$2,052,000
SOLD OCT 3, 2024

8560 Whitworth Dr Los Angeles, CA 90035

Pico-Robertson Neighborhood
12 Beds
10 Baths
7,636 Sq Ft
6,248 Sq Ft Lot

Recently Sold

$269 Per Sq Ft

8% Above List Price

8 Days on Market

Highlights

  • Wood Flooring
  • Tandem Parking
  • Laundry Facilities
  • Built-In Features
  • Ceiling Fan
  • North Facing Home

About This Home

As of October 2024

Located 1 block south of Olympic Blvd. & La Cienega Blvd (blo, 8560 Whitworth is a 6-unit value-add complex offered at $249 per foot, 5.6% CAP & 11.57 GRM on current rents. 8560 Whitworth is adjacent to Beverly Hills and Carthay Square, 2 exclusive neighborhoods under constant demand by high-income young professionals and families. The property is 0.7 miles from Wilshire Blvd, providing convenient access to the METRO Purple Line La Cienega Station (expected completion in 2025), and a wealth of financial, entertainment, healthcare, and law employers along Wilshire Blvd and the greater Beverly Hills area. In addition, 8560 Whitworth is near the Beverly Hills Tennis Club and La Cienega Park & Recreation Center. Built in 1959, this corner-lot property features (2) 3-bdrm. units & (2) 2-bdrm.units, and (2) 1-bdrm. units. Please note, there is a VACANT 2-bdrm. unit and VACANT 1-bdrm. unit. 8560 Whitworth is offered at $316,667 per unit, $249 per foot, 5.60% CAP and 11.57 GRM on current rents. This value-add opportunity with approx. 23% rental upside. At projected market rents, property will stabilize at a 8.34% CAP and 9.01 GRM. Property amenities include 6 tandem parking spaces (covered and surface), community laundry, and seismic retrofitting is not required (buyer to verify).

Last Agent to Sell the Property

Kenny Stevens

Compass License #01090251 Listed on: 07/22/2024

Compass

Last Buyer's Agent

Kenny Stevens

Compass License #01090251 Listed on: 07/22/2024

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,248 Sq Ft Lot
  • North Facing Home

Interior Spaces

  • 7,636 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Parking

  • 6 Parking Spaces
  • Covered Parking
  • Tandem Parking

Utilities

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

Community Details

  • 6 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4332-026-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 7636
  • Price Per Unit: 316667.00
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Carpet
  • Bedrooms: 12
  • Common Walls: Attached
  • Laundry: Community
  • Total Bathrooms: 10.00
  • Equipment: Built-Ins, Ceiling Fan, Hood Fan, Range/Oven
  • Price Per S Q F T: 248.82

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Tandem, Covered Parking
  • Total Parking: 6

Utilities

  • Cooling: Window Unit(s), Ceiling Fan
  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 4332-026-022
  • Lot Size Area: 6248

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.57
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 53564
  • Type Of Units: Apartments
  • Vacancy Rate: 33%

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $2,052,000 +8.0% $269 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $1,900,000 -- $249 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kenny Stevens

    Seller's Agent in 2024

    Kenny Stevens

    Compass

    (424) 284-4453

    2 in this area

    41 Total Sales

    Kenny Stevens
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-418287

The MLS

California Los Angeles County Los Angeles 90035 Pico-Robertson

8560 Whitworth Dr, Los Angeles, CA

This home is located at 8560 Whitworth Dr, Los Angeles, CA 90035 and is currently priced at $2,052,000, approximately $268 per square foot. This property was built in 1959. 8560 Whitworth Dr is a home located in Los Angeles County with nearby schools including Carthay Center Elementary School, Fairfax High School, and Ralph Waldo Emerson Community Charter Middle School.

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