NOT LISTED FOR SALE

8515 Barnsley Ave Los Angeles, CA 90045

Westchester Neighborhood

Estimated Value: $1,212,000 - $1,790,435

4 Beds
3 Baths
1,995 Sq Ft
$737/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $1,250,000 $627 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,337/month

8 Days on Market

Highlights

  • Guest House
  • Ceramic Tile Flooring
  • 1-Story Property

About This Home

As of November 2021

One of a kind opportunity to own a duplex with a guest house in Westchester. Best of all, it will be delivered completely vacant. The front unit has 2 bedrooms, and 1.5 baths. The rear unit has 2 bedrooms, and 1 bath. The guest house in rear has its own separate entrance, but does not appear to have permits. Buyer to verify and make themselves responsible for permit. It would be a great ADU. The property includes plenty of parking space both covered and uncovered, and is in a prime rental area of Westchester. It is close to Loyola Marymount University, LAX airport, Silicon Beach, Space X, metro lines, freeways, and the ocean gives it cool breezes. The large lot is perfect for those who need a little extra space, and it comes with a wonderful patio for those who enjoy entertaining. Vegetation in rear adds privacy and noise reduction. These units have been well cared for, and include laminate flooring, and updated kitchens and bathrooms. What a great opportunity for someone to live in one unit and receive the help of rental income. Or, it would also be a solid investment for those who want to rent the entire property. Either way, this property has it all.

Last Agent to Sell the Property

Richard Rede

RR Realty & Investments License #01095198 Listed on: 09/20/2021

Last Buyer's Agent

Richard Rede

RR Realty & Investments License #01095198 Listed on: 09/20/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,944

Year Built

  • Built in 1953

Lot Details

  • 8,805

Interior Spaces

  • 1,995 Sq Ft Home
  • 1-Story Property
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Additional Features

  • 8,805 Sq Ft Lot
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 4125-008-017

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,944

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1995
  • Lot Acreage: 0.2021
  • Stories: 1
  • Year Built: 1953
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Bedrooms: 4
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Gas Or Electric Dryer Hookup, Garbage Disposal
  • Price Per S Q F T: 550.88

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 24.87
  • Assessed Improvement Value: 175859
  • Assessed Land Percent: 75.13
  • Assessed Land Value: 531128
  • Total Assessed Value: 706987
  • Assessor Parcel Number: 4125-008-017
  • Lot Size Area: 8805

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: flat
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2024
Sold by
Gonzalez David Jesse and Franklin Family Revocable Living Trust
Bought by
Rfg Partners Llc
Current Estimated Value
$1,469,859

Purchase Details

Closed on
Nov 27, 2022
Sold by
Franklin Derrick Deon and Franklin Ana Rosa
Bought by
Franklin Family Revocable Living Trust

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 5, 2021
Sold by
Retolaza Enrique J and Retolaza Rosa M
Bought by
Gonzalez David Jesse and Gonzalez Elizabeth Tapia
Seller's Agent
Richard Rede
RR Realty & Investments
Buyer's Agent
Richard Rede
RR Realty & Investments
List Price
$1,099,000
Sold Price
$1,250,000
Premium/Discount to List
$151,000
13.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$937,500
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2010
Sold by
Summer Peggy Kathleen
Bought by
Retolaza Enrique J and Retolaza Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,907
Interest Rate
5.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Rfg Partners Llc -- --
Franklin Family Revocable Living Trust -- Fidelity National Title
Gonzalez David Jesse $1,250,000 Fidelity National Title
Retolaza Enrique J $599,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez David Jesse $937,500
Previous Owner Retolaza Enrique J $492,150
Previous Owner Retolaza Enrique J $517,907
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $1,250,000 0.0% $627 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/27/2021 09/27/21 Off Market $1,250,000 -- --
09/20/2021 09/20/21 For Sale $1,099,000 -- $551 / 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 $15,944 $1,326,510 $928,557 $397,953
2024 $15,944 $1,300,500 $910,350 $390,150
2023 $15,638 $1,275,000 $892,500 $382,500
2022 $8,836 $728,595 $547,362 $181,233
2021 $8,721 $714,310 $536,630 $177,680
2019 $8,463 $693,125 $520,714 $172,411
2018 $8,349 $679,535 $510,504 $169,031
2016 $7,977 $653,150 $490,682 $162,468
2015 $7,861 $643,340 $483,312 $160,028
2014 $7,894 $630,739 $473,845 $156,894
Source: Public Records

Agents Affiliated with this Home

  • Richard Rede

    Seller's Agent in 2021

    Richard Rede

    RR Realty & Investments

    (213) 604-1509

    2 in this area

    38 Total Sales

    Richard Rede
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Map

Source: The MLS

MLS Number: 21-785862

The MLS

APN: 4125-008-017

California Los Angeles County Los Angeles 90045 Westchester

8515 Barnsley Ave, Los Angeles, CA

This home is located at 8515 Barnsley Ave, Los Angeles, CA 90045 since 20 September 2021 and is currently estimated at $1,469,859, approximately $736 per square foot. This property was built in 1953. 8515 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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