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Backup Offers

8417 Waring Ave, Los Angeles, CA, 90069

$2,295,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Baths
4,167 SqFt
$551/SqFt
House
Schools Nearby

Location

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8417 Waring Ave, Los Angeles$2,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Garage4 spaces
Year Built1939
HeatingFloor Furnace
CoolingWall/Window Unit(s)
MLS #24385329
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 8417 Waring Ave

First time on the market in 50 years, this charming traditional 4-unit apartment building is for sale. Built in 1938, this property contains a great unit mix of two (2) one-bedroom / one-bathroom units, one (1) two-bedroom / one-bathroom unit, and one (1) three-bedroom / two-bathroom unit. The two-bedroom unit features a spacious balcony off one bedroom and another balcony off the living room. This coveted neighborhood is adjacent to West Hollywood, close to La Cienega Boulevard, Melrose Place, and Melrose Avenue. This vibrant neighborhood has easy access to restaurants, coffee, shopping, and entertainment; and has a Walk Score of 92. The building and units have been owned by one person for the past fifty years and have been lovingly maintained. Residents enjoy this quiet, tranquil oasis with multiple outdoor areas brimming with beautiful flowers and trees, making this building well-known in the area. The landscaping and sprinkler system have been upgraded, and the building trim and garage doors have been recently painted. The owner has spent over $90,000 in the past 12 months, renovating a vacant unit and replacing older plumbing under the property. Each unit has a one-car garage, wall/window AC, tankless water heaters, and washer/dryer units. The vacant unit was remodeled with a new kitchen, all new appliances, carpet, and blinds. Other units have all been upgraded at various times, as two were owner residences. The tenants pay for gas, electricity, and cable. The property across the street recently replaced their garages with another unit - Let's see if there is potential here! Buyer to verify. This beautiful and well-maintained income property will provide new owners with an easy transition for a stable asset. PLEASE DO NOT DISTURB TENANTS!!

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 2
  • Living Area: 4,167 SqFt

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Andrea Gressinger

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Fairfax 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
  • Hubert Howe Bancroft Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Rosewood Avenue Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: 8417 Waring is about 2.5 blocks east of La Cienega Blvd. and about 1.5 blocks north of Melrose Place and Melrose Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,295,000
  • Price Per SqFt: $551/SqFt

Tax Information:

  • Annual Amount: $4,716
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

8417 Waring Ave vs Los Angeles

16 DAYS ON ROCKET

-18 Days

$2,295,000

+$1.3M More

$551/SqFt

-$81 Less

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $81/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24385329

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Andrea Gressinger

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: 5/19/2024, 5:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,716$352,137
2020$4,585$348,528
2019$4,502$341,695
2018$4,415$334,996
2017$4,415$328,429

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,947

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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-3647713
5
/10

  • Rosewood Avenue Elementary School

  • 503 N Croft Ave

  • 0.34 miles

  • Public District Grades KG-6

school-card-donut-3647714
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.63 miles

  • Public Magnet Grades KG-6

school-card-donut-3647715
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 17.01 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3647716
4
/10

  • Hubert Howe Bancroft Middle School

  • 929 N Las Palmas Ave

  • 2.10 miles

  • Public Magnet Grades 6-8

school-card-donut-3647717
4
/10

  • Studio

  • 2211 W Avenue 30

  • 7.97 miles

  • Public District Grades 6-8

High School

school-card-donut-3647718
7
/10

  • Fairfax Senior High School

  • 7850 Melrose Ave

  • 0.82 miles

  • Public Magnet Grades 9-12

school-card-donut-3647719
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 9.85 miles

  • Public Magnet Grades 9-12

school-card-donut-3647720
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 10.34 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,576. The majority of Los Angeles, CA residents have income between $100k-200k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8417 Waring Ave

What is the listing price of this property?

The listing price of 8417 Waring Ave property is $2,295,000.

What type of property is this?

The property 8417 Waring Ave is a house located in Los Angeles, California, 90069.

Is this property for sale now?

Accepting Backup Offers: 8417 Waring Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 8417 Waring Ave are:
Rosewood Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Hubert Howe Bancroft Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Fairfax Senior High School: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,716 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8417 Waring Ave has 7 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 8417 Waring Ave is 4,167 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8417 Waring Ave is 1939.

Rocket Homes›California›Los Angeles County›Los Angeles›90069›8417 Waring Ave

This home is located at 8417 Waring Ave in Los Angeles, CA and zip code 90069 in the Central LA neighborhood. This 4,167 square foot home, which was built in 1939, sits on a 0.17 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $2,295,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024 median list price was $986,427 and the average listing age was 34 days.

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

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