Property · 2 recorded sales since 2016
Listing Agent: David Messiah (DRE #02117893) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Michael Hillman · NextHome Luxe Group · MLS #26829823 · Source: CRMLS
8430 Wiley Post Avenue sold for $1,400,000 in August 2026, 6.4% under its $1,495,000 list price, after 81 days on the market. That works out to $573 per square foot on 2,444 square feet. Across 165 closed sales in 90045 over the last 12 months, the median sold price is $1,658,000 and the median is $897 per square foot, 57% above this sale's $573. 4-bedroom rentals in 90045 currently list at a median of $10,500 a month (11 listings).
| Quarter | Closed sales in 90045 | Median sold price |
|---|---|---|
| Q1 2026 | 10 | $1,920,000 |
| Q2 2026 | 86 | $1,654,000 |
| Q3 2026 | 62 | $1,693,200 |
| Q4 2026 | 7 | $1,400,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90045
8430 Wiley Post Ave is a well-positioned 4-unit property offering a blend of new construction, mid-term rental income, and strong appeal for both investors and owner-users. The property generates $123,000 in current annual income, with one-bedroom units achieving approximately $3,500/month on mid-term rentals. Offered at $1,495,000, the asset provides a current cap rate of 5.84% with upside to 7.24%.The property features a great unit mix of four 1-bedroom/1-bath units, including two newly constructed units completed in 2024. These rear units offer vaulted ceilings, in-unit washer and dryer, all new appliances, and private outdoor spaces, making them highly attractive to both tenants and short- or mid-term rental users. The property features a large front yard, a rare amenity that enhances the overall livability and appeal of the property. Currently, the back and middle units are operated as Airbnb rentals, generating strong income; however, both units can be delivered VACANT at close of escrow, creating an attractive opportunity for an owner-user or investor seeking great returns. A buyer can implement their preferred strategy from day one whether maximizing returns through mid-term rentals or occupying a unit while offsetting expenses with rental income. Located north of Manchester, the property sits in a quiet residential neighborhood in Westchester, further enhancing its appeal to both tenants and owner-occupants.
Listing description from the August 2026 sale, as reported to CRMLS.
Closed sales reported in 90045, nearest first, last 12 months. All recent sales in Los Angeles →