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8611 Elm St
Multi-Family
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$625,000

$330/sqft

8611 Elm St, Los Angeles

60% below median
4 bd·3 ba·1,896 sqft
Built 19406,700 sqft lotSouth LA

8611 Elm St, Los Angeles, CA

4 bd · 3 ba · 1,896 sqft Multi-Family listed at $625,000, built in 1940 in the South LA neighborhood.

About this home

Nice 3 unit building with long term tenants. Recent upgrades to plumbing and electrical. Priced to sell! Two 2 bedroom/1 bathrooms and one 1 bedroom/1 bathroom unit. Close to freeways and shopping centers. Great for owner user or first time investor, very easy to manage. Owner only pays water and garbage. Carefully maintained.

Property details

Price
$625,000
Bedrooms
4
Bathrooms
3
Interior
1,896 sqft
Price / sqft
$330
Year built
1940
Lot size
6,700 sqft
Type
Multi-Family
Days on market
56
Est. property tax
$4,688/yr · $391/mo · 0.75% CA avg
Last sold
$680,000 · Sep 2022

Estimated monthly payment

Down payment20% ($125,000)
Interest rate6.75%
Principal & Interest$3,243
Property Tax$573
Insurance$150
Total$3,966/mo

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Location

This home is located in Los Angeles, CA. Browse more Los Angeles listings on the Los Angeles market page or explore the full Los Angeles market report.

Home Intelligence

Neighborhood (zip 90002)

This neighborhood skews young (median age 30.2). 5% hold a bachelor's degree; 41% of homes are owner-occupied; median household income is $54,221.

Median income
$54,221
Median age
30.2
Owner-occupied
40.8%
Bachelor's degree
5.1%
Census median home value
$462,400

Source: US Census Bureau American Community Survey 5-year estimates.

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