2786 W 8th St Los Angeles, CA 90005

$1,190,000

2786 West 8th Street, Los Angeles CA
2786 W 8th St
$1,190,000
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2786 W 8th St
Los Angeles,CA90005(Mid City)

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Home Details for 2786 W 8th St


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Apartment Building - Los Angeles (City), CA
2786 W 8th St This seven-unit apartment building, plus two non-conforming apartment / office units, which sit on a 6,529 sqft LAC2 lot. The property consists of six 1 bedroom units and one 3 bedroom 1.5 bath unit as well as 2 non-conforming office / apartment units. The non-conforming units are listed on title as 2 units, so title shows a total of 9, but are listed on the certificate of occupancy as an office space. The buildings have new roofs and have also just recently undergone an aggravated demo plan.Not only does a buyer have the opportunity for major upside in the front 7 units, but the potent...ial for at least another $20,000 a year of income from the rear 2 once renovated. The property sits in prime Korea Town between Hoover St and Vermont Ave, just two blocks south of Wilshire Blvd and one block north of Olympic Blvd. The building is located in an up and coming pocket that's in close proximity to many new developments, easy access to ample public transportation.
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Schools
Hoover Street Elementary School
Meets Standard

Berendo Middle School
Approaches Standard

High School
Approaches Standard
High
Crime
Features for 2786 W 8th St

Information last updated on 08/30/2014 12:00 AM:
    • Price: $1,190,000
    • 8 Bedrooms
    • 8 full Bathrooms
    • Apartment
    • Refrigerator
    • Status: For Sale
    • Parking: Garage
    • Parking Spaces: 6
    • Range: other
    • Lot Size: 6,259 sqft
    • Built in 1954
    • Units in Building: 9
    • Neighborhood: Mid City
    • MLS/Source ID: 14788039
    • Zip: 90005
    • 5,628 sqft

Public Records for 2786 W 8th St


Official property, sales, and tax information from county (public) records as of 07/2013:
    • Apartment house (5+ units)
    • 5,628 sqft
    • 9 Units
    • County: Los Angeles
    • 8 Bedrooms
    • Lot Size: 6,259 sqft
    • 1 Building
    • Tax Rate Code Area: 0-067
    • 8 Bathrooms
    • Built In 1954
    • Subdivision: BONITA VISTA TRACT 1

Neighborhood Info


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    Good
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            Total ratings: 3,354 | View all ratings
            Last updated 1 day ago

            Affordability


            Monthly mortgage for 2786 W 8th St

            Property Taxes and Assessment for 2786 W 8th St


            Land
            Improvement
            Total
            $294,034
            +
            $363,426
            =
            $657,460
            Year Tax Assessment Market
            2013 $9,012 $657,460  N/A
            Source: Public Records

            Price History & Trends


            Price History for 2786 W 8th St


            Date Event Price Source Agents
            01/17/2003 Sold view detail $559,000 Public records Public records  
            • Recording Date
              01/17/2003
            • Contract Date
              01/14/2003
            • Sale Price
              $559,000
            • Price Type
              Full amount computed from Transfer Tax or Excise Tax.
            • County Transfer Tax
              $615
            • Transaction Type
              Purchase/Resale Arm's Length Residential Transaction
            • Document Type
              Individual Deed
            07/29/1994 Sold view detail $225,000 Public records Public records  
            • Recording Date
              07/29/1994
            • Contract Date
              07/27/1994
            • Sale Price
              $225,000
            • Price Type
              Full amount computed from Transfer Tax or Excise Tax.
            • County Transfer Tax
              $248
            • Transaction Type
              Purchase/Resale Arm's Length Residential Transaction
            • Document Type
              REO Resale

            Compare homes in the area to 2786 W 8th St

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            $1,190,000
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            Real Estate Trends in Mid City


            Listing price for 2786 W 8th St $1,190,000  
            Average listing price for similar homes $1,583,768 33% above listing price
            Average sale price for similar homes $1,023,801 14% below listing price
            Average listing price for all homes in Mid City $916,920 30% below listing price
            Median sale price for all homes in Mid City $500,000 58% below listing price

            Comparables and Estimates around 2786 W 8th St


            $1,099,500
            4 br / 2 ba
            Single-Family Home
            OPEN HOUSE Sun Oct 16, 2pm to 4pm

            Contact Info

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