Listing
Sold
$1,300,000
Original list price: $1,400,000
Sold
8811 Re••••• Ave (Sign up for 50 free credits to unlock)Los Angeles, CA 90045
4Beds
2Baths
1,560Sq Ft Living
7,009Sq Ft Lot
1950Year Built
Property Description
RARE OPPURTUNITY!! Developers Dream in an area of massive resurgence. Mid block two unit building with a 7000 sq ft lot with alley access and is a "TOC" transit area community. This is a well maintained property currently getting close to market rents. There is a HUGE opportunity for this property when combined with the next door (Southern) property of the same size. Look at the listing as well and lets talk about what the plan is for you.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Sold
- Listed
- Feb 1, 2026
- Sold
- Sep 30, 2026
- List Price
- $1,400,000
- Price per Sq Ft
- $833/sqft
- ZIP Code
- 90045
- Full Baths
- 2
- Stories
- 1
- Garage
- 2 spaces
- Parking
- Garage Is Detached, Garage 2 Car
- Heating
- Natural Gas, Wall
- Property Tax (2025)
- $7,125/yr
- Assessed Value
- $584,053
- Neighborhood
- Westchester
- County
- Los Angeles
- School District
- Los Angeles Unified School District
Estimated Value
$1,300,500Range $924,164 to $1,605,800
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 4
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Farm Info
- Irrigation Source: Front, Rear
Land Info
- Lot Description: Alley Paved, Back Yard, Front Yard, Gutters, Lot Shape-Rectangular, Lot-Level/Flat, Lawn, Street Lighting
- Lot Size Acres: 0.1609
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 7008
Utilities
- Sewer: In Street
- Television: Cable TV
- Water Source: Mutual Water Source
Appliances
- Cooktop - Gas
- Oven-Gas
- Laundry Features: In Unit
Rental Info
- Gross Income: 50304
- Gross Scheduled Income: 50304
- Tenant Pays: Gas, Electric, Trash
Home Features
- Other Equipment: Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Microwave
- Security Features: Smoke Detector, Carbon Monoxide Detector(s)
Commercial Info
- Net Operating Income: 47804
- Operating Expense: 2500
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 2
- Unit Type: 2
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 1
- Unit 1 Total Actual Rent: 1792
- Unit 2 Total Actual Rent: 2400
Interior Features
- Common Walls
- Flooring: Hardwood
- Window Features: Screens
Garage and Parking
- Garage Spaces: 2
- Parking Features: Garage Is Detached, Garage - 2 Car
- Parking Total: 2
School Information
- School District: Los Angeles Unified
Heating and Cooling
- Fireplace Features: Bath, Kitchen
- Heating Features: Natural Gas, Wall
- Water Heaters: Gas
Other Property Info
- Source Listing Status: Sold
- County: Los Angeles
- Cross Street: Ramsgate
- Cap Rate: 3.4
- Directions: East on Manchester right turn on Ramsgate left turn on Reading
- Area: Westchester
- Source Neighborhood: Westchester
- Owner Pays: Water, Gardener
- Parcel Number: 4125-015-010
- Postal Code Plus 4: 4670
- Property Location: Alley Access, City
- Zoning: LAR3
Accessibility Features
- Disabled Access: No
Price & Event History
| Date | Event | Price | $/Sq Ft |
|---|---|---|---|
| Sep 30, 2026 | Sold | $1,300,000 | $833 |
| Feb 1, 2026 | Listed | $1,400,000 | $897 |
| Feb 25, 2013 | Sold | $465,000 | $298 |
| Feb 25, 2013 | Listing removed | $477,000 | $306 |
| Dec 11, 2012 | Price Changed | $477,000 | $306 |
| Oct 31, 2012 | Listed | $477,000 | $306 |
| Oct 31, 2012 | Listed | $499,000 | $320 |
| Sep 29, 2011 | Listing removed | $495,000 | $317 |
| Sep 20, 2011 | Listing removed | $495,000 | $317 |
| Aug 2, 2011 | Price Changed | $495,000 | $317 |
| Jun 2, 2011 | Listed | $495,000 | $317 |
| Jun 2, 2011 | Listed | $515,000 | $330 |
| Dec 9, 1975 | Sold | $43,000 | $28 |
Location
Lat 33.95745 · Lng -118.38188