Search
8815 Wall St, Los Angeles, CA 90003
Image 2 for 8815 Wall St, Los Angeles, CA 90003
Image 3 for 8815 Wall St, Los Angeles, CA 90003
View Photos

8815 Wall St Los Angeles, CA 90003

$775,000 Sold Price as of 04/05/2024
  • 7 Beds
  • 4 Baths
  • 2,780 Sq.Ft.
Sold
$775,000 Sold Price as of 04/05/2024 Refinance Your Mortgage
Map preview of 8815 Wall St, Los Angeles, CA 90003

Property Overview: 8815 Wall St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,780 living square feet and 4,080 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Step into this inviting Spanish duplex featuring a standalone, charming bungalow. Nestled on a corner lot, this triplex is an ideal property for owner-users. Envision yourself residing in the bungalow while generating rental income from the other tenant-occupied units. The bungalow has lots of light and an airy ambiance, showcasing a character-filled primary bedroom and bath, along with two additional bedrooms and another bath downstairs. The duplex units are 2 beds and 1 bath each and are currently rented and occupied. The bungalow is owner-occupied and will be delivered vacant. Inquire about the new Fannie Mae conventional loan option, requiring only a 5% down payment for eligible units! A 4% allowable rent increase goes into effect on May 1st.

Listed by Robert A Rodriguez | BRE #01939553 | Compass
Last checked: 1 minute ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
4,080
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24346677
City
Los Angeles
County
Los Angeles
Time on Site
173 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,326
  • Total Rent: $1,326
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,273
  • Total Rent: $1,273
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7%
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: --
  • Net Operating Income: $60,344
  • Gross Operating Income: $73,188
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8815 Wall St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Gated
Property Information
  • Total # of Units: 3
  • Parcel Number: 6041004012
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: From the 110 Fwy exit at Manchester Ave and head East. Turn right on Wall St. The Triplex will be on your right on the corner of Wall St and 88th Pl.
View more facts & features

Local Los Angeles Agent

Sale History for 8815 Wall St

Last sold for $775,000 on April 5th, 2024

  • April, 2024

  • Apr 5, 2024

    Date

    Sold

    CRMLS: 24346677

    $775,000

    Price

  • Jan 11, 2024

    Date

    Active

    CRMLS: 24346677

    $849,000

    Price

  • January, 2019

  • Jan 7, 2019

    Date

    Sold

    CRMLS: DW18262444

    $614,000

    Price

  • Nov 28, 2018

    Date

    Active

    CRMLS: DW18262444

    $624,900

    Price

  • Nov 24, 2018

    Date

    Hold

    CRMLS: DW18262444

    $624,900

    Price

  • Oct 30, 2018

    Date

    Active

    CRMLS: DW18262444

    $624,900

    Price

  • Listing provided courtesy of CRMLS

    WOW!WOW!WOW! Excellent opportunity to own in upcoming LA market just minutes away from downtown LA Live Entertainment, USC, LAFC Stadium, downtown entertainment, & future Rams/Chargers stadium venue and entertainment. 2 units (2 bed/1 bath each occupied) & 1 unit 3 bed/ 2 bath will be delivered vacant for owner occupied or future rental at $2,200-2,400 monthly rental additional income. All units show well and have current upgrades, 3rd unit ready to move in. Rental income all other units are due rent increase also which adds to your cap rate.

  • January, 2019

  • Jan 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $614,000

    Price

  • September, 2018

  • Sep 30, 2018

    Date

    Expired

    CRMLS: DW18156613

    $595,000

    Price

  • Jul 26, 2018

    Date

    Withdrawn

    CRMLS: DW18156613

    $595,000

    Price

  • Jun 29, 2018

    Date

    Active

    CRMLS: DW18156613

    $595,000

    Price

  • Listing provided courtesy of CRMLS

    WOW!WOW!WOW!Excellent opportunity to own in upcoming LA market just minutes away from downtown l LA Live, USC, LAFC Stadium, Downtown, and future Rams/Chargers home. All units are occupied and are in current month-month rents with future rent increases due to help increase cap rates. 2 units are spacious 2 bed/1 bath with laminated flooring, upgraded kitchen & bathrooms. 3rd unit is 3 bed/1 bath and is 2 story with tremendous upside or can be used as primary residence while renting other separate units.

  • February, 2018

  • Feb 9, 2018

    Date

    Expired

    CRMLS: DW17272088

    $558,500

    Price

  • Jan 5, 2018

    Date

    Withdrawn

    CRMLS: DW17272088

    $558,500

    Price

  • Dec 8, 2017

    Date

    Active

    CRMLS: DW17272088

    $558,500

    Price

  • Listing provided courtesy of CRMLS

    WOW!WOW!WOW! Perfect opportunity to invest in booming LA area with huge upside. Property is centrally located just minutes from downtown LA and future Inglewood developments. Tenants are long term with month-month terms and upside in rental income. All units show well with upgraded kitchen with newer cabinets & granite counter tops, laminate flooring, and tile floors. Perfect opportunity for a 1031 exchange investor looking to increase cash flow!!

  • December, 2017

  • Dec 2, 2017

    Date

    Canceled

    CRMLS: DW17245679

    $575,000

    Price

  • Oct 27, 2017

    Date

    Active

    CRMLS: DW17245679

    $575,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to invest in upcoming LA market. All units are rented on month-month terms, stable renters and opportunity to increase rents immediately to increase your cap rate. Property shows well and has gone thru the city with permits. 2-units are 2 bed/1 bath and 1 unit is 3 bed/1 bath. Property is conveniently located near downtown, metro transportation, and schools, and freeways.

