$1,755,000
SOLD AUG 16, 2024

8662 Cadillac Ave Los Angeles, CA 90034

Mid-City Neighborhood
7 Beds
7 Baths
3,156 Sq Ft
2,498 Sq Ft Lot

Recently Sold

$556 Per Sq Ft

2% Below List Price

127 Days on Market

Highlights

  • New Construction
  • Quartz Countertops
  • Open to Family Room
  • Modern Architecture
  • Balcony
  • Laundry closet

About This Home

As of August 2024

Discover 8662 Cadillac Ave, a premier investment property that just wrapped construction March 2024 in Mid-City, bordered by the highly desirable neighborhoods of Beverlywood and Faircrest Heights. This property presents the opportunity to purchase a new construction attached duplex with each unit spanning 3 stories with a total of 3,156 SF of building area on an approx. 2,500 SF lot. Leasing for both units is in progress.Both the exterior and interiors of these residences feature minimalist contemporary design, providing tenants with elevated finishes and attainable luxury living. The most discerning renters will love the large picture windows flooding the living spaces with natural light, living room and bedroom balconies, ensuite bedrooms with walk-in closets, and the elegant black-and-white kitchen color scheme with marbled quartz countertops. Secured outdoor space, assigned on-site parking, and motorized gates provide privacy and security to complete these homes.Situated in the bustling and ever-growing Mid-City area, the complex is surrounded by a rich tapestry of restaurants, entertainment venues, nightlife, fitness centers, and outdoor spaces. This strategic location is not just about offering a high-quality lifestyle but also promising significant growth in property value, making it an excellent choice for investors looking for substantial returns.

Last Agent to Sell the Property

Yohann Bensimon

Keller Williams Hollywood Hills License #01966630

Keller Williams Hollywood Hills

Last Buyer's Agent

Minoo Sadeghani

Sotheby's International Realty License #01961498

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 2,498 Sq Ft Lot
  • North Facing Home
  • Gated Home
  • Front Yard

Home Design

  • Modern Architecture

Interior Spaces

  • 3,156 Sq Ft Home
  • 3-Story Property

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces
  • 2 Attached Carport Spaces
  • Brick Driveway

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, trash collection, electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: Three Or More
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 3156
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2024
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Cooktop - Gas, Microwave, Oven-Gas
  • Bedrooms: 7
  • Common Walls: Attached
  • Kitchen Features: Counter Top, Island, Quartz Counters, Open to Family Room
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 7.00
  • Equipment: Dishwasher, Dryer, Washer, Garbage Disposal, Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 568.76

Exterior Features

  • Direction Faces: North
  • Other Features: Balcony
  • Other Structures: None

Garage/Parking

  • Carport Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Carport, Carport Attached, Driveway, Uncovered, Driveway - Brick
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Lot Description: Front Yard, Fenced
  • Lot Location: Alley Access
  • Lot Size Area: 2498

Rental Info

  • Tenant Pays: Water, Trash Collection, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.48
  • Number Of Units: 2
  • Total Annual Expense: 91140
  • Type Of Units: Apartments
  • Vacancy Rate: 2

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $1,755,000 -2.2% $556 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $1,795,000 -- $569 / Sq Ft
Source: The MLS

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See All Homes in Los Angeles

Source: The MLS

MLS Number: 24-423223

The MLS

California Los Angeles County Los Angeles 90034 Mid-City

8662 Cadillac Ave, Los Angeles, CA

Homes for Sale in Los Angeles, CA

This home is located at 8662 Cadillac Ave, Los Angeles, CA 90034 and is currently priced at $1,755,000, approximately $556 per square foot. This property was built in 2024. 8662 Cadillac Ave is a home located in Los Angeles County with nearby schools including Mark Twain Middle School, Alexander Hamilton Senior High School, and Echo Horizon School.

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