8015 South Western Avenue

Los Angeles, CA 90047

$1,392,000
Last Sold Price
8
Beds
8
Baths
5,434 Sq. Ft.
$256 / Sq. Ft.
5,434
Sq. Ft.
$256
per Sq. Ft.

Description

Value Add Investment Opportunity. This property has not been on the market in over 60 years. This is a probate sale. Not subject to court confirmation. The property features 8 units. There is rear access via an alley. There are two 2-car garages in the rear of the property. Three units will be delivered vacant at close of escrow. Property is being sold AS-IS. Estate will not complete any repairs. Property is centrally located, with easy commute to SoFi Stadium, LAX, Downtown Los Angeles, and LA Live....Value Add Investment Opportunity. This property has not been on the market in over 60 years. This is a probate sale. Not subject to court confirmation. The property features 8 units. There is rear access via an alley. There are two 2-car garages in the rear of the property. Three units will be delivered vacant at close of escrow. Property is being sold AS-IS. Estate will not complete any repairs. Property is centrally located, with easy commute to SoFi Stadium, LAX, Downtown Los Angeles, and LA Live. Buyers to conduct their own due diligence regarding square footage and any potential improvements to the property. Property is being sold along with 8011 S. Western Ave. APN 6035-008-003. Please review the attached OM for the rent roll.

Listing Agent

  1. Erica Carter Walden

    Erica Carter Walden

    Listing Agent

    Compass

    DRE #02045143

Property Details for 8015 South Western Avenue

Zoning
LAC2
Parcel Number
6035008004
Total Units
8.0
Living Area
5434
Source Living Area
Vendor Enhanced
Area
Metropolitan Southwest (C36)
Vacancy Rate
3
Lot Size Area
6009

Location

Listing Courtesy of Compass, Erica Carter Walden, DRE #02045143

Sold By Compass, Erica Carter Walden, DRE #02045143

Add your commute
LISTING UPDATED: 06/30/2023 05:14 PM

Property Details for 8015 South Western Avenue

StatusSold
MLS #22-228041
Days on Market127
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.14 AC / 6,009 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Erica Carter Walden, DRE #02045143

Sold By Compass, Erica Carter Walden, DRE #02045143

Add your commute

Building Information for 8015 South Western Avenue

Stories-Residences-Year Built1955Building Size-Lot Size0.14 AC / 6,009 SF

Payment Calculator

$8,026 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,597

Property Taxes

$429

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8015 South Western Avenue

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 8
Contract Info
Contract Info
  • Probate: Yes
  • Disclosures: Probate
  • Listing Type: Probate
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1379
  • Lot Size Square Feet: 6009
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 0
  • Parking Features: Garage
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Refrigerator, Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-30-2022
  • Listing Terms: Probate
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $700.00
  • Unit Actual Rent: $700.00
  • Unit Projected Rent: $700.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,000.00
  • Unit Actual Rent: $1,000.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 4
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,000.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $258,478.00
  • Assessed Improvement Percent: 79.25
  • Assessed Land Value: $67,672.00
  • Assessed Land Percent: 20.75
  • Assessed Total Value: $326,150.00

Property History for 8015 South Western Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8015 South Western Avenue

Taxable ValueLand$69,025Additions$263,647Total$332,672
Tax Record2023$5,142 ($429 / month)
Home Facts
Total Finished SqFt5,434 SqFtAbove Grade Finished SqFt5,434 SqFtLot Size6,009 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningLAC2CountyLOS ANGELESAPN6035-008-004

Schools near 8015 South Western Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Seventy-Fourth Street Elementary School
PublicK to 5

Vox Collegiate of Los Angeles
Charter6 to 8

George Washington Preparatory High School
Public9 to 12

Learning by Design Charter
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Erica Carter Walden, DRE #02045143

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.