$1,050,000
SOLD JAN 9, 2020

8324 Barnsley Ave Los Angeles, CA 90045

Westchester Neighborhood
4 Beds
2 Baths
1,662 Sq Ft
6,784 Sq Ft Lot

Recently Sold

$632 Per Sq Ft

22 Days on Market

About This Home

As of January 2020

A duplex locatedin one of the highestappreciatingneighborhoods in Los Angeles. An opportunity for an investor to take over a well maintained property, and continue to add value and push for market rents. It is rare to find a fully duplex with units this sizein Westchester, and the surrounding area sees great rent growth.Both units are currently occupied.

Last Agent to Sell the Property

Adam Peterson

CB Richard Ellis, Inc. License #01815802 Listed on: 10/02/2019

Co-Listed By

Alex Frapech

CB Richard Ellis, Inc. License #02026469

Last Buyer's Agent

Jeffrey Fritz

Compass License #01737570

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,809

Year Built

  • Built in 1948

Lot Details

  • 6,784 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,662 Sq Ft Home
  • 1-Story Property
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4125-007-030

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,809

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1662
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 631.77

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Value: 150069
  • Assessed Land Value: 692642
  • Assessor Parcel Number: 4125-007-030
  • Geocode Override: No
  • Lot Size Area: 6784

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.00
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 22952
  • Type Of Units: Income
  • Vacancy Rate: 100

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2019
Sold by
Bennett Therese and Sentimental Dreams Rev Trsut
Bought by
Moser Barry and Moser Susan
Current Estimated Value
$1,369,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2014
Sold by
Bennett Therese L
Bought by
Bennett Therese and Sentimental Dreams Revocable Trust

Purchase Details

Closed on
Jun 22, 2006
Sold by
Flowers Eddison
Bought by
Bennett Therese L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 7, 2000
Sold by
Zuniga Cindy A
Bought by
Flowers Eddison

Purchase Details

Closed on
Apr 4, 2000
Sold by
Barrier Agnes W
Bought by
Zuniga Cindy A
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 Type Sale Price Title Company
Grant Deed $1,050,000 North American Title
Interfamily Deed Transfer -- None Available
Grant Deed $730,000 Fidelity National Title Co
Individual Deed $318,000 Fidelity National Title Co
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $787,500 New Conventional
Previous Owner $109,500 Stand Alone Second
Previous Owner $584,000 Negative Amortization
Previous Owner $75,000 Credit Line Revolving
Previous Owner $307,000 Unknown
Previous Owner $293,000 Unknown
Previous Owner $10,000 Stand Alone Second
Previous Owner $305,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2020 07/03/20 Rented $2,700 -3.6% --
05/06/2020 05/06/20 Price Changed $2,800 -6.7% $3 / Sq Ft
03/04/2020 03/04/20 For Rent $3,000 0.0% --
01/09/2020 01/09/20 Sold $1,050,000 0.0% $632 / Sq Ft
10/02/2019 10/02/19 For Sale $1,050,000 -- $632 / Sq Ft
Source: The MLS

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 $13,809 $1,148,324 $765,550 $382,774
2024 $13,809 $1,125,809 $750,540 $375,269
2023 $13,545 $1,103,735 $735,824 $367,911
2022 $12,917 $1,082,095 $721,397 $360,698
2021 $12,757 $1,060,878 $707,252 $353,626
2020 $11,020 $894,288 $735,035 $159,253
2019 $10,583 $876,754 $720,623 $156,131
2018 $10,474 $859,564 $706,494 $153,070
2016 $8,750 $720,000 $600,000 $120,000
2015 $7,798 $640,000 $526,000 $114,000
2014 $7,987 $640,000 $526,000 $114,000
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Fritz

    Seller's Agent in 2020

    Jeffrey Fritz

    Compass

    (310) 916-2470

    3 in this area

    59 Total Sales

    Jeffrey Fritz
    Section Image
  • Adam Peterson

    Seller's Agent in 2020

    Adam Peterson

    CB Richard Ellis, Inc.

    (310) 954-7031

    1 in this area

    18 Total Sales

    Adam Peterson
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Brian Spitznagel

    Forward Inglewood, Inc.

  • A

    Seller Co-Listing Agent in 2020

    Alex Frapech

    CB Richard Ellis, Inc.

    Section Image
  • Mary Young

    Buyer's Agent in 2020

    Mary Young

    Douglas Elliman of California, Inc.

    (310) 874-1542

    18 Total Sales

    Mary Young
    Section Image
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Map

Source: The MLS

MLS Number: 19-514232

The MLS

APN: 4125-007-030

California Los Angeles County Los Angeles 90045 Westchester

8324 Barnsley Ave, Los Angeles, CA

This home is located at 8324 Barnsley Ave, Los Angeles, CA 90045 and is currently priced at $1,050,000, approximately $631 per square foot. This property was built in 1948. 8324 Barnsley Ave is a home located in Los Angeles County with nearby schools including Westport Heights Elementary, Wright Middle School STEAM Magnet, and Westchester Enriched Sciences Magnets.

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