2915 8TH Avenue, Los Angeles, CA 90018
Property · 2 recorded sales since 2014
Sold January 2016
Listing Agent: Andrew Watkins (DRE #01478668) · Listing Office: Keller Williams Realty Pacific · Contact: 310-256-3038 · Bought with: Jacob Raabe · RE/MAX TerraSol · MLS #15959703 · Source: CRMLS
About this property
Prime location near Jefferson Park HPOZ! Sale Price $699,000, GSI = $54,000, GRM = 12.94, Cap Rate = 6.58%. Unit #1: Completely remodeled 3BD+3BA. Over 1260 sq.ft. Open floor plan. Spacious family great room. Newly designed kitchen. Granite countertops and center island. Hardwood flooring. Recessed lights. New laundry room. 3 new bathrooms. Garage updated and ready for use. Fair market rent at $2350+/month. Unit #2: Updated 3BD+1BA. Newly designed kitchen. Granite countertops. Hardwood flooring. Over 1210 sq.ft. Private patio area. Extra storage in garage area. Washer/dryer hookups. Fair market rent at $2150+/month. Close to historic West Adams. Adjacent to Jefferson Park HPOZ. Easy commute to Hollywood, downtown LA, or Santa Monica. Sale Price $699,000! 6 Beds, 4 Baths. 2476 sq. ft. and 7499 sq. ft. lot. APN: 5051-021-022. Sale Price = $699,000. Gross Scheduled Income = $54,000. Total Expense = $8,020. Gross Rent Multiplier = 12.94. Annual Net Income = $45,980. Cap Rate = 6.58%.
Listing description from the January 2016 sale, as reported to CRMLS.
Sale history
