NOT LISTED FOR SALE

1257 W 8th St Los Angeles, CA 90731

Estimated Value: $1,091,000 - $2,322,642

3 Beds
2 Baths
1,100 Sq Ft
$1,747/Sq Ft Est. Value

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Laundry Room
  • Quartz Countertops
  • Living Room
  • Tankless Water Heater

About This Home

As of May 2023

Brand new 2020 construction.

Light and bright 3 Bedroom 2 Full bath lower-level unit. The unit is outfitted with a laundry room, custom ceramic tile, wood laminate flooring, open kitchen with stove, refrigerator and dishwasher included, tile backsplash, quartz countertops, custom paint throughout, and in unit laundry.

Tenant will pay all of their own utilities and will be assigned parking.

The property is conveniently located near Providence Little Company of Mary San Pedro and Minute to Downtown San Pedro, Terminal Island, San Pedro Port, and the $150 Million Dollar remake of the Ports O' Call Village which broke ground in Spring of 2020.

Available June 1st!

Last Agent to Rent the Property

Brian Erdmann

Coldwell Banker Residential Br License #02029048 Listed on: 05/17/2023

Coldwell Banker Residential Br

Last Renter's Agent

Brian Erdmann

Coldwell Banker Residential Br License #02029048 Listed on: 05/17/2023

Coldwell Banker Residential Br

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,952

Year Built

  • Built in 2020

Lot Details

  • 6,749 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Vinyl Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Urban Location

Listing and Financial Details

  • Security Deposit $3,100
  • Rent includes gardener, sewer, trash collection
  • 12-Month Minimum Lease Term
  • Available 4/15/22
  • Legal Lot and Block 11 / 33
  • Tax Tract Number 14
  • Assessor Parcel Number 7459022012

Community Details

Overview

  • No Home Owners Association
  • $3,100 HOA Transfer Fee
  • 4 Units

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $300
  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,952

Year Built

Built in 2020

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-04-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Other: 300
  • Deposit Pets: 300
  • Deposit Security: 3100
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit
  • Total Move In Costs: 6200.00
  • Transfer Fees: 3100.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security Lights, Smoke Detector(s)
  • View: No
  • Zoning: LARD1.5
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 7459022012
  • Year Built: 2020
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1100.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.82
  • Room Type: Kitchen, Laundry, Living Room, Master Suite
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6749.00
  • Lot Size Acres: 0.1549

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6749.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Sewer, Trash Collection

Tax Info

  • Tax Block: 33
  • Tax Census Tract: 2970.00
  • Tax Lot: 11
  • Tax Tract Number: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2020
Sold by
Escalon Drive Partners Llc
Bought by
574 West 14Th Street Investors Llc
Current Estimated Value
$1,921,911

Purchase Details

Closed on
Feb 4, 2019
Sold by
Four Right Investment Partners Llc
Bought by
Escalon Drive Partners Llc

Purchase Details

Closed on
Apr 16, 2018
Sold by
Garza Randall R and Clark Allen
Bought by
Four Right Investment Partners Llc

Purchase Details

Closed on
May 27, 2010
Sold by
Marevich Michael and Mehl Lynn Marevich
Bought by
Garza Randall R and Clark Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,166
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2010
Sold by
Marevich Michael and Mehl Lynn Marevich
Bought by
Marevich Michael and Mehil Lynn Marevich
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
574 West 14Th Street Investors Llc -- Accommodation
Escalon Drive Partners Llc -- None Available
Four Right Investment Partners Llc $565,000 Ticor Title
Garza Randall R $439,000 Fidelity National Title Co
Marevich Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garza Randall R $433,166
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2023 05/30/23 Rented $3,100 0.0% --
05/22/2023 05/22/23 Under Contract -- -- --
05/17/2023 05/17/23 For Rent $3,100 +3.3% --
06/06/2022 06/06/22 Rented $3,000 0.0% --
05/22/2022 05/22/22 Price Changed $3,000 -6.3% $3 / Sq Ft
04/09/2022 04/09/22 Price Changed $3,200 -3.0% $3 / Sq Ft
03/12/2022 03/12/22 For Rent $3,300 -89.8% --
04/26/2021 04/26/21 Rented $32,400 +1057.1% --
04/21/2021 04/21/21 Under Contract -- -- --
03/08/2021 03/08/21 For Rent $2,800 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $27,952 $2,289,342 $1,206,910 $1,082,432
2024 $27,581 $2,244,454 $1,183,246 $1,061,208
2023 $27,047 $2,200,446 $1,160,046 $1,040,400
2022 $25,303 $2,157,300 $1,137,300 $1,020,000
2021 $6,869 $570,934 $570,934 $0
2020 $7,212 $587,826 $587,826 $0
2019 $7,062 $576,300 $461,040 $115,260
2018 $6,173 $498,022 $398,419 $99,603
2017 $6,038 $488,257 $390,607 $97,650
2016 $5,899 $478,685 $382,949 $95,736
2015 $5,814 $471,495 $377,197 $94,298
2014 $5,839 $462,260 $369,809 $92,451
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23085845

California Regional Multiple Listing Service (CRMLS)

APN: 7459-022-012