8808 Orchard Ave, Los Angeles, CA 90044
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8808 Orchard Ave Los Angeles, CA 90044

$725,000 Sold Price as of 10/11/2023
  • 12 Beds
  • 6 Baths
  • 2,990 Sq.Ft.
Sold
$725,000 Sold Price as of 10/11/2023 Refinance Your Mortgage

Map preview of 8808 Orchard Ave, Los Angeles, CA 90044

Property Overview: 8808 Orchard Ave Los Angeles, CA has 12 bedrooms, 6 bathrooms, 2,990 living square feet and 5,726 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Price Reduction! From $850,000 to $725,000, Fixer, Triplex, 2Bedroom, 1Bath each unit, being sold "As Is", property comes with a rear detached garage with three parking spaces that's currently not being used by tenants and under the control of the owner as the owner's personal storage area. A perfect ADU opportunity.

Listed by Sharon Smith | BRE #01972974 | AC International Realty Inc.
Co-listed by Anthony Cotton | BRE #01219457 | AC International Realty Inc.
Last checked: 2 minutes ago | Last updated: October 11th, 2023 | Source CRMLS | DOM: 62

Home details

Lot Sq. Ft
5,726
HOA Dues
$0/mo
Year built
1947
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
PW23086234
City
Los Angeles
County
Los Angeles
Time on Site
396 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,282
  • Total Rent: $1,282
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: --
  • Pro Forma/Market Rent: $2,666
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $34,584
  • Net Operating Income: $28,584
  • Gross Operating Income: $34,584
  • Vacancy Allowance: $0
  • Gross Spendable Income: $28,584
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
Annual Expense Breakdown
  • Total Operating Expense: $6,000
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $0
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $500

Property Details for 8808 Orchard Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6038015003
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: W. 88th St. and Orchard Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 8808 Orchard Ave

Last sold for $725,000 on October 11th, 2023
  • October, 2023

  • Oct 11, 2023

    Date

    Sold

    CRMLS: PW23086234

    $725,000

    Price

  • May 21, 2023

    Date

    Active

    CRMLS: PW23086234

    $850,000

    Price

  • December, 2016

  • Dec 9, 2016

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • May, 2012

  • May 8, 2012

    Date

    Sold (Public Records)

    Public Records

    $248,000

    Price

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Tax History for 8808 Orchard Ave

Assessed Value (2020): $583,557
Year Land Value Improved Value Assessed Value
2020 $413,871 $169,686 $583,557

Home Value Compared to the Market

This property vs the competition

8808 Orchard Ave sold on October 11, 2023 for 43.09% 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 $242.47 per/sqft which puts the price per square foot 69.35% lower than the current median sale per square foot for the city of Los Angeles.

About 8808 Orchard Ave

Detailed summary of property

8808 Orchard Ave is a triplex that recently sold in Los Angeles, CA 90044. This triplex offered 12 bedrooms, 6 bathrooms, roughly 2,990 living square feet, and sits on an approximately 5,726 square foot lot. 8808 Orchard Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $725,000. 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 43.09% lower than the current median priced home. Local homes that are currently for sale include 601 W 74th St, 1538 W 85th St and 10409 S Figueroa St. While the average home in Los Angeles, CA is selling in 100 days, 8808 Orchard Ave has a days on market of 62 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 8808 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 8808 Orchard Ave

Public county record property details
Beds
3
Baths
3
Year built
1947
Sq. Ft.
2,990
Lot Size
5,726
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
240
APN
6038-015-003

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
$685,000
Median List Price/Sq.Ft.
$527
Median Sold Price
$679,999
Median Sold Price/Sq.Ft.
$540
Total Inventory
89
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%)

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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.