$1,000,000
SOLD NOV 27, 2024
2 Beds
1 Bath
1,035 Sq Ft
6,253 Sq Ft Lot

Recently Sold

$966 Per Sq Ft

12 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Cooling Available

About This Home

As of November 2024

Investor Special in Westchester – Full Rehab Opportunity on a Large Lot

Welcome to 8404 Gonzaga Ave, Los Angeles, CA 90045, an incredible investment opportunity in the highly desirable Westchester neighborhood.

The property is in need of a complete rehab, providing a blank canvas for investors or developers to create a modern masterpiece. Whether you're looking to renovate and flip or develop a custom home in one of LA’s hottest areas, this property offers the space and location to capitalize on significant value.

Last Agent to Sell the Property

Tristan Seeney

Sundae Homes Brokerage Email: Tristan@sundae.com License #02110840 Listed on: 10/23/2024

Last Buyer's Agent

Tristan Seeney

Sundae Homes Brokerage Email: Tristan@sundae.com License #02110840 Listed on: 10/23/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,941

Year Built

  • Built in 1943

Lot Details

  • 6,253 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,035 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Suburban Location
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 146
  • Tax Tract Number 9384
  • Assessor Parcel Number 4113009006
  • $281 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,941

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4113009006
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1035.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 966.18
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6253.00
  • Lot Size Acres: 0.1435

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6253.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2765.00
  • Tax Lot: 146
  • Tax Tract Number: 9384
  • TaxOtherAnnualAssessmentAmount: 281.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Nov 7, 2024
Sold by
Barnett Nazarine H
Bought by
Assemble Capital Manager Llc
Seller's Agent
Tristan Seeney
Sundae Homes
Buyer's Agent
Tristan Seeney
Sundae Homes
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%
Views
24
Current Estimated Value
$1,114,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,081
Avg. Annual Appreciation
14.85%
Original Mortgage
$1,958,187
Outstanding Balance
$666,752
Interest Rate
6.44%
Mortgage Type
Construction
Estimated Equity
$447,329
Source: Public Records

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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

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,000,000 First American Title Company
Grant Deed $1,000,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,958,187 Construction
Closed $1,958,187 Construction
Previous Owner $725,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $435,478 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $1,000,000 +0.1% $966 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $999,000 -- $965 / Sq Ft
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 $3,941 $1,000,000 $950,000 $50,000
2024 $3,941 $312,345 $124,935 $187,410
2023 $3,870 $306,222 $122,486 $183,736
2022 $3,698 $300,219 $120,085 $180,134
2021 $3,647 $294,333 $117,731 $176,602
2019 $3,540 $285,605 $114,240 $171,365
2018 $3,462 $280,005 $112,000 $168,005
2016 $3,305 $269,133 $107,651 $161,482
2015 $3,258 $265,091 $106,034 $159,057
2014 $3,277 $259,899 $103,957 $155,942
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24219952

California Regional Multiple Listing Service (CRMLS)

APN: 4113-009-006