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8719 Orchard Ave, Los Angeles, CA 90044
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8719 Orchard Ave Los Angeles, CA 90044

$825,000 Sold Price as of 06/27/2023
  • 3 Beds
  • 3 Baths
  • 1,610 Sq.Ft.
Sold
$825,000 Sold Price as of 06/27/2023 Refinance Your Mortgage
Map preview of 8719 Orchard Ave, Los Angeles, CA 90044

Property Overview: 8719 Orchard Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,610 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: Good Three unit property with good income. Some tenants on housing. 2 Units have been completely remodeled. All offers to be made subject to interior inspection.

Listed by James Ward | BRE #00989094 | Forward Real Estate
Last checked: 10 minutes ago | Last updated: June 28th, 2023 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
6,005
HOA Dues
$0/mo
Year built
1948
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
23263157
City
Los Angeles
County
Los Angeles
Time on Site
393 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: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,925
  • Total Rent: $1,925
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.94
  • Gross Scheduled Income: --
  • Net Operating Income: $65,400
  • Gross Operating Income: $71,100
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $150
  • Gardener: $50
  • Water/Sewer: $275

Property Details for 8719 Orchard Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Kitchen Information
  • Has Appliances
  • Disposal
Exterior Features
Exterior Information
  • Roof: Shingle
  • 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: Assigned, Covered, Private, Tandem Garage
Lot Information
  • Lot Features: Rectangular Lot
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 6038017036
  • Architectural Style: Cottage
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: South of Manchester east of Vermont
View more facts & features

Local Los Angeles Agent

Sale History for 8719 Orchard Ave

Last sold for $825,000 on June 27th, 2023

  • June, 2023

  • Jun 27, 2023

    Date

    Sold

    CRMLS: 23263157

    $825,000

    Price

  • Apr 25, 2023

    Date

    Active

    CRMLS: 23263157

    $849,000

    Price

  • September, 2018

  • Sep 24, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2018

  • Aug 3, 2018

    Date

    Sold

    CRMLS: SR18134748

    $455,000

    Price

  • Jul 26, 2018

    Date

    Pending

    CRMLS: SR18134748

    $455,000

    Price

  • Jun 30, 2018

    Date

    Active

    CRMLS: SR18134748

    $455,000

    Price

  • Jun 15, 2018

    Date

    Active Under Contract

    CRMLS: SR18134748

    $455,000

    Price

  • Jun 6, 2018

    Date

    Active

    CRMLS: SR18134748

    $455,000

    Price

  • Listing provided courtesy of CRMLS

    Triplex in the Westside of Los Angeles. Building is 1,610 square feet and lot is 6,004. Each unit has 1 bedroom, 1 bath. 1 unit will be delivered vacant, perfect to live in one and rent the others. Each unit offers spacious living room, dining area, kitchen with lots of cabinet space, large Master bedroom with walk-in closet and private full bathroom. Each with its own electrical panel, gas meter & 1 car garage. This building is pride of ownership including copper plumbing, newer exterior paint, and newer roof. 1 unit will be delivered vacant.

  • August, 2018

  • Aug 2, 2018

    Date

    Sold (Public Records)

    Public Records

    $455,000

    Price

  • June, 2018

  • Jun 6, 2018

    Date

    Canceled

    CRMLS: SR18094278

    $455,000

    Price

  • May 10, 2018

    Date

    Pending

    CRMLS: SR18094278

    $455,000

    Price

  • Apr 28, 2018

    Date

    Active

    CRMLS: SR18094278

    $455,000

    Price

  • Listing provided courtesy of CRMLS

    Triplex in the Westside of Los Angeles. Building is 1,610 square feet and lot is 6,004. Each unit has 1 bedroom, 1 bath. 1 unit will be delivered vacant, perfect to live in one and rent the others. Each unit offers spacious living room, dining area, kitchen with lots of cabinet space, large Master bedroom with walk-in closet and private full bathroom. Each with its own electrical panel, gas meter & 1 car garage. This building is pride of ownership including copper plumbing, newer exterior paint, and newer roof. 1 unit will be delivered vacant.

  • January, 2018

  • Jan 15, 2018

    Date

    Expired

    CRMLS: 17281178

    $497,600

    Price

  • Oct 18, 2017

    Date

    Active

    CRMLS: 17281178

    $497,600

    Price

  • Listing provided courtesy of CRMLS

    This nice 3 unit property is located in a vibrant area of Southwest Los Angeles. It sits on a major transit corridor at Manchester and Vermont avenues with easy access to the 91,105,110,405 freeways and the Metro Greenline train. It is just one block from the A. Sutton Recreation Center where active tenants can enjoy baseball diamonds, basketball, tennis courts, soccer fields and other healthy activities. For sports fan investors and tenants, this desirable property lies within a 10 to 20 minute radius of LAX, the LA Coliseum, Staples Center, the Stub Hub Center and approx. 3.2 miles from the new Rams/Charger stadium in Inglewood. The building is in good condition with each unit having it's own private garage. The upside for increasing rents gives investors opportunity for profits, equity growth and building wealth. Bring your pre-approved offer and put a" Jewel" in your portfolio.

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Tax History for 8719 Orchard Ave

Assessed Value (2020): $464,100
Year Land Value Improved Value Assessed Value
2020 $371,280 $92,820 $464,100

Home Value Compared to the Market

This property vs the competition

8719 Orchard Ave sold on June 27, 2023 for 35.24% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $512.42 per/sqft which puts the price per square foot 35.22% lower than the current median sale per square foot for the city of Los Angeles.

About 8719 Orchard Ave

Detailed summary of property

8719 Orchard Ave is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 1,610 living square feet, and sits on an approximately 6,005 square foot lot. 8719 Orchard Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $825,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 35.24% lower than the current median priced home. Local homes that are currently for sale include 538 W 97th St, 9811 S Vermont Ave and 7704 S Grand Ave. While the average home in Los Angeles, CA is selling in 100 days, 8719 Orchard Ave has a days on market of 4 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 8719 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 8719 Orchard Ave

Public county record property details
Beds
3
Baths
3
Year built
1948
Sq. Ft.
1,610
Lot Size
6,004
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
208
APN
6038-017-036

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
$659,500
Median List Price/Sq.Ft.
$521
Median Sold Price
$679,999
Median Sold Price/Sq.Ft.
$540
Total Inventory
87
Median Sale to List Price %
101.64%
Avg Days on Market
21
Loan Type
Conventional (22.22%), FHA (55.56%), VA (0%), Cash (11.11%), Other (0%)

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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