Seller's Agent in 2024
Tony Kim
Compass
(310) 720-9005
1 in this area
78 Total Sales
8874 Cadillac Ave Los Angeles, CA 90034
Mid-City NeighborhoodEstimated Value: $1,201,480
3
Beds
2
Baths
2,454
Sq Ft
$490/Sq Ft
Est. Value
Highlights
- Corner Lot
- Central Heating
- Back Yard
- No HOA
About This Home
As of January 2024Opportunities knock at this remarkable property, offering immediate benefits and a promising future! Meticulously maintained, it combines commercial and residential spaces seamlessly, creating a true gem for investors. The RD2 zoning classification maximizes its potential for substantial returns, making it an ideal choice for lucrative investments.
At the forefront stands a beloved family-owned store, while towards the rear of the property, a beautifully maintained two-bedroom house provides a comfortable living space. Adjacent to the house, a separate studio with a lush backyard creates a tranquil ambiance that enhances the property's overall appeal.
Conveniently located near various educational institutions, this property is within walking distance of an elementary school and several preschools, ensuring convenience for families with young children. The quiet and safe neighborhood guarantees a secure environment suitable for residents of all ages.
With easy access to public transportation right in front, commuting becomes effortless, adding to the property's appeal, its proximity to prominent establishments like Kaiser allows residents to enjoy convenient access to essential services and amenities.
Don't miss out on the opportunity to witness the incredible potential of this property. Schedule your viewing today and embark on a journey of investment success in this vibrant and accessible neighborhood.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,806
Year Built
- Built in 1930
Lot Details
- 5,411 Sq Ft Lot
- 1 Common Wall
- Corner Lot
- Back Yard
Parking
- 2 Open Parking Spaces
- 2 Car Garage
Home Design
- Property Attached
Interior Spaces
- 2,454 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- Central Heating
Listing and Financial Details
- Tax Tract Number 6447
- Assessor Parcel Number 4301019001
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Water Sewer Expense $840
- Operating Expense $840
- Net Operating Income $31,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2023
Closed on
Jan 4, 2024
Sold by
Aguilar Lucio
Bought by
Aguilar Sabina
Seller's Agent
Tony Kim
Compass
Buyer's Agent
Juliana Canela
Klovus
List Price
$1,499,000
Sold Price
$1,130,000
Premium/Discount to List
-$369,000
-24.62%
Total Days on Market
113
Views
83
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,480
Avg. Annual Appreciation
4.92%
Original Mortgage
$805,000
Outstanding Balance
$795,459
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$406,185
Purchase Details
Listed on
May 30, 2023
Closed on
Dec 8, 2023
Sold by
Jung Family Trust
Bought by
Aguilar Sabina
Seller's Agent
Tony Kim
Compass
Buyer's Agent
Juliana Canela
Klovus
List Price
$1,499,000
Sold Price
$1,130,000
Premium/Discount to List
-$369,000
-24.62%
Views
83
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Outstanding Balance
$795,459
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$406,185
Purchase Details
Closed on
Jul 22, 2020
Sold by
Jung Tae K and Jung Yung H
Bought by
The Jung Family Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aguilar Sabina | -- | California Best Title | |
| Aguilar Sabina | $1,130,000 | California Best Title | |
| The Jung Family Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aguilar Sabina | $805,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/18/2024 01/18/24 | Sold | $1,130,000 | -24.6% | $460 / Sq Ft |
| 10/12/2023 10/12/23 | For Sale | $1,499,000 | 0.0% | $611 / Sq Ft |
| 09/20/2023 09/20/23 | Pending | -- | -- | -- |
| 09/01/2023 09/01/23 | For Sale | $1,499,000 | 0.0% | $611 / Sq Ft |
| 08/09/2023 08/09/23 | Pending | -- | -- | -- |
| 05/30/2023 05/30/23 | For Sale | $1,499,000 | -- | $611 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,806 | $284,331 | $203,108 | $81,223 |
| 2023 | $3,742 | $278,757 | $199,126 | $79,631 |
| 2022 | $3,582 | $273,292 | $195,222 | $78,070 |
| 2021 | $3,524 | $267,935 | $191,395 | $76,540 |
| 2020 | $3,555 | $265,189 | $189,433 | $75,756 |
| 2019 | $3,425 | $259,990 | $185,719 | $74,271 |
| 2018 | $3,314 | $254,893 | $182,078 | $72,815 |
| 2016 | $3,148 | $244,997 | $175,008 | $69,989 |
| 2015 | $3,105 | $241,318 | $172,380 | $68,938 |
| 2014 | $3,124 | $236,592 | $169,004 | $67,588 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Kim
-
Juliana Canela
Buyer's Agent in 2024
Juliana Canela
Klovus
(626) 421-7628
1 in this area
22 Total Sales
Map
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23093709
APN: 4301-019-001
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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