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8777 Cadillac Ave, Los Angeles, CA 90034
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8777 Cadillac Ave Los Angeles, CA 90034

$2,150,000 Sold Price as of 12/13/2019
  • 14 Beds
  • 12 Baths
  • 7,029 Sq.Ft.
Sold
$2,150,000 Sold Price as of 12/13/2019 Refinance Your Mortgage
Map preview of 8777 Cadillac Ave, Los Angeles, CA 90034

Property Overview: 8777 Cadillac Ave Los Angeles, CA has 14 bedrooms, 12 bathrooms, 7,029 living square feet and 6,796 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A core-plus value-add multifamily opportunity located in Prime La Cienega Heights with outstanding curb appeal. This 6-Unit opportunity offers an incredibly attractive unit mix consisting of two (2) three-bedroom units and four (4) two-bedroom units averaging almost 1,200 SF/unit. Incredible value-add potential with tremendous upside from current to market!

Listed by Everett Wong | BRE #01991247 | Greysteel
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
6,796
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW19247918
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,214
  • Total Rent: $1,214
  • Pro Forma/Market Rent: $3,495
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,725
  • Total Rent: $1,725
  • Pro Forma/Market Rent: $2,795
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,495
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,257
  • Total Rent: $1,257
  • Pro Forma/Market Rent: $2,795
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,214
  • Total Rent: $1,214
  • Pro Forma/Market Rent: $2,795
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,409
  • Total Rent: $2,409
  • Pro Forma/Market Rent: $2,795
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $122,628
  • Net Operating Income: $75,891
  • Gross Operating Income: --
  • Laundry Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: $75,891
  • Electric: $0
  • Gas/Fuel: $1,200
  • New Taxes: $25,650
  • Trash: $2,245
  • Insurance: $3,200
  • Professional Management: $0
  • Water/Sewer: $7,200

Property Details for 8777 Cadillac Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 4302026015
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cadillac Ave between Robertson and La Cienega
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 8777 Cadillac Ave

Last sold for $2,150,000 on December 13th, 2019

  • December, 2019

  • Dec 17, 2019

    Date

    Sold

    CRMLS: PW19247918

    $2,150,000

    Price

  • Nov 12, 2019

    Date

    Pending

    CRMLS: PW19247918

    $2,150,000

    Price

  • Oct 21, 2019

    Date

    Active

    CRMLS: PW19247918

    $2,150,000

    Price

  • December, 2019

  • Dec 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,150,000

    Price

  • August, 2019

  • Aug 15, 2019

    Date

    Expired

    CRMLS: 19468848

    $2,289,000

    Price

  • Aug 14, 2019

    Date

    Withdrawn

    CRMLS: 19468848

    $2,289,000

    Price

  • Jul 15, 2019

    Date

    Pending

    CRMLS: 19468848

    $2,289,000

    Price

  • May 23, 2019

    Date

    Active

    CRMLS: 19468848

    $2,289,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent Beverlywood Adjacent location. Rapidly improving area that is close to all!! Century City, Beverly Hills, W Hollywood, Culver City, The Beaches and Downtown! Hard to find luxury sized units with a great building unit mix of 2-3+2 and 4-2+2. All offer large patios/balconies, newer dual pane windows, a common area laundry facility, secure and comfortable environment. The building itself is quite large 7,023 s.f. and all units offer tremendous upside on rents for future upside. This property is subject to the LADBS seismic retrofitting requirements. Ask Agent for more details.

  • May, 2019

  • May 15, 2019

    Date

    Canceled

    CRMLS: 19443778

    --

    Price

  • Mar 20, 2019

    Date

    Active

    CRMLS: 19443778

    --

    Price

  • Mar 14, 2019

    Date

    Hold

    CRMLS: 19443778

    --

    Price

  • Listing provided courtesy of CRMLS

    Great West LA Location!! Rapidly improving and close to Culver City, Rancho Park, Beverly Hills. W Hollywood and the Beach. Hard to find, large 6 unit multifamily investment property in Beverlywood Adj. Built in 1965 with large, luxury sized units and a great unit mix of 4 @ 2+2 and 2@ 3+2.( one 3+2 is a townhouse with laundry inside). All units offer large patios, newer windows and 2 bathrooms in a secure and comfortable environment. Terrific rental upside for future growth. Property is subject to City of LA seismic retrofitting.Contact Listing Agent for details.

  • October, 2016

  • Oct 14, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,890,000

    Price

Show More

Tax History for 8777 Cadillac Ave

Assessed Value (2020): $2,150,000
Year Land Value Improved Value Assessed Value
2020 $1,850,000 $300,000 $2,150,000

Home Value Compared to the Market

This property vs the competition

8777 Cadillac Ave sold on December 13, 2019 for 80.67% 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 $305.88 per/sqft which puts the price per square foot 59.49% lower than the current median sale per square foot for the city of Los Angeles.

About 8777 Cadillac Ave

Detailed summary of property

8777 Cadillac Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 14 bedrooms, 12 bathrooms, roughly 7,029 living square feet, and sits on an approximately 6,796 square foot lot. 8777 Cadillac Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,150,000. 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 80.67% higher than the current median priced home. Local homes that are currently for sale include 1138 Cardiff Ave, 1236 Hi Point St and 1132 S Crescent Heights Blvd. While the average home in Los Angeles, CA is selling in 92 days, 8777 Cadillac Ave has a days on market of 22 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 8777 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 8777 Cadillac Ave

Public county record property details
Beds
14
Baths
12
Year built
1965
Sq. Ft.
7,029
Lot Size
6,795
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
204
APN
4302-026-015

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
$1,899,000
Median List Price/Sq.Ft.
$925
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
42
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%)

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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