8225 Handley Ave

House in Westchester
Active

8225 Handley Avenue, Los Angeles, CA 90045

$1,795,000
 for Sale at 8225 Handley Avenue, Los Angeles, CA 90045

28

 for Sale at 8225 Handley Avenue, Los Angeles, CA 90045
 for Sale at 8225 Handley Avenue, Los Angeles, CA 90045
 for Sale at 8225 Handley Avenue, Los Angeles, CA 90045
$1,795,000
4
Beds
2.5
Baths
1
Half Bath
2,559
Ft²
$701
$/ft²
0.15
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$8,814
Welcome to a stunning example of modern architecture in a coveted Westchester neighborhood. Situated on a corner lot spanning over 6,500 square feet, this 4-bedroom, 2.5-bathroom residence has been completely remodeled, restored, and fully-permitted. Every aspect of the design has been carefully considered to create an environment that's both beautiful and functional. Upon entering the home, guests are greeted by gleaming maple hardwood floors that flow throughout the open-concept living spaces. The seamless integration of the living, dining, and kitchen areas allows for easy entertaining and effortless day-to-day living. The chef's kitchen is outfitted with high-end stainless-steel appliances and ample storage space.Natural light abounds in the home's four bedrooms...

LISTING AGENT

Jeff Yarbrough
Jeff YarbroughKeller Williams Beverly Hills[email protected]

Building Info

Overview

This property was built in 1946.

General

  • Year Built

    1946
  • Actual Year Built

    1946
  • Total Rooms

    5.00
  • Bedroom Count

    3
  • Bathroom Count

    3.00
  • Full Bathrooms

    3.00
  • Partial Bathrooms

    0.00
  • Bathroom Fixture Number

    0.00
  • Building Condition

    6
  • Building Quality

    4
  • Construction Type

    17
  • Building Style

    15
  • Exterior Walls Type

    12
  • Interior Walls Type

    0
  • Roof Shape Type

    1
  • Roof Cover Type

    7
  • Floor Count

    1
  • Living Units

    1.00
  • Business/Commerical Units Count

    0.00
  • Floor Cover

    0
  • Basement Type

    0
  • Basement Area

    0.00
  • Garage Type

    1
  • Garage Square Area

    0.00
  • Parking Space Count

    2.00
  • Patio Type

    0
  • Porch Type

    0
  • Pool Type

    0

Dimensions

  • Lot Size Square Feet

    6,506
  • Lot Size Depth Feet

    1000
  • Lot Size Frontage Feet

    660
  • Total Building Area

    2,559
  • Gross Building Area

    0.00
  • Building Area

    2,559
  • Building Area Source

    L

Heating

  • Fireplace Count

    1.00
  • Air Conditioning Type

    0
  • Heat Code

    6
  • Heated Square Feet

    2,559
  • Heating Fuel Type

    0

Codes

  • Sewer System

    0
  • Water Service Type

    2

Building

Building codes and types
  • Building Type

    0
  • Property Class ID

    R
  • Land Acres

    0.149
  • Standard Land Use Code

    1001
  • County Land Use Code

    0100
  • Legal Description 1

    TRACT # 13605 LOT 40

Neighborhood

Community district, city council district, police precinct, and more.
  • School District Name