  • October, 2017

  • Oct 11, 2017

    Date

    Canceled

    CRMLS: DW17195014

    $589,900

    Price

  • Sep 14, 2017

    Date

    Price Change

    CRMLS: DW17195014

    $589,900

    Price

  • Aug 23, 2017

    Date

    Active

    CRMLS: DW17195014

    $604,900

    Price

  • Listing provided courtesy of CRMLS

    WOW!WOW!WOW! Excellent opportunity to own in upcoming LA market just minutes away from downtown life and future Inglewood entertainment venue. All units are occupied and are in current month to month rents. Property shows well and has future growth in rental income and cap rate. A solid investment with favorable returns. All units are due for rent increase; Proforma rental market is as follows: 1 unit ($1,400) 2nd unit ($1450), & 3rd unit ($1,800). Annual Gross Income: $55,800- Vac 3% (1674)-Effective Gross Income: 54,126- Annual Expenses ($13,000)- Net Operating Income of $41,126 gives you a potential CAP RATE of 6.8% minimum with much higher growth potential. Solid investment deal that beats having $$$$ in the bank with .01-.02% ROI with NO tax breaks!!!!!

  • January, 2012

  • Jan 18, 2012

    Date

    Sold (Public Records)

    Public Records

    $205,000

    Price

Show More

Tax History for 8815 Wall St

Assessed Value (2020): $626,620
Year Land Value Improved Value Assessed Value
2020 $306,000 $320,620 $626,620

Home Value Compared to the Market

This property vs the competition

8815 Wall St sold on April 5, 2024 for 37.28% 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 $287.41 per/sqft which puts the price per square foot 63.66% lower than the current median sale per square foot for the city of Los Angeles.

About 8815 Wall St

Detailed summary of property

8815 Wall St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 2,780 living square feet, and sits on an approximately 4,080 square foot lot. 8815 Wall St was first listed on ArdentRealEstateGroup.com on January 12, 2024. The homeowner sold the property for $775,000. 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 37.28% lower than the current median priced home. Local homes that are currently for sale include 643 W Colden Ave, 1158 E 88th Pl and 1141 E 84th Pl. While the average home in Los Angeles, CA is selling in 100 days, 8815 Wall St has a days on market of 31 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 8815 Wall St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8815 Wall St

Public county record property details
Beds
4
Baths
3
Year built
1927
Sq. Ft.
2,051
Lot Size
4,080
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
119
APN
6041-004-012

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$583
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$479
Total Inventory
44
Median Sale to List Price %
94.02%
Avg Days on Market
140
Loan Type
Conventional (50%), FHA (16.67%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 8815 Wall St

Nearby Homes for Sale

203 E 82nd St, Los Angeles, CA 90003
$725,000
8 Beds
5 Baths
1528 Sq.Ft.
203 E 82nd St
Los Angeles, CA 90003
341 E 82nd St, Los Angeles, CA 90003
$815,000
5 Beds
4 Baths
1504 Sq.Ft.
341 E 82nd St
Los Angeles, CA 90003
348 W 83rd St, Los Angeles, CA 90003
$899,000
6 Beds
4 Baths
2660 Sq.Ft.
348 W 83rd St
Los Angeles, CA 90003
731 E 84th St, Los Angeles, CA 90001
$649,000
3 Beds
0 Baths
1611 Sq.Ft.
731 E 84th St
Los Angeles, CA 90001
8405 Mckinley Ave, Los Angeles, CA 90001
$740,000
4 Beds
2 Baths
1754 Sq.Ft.
8405 Mckinley Ave
Los Angeles, CA 90001
936 E 91st St, Los Angeles, CA 90002
$650,000
3 Beds
2 Baths
1218 Sq.Ft.
936 E 91st St
Los Angeles, CA 90002
425 W Century Blvd, Los Angeles, CA 90003
$889,000
8 Beds
4 Baths
2448 Sq.Ft.
425 W Century Blvd
Los Angeles, CA 90003
7704 S Grand Ave, Los Angeles, CA 90003
$899,000
6 Beds
4 Baths
2737 Sq.Ft.
7704 S Grand Ave
Los Angeles, CA 90003
353 W 77th St, Los Angeles, CA 90003
$899,000
6 Beds
4 Baths
2737 Sq.Ft.
353 W 77th St
Los Angeles, CA 90003
725 W 83rd St, Los Angeles, CA 90044
$695,000
9 Beds
6 Baths
1963 Sq.Ft.
725 W 83rd St
Los Angeles, CA 90044
635 W Colden Ave, Los Angeles, CA 90044
$695,000
5 Beds
2 Baths
1562 Sq.Ft.
635 W Colden Ave
Los Angeles, CA 90044
316 W 75th St, Los Angeles, CA 90003
$920,000
8 Beds
4 Baths
2616 Sq.Ft.
316 W 75th St
Los Angeles, CA 90003

Recently Sold Homes Near 8815 Wall St

155 E 88th Pl, Los Angeles, CA 90003
$550,000 Last Sold Price
6 Beds
3 Baths
1748 Sq.Ft.
155 E 88th Pl
Los Angeles, CA 90003
153 E 88Th St, Los Angeles, CA 90003
$660,000 Last Sold Price
5 Beds
3 Baths
1751 Sq.Ft.
153 E 88Th St
Los Angeles, CA 90003
150 E 88th Pl, Los Angeles, CA 90003
$500,000 Last Sold Price
3 Beds
2 Baths
1292 Sq.Ft.
150 E 88th Pl
Los Angeles, CA 90003
154 E 88th Pl, Los Angeles, CA 90003
$700,000 Last Sold Price
4 Beds
2 Baths
1798 Sq.Ft.
154 E 88th Pl
Los Angeles, CA 90003

Related Resources to 8815 Wall St

New Listings in 90003
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote