NOT LISTED FOR SALE

8506 Wiley Post Ave Los Angeles, CA 90045

Westchester Neighborhood

Estimated Value: $1,005,000 - $1,581,136

2 Beds
2 Baths
1,109 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $685,250 $618 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,354/month

55 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Floor Furnace
  • 2 Car Detached Garage
  • Dining Room
  • 1-Story Property

About This Home

As of February 2016

Wonderful opportunity for investor or owner occupant for 2 - 1 bedroom and 1 bath units. Located in a desirable area of Westchester North of Manchester. Front unit has upgraded kitchen and bath. Property is perfect for investor to obtain market rent, or for an owner occupant to reside in and receive income from rear unit. This property has special curb appeal, spacious rear yard with detached garage plus off street parking. Close to shopping, restaurants, and LMU.

Last Agent to Sell the Property

Bob Waldron

Coldwell Banker Realty License #00416026 Listed on: 10/08/2015

Coldwell Banker Realty

Co-Listed By

Jessica Heredia

Coldwell Banker Realty License #01349369

Last Buyer's Agent

Bret Pfeifer

License #01446383

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,863

Year Built

  • Built in 1943

Lot Details

  • 6,364

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,109 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,364 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 4107-019-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,863

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1109
  • Probate: No
  • Stories: 1
  • Year Built: 1943
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 1
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 626.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Detached, Garage
  • Total Parking: 2

Utilities

  • Heating: Floor Furnace
  • Water Expense: 2400.00

Fee Information

  • Insurance Expense: 688.00
  • Maintenance Expense: 1200.00
  • Management Expense: 1200.00

Lot Info

  • Assessed Improvement Percent: 39.10
  • Assessed Improvement Value: 54851
  • Assessed Land Percent: 60.9
  • Assessed Land Value: 85528
  • Total Assessed Value: 140379
  • Assessor Parcel Number: 4107-019-002
  • Geocode Override: No
  • Lot Size Area: 6364

Rental Info

  • Owner Pays: Gardener, Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 22.31
  • Number Of Units: 2
  • Total Annual Expense: 9731
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Tax Info

  • Private Transfer Taxes: No
  • Tax Expense: 1947.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2015
Closed on
Feb 9, 2016
Sold by
Martin Alexandria Cheryl
Bought by
Brown Andre B and Garcia Brown Vanessa L
Seller's Agent
Bob Waldron
Coldwell Banker Realty
Buyer's Agent
Bret Pfeifer
List Price
$719,000
Sold Price
$685,250
Premium/Discount to List
-$33,750
-4.69%
Current Estimated Value
$1,198,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,534
Avg. Annual Appreciation
6.06%
Original Mortgage
$672,592
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2001
Sold by
Mullen Ruby L
Bought by
Mullen Ruby L
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
Brown Andre B $685,500 Fidelity National Title Co
Mullen Ruby L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Andrea B $645,000
Closed Brown Andre B $655,000
Closed Brown Andre B $672,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2016 02/16/16 Sold $685,250 -4.7% $618 / Sq Ft
12/02/2015 12/02/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $719,000 -- $648 / 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 $9,863 $811,190 $662,922 $148,268
2024 $9,863 $795,285 $649,924 $145,361
2023 $9,678 $779,692 $637,181 $142,511
2022 $9,235 $764,405 $624,688 $139,717
2021 $9,122 $749,418 $612,440 $136,978
2019 $8,852 $727,192 $594,276 $132,916
2018 $8,767 $712,934 $582,624 $130,310
2016 $7,968 $649,760 $406,100 $243,660
2015 $1,930 $143,182 $87,236 $55,946
2014 $1,953 $140,379 $85,528 $54,851
Source: Public Records

Agents Affiliated with this Home

  • Bob Waldron

    Seller's Agent in 2016

    Bob Waldron

    Coldwell Banker Realty

    (310) 780-0864

    Section Image
  • Jessica Heredia

    Seller Co-Listing Agent in 2016

    Jessica Heredia

    Coldwell Banker Realty

    (310) 913-8112

    10 in this area

    60 Total Sales

    Section Image

  • B

    Buyer's Agent in 2016

    Bret Pfeifer

See All Agents

Map

Source: The MLS

MLS Number: 15-948617

The MLS

APN: 4107-019-002

California Los Angeles County Los Angeles 90045 Westchester

8506 Wiley Post Ave, Los Angeles, CA

This home is located at 8506 Wiley Post Ave, Los Angeles, CA 90045 since 08 October 2015 and is currently estimated at $1,198,784, approximately $1,080 per square foot. This property was built in 1943. 8506 Wiley Post 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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