8860 S Vermont Ave, Los Angeles, CA 90044
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8860 S Vermont Ave Los Angeles, CA 90044

$2,000,000 Sold Price as of 09/14/2023
  • -- Beds
  • 8 Baths
  • 8,720 Sq.Ft.
Sold
$2,000,000 Sold Price as of 09/14/2023 Refinance Your Mortgage

Map preview of 8860 S Vermont Ave, Los Angeles, CA 90044

Property Overview: 8860 S Vermont Ave Los Angeles, CA has -- bedrooms, 8 bathrooms, 8,720 living square feet and 15,697 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3 contiguous parcels located in the City of Los Angeles just north of the 105 Freeway. This property offers a fantastic opportunity for new or growing church looking to establish and expand their Parrish. The properties included are 8860, 8872, and 8876 S Vermont Ave, LA. This property has an extensive list of features, including a large sanctuary with stage, lobby, a main dining hall and full kitchen, a total of 8 bathrooms, 6 offices and a large open secured parking lot. This property presents an incredible opportunity for a new owner seeking a versatile and accommodating space. The three buildings that comprise this property have undergone a recent roof update. Building 8876 S Vermont is currently leased to another church on a month-to-month agreement providing an added source of income for the owner. Whether you are hosting events, conducting business meetings, worship service or need to accommodate a large number of guests, the parking offers a valuable asset to the property.

Listed by J.R. Harrison | BRE #02043402 | Onyx Realty & Finc. Serv., Inc
Co-listed by Carlos Skubacz | BRE #01474295 | RE/MAX 2000
Last checked: 15 minutes ago | Last updated: September 15th, 2023 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
15,697
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Specialty
Status
Sold
MLS#
PW23114980
City
Los Angeles
County
Los Angeles
Time on Site
308 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: 2
  • Actual Rent: $1,600
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: --
  • # of Baths: 5
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: --
  • # of Baths: 1
  • Total Rent: --
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: --

Property Details for 8860 S Vermont Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Inside
Exterior Features
Exterior Information
  • Roof: Flat
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 10000-19999 Sqft, Near Public Transit, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 6038012014
  • Year Built Source: Assessor
  • Entry Level: 1
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North on Vermont from 105 Fwy
View more facts & features

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Sale History for 8860 S Vermont Ave

Last sold for $2,000,000 on September 14th, 2023
  • September, 2023

  • Sep 14, 2023

    Date

    Sold

    CRMLS: PW23114980

    $2,000,000

    Price

  • Jul 8, 2023

    Date

    Active

    CRMLS: PW23114980

    $1,899,900

    Price

Tax History for 8860 S Vermont Ave

Assessed Value (2020): $347,617
Year Land Value Improved Value Assessed Value
2020 $163,299 $184,318 $347,617

Home Value Compared to the Market

This property vs the competition

8860 S Vermont Ave sold on September 14, 2023 for 59.66% 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 $217.88 per/sqft which puts the price per square foot 71.14% lower than the current median sale per square foot for the city of Los Angeles.

About 8860 S Vermont Ave

Detailed summary of property

8860 S Vermont Ave is a specialty that recently sold in Los Angeles, CA 90044. This specialty property offered -- bedrooms, 8 bathrooms, roughly 8,720 living square feet, and sits on an approximately 15,697 square foot lot. 8860 S Vermont Ave was first listed on ArdentRealEstateGroup.com on July 8, 2023. The homeowner sold the property for $2,000,000. 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 59.66% higher than the current median priced home. Local homes that are currently for sale include 1726 Crenshaw Blvd, 1722 Crenshaw Blvd and 2603 Hauser Blvd. While the average home in Los Angeles, CA is selling in 93 days, 8860 S Vermont Ave has a days on market of 18 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 8860 S Vermont 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 8860 S Vermont Ave

Public county record property details
Beds
--
Baths
--
Year built
1948
Sq. Ft.
6,000
Lot Size
9,412
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
44-46
APN
6038-012-014

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
$660,000
Median List Price/Sq.Ft.
$515
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
80
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), 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.