2 months on rocket

625 W 8th, San Pedro, CA, 90731

$1,985,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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625 W 8th, Los Angeles$1,985,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage12 spaces
Year Built1988
HeatingCentral
CoolingCentral Air
MLS #PW24206815
Lot Size0.11 Acres
StatusActive

About 625 W 8th

Not subject to LA City Rent Stabilization Ordinance (RSO). Work almost finished on condo conversion - will furnish details to finalize this into six condominiums. Have tract map (tract no. 68227), CCR's, by-laws. Huge double garage for each unit. Townhouse design - only side common walls. No one above or below each unit. Great cap rate! One block walk to vibrant Gaffey commercial with Everything happening. Very nice homes for a great Metro community - close to freeways, schools, shopping. Major new Waterfront projects in San Pedro a center for employment and tenant demand for apartments. Nice interior finishes, multiple baths in every unit, HVAC with forced air heat and A/C in each unit. Dishwasher, interior laundry hookups, stove, refrigerator, microwave in each unit. Legal description property address is 623.

Property Details

Property Features

Property Information:

  • Year Built: 1988
  • Stories: 2

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (562) 400-2848
  • Listing Agent: William Shelton

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 12 spaces

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Go downhill (east) from Gaffey one block to alley forming corner at subject property

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,985,000
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

625 W 8th vs Los Angeles

74 DAYS ON ROCKET

+36 Days

$1,985,000

+$963.4K More

KEY TAKEAWAY

This property is $963.4K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24206815

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (562) 400-2848
  • Listing Agent: William Shelton

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$9,975

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,018

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4413923
5
/10

  • Cabrillo Avenue Elementary School

  • 732 S Cabrillo Ave

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-4413924
3
/10

  • 15th Street Elementary School

  • 1527 S Mesa St

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-4413925
3
/10

  • Barton Hill Elementary School

  • 423 N Pacific Ave

  • 0.67 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,823. Most Los Angeles, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 625 W 8th

What is the listing price of this property?

The listing price of 625 W 8th property is $1,985,000.

What type of property is this?

The property 625 W 8th is a condo located in San Pedro, California, 90731.

Is this property for sale now?

Active Listing: 625 W 8th is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 625 W 8th is 1988.

Rocket Homes›California›Los Angeles County›Los Angeles›90731›625 W 8th

This home is located at 625 W 8th in San Pedro, CA and zip code 90731 in the The Harbor neighborhood. This home, which was built in 1988, sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 05, 2024 and is currently priced at $1,985,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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