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$1,050,000
Listing Price6beds
4baths
3,080sqft
11,359sqft lot
6333 8th Ave, Los Angeles, CA 90043
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Home type
Price / sqft
Year built
Home Details
Well maintained 4-unit property located on a 11,359 Sq.Ft. lot zoned R3 in TOC Tier 3, presents an excellent redevelopment opportunity or adding multiple ADUs(buyer to verify). Property consists of 4 separate buildings - two 1-bedroom units ($989, $2,340) and two 2-bedroom units ($837, $2,650). Property is generating $81,792 of total Rental Income and has very low expenses. With rental upside of over 46% and possibility to add ADUs the property presents an outstanding value-add opportunity. New owner can redevelop the property utilizing density bonus or add two additional units and keep existing structures. In either case, this is investment with huge potential and upside.
Interior Details
3080
6
4
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
11359
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Quadraplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$4,420
$157,638
$161,683
--%
$319,321
2019
$4,420
$154,548
$158,513
--%
$313,061
2018
$4,245
$151,518
$155,405
--%
$306,923
2017
$4,164
$148,548
$152,358
--%
$300,906
2016
$4,044
$145,636
$149,371
--%
$295,007
2014
$4,035
$140,640
$144,246
--%
$284,886
2013
$4,029
$140,005
$143,595
--%
$283,600
2012
$3,974
$137,260
$140,780
--%
$278,040
Average Home Price in 90043
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Details for 6333 8TH AVE
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles
