1901 W 3Rd St Los Angeles, CA 90057

$--

-- Beds
-- Baths
15,753 Sq.Ft.

Off Market

Map preview of 1901 W 3Rd St, Los Angeles, CA 90057

Property Overview: 1901 W 3Rd St Los Angeles, CA has -- bedrooms, -- bathrooms, 15,753 living square feet and 10,064 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1901 W 3Rd St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $249,800 for the down payment and will need roughly $24,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $52,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1901 W 3Rd St

Last sold on October 3rd, 2005

July, 2023
Jul 24, 2023

Date

Expired

CRMLS: 23247929

$6,800,000

Price
Jan 23, 2023

Date

Active

CRMLS: 23247929

$7,295,000

Price
Listing provided courtesy of CRMLS

The opportunity to acquire 1901-1913 West 3rd Street, a turnkey 41-unit apartment community located less than one mile west from Downtown Los Angeles. The property is located in one of the fastest growing pockets of Los Angeles. The property's transit-oriented and highly walkable location offers residents access to the top job centers in Los Angeles, an emerging dining and nightlife scene, and plentiful recreational and cultural amenities. The property is located on the northwest corner of West 3rd Street and Bonnie Brae street, and consists of two parcels, totally 20,282 square feet of land zoned C2. There are 41 total units, including a 34-unit apartment building at 1901 West 3rd street and two structures located at 1913 West Third Street; a stand alone back house and a 3,400 square foot Victorian house that has been converted into a 6-unit apartment building. The property is gated with 24 parking spaces and is separately metered for gas and electric. This pride of ownership property has had 70% +/- of the units renovated, with approximately 25% rental upside. While the exorbitant costs of home ownership and high barriers to entry for new rental developments continue to fuel strong submarket fundamentals, 1901-1913 W 3rd Street is well positioned to provide consistent returns for investors.

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October, 2005
Oct 3, 2005

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1901 W 3Rd St

Assessed Value (2020): $2,697,365

Year	Land Value	Improved Value	Assessed Value
2020	$2,465,969	$231,396	$2,697,365

About 1901 W 3Rd St

Detailed summary of property

1901 W 3Rd St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90057 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 15,753 living square feet, and sits on an approximately 10,064 square foot lot. Homes in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Local nearby listings include 1234 Wilshire Blvd #607, 1234 Wilshire Blvd #318 and 1329 Linwood Ave. The average home in Los Angeles, CA is selling in 97 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. If you are the homeowner and looking to sell the home at 1901 W 3Rd St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1901 W 3Rd St

Public county record property details

Beds: --
Baths: --
Year built: 1923
Sq. Ft.: 15,753
Lot Size: 10,064
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 29-31
APN: 5154-020-026

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$475,000

Median List Price/Sq.Ft.

$538

Median Sold Price

$850,000

Median Sold Price/Sq.Ft.

$647

Total Inventory

Median Sale to List Price %

96.82%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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