238
Lot Size
5,000
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
4301-026-001

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%)

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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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