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8874 Cadillac Ave, Los Angeles, CA 90034
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8874 Cadillac Ave Los Angeles, CA 90034

$1,130,000 Sold Price as of 01/18/2024
  • 3 Beds
  • 2 Baths
  • 2,454 Sq.Ft.
Sold
$1,130,000 Sold Price as of 01/18/2024 Refinance Your Mortgage
Map preview of 8874 Cadillac Ave, Los Angeles, CA 90034

Property Overview: 8874 Cadillac Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 2,454 living square feet and 5,411 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Opportunities knock at this remarkable property, offering immediate benefits and a promising future! Meticulously maintained, it combines commercial and residential spaces seamlessly, creating a true gem for investors. The RD2 zoning classification maximizes its potential for substantial returns, making it an ideal choice for lucrative investments. At the forefront stands a beloved family-owned store, while towards the rear of the property, a beautifully maintained two-bedroom house provides a comfortable living space. Adjacent to the house, a separate studio with a lush backyard creates a tranquil ambiance that enhances the property's overall appeal. Conveniently located near various educational institutions, this property is within walking distance of an elementary school and several preschools, ensuring convenience for families with young children. The quiet and safe neighborhood guarantees a secure environment suitable for residents of all ages. With easy access to public transportation right in front, commuting becomes effortless, adding to the property's appeal, its proximity to prominent establishments like Kaiser allows residents to enjoy convenient access to essential services and amenities. Don't miss out on the opportunity to witness the incredible potential of this property. Schedule your viewing today and embark on a journey of investment success in this vibrant and accessible neighborhood.

Listed by Tony Kim | BRE #01757649 | Compass
Last checked: 10 minutes ago | Last updated: January 18th, 2024 | Source CRMLS | DOM: 90

Home details

Lot Sq. Ft
5,411
HOA Dues
$0/mo
Year built
1930
Garage
2 Car
Property Type:
Mixed Use
Status
Sold
MLS#
SB23093709
City
Los Angeles
County
Los Angeles
Time on Site
336 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • 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
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,420
  • Total Rent: $1,420
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $32,640
  • Net Operating Income: $31,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $840
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $840

Property Details for 8874 Cadillac Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Back Yard, Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 4301019001
  • 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: Corner Unit, S Shenandoah St + Cadillac
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 8874 Cadillac Ave

Last sold for $1,130,000 on January 18th, 2024

  • January, 2024

  • Jan 18, 2024

    Date

    Canceled

    CRMLS: SB23094774

    $1,499,000

    Price

  • May 30, 2023

    Date

    Active

    CRMLS: SB23094774

    $1,499,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2024

  • Jan 18, 2024

    Date

    Sold

    CRMLS: SB23093709

    $1,130,000

    Price

  • May 30, 2023

    Date

    Active

    CRMLS: SB23093709

    $1,499,000

    Price

Show More

Tax History for 8874 Cadillac Ave

Assessed Value (2020): $265,189
Year Land Value Improved Value Assessed Value
2020 $189,433 $75,756 $265,189

Home Value Compared to the Market

This property vs the competition

8874 Cadillac Ave sold on January 18, 2024 for 25.97% 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 $610.84 per/sqft which puts the price per square foot 19.09% lower than the current median sale per square foot for the city of Los Angeles.

About 8874 Cadillac Ave

Detailed summary of property

8874 Cadillac Ave is a mixed use that recently sold in Los Angeles, CA 90034. This mixed use property offered 3 bedrooms, 2 bathrooms, roughly 2,454 living square feet, and sits on an approximately 5,411 square foot lot. 8874 Cadillac Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,130,000. 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 25.97% higher than the current median priced home. Local homes that are currently for sale include 331 S Avenue 20, 2120 Sheridan St and 657-655 N Mentor Ave. While the average home in Los Angeles, CA is selling in 94 days, 8874 Cadillac Ave has a days on market of 90 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 8874 Cadillac Ave Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8874 Cadillac Ave

Public county record property details
Beds
--
Baths
--
Year built
1930
Sq. Ft.
2,454
Lot Size
5,410
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
4301-019-001

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,995,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
44
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

Thinking of Selling?

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

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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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