1 month on rocket

8401 S Western Ave, Los Angeles, CA, 90047

$1,000,000

0.22 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #SR24043010
Lot Size0.22 Acres
StatusActive

About 8401 S Western Ave

Live Auction! Bidding to Start from $1,000,000! 8401-8409 S Western Ave is a choice 9,708 square foot parcel which is a true Ready-to-Issue 27 Unit, 100% Affordable Residential Project. Situated on S. Western just north of West Manchester Ave. between W 84th St. and W 84th Pl., this LAC2 parcel backs up to an alley and has frontage on both S. Western Ave and W. 84th St. The Building Plans consist of plans to construct 27 units, each comprising 1 Bed/1 Bath residences spread across three stories and featuring a dedicated manager's unit. Notably, two units are reserved for extremely low-income residents, while the remaining units cater to Low Income residents. This lot is ideally positioned near Los Angeles' brand new SoFi Stadium, the KIA Forum, and the almost completed Intuit Dome - submit an offer to stop the auction or bid on April 4th to win this rare investment opportunity.

Property Details

Property Features

Listing Office:

  • Office Name: Harcourts Prime Properties
  • Office Phone: (818) 939-7944
  • Listing Agent: Brandon Gonzalez

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.22 Acres

School Info

Assigned Schools Information:

  • George Washington Preparatory High School, Public Magnet Grades 9-12
  • Middle College High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Studio, Public District Grades 6-8
  • La Salle Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Corner of W. Manchester Blvd & S. Western Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000

Tax Information:

  • Annual Amount: $9,132
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

8401 S Western Ave vs Los Angeles

45 DAYS ON ROCKET

+11 Days

$1,000,000

+$24K More

KEY TAKEAWAY

This property is $24K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24043010

Listing Office:

  • Office Name: Harcourts Prime Properties
  • Office Phone: (818) 939-7944
  • Listing Agent: Brandon Gonzalez

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 8:20:24 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2009Home Sold
$550,000
Sep 07, 2000Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,132$698,423
2020$8,877$691,263
2019$8,518$677,710
2018$8,343$664,422
2017$8,343$651,395

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1123706
5
/10
  • La Salle Avenue Elementary School

  • 8715 La Salle Ave

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-1123707
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.66 miles

  • Public Magnet Grades KG-6

school-card-donut-1123708
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 17.20 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1123709
4
/10
  • Studio

  • 2211 W Avenue 30

  • 10.66 miles

  • Public District Grades 6-8

High School

school-card-donut-1123710
1
/10
  • George Washington Preparatory High School

  • 10860 S Denker Ave

  • 1.77 miles

  • Public Magnet Grades 9-12

school-card-donut-1123711
9
/10
  • Middle College High School

  • 1600 W Imperial Hwy Bldg 1

  • 2.20 miles

  • Public District Grades 9-12

school-card-donut-1123712
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 7.62 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,875. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8401 S Western Ave

What is the listing price of this property?

The listing price of 8401 S Western Ave property is $1,000,000.

What type of property is this?

The property 8401 S Western Ave is land located in Los Angeles, California, 90047.

Is this property for sale now?

Active Listing: 8401 S Western Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8401 S Western Ave are:
La Salle Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
George Washington Preparatory High School: GreatSchools Rating 1/10
Middle College High School: GreatSchools Rating 9/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,132 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 9, 2009 for $550,000. (source: MLS/tax record).

How much acreage is this property?

The property 8401 S Western Ave is 0.22 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900478401 S Western Ave

This home is located at 8401 S Western Ave in Los Angeles, CA and zip code 90047 in the South LA neighborhood. This home sits on a 0.22 acre lot. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $1,000,000.

While more than 628 listings in Los Angeles, CA in March 2024 were sold above asking price, there were more than 196 listings sold at asking price, and more than 579 were sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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