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7325 8th Avenue, Los Angeles, CA 90043$895,000

5
beds
3
baths
2152
ft2
· 6075
ft2 lot
$416 / ft2

Listing provided courtesy of Lee Harrington, Diamond View Realty
Source CRMLS;
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Price Reduction! Motivated Seller! This recently renovated property consist of an updated 4 bedroom 2 bath single family home, plus a lovely 1 bedroom 1 bath permitted ADU located in wonderful Park Hills Heights. The single family home has 4 bedrooms with a spacious Open floor plan and provides a warm and inviting space ideal for entertaining. All with an updated gourmet kitchen, stainless steel appliances, granite counters, tile flooring & recessed lighting. Formal dining room with glass sliding doors opening out to a private back yard. Formal living room with recessed lighting, huge private master suite with a jetted tub, separate stone shower, dual vanities & all modern amenities, and guess bath with all new modern amenities. Long driveway for 5 car parking, and a large back yard. Custom paint in/out, central a/c & central heating. The dedicated laundry room can accommodate the demands of a growing family. The separate rear dwelling is a modern ADU consisting of 1 bedroom 1 bath with its own private entrance. This is a wonderful property in a great neighborhood conveniently located near shopping, freeways, and entertainment, including the Kia Forum and SoFi Stadium, home of the Super Bowl Champion Los Angeles Rams!

HOA

No HOA

On market

2 months

Year built

1945

Property type

Multi-Family

Parking

2

MLS

22188817

Price / Sq.Ft.

$416 / ft2

Status

Active

Buyer’s Brokerage Commission

2.5%

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Home details for 7325 8th Avenue

Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central
•   
Cooling Details: Central Air
Interior Size
•   
Building Area Total: 2152.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Driveway
Building Info
•   
Zoning: LARD3
•   
Stories Total: 1
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 2
Lot Info
•   
Lot Size Acres: 0.1395
•   
Lot Size Dimensions: 45x135
•   
Lot Size Area: 6075.0000
•   
Lot Size Units: Square Feet
Property Features
•   
Common Walls: No Common Walls
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 50400.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Expenses: 12000.00
•   
Gross Multiplier: 19.00
Tax/Assessment Info
•   
Gross Income: 50400.00
Lease Info
•   
Net Operating Income: 38400.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1000.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 2
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 1000.00
Unit 1 Information
•   
Unit 1 Bedrooms: 4
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 3100.00
•   
Unit 1 Total Rent: 3100.00
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: East of Crenshaw and South of Florence
Other
Calculation
•   
Dom: 41

Neighborhood snapshot

48
Properties for sale
12
Median days on market
$571.94
Median sold price/sqft
110.21%
Sold/List %
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Property History for 7325 8th Avenue

09/21/2022
09/21/2022
CRMLS #22188817
active
CRMLS #22188817
$895,000
--10.05%
08/11/2022
08/11/2022
CRMLS #22188879
active
CRMLS #22188879
$995,000

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