    Los Angeles Unified School District
  • Census Tract

    277100

Zoning

The zoning code for this property is LAR1.
  • Zoning

    LAR1

Geography

The property is located in zip code 90045.
  • Subdivision Tract Number

    13605
  • Parcel

    4105-027-001
  • Block

  • Lot

    40
  • Latitude

    33.9637
  • Longitude

    -118.381

Address

  • Full Address

    8225 Handley Ave
  • Address - House Number

    8225
  • Address - Street Name

    Handley
  • Address - Suffix Type

    Ave
  • State

    CA
  • City Name

    Los Angeles
  • Carrier Code

    C041
  • 4-Digit Zip Code

    3323
  • Zip Code

    90045

Valuation

The assessed value of this property is $1,023,027.
  • Timestamp

    Oct 26, 2021
  • UCID Flag

    U
  • Total Area

    0.00
  • Standard Deviation

    0

Tax

  • Tax Year

    2021
  • Tax Amount

    $12,407
  • Tax Rate Code Area

    0-068

Open Liens

  • Total Open Liens

    2
  • Total Open Liens Amount

    $1,485,875

Market Valuation

  • Market Total Value

    $0
  • Market Land Value

    $0
  • Market Improvement Value

    $0

Appraisal Valuation

  • Valuation Date

    Oct 20, 2021
  • Confidence Score

    77
  • Final Value

    2,068,590
  • High Value

    2,436,017
  • Low Value

    1,701,163

Assessments Valuation

  • Assessed Year

    2021
  • Assessed Total Value

    $1,023,027
  • Assessed Land Value

    $637,718
  • Assessed Improvements Value

    $385,309

Sales

  • Current Sale Contract Date

    20171017
  • Current Sale Recording Date

    20171106
  • Current Sale Transaction ID

    1398015185
  • Current Sales Price

    $165,000
  • Current Sale Document Type

    40
  • Current Sale Input Document Number

    17-1273796
  • Sale Date

    19980824
  • Previous Sale Contract Date

    19980804
  • Previous Sale Type of Sales Price

    13
  • Sale Amount

    $248,000
  • Previous Sale Document Type

    39

Mortgages

  • First Current Mortgage Lender

    QUICKEN LOANS INC
  • First Current Mortgage Transaction Date

    20171106
  • First Current Mortgage Loan Amount

    $663,500
  • First Current Mortgage Terms

    360
  • First Current Mortgage Loan Type

    20
  • First Current Mortgage Loan Due Date

    20471101
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Lender

    QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date

    20171106
  • First Open Lien Mortgage Loan Amount

    $663,500
  • First Open Lien Mortgage Term

    360
  • First Open Lien Mortgage Position

    1
  • First Open Lien Mortgage Loan Type

    20
  • First Open Lien Mortgage Loan Due Date

    20471101
  • Second Open Lien Mortgage Lender

    ROCKET MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date

    20211018
  • Second Open Lien Mortgage Loan Amount

    $822,375
  • Second Open Lien Mortgage Term

    360
  • Second Open Lien Mortgage Position

    2
  • Second Open Lien Mortgage Loan Type

    20
  • Second Open Lien Mortgage Loan Due Date

    20511101
  • Third Open Lien Mortgage Loan Amount

    $0
  • Third Open Lien Mortgage Term

    0
  • Third Open Lien Mortgage Position

    0
  • Fourth Open Lien Mortgage Loan Amount

    $0
  • Fourth Open Lien Mortgage Term

    0
  • Fourth Open Lien Mortgage Position

    0

Previous Mortgages

  • Previous Mortgage Lender

    FIRST CAPITAL CORP
  • Previous Mortgage Transaction Date

    19980824
  • Previous Mortgage Loan Amount

    $223,200
  • Previous Mortgage Term

    360
  • Previous Mortgage Loan Due Date

    20280901

Building Features

Exterior

Stucco Exterior

Parking

Open Parking

Home Features

HVAC

Zoned A/CFurnace

Ownership

Previous Owner

Moreshead Dana

Price History

Date/EventEventPrice
Apr 21, 2023 Listed by KELLER WILLIAMS BEVERLY HILLS REALTYListed by KELLER WILLIAMS BEVERLY HILLS REALTY$1,795,000
Apr 8, 2023 In contractIn contract-
Jan 26, 2023 Listed by KELLER WILLIAMS BEVERLY HILLS REALTYListed by KELLER WILLIAMS BEVERLY HILLS REALTY$1,890,000
Dec 25, 2022 No longer availableNo longer available-
Aug 26, 2022 Listed by eXp RealtyListed by eXp Realty$1,899,000
Nov 6, 2017 SoldSold$165,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$80,400
ExpensesPer Year
$0
Operating ProfitPer Year
$80,400
Cap rate
4.48%

Price Estimate

$2,154,000$1,878,574$1,603,149
20232024202520262027
Current Asking Price

$1,795,000

HopScore Market Price

$1,878,574

The current asking price is $83,574.44 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
In Contract
House
3
2
1,732 ft²
$1,021/ft²
$1,769,000

Payment Calculator



Neighborhood

About Westchester

Stats & Trends

The median asking price in Westchester is $1,799,974.50.
  • Median Asking

    $1,799,974.50
  • Sale Price/ft²

    $935.69
  • Below Asking

    0.02%
  • Days on Market

    57

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8225 Handley Avenue in Los Angeles, CA was first built in 1946 and is 77 years old. This has been categorized as a unknown property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. 8225 Handley Avenue has 2,559 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 660 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,506 square feet.

Learn more about the property and building on this page. The home has a unknown style roof made of unknown. Water for the property is sourced from unknown system. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with unknown control joints. The quality of the control joints have been graded by the local assessor with a letter grade of unknown. The condition of the building has been evaluated as unknown. The exterior walls of the home are made of unknown. As for heating, the home is utilizing unknown. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8225 Handley Avenue sold most recently in Oct 17, 2017 for a total of $165,000. If you work out the math, that's approximately a cost of $64.48 per sqft. Before that, the property was also sold for $248,000 in Aug 4, 1998. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $12,407 in taxes each year. 8225 Handley Avenue was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $1,023,027. If we break it down further, the land itself was valued at $637,718. Improvements to the property, however, were assessed at a total of $385,309. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

8225 Handley Avenue, Los Angeles, CA 90045


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