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9228 Bandera St, Los Angeles, CA 90002
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9228 Bandera St Los Angeles, CA 90002

$1,135,000 Sold Price as of 09/09/2023
  • 15 Beds
  • 7 Baths
  • 4,343 Sq.Ft.
Sold
$1,135,000 Sold Price as of 09/09/2023 Refinance Your Mortgage
Map preview of 9228 Bandera St, Los Angeles, CA 90002

Property Overview: 9228 Bandera St Los Angeles, CA has 15 bedrooms, 7 bathrooms, 4,343 living square feet and 8,926 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present an opportunity to acquire a 4,343 4 Sq Ft 7-unit building situated on a 8,926 Sq Ft lot located in the city of Los Angeles, CA. The subject property is located at 9228 Bandera St, Los Angeles, 90002. The property is composed of (6) 2 Bedroom / 1 Bath units & (1) 3 Bedroom / 1 Bath units built in 1961. This property has 2 buildings. The front building is 1 story and contains 3+1 house, and the back building is 2 stories containing (6) 2+1 units. The property is separately metered for gas and electricity. There are 10 parking spots available in the driveway, alongside 2 parking spaces in between the two buildings. The property has a total of 66% of rental upside. The offering is conveniently located less than 2 miles from the 110 freeway and approx. 1.5 miles from the 105 freeway.

Listed by Evelyn Baez Gonzalez | BRE #02103055 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 1 minute ago | Last updated: September 11th, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,926
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
SB23169540
City
Los Angeles
County
Los Angeles
Time on Site
250 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
  • # of Leased Units: 7
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $939
  • Total Rent: $939
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $909
  • Total Rent: $909
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.94%
  • Gross Rent Multiplier: 15.22
  • Gross Scheduled Income: $78,516
  • Net Operating Income: $47,103
  • Gross Operating Income: $76,946
  • Other Income Description: 0
Annual Expense Breakdown
  • Total Operating Expense: $3,200
  • Trash: $0
  • Insurance: $2,700
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 9228 Bandera St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 7
  • Parcel Number: 6048040036
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: None
Location / Neighborhood
Location Information
  • Directions: SOUTH OF E 92ND ST AND EAST OF COMPTON AVE
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 9228 Bandera St

Last sold for $1,135,000 on September 9th, 2023

  • September, 2023

  • Sep 10, 2023

    Date

    Active

    CRMLS: SB23169540

    $1,135,000

    Price

  • Sep 9, 2023

    Date

    Sold

    CRMLS: SB23169540

    $1,135,000

    Price

  • August, 2023

  • Aug 19, 2023

    Date

    Expired

    CRMLS: SB23108468

    $1,155,000

    Price

  • Jun 19, 2023

    Date

    Active

    CRMLS: SB23108468

    $1,195,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2023

  • Apr 14, 2023

    Date

    Sold

    CRMLS: SB23024544

    $1,000,000

    Price

  • Feb 13, 2023

    Date

    Active

    CRMLS: SB23024544

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Lyon Stahl is pleased to present an opportunity to acquire a 4,343 4 Sq Ft 7-unit building situated on a 8,926 Sq Ft lot located in the city of Los Angeles, CA. The subject property is located at 9228 Bandera St, Los Angeles, 90002. The property is composed of (6) 2 Bedroom / 1 Bath units & (1) 3 Bedroom / 1 Bath units built in 1961. This property has 2 buildings. The front building is 1 story and contains 3+1 house, and the back building is 2 stories containing (6) 2+1 units. The property is separately metered for gas and electricity. There are 10 parking spots available in the driveway, alongside 2 parking spaces in between the two buildings. The subject property is located on the east side of Compton Ave. The offering is conveniently located less than 2 miles from the 110 freeway and approx. 1.5 miles from the 105 freeway.

  • October, 1998

  • Oct 26, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 1998

  • Oct 26, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 9228 Bandera St

Assessed Value (2020): $286,985
Year Land Value Improved Value Assessed Value
2020 $81,990 $204,995 $286,985

Home Value Compared to the Market

This property vs the competition

9228 Bandera St sold on September 9, 2023 for 4.62% 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 $261.34 per/sqft which puts the price per square foot 65.39% lower than the current median sale per square foot for the city of Los Angeles.

About 9228 Bandera St

Detailed summary of property

9228 Bandera St is a apartment that recently sold in Los Angeles, CA 90002. This apartment offered 15 bedrooms, 7 bathrooms, roughly 4,343 living square feet, and sits on an approximately 8,926 square foot lot. 9228 Bandera St was first listed on ArdentRealEstateGroup.com on September 11, 2023. The homeowner sold the property for $1,135,000. 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 4.62% lower than the current median priced home. Local homes that are currently for sale include 1327 E 75th St, 906 E 109th St and 1115 E 75th St. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 9228 Bandera St Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 9228 Bandera St

Public county record property details
Beds
15
Baths
7
Year built
1961
Sq. Ft.
4,343
Lot Size
8,925
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
139
APN
6048-040-036

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$587,000
Median List Price/Sq.Ft.
$485
Median Sold Price
$595,000
Median Sold Price/Sq.Ft.
$497
Total Inventory
38
Median Sale to List Price %
101.02%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (25%), VA (0%), Cash (16.67%), Other (8.33%)

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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