1 month on rocket

8701 Olin St, Los Angeles, CA, 90034

$3,085,000

0 Baths
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1958
MLS #PW24056887
Lot Size0.14 Acres
StatusActive

About 8701 Olin St

Corner of Corning and Olin, 8 units, 4 of which are fully renovated with recessed lighting, quartz counters, hw floors, with 30% upside in the other 4 unit rents. Upgraded over $200K into property recently. SS retrofit completed and compliant. Laundry room with owned machines, 6 covered parking stalls, Call LA for more information.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 2

Listing Office:

  • Office Name: Justin White
  • Office Email: thesbgbp@gmail.com
  • Listing Agent: Justin White

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • Alexander Hamilton Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Mark Twain Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Shenandoah Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Between Venice Blvd and 10 Fwy, corner of Olin and Corning

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,085,000

Tax Information:

  • Annual Amount: $29,344
  • 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

8701 Olin St vs Los Angeles

36 DAYS ON ROCKET

+2 Days

$3,085,000

+$2.1M More

KEY TAKEAWAY

This property is $2.1M 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: #PW24056887

Listing Office:

  • Office Name: Justin White
  • Office Email: thesbgbp@gmail.com
  • Listing Agent: Justin White

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, 1:20:20 PM 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 30, 2020Home Sold
$2,410,000
Sep 01, 2015Home Sold
$2,149,000

Tax History

YEARPROP. TAXASSESSMENT
2021$29,344$2,412,525
2020$27,806$2,326,145
2019$27,679$2,280,535
2018$27,043$2,235,819
2017$27,043$2,191,980

History based on county public records data.

Payment Calculator

$15.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,316

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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-1276922
5
/10
  • Shenandoah Street Elementary School

  • 2450 S Shenandoah St

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-1276923
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.01 miles

  • Public Magnet Grades KG-6

school-card-donut-1276924
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 18.27 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-1276925
6
/10
  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 4.32 miles

  • Public Magnet Grades 6-8

school-card-donut-1276926
4
/10
  • Studio

  • 2211 W Avenue 30

  • 9.63 miles

  • Public District Grades 6-8

High School

school-card-donut-1276927
5
/10
  • Alexander Hamilton Senior High School

  • 2955 S Robertson Blvd

  • 0.53 miles

  • Public Magnet Grades 9-12

school-card-donut-1276928
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 9.76 miles

  • Public Magnet Grades 9-12

school-card-donut-1276929
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 12.78 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,824. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8701 Olin St

What is the listing price of this property?

The listing price of 8701 Olin St property is $3,085,000.

What type of property is this?

The property 8701 Olin St is a condo located in Los Angeles, California, 90034.

Is this property for sale now?

Active Listing: 8701 Olin St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8701 Olin St are:
Shenandoah Street Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Mark Twain Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Alexander Hamilton Senior High School: GreatSchools Rating 5/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $29,344 (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 30, 2020 for $2,410,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 8701 Olin St is 1958.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900348701 Olin St

This home is located at 8701 Olin St in Los Angeles, CA and zip code 90034 in the Mid-City neighborhood. This home, which was built in 1958, sits on a 0.14 acre lot. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $3,085,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. 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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