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8850 S Western Ave, Los Angeles, CA 90047
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8850 S Western Ave Los Angeles, CA 90047

$749,000
  • -- Beds
  • -- Baths
  • 2,132 Sq.Ft.
For Sale
$749,000 Get Pre-Qualified
Map preview of 8850 S Western Ave, Los Angeles, CA 90047

Property Overview: 8850 S Western Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 2,132 living square feet and 6,002 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: THIS BUILDING MUST BE PURCHASED CONCURRENTLY WITH THE BUILDING NEXT DOOR 8852 S WESTERN-THE ADJACENT 8856 S WESTEN BUILDING ARE ALSO FOR SALE - THIS COMMERICAL (ZONED C2) BUILDING CONSISTS OF ABOUT 2132 OF COMMERICAL/OFFICE SPACE WHICH ALLOWS FOR NUMEROUS RETAIL AND/ OR OFFICE USES PLUS A SECOND FLOOR APARTMENT OF APPROXIMATELY 750 SQFT THE ADJACANT TO PARCELLS ARE ALSO AVAILABLE - THE PROPERTY IS NOW RENTED ON A MONTH-TO-MONTH BASIS AND AND COULD BE DELIVERED VACANT AT THE CLOSE OF ESCROW- THE PROPERTY IS LOCATED IN FRONT OF BANK OF AMERICA AND SUPERIOR MARKET AND ISLESS THAN ONE MILE AWAY FROM THE NEW SOFI STADIUM AND HOLLYWOOD PARK - THE BUILDING HAS 2 DOORS ONE ON WESTERN AVENUE AND THE OTHER ON THE PARKING AREA IN BACK OF THE BUILDING WHICH CAN ACCOMADATE UP TO 8 CARS PLUS A FRONT AREA FOR 4 CARS THAT IS 12 PARKING SPACES - THE PROPERTY HAS A NEW ROOF PLACED 2 YEARS AGO AND IS IN VERY GOOD CONDITION

Listed by KENNETH KELLEY | BRE #00367310 | COAST AND COUNTRY REAL ESTATE
Last checked: 3 minutes ago | Last updated: February 14th, 2024 | Source CRMLS | DOM: 657
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Home details

Lot Sq. Ft
6,002
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Retail
Status
Active
MLS#
IV22142264
City
Los Angeles
County
Los Angeles
Time on Site
673 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 8850 S Western Ave

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Property Details for 8850 S Western Ave

Interior Features
Laundry Information
  • None
Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street, Rectangular Lot, Level, Paved, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 6037024032
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: TAKE 110 SOUTH - TAKE THE MANCHESTER OFF RAMP AND TURN RIGHT THEN TURN LEFT ON WESTERN
View more facts & features

Local Los Angeles Agent

Sale History for 8850 S Western Ave

Last sold for $922,000 on February 26th, 2019

  • June, 2022

  • Jun 29, 2022

    Date

    Active

    CRMLS: IV22142264

    $749,000

    Price

  • February, 2019

  • Feb 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $922,000

    Price

  • December, 2018

  • Dec 11, 2018

    Date

    Sold

    CRMLS: SB18083654

    $380,000

    Price

  • Apr 16, 2018

    Date

    Active Under Contract

    CRMLS: SB18083654

    $380,000

    Price

  • Apr 12, 2018

    Date

    Active

    CRMLS: SB18083654

    $380,000

    Price

  • Listing provided courtesy of CRMLS

    Subject to cancellation of escrow. Partition sale, must be sold. Also see big brother next door. 2132 sq.ft. retail/warehouse space on 6002 sq.ft. street to alley lot with 4+ car parking in front and 4+ parking in rear. C2 zoning allows myriad uses – see list in supp’s. Gentrifying Hyde Park area on Inglewood border just off upcoming Crenshaw/LAX Metro Rail, 1 mile to Rams/Chargers stadium complex, 238 acre Hollywood Park Tomorrow and The Forum. Hollywood Park Tomorrow will be a $3 billion city within a city, with curving streets, parks, upscale restaurants & shopping. L.A. Times quote: “Hyde Park is being connected with downtown, LAX and the new NFL stadium via the under-construction Metro Crenshaw Line, providing access to jobs for area residents. And the dream of finding affordable homes in the city is drawing new home buyers to invest in the neighborhood.” See link in Private remarks.

  • December, 2018

  • Dec 10, 2018

    Date

    Sold (Public Records)

    Public Records

    $175,000

    Price

  • April, 2018

  • Apr 12, 2018

    Date

    Canceled

    CRMLS: SB18028412

    $380,000

    Price

  • Feb 7, 2018

    Date

    Active

    CRMLS: SB18028412

    $380,000

    Price

  • Listing provided courtesy of CRMLS

    Partition sale, may be subject to court approval. Also see big brother property next door. 2132 sq.ft. retail/warehouse space on 6002 sq.ft. street to alley lot with 4+ car parking in front and 4+ parking in rear. C2 zoning allows myriad uses – see list in supp’s. Gentrifying Hyde Park area on Inglewood border just off upcoming Crenshaw/LAX Metro Rail, 1 mile to Rams/Chargers stadium complex, 238 acre Hollywood Park Tomorrow and The Forum. Hollywood Park Tomorrow will be a $3 billion city within a city, with curving streets, parks, upscale restaurants & shopping. L.A. Times quote: “Hyde Park is being connected with downtown, LAX and the new NFL stadium via the under-construction Metro Crenshaw Line, providing access to jobs for area residents. And the dream of finding affordable homes in the city is drawing new home buyers to invest in the neighborhood.” See link in Private remarks.

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Tax History for 8850 S Western Ave

Assessed Value (2020): $612,000
Year Land Value Improved Value Assessed Value
2020 $459,000 $153,000 $612,000

Home Value Compared to the Market

This property vs the competition

8850 S Western Ave is listed 38.86% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $351.31 per/sqft which puts the price per square foot 54.61% lower than the median price per square foot for the city of Los Angeles.

About 8850 S Western Ave

Detailed summary of property

8850 S Western Ave is a retail located in Los Angeles, CA 90047 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 2,132 living square feet, and sits on an approximately 6,002 square foot lot. 8850 S Western Ave was first listed on ArdentRealEstateGroup.com on June 29, 2022. The homeowner is currently asking $749,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 38.86% lower than the median priced home. Local competing homes currently for sale include 1941 Atlantic Ave, 11964 Sycamore St and 2401 E Washington Blvd. While the average home in Los Angeles, CA is selling in 96 days, 8850 S Western Ave has a days on market of 657 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 8850 S Western Ave Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8850 S Western Ave

Public county record property details
Beds
--
Baths
--
Year built
1947
Sq. Ft.
2,132
Lot Size
6,001
Stories
1
Type
Service Shop (Tv, Radio, Electric, Plumbing)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
6037-024-032

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$760,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
85
Median Sale to List Price %
94.29%
Avg Days on Market
35
Loan Type
Conventional (26.32%), FHA (10.53%), VA (5.26%), Cash (26.32%), 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.

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