1476 W 35th St, Los Angeles, CA 90018
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1476 W 35th St Los Angeles, CA 90018

$1,250,000 Sold Price as of 12/31/2019
  • 10 Beds
  • 3 Baths
  • 3,780 Sq.Ft.
Sold
$1,250,000 Sold Price as of 12/31/2019 Refinance Your Mortgage

Map preview of 1476 W 35th St, Los Angeles, CA 90018

Property Overview: 1476 W 35th St Los Angeles, CA has 10 bedrooms, 3 bathrooms, 3,780 living square feet and 6,798 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Triplex located in the highly sought-after, transitioning area of West Adams, and located within walking distance of USC campus. Built in 2005, the 3,780 square foot building consists of an excellent unit mix of two spacious 3 bedroom 1 bath units, including one vacant, and a 4 bedroom 1 bath unit. There is ample parking with 7-8 parking spaces and central AC and heating. This stable income property is strategically located directly in the path of growth, within walking distance of the Expo/Western and Expo/Vermont light rail stations, the USC Campus, and the $1 Billion project currently under construction to house the Lucas Museum of Narrative Arts.

Listed by Darin Spillman | BRE #01366902 | Kidder Mathews of California, Inc.
Co-listed by Jay Martinez | BRE #01954238 | Hudson Commercial Partners, Inc.
Last checked: 37 seconds ago | Last updated: July 29th, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
6,798
HOA Dues
$0/mo
Year built
2005
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19527338
City
Los Angeles
County
Los Angeles
Time on Site
1223 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: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $3,350
  • Pro Forma/Market Rent: $3,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.7
  • Gross Scheduled Income: --
  • Net Operating Income: $56,291
  • Gross Operating Income: $82,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1476 W 35th St

Interior Features
Heating Information
  • Has Heating
  • Central
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5041009014
Location / Neighborhood
Location Information
  • Directions: one block south of Jefferson Blvd., just west of Normandie Ave.
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Sale History for 1476 W 35th St

Last sold for $1,250,000 on December 31st, 2019
  • January, 2020

  • Jan 6, 2020

    Date

    Sold

    CRMLS: 19527338

    $1,250,000

    Price

  • Nov 5, 2019

    Date

    Active

    CRMLS: 19527338

    $1,300,000

    Price

  • December, 2019

  • Dec 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,250,000

    Price

  • June, 2018

  • Jun 22, 2018

    Date

    Sold

    CRMLS: DW18092235

    $1,050,000

    Price

  • May 18, 2018

    Date

    Active Under Contract

    CRMLS: DW18092235

    $1,100,000

    Price

  • May 11, 2018

    Date

    Price Change

    CRMLS: DW18092235

    $1,100,000

    Price

  • Apr 21, 2018

    Date

    Price Change

    CRMLS: DW18092235

    $1,288,000

    Price

  • Apr 21, 2018

    Date

    Price Change

    CRMLS: DW18092235

    $1,280,000

    Price

  • Apr 21, 2018

    Date

    Active

    CRMLS: DW18092235

    $12,800,000

    Price

  • Listing provided courtesy of CRMLS

    This beauty was built in 2005 , property is not under rent control ordinance, 2 spacious 3 bedroom and 1 hUGE 4 bedroom , MUST see near USC

  • June, 2018

  • Jun 21, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,050,000

    Price

  • March, 2018

  • Mar 8, 2018

    Date

    Sold

    CRMLS: 18304978

    $823,800

    Price

  • Jan 22, 2018

    Date

    Pending

    CRMLS: 18304978

    $825,000

    Price

  • Jan 19, 2018

    Date

    Active

    CRMLS: 18304978

    $825,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic opportunity to own a great income producing property in one the hottest areas of Los Angeles. This West Adams Triplex has been lovingly maintained for quite some time. These three oversized units are all separately metered and located near Downtown Los Angeles, USC, New Soccer Stadium, New Lucas Museum and access to the train and other public transportation. Don't miss out on this great investment!

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Tax History for 1476 W 35th St

Assessed Value (2020): $1,250,000
Year Land Value Improved Value Assessed Value
2020 $900,000 $350,000 $1,250,000

Home Value Compared to the Market

This property vs the competition

1476 W 35th St sold on December 31, 2019 for 9.24% 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 $343.92 per/sqft which puts the price per square foot 54.45% lower than the current median sale per square foot for the city of Los Angeles.

About 1476 W 35th St

Detailed summary of property

1476 W 35th St is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 10 bedrooms, 3 bathrooms, roughly 3,780 living square feet, and sits on an approximately 6,798 square foot lot. 1476 W 35th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,250,000. 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 9.24% higher than the current median priced home. Local homes that are currently for sale include 1420 W 39th St, 1805 W 35th St and 3877 Denker Ave. While the average home in Los Angeles, CA is selling in 92 days, 1476 W 35th St has a days on market of 26 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 1476 W 35th St 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 1476 W 35th St

Public county record property details
Beds
6
Baths
3
Year built
2005
Sq. Ft.
3,780
Lot Size
6,798
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
5041-009-014

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
52
Median Sale to List Price %
105.67%
Avg Days on Market
29
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.