8874 Cadillac Avenue

Los Angeles, CA 90034

$1,130,000
Last Sold Price
3
Beds
2
Baths
2,454 Sq. Ft.
$460 / Sq. Ft.
2,454
Sq. Ft.
$460
per Sq. Ft.

Description

Opportunities knock at this remarkable property, offering immediate benefits and a promising future! Meticulously maintained, it combines commercial and residential spaces seamlessly, creating a true gem for investors. The RD2 zoning classification maximizes its potential for substantial returns, making it an ideal choice for lucrative investments.
At the forefront stands a beloved family-owned store, while towards the rear of the property, a beautifully maintained two-bedroom house provides a comfortable
...Opportunities knock at this remarkable property, offering immediate benefits and a promising future! Meticulously maintained, it combines commercial and residential spaces seamlessly, creating a true gem for investors. The RD2 zoning classification maximizes its potential for substantial returns, making it an ideal choice for lucrative investments.
At the forefront stands a beloved family-owned store, while towards the rear of the property, a beautifully maintained two-bedroom house provides a comfortable living space. Adjacent to the house, a separate studio with a lush backyard creates a tranquil ambiance that enhances the property's overall appeal.
Conveniently located near various educational institutions, this property is within walking distance of an elementary school and several preschools, ensuring convenience for families with young children. The quiet and safe neighborhood guarantees a secure environment suitable for residents of all ages.
With easy access to public transportation right in front, commuting becomes effortless, adding to the property's appeal, its proximity to prominent establishments like Kaiser allows residents to enjoy convenient access to essential services and amenities.
Don't miss out on the opportunity to witness the incredible potential of this property. Schedule your viewing today and embark on a journey of investment success in this vibrant and accessible neighborhood.

Listing Agents

  1. Tony Kim

    Tony Kim

    Listing Agent

    Compass

    DRE #01757649

    tonykim@compass.com

    P: 310.720.9005

  2. Soo Eum

    Soo Eum

    Alternative Listing Agent

    Compass

    DRE #02219112

    soo.eum@compass.com

    P: 213.477.5222

Property Details for 8874 Cadillac Avenue

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
None
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2454

Location

Add your commute
LISTING UPDATED: 01/18/2024 01:29 AM

Property Details for 8874 Cadillac Avenue

StatusClosed
MLS #SB23093709
Days on Market90
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1930
Lot Size0.12 AC / 5,411 SF
CountyLos Angeles County

Location

Add your commute

Virtual Tour

Building Information for 8874 Cadillac Avenue

Stories2Residences-Year Built1930Building Size-Lot Size0.12 AC / 5,411 SF

Payment Calculator

$6,479 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,167

Property Taxes

$312

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8874 Cadillac Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $32,640
  • Net Operating Income: $31,800
  • Financing: Private
Expense Details
  • Operating Expense: $840
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $840
  • Total Expenses: $840
Tax / Assessment Info
  • Tax Tract Number: 6447
  • Tax Census Tract: 2697.00
  • Tax Lot: n/a
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: Ground level
  • View Description: None
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Back Yard, Corner Lot
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: No
  • Parking Garage: None
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: None
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,420
  • Unit Type Total Rent: $1,420
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 8874 Cadillac 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 8874 Cadillac Avenue

Taxable ValueLand$199,126Additions$79,631Total$278,757
Tax Record2023$3,742 ($312 / month)
Home Facts
Total Finished SqFt2,454 SqFtAbove Grade Finished SqFt2,454 SqFtStories1Lot Size5,411 SqFtStyleOffice BuildingYear Built1930ZoningLARD2CountyLOS ANGELESAPN4301-019-001

Schools near 8874 Cadillac Avenue

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

Alexander Hamilton Senior High School
Public9 to 12

Cheviot Hills Continuation School
Public9 to 12

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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, Tony Kim, DRE #01757649; Compass, Soo Eum, DRE #02219112

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.