8818 Bandera St, Los Angeles, CA 90002
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8818 Bandera St Los Angeles, CA 90002

$550,000 Sold Price as of 05/11/2021
  • 6 Beds
  • 5 Baths
  • 1,950 Sq.Ft.
Sold
$550,000 Sold Price as of 05/11/2021 Refinance Your Mortgage

Map preview of 8818 Bandera St, Los Angeles, CA 90002

Property Overview: 8818 Bandera St Los Angeles, CA has 6 bedrooms, 5 bathrooms, 1,950 living square feet and 8,350 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: AMAZING INVESTOR/END USER OPPORTUNITY! Deal of the year! Over 8,300 sq. ft lot! Main home boasts 3 bedrooms + 2 bathroom and nearly 1,400 square feet of living space. Currently, the main house is separated into a 2bd/1bathroom with a 1bd/1ba rental thats easily converted back into the original floorplan of 3bd/2ba. Property consists of 3 separate attached ADUs with renters who have been at the property for more than 15+ years, have paid rent throughout Covid-19 and rents are extremely under market. The property also has a carport and a gated large driveway with room for more than 5 cars. Live in one unit and rent out the others and pay nothing for mortgage! Zoned LCR2 for potential construction of second dwelling.You will be close to 105/110 freeways, blue line train station, and shopping at the newly built Freedom Plaza.

Listed by Geoffrey Frid | BRE #02089672 | Compass
Co-listed by Cassandra Petersen | BRE #01969956 | Compass
Last checked: 3 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
8,350
HOA Dues
$0/mo
Year built
1933
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
21690646
City
Los Angeles
County
Los Angeles
Time on Site
1306 days

Property Details for 8818 Bandera St

Interior Features
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile, Wood
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 5
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Uncovered, RV Gated, Concrete, Driveway
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 6044022026
  • Architectural Style: Bungalow
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Please use navigation. South of 88th Street, N of 92nd Street. Between Holmes Ave & Elm St.
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Sale History for 8818 Bandera St

Last sold for $550,000 on May 11th, 2021
  • June, 2021

  • Jun 24, 2021

    Date

    Expired

    CRMLS: 21696626

    $499,000

    Price

  • May 14, 2021

    Date

    Withdrawn

    CRMLS: 21696626

    $499,000

    Price

  • Mar 1, 2021

    Date

    Pending

    CRMLS: 21696626

    $499,000

    Price

  • Feb 24, 2021

    Date

    Active

    CRMLS: 21696626

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    AMAZING INVESTOR/END USER OPPORTUNITY! Over 8,300 sq. ft lot! Over 9% Potential cap rate. Main home boasts 3 bedrooms + 2 bathroom and nearly 1,400 square feet of living space. Currently, the main house is separated into a 2bd/1bathroom with a 1bd/1ba rental thats easily converted back into the original floorplan of 3bd/2ba. Property consists of 3 separate attached ADUs with renters who have been at the property for more than 15+ years, have paid rent throughout Covid-19, and rents are under market. The property also has a carport and a gated large driveway with room for more than 5 cars. Live in one unit and rent out the others and pay nothing for mortgage! Zoned LCR2 for potential construction of second dwelling. Close to 105 & 110 freeways, Blue Line train station, and shopping at the newly built Freedom Plaza.

  • May, 2021

  • May 14, 2021

    Date

    Sold

    CRMLS: 21690646

    $550,000

    Price

  • Mar 1, 2021

    Date

    Pending

    CRMLS: 21690646

    $499,000

    Price

  • Feb 24, 2021

    Date

    Active

    CRMLS: 21690646

    $499,000

    Price

  • June, 2019

  • Jun 26, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 8818 Bandera St

Assessed Value (2020): $210,252
Year Land Value Improved Value Assessed Value
2020 $118,584 $91,668 $210,252

Home Value Compared to the Market

This property vs the competition

8818 Bandera St sold on May 11, 2021 for 55.45% 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 $255.9 per/sqft which puts the price per square foot 64.66% lower than the current median sale per square foot for the city of Los Angeles.

About 8818 Bandera St

Detailed summary of property

8818 Bandera St is a single family home that recently sold in Los Angeles, CA 90002. This house offered 6 bedrooms, 5 bathrooms, roughly 1,950 living square feet, and sits on an approximately 8,350 square foot lot. 8818 Bandera St was first listed on ArdentRealEstateGroup.com on February 24, 2021. The homeowner sold the property for $550,000. 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 55.45% lower than the current median priced home. Local homes that are currently for sale include 10323 Kalmia St, 7923 Hooper Ave and 1716 E 107th St. While the average home in Los Angeles, CA is selling in 105 days, 8818 Bandera St has a days on market of 5 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. For more information on this home for sale at 8818 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 8818 Bandera St

Public county record property details
Beds
3
Baths
1
Year built
1933
Sq. Ft.
1,308
Lot Size
8,350
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
244,245
APN
6044-022-026

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
$580,000
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%)

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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.