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8938 W Pico Blvd, Los Angeles, CA 90035
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8938 W Pico Blvd Los Angeles, CA 90035

$2,225,000 Sold Price as of 01/03/2024
  • -- Beds
  • -- Baths
  • 1,920 Sq.Ft.
Sold
$2,225,000 Sold Price as of 01/03/2024 Refinance Your Mortgage
Map preview of 8938 W Pico Blvd, Los Angeles, CA 90035

Property Overview: 8938 W Pico Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 1,920 living square feet and 3,840 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present 8938 W Pico Blvd.! Discover a golden opportunity in the vibrant Pico-Robertson area, where business thrives and possibilities abound. Nestled in the heart of Los Angeles, this sought-after commercial district offers an exceptional location for entrepreneurs, retailers, and investors alike. Positioned strategically between Beverly Hills and West Hollywood, Pico-Robertson boasts an enviable address that attracts a diverse range of clientele. With easy access to major thoroughfares and close proximity to popular neighborhoods, this area enjoys a constant flow of foot and vehicular traffic, ensuring visibility and convenience for your property. The +/- 1,920 SF building built in 1948 sits on a +/- 3,840 SF lot zoned LAC4. The property is currently leased out to a retail shop on a month-to-month lease. There are four parking spaces with rear alley access. The large rear lot being used for parking and storage, can potentially be built out for a larger building. DO NOT DISTURB THE TENANT! DRIVE BY ONLY!

Listed by Michael R. Fukushima | BRE #01380445 | Keller Williams Downtown LA
Co-listed by Stephen F. Watson | BRE #01187813 | Keller Williams Downtown LA
Last checked: 16 minutes ago | Last updated: January 4th, 2024 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
3,840
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Other
Status
Sold
MLS#
23307991
City
Los Angeles
County
Los Angeles
Time on Site
247 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 1.2%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $32,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8938 W Pico Blvd

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Property Information
  • Parcel Number: 4305013022
Location / Neighborhood
Location Information
  • Directions: Please use Google Maps. Property is on the South side of Pico Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 8938 W Pico Blvd

Last sold for $2,225,000 on January 3rd, 2024

  • January, 2024

  • Jan 3, 2024

    Date

    Sold

    CRMLS: 23307991

    $2,225,000

    Price

  • Sep 5, 2023

    Date

    Active

    CRMLS: 23307991

    $2,700,000

    Price

  • September, 2005

  • Sep 12, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 8938 W Pico Blvd

Assessed Value (2020): $656,310
Year Land Value Improved Value Assessed Value
2020 $525,061 $131,249 $656,310

Home Value Compared to the Market

This property vs the competition

8938 W Pico Blvd sold on January 3, 2024 for 126.89% 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 $1406.25 per/sqft which puts the price per square foot 86.26% higher than the current median sale per square foot for the city of Los Angeles.

About 8938 W Pico Blvd

Detailed summary of property

8938 W Pico Blvd is a other that recently sold in Los Angeles, CA 90035. This property offered -- bedrooms, -- bathrooms, roughly 1,920 living square feet, and sits on an approximately 3,840 square foot lot. 8938 W Pico Blvd was first listed on ArdentRealEstateGroup.com on September 6, 2023. The homeowner sold the property for $2,225,000. 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 126.89% higher than the current median priced home. Local homes that are currently for sale include 1442 W Slauson Ave, 2502 W 3rd St #101 and 3408 Trinity St. While the average home in Los Angeles, CA is selling in 94 days, 8938 W Pico Blvd has a days on market of 69 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 8938 W Pico Blvd Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8938 W Pico Blvd

Public county record property details
Beds
--
Baths
--
Year built
1948
Sq. Ft.
1,920
Lot Size
3,840
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
73
APN
4305-013-022

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,465,000
Median Sold Price/Sq.Ft.
$843
Total Inventory
55
Median Sale to List Price %
104.64%
Avg Days on Market
35
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (23.08%), Other (7.69%)

Thinking of Selling?

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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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