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8705 Bandera St, Los Angeles, CA 90002
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8705 Bandera St Los Angeles, CA 90002

$825,000 Sold Price as of 07/18/2022
  • 8 Beds
  • 5 Baths
  • 1,892 Sq.Ft.
Sold
$825,000 Sold Price as of 07/18/2022 Refinance Your Mortgage
Map preview of 8705 Bandera St, Los Angeles, CA 90002

Property Overview: 8705 Bandera St Los Angeles, CA has 8 bedrooms, 5 bathrooms, 1,892 living square feet and 6,667 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is just what you've been looking for!!! A beautifully updated duplex with two houses on a lot. Both units are turnkey and move-in ready. Each unit has laminate wood flooring throughout, modernized kitchens and baths and have been recently painted inside and out . There is also room for a washer and dryer hookup in each unit. The front house has 2 beds + 1 bath, and the back house has 3 beds + 2 bath. Each unit has their own yard space and separate entry for parking. This property is ideal for a large family, an owner looking to live in one and rent out the other or an investor looking to buy and hold. I expect this property to sell fast. Come see it for yourself!!!

Listed by Emil Belvin | BRE #01808336 | Cal Estate Brokers
Co-listed by Marcus Rich | BRE #01497912 | Cal Estate Brokers
Last checked: 15 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
6,667
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22156011
City
Los Angeles
County
Los Angeles
Time on Site
863 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,225
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,225
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,875
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,875
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 7.4
  • Gross Scheduled Income: --
  • Net Operating Income: $43,238
  • Gross Operating Income: $61,200
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8705 Bandera St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace, Central
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 6044018025
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: East of Central Ave and South of Firestone Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 8705 Bandera St

Last sold for $825,000 on July 18th, 2022

  • July, 2022

  • Jul 18, 2022

    Date

    Sold

    CRMLS: 22156011

    $825,000

    Price

  • May 12, 2022

    Date

    Active

    CRMLS: 22156011

    $829,000

    Price

  • September, 2019

  • Sep 6, 2019

    Date

    Canceled

    CRMLS: DW19134356

    $395,000

    Price

  • Aug 21, 2019

    Date

    Hold

    CRMLS: DW19134356

    $395,000

    Price

  • Aug 21, 2019

    Date

    Active

    CRMLS: DW19134356

    $395,000

    Price

  • Jul 3, 2019

    Date

    Hold

    CRMLS: DW19134356

    $395,000

    Price

  • Jun 7, 2019

    Date

    Active

    CRMLS: DW19134356

    $395,000

    Price

  • Listing provided courtesy of CRMLS

    Property has a lot of potencial. Exellent area of Los Angeles.

  • April, 2019

  • Apr 5, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 8705 Bandera St

Assessed Value (2020): $561,000
Year Land Value Improved Value Assessed Value
2020 $336,600 $224,400 $561,000

Home Value Compared to the Market

This property vs the competition

8705 Bandera St sold on July 18, 2022 for 25.98% 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 $438.16 per/sqft which puts the price per square foot 39.48% lower than the current median sale per square foot for the city of Los Angeles.

About 8705 Bandera St

Detailed summary of property

8705 Bandera St is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 1,892 living square feet, and sits on an approximately 6,667 square foot lot. 8705 Bandera St was first listed on ArdentRealEstateGroup.com on May 18, 2022. The homeowner sold the property for $825,000. 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 25.98% lower than the current median priced home. Local homes that are currently for sale include 2015 E 105th St, 913 E 87th St and 1826 E 107th St. While the average home in Los Angeles, CA is selling in 106 days, 8705 Bandera St has a days on market of 16 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 8705 Bandera 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 8705 Bandera St

Public county record property details
Beds
5
Baths
3
Year built
1910
Sq. Ft.
1,892
Lot Size
6,667
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
39,40
APN
6044-018-025

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%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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