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1421 W 35Th Pl Los Angeles, CA 90018

$1,350,000 Sold Price as of 05/18/2021

9 Beds
4 Baths
2,900 Sq.Ft.

Sold

$1,350,000 Sold Price as of 05/18/2021 Refinance Your Mortgage

Map preview of 1421 W 35Th Pl, Los Angeles, CA 90018

Property Overview: 1421 W 35Th Pl Los Angeles, CA has 9 bedrooms, 4 bathrooms, 2,900 living square feet and 6,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible Triplex Apartment Opportunity with Great Cash Flow near USC. Vacant Lot in Rear for future Development. MAKE BEST OFFER SOON. SELLER IS LOCAL, AND WANTS TO REVIEW ALL WRITTEN OFFERS. Well-maintained bread-and-butter 3-Unit apartment building that generates $88,200 annually. LAR4 zoned lot. Un-tapped space in rear of almost 2,000 sq. ft rectangular footprint - could build multiple units in rear without disturbing existing dwelling. Easy ADU concept. All current units have their own (in-unit) washer & dryer hookups + kitchen appliances. Granite Counters. There is 1 unit that is available for view. PLEASE DO NOT DISTURB OTHER OCCUPANTS. Complex is well-maintained, gated & provides plenty of off-street parking. Seller is aware of bedroom discrepancy between title & actual. However, 9 bedrooms appear original. Excellent in-demand location near USC, Downtown, Leimert Park, and Sofi Stadium. Public Transportation nearby and easy access to 110 and I-10 freeways. Drive by, or call us to walk the site and see the vacant unit. Come Soon!

Listed by Rachel Hsieh | BRE #01913428 | Keller Williams Realty Los Feliz
Co-listed by Oliver Klein | BRE #02048270 | Keller Williams Realty Los Feliz

Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft: 6,800
HOA Dues: $0/mo
Year built: 1991
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21702036
City: Los Angeles
County: Los Angeles
Time on Site: 1168 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,550
Total Rent: $2,550
Pro Forma/Market Rent: $2,550

Unit Breakdown 2

# of Units: 1
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,400
Total Rent: $2,400
Pro Forma/Market Rent: $2,400

Unit Breakdown 3

# of Units: 1
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,400

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 15.3
Gross Scheduled Income: --
Net Operating Income: $64,166
Gross Operating Income: $85,554

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1421 W 35Th Pl

Interior Features

Cooling Information

No Cooling
None

Heating Information

Has Heating
Wall Furnace

Laundry Information

Has Laundry
Inside

Room Information

Converted Bedroom

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Guest, Parking Space, Driveway

Property Information

Total # of Units: 3
Parcel Number: 5041010004
Architectural Style: Traditional

Location / Neighborhood

Location Information

Directions: Near Normandie and Jefferson. Directly West of USC Campus.

View more facts & features

Local Los Angeles Agent

Sale History for 1421 W 35Th Pl

Last sold for $1,350,000 on May 18th, 2021

May, 2021
May 18, 2021

Date

Sold

CRMLS: 21702036

$1,350,000

Price
May 1, 2021

Date

Pending

CRMLS: 21702036

$1,350,000

Price
Apr 14, 2021

Date

Active Under Contract

CRMLS: 21702036

$1,350,000

Price
Mar 8, 2021

Date

Active

CRMLS: 21702036

$1,350,000

Price
April, 2016
Apr 27, 2016

Date

Sold (Public Records)

Public Records

--

Price
June, 2015
Jun 26, 2015

Date

Sold (Public Records)

Public Records

$644,500

Price

Tax History for 1421 W 35Th Pl

Assessed Value (2020): $844,295

Year	Land Value	Improved Value	Assessed Value
2020	$508,742	$335,553	$844,295

Home Value Compared to the Market

This property vs the competition

1421 W 35Th Pl sold on May 18, 2021 for 13.45% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $465.52 per/sqft which puts the price per square foot 38.34% lower than the current median sale per square foot for the city of Los Angeles.

About 1421 W 35Th Pl

Detailed summary of property

1421 W 35Th Pl is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 9 bedrooms, 4 bathrooms, roughly 2,900 living square feet, and sits on an approximately 6,800 square foot lot. 1421 W 35Th Pl was first listed on ArdentRealEstateGroup.com on March 8, 2021. The homeowner sold the property for $1,350,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 13.45% higher than the current median priced home. Local homes that are currently for sale include 1399 W 39th St, 1420 W 39th St and 3919 Halldale Ave. While the average home in Los Angeles, CA is selling in 92 days, 1421 W 35Th Pl has a days on market of 36 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1421 W 35Th Pl Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1421 W 35Th Pl

Public county record property details

Beds: 6
Baths: 4
Year built: 1991
Sq. Ft.: 2,900
Lot Size: 6,800
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 4
APN: 5041-010-004

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$949,000

Median List Price/Sq.Ft.

$629

Median Sold Price

$950,000

Median Sold Price/Sq.Ft.

$603

Total Inventory

Median Sale to List Price %

105.67%

Avg Days on Market

Loan Type

Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.