4 months on rocket

8911 S Western Ave, Los Angeles, CA, 90047

$595,000

Home List Price

$7,066*

Closing Credit

1 Bedroom
1 Bath
2,058 SqFt
$289/SqFt
House

Location

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8911 S Western Ave, Los Angeles$595,000

Buyer Closing Credits

$7,066*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1947
HeatingWall Furnace
CoolingNone
MLS #24414225
Lot Size0.06 Acres
StatusActive

About 8911 S Western Ave

We are pleased to present a 3-unit mixed-use property located on 8911 S Western Ave in Los Angeles. The property consists of two separate structures, with the front building consisting of two commercial storefront units, 726 SF each, with a 1BD+1BA residential bungalow in the rear with alley access, built in 1947 and 1948, respectively. With 2 VACANT units (1 commercial and 1 residential), the property provides a unique opportunity for multiple strategies. Through a value-add strategy, a new owner will have the ability to operate at a 6+% CAP rate at an affordable purchase price. Contact the listing agent for additional information.

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Stories: 0
  • Living Area: 2,058 SqFt

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Google Maps: 8911 S Western Ave, Los Angeles, CA 90047

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000
  • Price Per SqFt: $289/SqFt

Tax Information:

  • Annual Amount: $2,607
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

8911 S Western Ave vs Los Angeles

132 DAYS ON ROCKET

+94 Days

$595,000

-$428.4K Less

$289/SqFt

-$352 Less

KEY TAKEAWAY

This property is $428.4K less than the Median Sold Price and $352/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24414225

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

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: 11/22/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,607$193,150
2020$2,535$191,170
2019$2,464$187,422
2018$2,416$183,748
2017$2,416$180,146

History based on county public records data.

Payment Calculator

$3,037

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

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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-540981
3
/10
  • La Salle Avenue School

  • 8715 La Salle Ave

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-540982
2
/10
  • Manhattan Place Elementary School

  • 1850 W 96th St

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-540983
3
/10
  • 95th Street Elementary School

  • 1109 W 96th St

  • 1.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,015. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8911 S Western Ave

What is the listing price of this property?

The listing price of 8911 S Western Ave property is $595,000.

What type of property is this?

The property 8911 S Western Ave is a house located in Los Angeles, California, 90047.

Is this property for sale now?

Active Listing: 8911 S Western Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,607 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8911 S Western Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 8911 S Western Ave is 2,058 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8911 S Western Ave is 1947.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900478911 S Western Ave

This home is located at 8911 S Western Ave in Los Angeles, CA and zip code 90047 in the South LA neighborhood. This 2,058 square foot home, which was built in 1947, sits on a 0.06 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $595,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $1,023,474, 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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