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8021 Towne Ave, Los Angeles, CA, 90003

1beds
1baths
440sqft
$490,000
$1,114price/sqft
$3,448/moest. monthly cost
$137,920/yrincome needed

About This Home

**THIS PROPERTY WILL REMAIN ON HOLD DUE TO TITLE CONFIRMATION BY ATTORNEYS & ANY FURTHER UPDATES WILL BE POSTED UPON CONFIRMATION** This property is being "SOLD AS-IS" in it's entirety condition without any further warranties and/or guarantees of any kind. Real Estate Agent(s)/Broker(s) and your buyer(s) are to do their own due diligence and investigation of any/all Los Angeles City/County Building & Safety Regulations and Laws pertaining to this property's status, square footages, etc. No responsibility of the sellers nor any of their real estate agent(s)/Broker(s), that may enter into a for sale transaction. **This single family residence shows as per property title report as a two(2) bedroom; however, the present physical condition only shows one(1) bedroom and one(1) full bathroom.** Escrow could be extended due to trust clarification process. *This property is right next to the *Vacant Land Lot on Towne Avenue, Los Angeles, CA MLS# 24-378471 is for sale. And also, 7908 Towne, Los Angeles, CA MLS# 24-344647 is for sale too* Sellers Have Selection Of All Services. Do Not Walk Onto The Properties And Do Not Disturb The Occupants, They Are Not Tenants! Thank You All For Your Interest & Have An Excellent Day!

Getting Around

66
WalkingSomewhat Walkable
59
TransitGood Transit
64
BikeBikeable

Schools

Construction

Condition

  • Year built: 1926

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Breakfast Area
  • Flooring: Mixed
  • Fireplace features: None

Heating & Cooling

  • Heating features: Wall
  • Cooling features: None

Interior Area

  • Total structure area: 440
  • Total interior livable area: 440 sqft

Property

Details

  • Parcel number: 6030020020
  • Zoning: LAR2
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 1,481 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,477$29,724
Home Insurance *$96$1,152
Property Taxes $477$5,724
Electricity $398$4,786
Total$3,448$41,376
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$118,217/yr
40% on housing$103,440/yr
45% on housing$91,946/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,114This listing

vs Other Active Listings

Avg $/sqft

ZIP 90003$340
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90003$502
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2024-08-11Listed for sale$490,000
2024-06-12Listing removed--
2024-04-16Price change$490,000
2024-04-10Listed for sale$500,000

For Sale by Agent

AgentCrystal Lee
BrokerageCrystal Lee, Broker

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