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8724 Bandera St, Los Angeles, CA 90002
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8724 Bandera St Los Angeles, CA 90002

$715,000 Sold Price as of 07/14/2023
  • 5 Beds
  • 2 Baths
  • 2,220 Sq.Ft.
Sold
$715,000 Sold Price as of 07/14/2023 Refinance Your Mortgage
Map preview of 8724 Bandera St, Los Angeles, CA 90002

Property Overview: 8724 Bandera St Los Angeles, CA has 5 bedrooms, 2 bathrooms, 2,220 living square feet and 6,716 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fully Occupied Los Angeles Duplex! This duplex features oversized units as well as close to market rents. All utilities are the tenants responsibility making this a positive cash flowing property. Ample on site gated parking. Both units have been well maintained making this a very turn key investment.

Listed by Matthew Hopkins | BRE #01819074 | Total Quality Agents
Co-listed by William Holmes | BRE #01914118 | Pacific Playa Realty
Last checked: 14 minutes ago | Last updated: July 17th, 2023 | Source CRMLS | DOM: 86

Home details

Lot Sq. Ft
6,716
HOA Dues
$0/mo
Year built
1919
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
PW23033186
City
Los Angeles
County
Los Angeles
Time on Site
577 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,264
  • Total Rent: $27,168
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,665
  • Total Rent: $19,980
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $47,148
  • Net Operating Income: $35,275
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,873
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,973
  • Trash: $0
  • Insurance: $1,100
  • Professional Management: $2,800
  • Water/Sewer: $0

Property Details for 8724 Bandera St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6044024008
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From 88th turn onto Bandera
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 8724 Bandera St

Last sold for $715,000 on July 14th, 2023

  • July, 2023

  • Jul 14, 2023

    Date

    Sold

    CRMLS: PW23033186

    $715,000

    Price

  • Feb 28, 2023

    Date

    Active

    CRMLS: PW23033186

    $724,900

    Price

  • May, 2018

  • May 4, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2015

  • Jun 19, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 8724 Bandera St

Assessed Value (2020): $382,755
Year Land Value Improved Value Assessed Value
2020 $211,983 $170,772 $382,755

Home Value Compared to the Market

This property vs the competition

8724 Bandera St sold on July 14, 2023 for 36.17% 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 $322.03 per/sqft which puts the price per square foot 55.52% lower than the current median sale per square foot for the city of Los Angeles.

About 8724 Bandera St

Detailed summary of property

8724 Bandera St is a duplex that recently sold in Los Angeles, CA 90002. This duplex offered 5 bedrooms, 2 bathrooms, roughly 2,220 living square feet, and sits on an approximately 6,716 square foot lot. 8724 Bandera St was first listed on ArdentRealEstateGroup.com on February 28, 2023. The homeowner sold the property for $715,000. 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 36.17% lower than the current median priced home. Local homes that are currently for sale include 845 E 80th St, 1133 E 76th Pl and 10501 Weigand Ave. While the average home in Los Angeles, CA is selling in 106 days, 8724 Bandera St has a days on market of 86 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 8724 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 8724 Bandera St

Public county record property details
Beds
5
Baths
3
Year built
1919
Sq. Ft.
2,220
Lot Size
6,716
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13,14
APN
6044-024-008

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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