8767 Airdrome St, Los Angeles, CA 90035
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8767 Airdrome St Los Angeles, CA 90035

$1,500,000 Sold Price as of 05/10/2021
  • 4 Beds
  • 4 Baths
  • 2,689 Sq.Ft.
Sold
$1,500,000 Sold Price as of 05/10/2021 Refinance Your Mortgage

Map preview of 8767 Airdrome St, Los Angeles, CA 90035

Property Overview: 8767 Airdrome St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,689 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Back on the Market. Buyer failed to perform. LOCATION, LOCATION, LOCATION. Excellent development potential. This fourplex has easy proximity to downtown, the west side, and beaches. Each unit has its own garage and service porch. All four units are occupied and will be delivered occupied at COE. The building will be sold as is. Excellent investment opportunity!

Listed by Amy Pell | BRE #01438754 | Coldwell Banker Realty
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1939
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
21692328
City
Los Angeles
County
Los Angeles
Time on Site
1182 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,753
  • Total Rent: $1,753
  • Pro Forma/Market Rent: $1,753
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,248
  • Total Rent: $1,248
  • Pro Forma/Market Rent: $1,248
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $910
  • Total Rent: $910
  • Pro Forma/Market Rent: $910
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 23.97
  • Gross Scheduled Income: --
  • Net Operating Income: $45,532
  • Gross Operating Income: $62,532
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 8767 Airdrome St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Room Information
  • Flooring: Tile, Wood
Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Size Source: Appraiser
Property Information
  • Total # of Units: 4
  • Parcel Number: 4303003017
  • Architectural Style: Bungalow
Location / Neighborhood
Location Information
  • Directions: 1 street east of Robertson on the corner of Preuss and Airdrome
View more facts & features

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Sale History for 8767 Airdrome St

Last sold for $1,500,000 on May 10th, 2021
  • May, 2021

  • May 11, 2021

    Date

    Sold

    CRMLS: 21692328

    $1,500,000

    Price

  • Apr 7, 2021

    Date

    Pending

    CRMLS: 21692328

    $1,499,000

    Price

  • Mar 29, 2021

    Date

    Active

    CRMLS: 21692328

    $1,499,000

    Price

  • Mar 3, 2021

    Date

    Pending

    CRMLS: 21692328

    $1,499,000

    Price

  • Feb 22, 2021

    Date

    Active

    CRMLS: 21692328

    $1,499,000

    Price

Tax History for 8767 Airdrome St

Assessed Value (2020): $103,959
Year Land Value Improved Value Assessed Value
2020 $55,566 $48,393 $103,959

Home Value Compared to the Market

This property vs the competition

8767 Airdrome St sold on May 10, 2021 for 25.97% higher 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 $557.46 per/sqft which puts the price per square foot 26.16% lower than the current median sale per square foot for the city of Los Angeles.

About 8767 Airdrome St

Detailed summary of property

8767 Airdrome St is a multi family that recently sold in Los Angeles, CA 90035. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,689 living square feet, and sits on an approximately 7,500 square foot lot. 8767 Airdrome St was first listed on ArdentRealEstateGroup.com on February 22, 2021. The homeowner sold the property for $1,500,000. 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 25.97% higher than the current median priced home. Local homes that are currently for sale include 2315 Carmona Ave, 1371 Masselin Ave and 1363 Hauser Blvd. While the average home in Los Angeles, CA is selling in 92 days, 8767 Airdrome St has a days on market of 17 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 8767 Airdrome St Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8767 Airdrome St

Public county record property details
Beds
4
Baths
4
Year built
1939
Sq. Ft.
15,480
Lot Size
7,504
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
69,70
APN
4303-003-017

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,465,000
Median Sold Price/Sq.Ft.
$843
Total Inventory
59
Median Sale to List Price %
104.64%
Avg Days on Market
35
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (23.08%), Other (7.69%)

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Related Resources to 8767 Airdrome St

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.