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8927 S Western Ave, Los Angeles, CA 90047
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8927 S Western Ave Los Angeles, CA 90047

$559,250 Sold Price as of 08/31/2021
  • 2 Beds
  • 3 Baths
  • 3,195 Sq.Ft.
Sold
$559,250 Sold Price as of 08/31/2021 Refinance Your Mortgage
Map preview of 8927 S Western Ave, Los Angeles, CA 90047

Property Overview: 8927 S Western Ave Los Angeles, CA has 2 bedrooms, 3 bathrooms, 3,195 living square feet and 2,813 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: MIX USE 4PLEX - 2 COMMERCIAL UNITS DOWNSTAIRS AND 2 ONE BEDROOM APARTMENTS UPSTAIRS WITH COMMUNITY LAUNDRY ROOM FOR EXTRA INCOME. CURRENTLY THE DOWNSTAIRS IS LEASED TO A DISPENSARY. REAR ALLEY ACCESS FOR PARKING.

Listed by Dene Molina | BRE #01067683 | Empiric Brokers Realty
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
2,813
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
RS21127800
City
Los Angeles
County
Los Angeles
Time on Site
1065 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $7,500
  • Total Rent: $900
  • Pro Forma/Market Rent: $900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $925
  • Pro Forma/Market Rent: $925
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $925
  • Pro Forma/Market Rent: $925
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0.16%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $116,400
  • Net Operating Income: $105,712
  • Gross Operating Income: --
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $10,688
  • Trash: $500
  • Insurance: $2,500
  • Water/Sewer: $1,500

Property Details for 8927 S Western Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Community, Individual Room
Exterior Features
Exterior Information
  • Roof: Rolled/Hot Mop
  • Has Fence
  • Wrought Iron
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Near Public Transit, No Landscaping
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 6036017008
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Sewer Available
Location / Neighborhood
Location Information
  • Directions: West of the 110 FWy & North of the 105 FWY Cross Streets: Between Manchester & Century
View more facts & features

Local Los Angeles Agent

Sale History for 8927 S Western Ave

Last sold for $559,250 on August 31st, 2021

  • August, 2021

  • Aug 31, 2021

    Date

    Sold

    CRMLS: RS21127800

    $559,250

    Price

  • Aug 10, 2021

    Date

    Pending

    CRMLS: RS21127800

    $665,000

    Price

  • Jun 13, 2021

    Date

    Active

    CRMLS: RS21127800

    $665,000

    Price

  • March, 2019

  • Mar 1, 2019

    Date

    Expired

    CRMLS: RS17266416

    $525,000

    Price

  • Oct 11, 2018

    Date

    Withdrawn

    CRMLS: RS17266416

    $525,000

    Price

  • Sep 18, 2018

    Date

    Hold

    CRMLS: RS17266416

    $525,000

    Price

  • Dec 1, 2017

    Date

    Active

    CRMLS: RS17266416

    $525,000

    Price

  • Listing provided courtesy of CRMLS

    MIX USE 4PLEX - 2 COMMERCIAL UNITS DOWNSTAIRS AND 2 ONE BEDROOM APARTMENTS UPSTAIRS WITH COMMUNITY LAUNDRY ROOM FOR EXTRA INCOME. CURRENTLY THE OWNER IS USING THE DOWNSTAIRS RETAIL SPACES FOR HIS BUSINESS.

  • August, 2016

  • Aug 10, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2015

  • Jul 31, 2015

    Date

    Sold (Public Records)

    Public Records

    $412,000

    Price

Show More

Tax History for 8927 S Western Ave

Assessed Value (2020): $481,787
Year Land Value Improved Value Assessed Value
2020 $318,362 $163,425 $481,787

Home Value Compared to the Market

This property vs the competition

8927 S Western Ave sold on August 31, 2021 for 44.12% lower 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 $208.14 per/sqft which puts the price per square foot 72.43% lower than the current median sale per square foot for the city of Los Angeles.

About 8927 S Western Ave

Detailed summary of property

8927 S Western Ave is a mixed use that recently sold in Los Angeles, CA 90047. This mixed use property offered 2 bedrooms, 3 bathrooms, roughly 3,195 living square feet, and sits on an approximately 2,813 square foot lot. 8927 S Western Ave was first listed on ArdentRealEstateGroup.com on June 13, 2021. The homeowner sold the property for $559,250. 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 44.12% lower than the current median priced home. Local homes that are currently for sale include 10232 Oleander Ave, 4251 Mccray St and 18355 Cajon Court. While the average home in Los Angeles, CA is selling in 93 days, 8927 S Western Ave has a days on market of 58 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 8927 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 8927 S Western Ave

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
3,195
Lot Size
2,813
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
6036-017-008

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
$769,000
Median List Price/Sq.Ft.
$553
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%)

Thinking of Selling?

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Thinking of Selling?
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(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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