2318 Glover Pl #3, Los Angeles, CA 90031
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2318 Glover Pl #3 Los Angeles, CA 90031

$1,890,000 Sold Price as of 08/28/2023
  • 8 Beds
  • 4 Baths
  • 3,008 Sq.Ft.
Sold
$1,890,000 Sold Price as of 08/28/2023 Refinance Your Mortgage

Map preview of 2318 Glover Pl #3, Los Angeles, CA 90031

Property Overview: 2318 Glover Pl #3 Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,008 living square feet and 4,593 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rarely does an investment property like this come onto the market – 100% vacant and ready for its new owner to seize the opportunity. In the highly sought-after Frog Town neighborhood, this 4-unit property stands as a blank canvas for investors seeking to make their mark in Los Angeles' flourishing real estate landscape. This fully remodeled 4-unit property offers the best of urban living, making it perfect for investors and owner-occupiers alike. Each unit has been meticulously upgraded, featuring chic finishes and an abundance of natural light. Perfect for 1031 exchange buyers as this property leaves you with little to worry about in terms of maintenance. Its appeal to potential tenants or future buyers is undeniable, given its prime location and contemporary features. With the flexibility to live in one unit and rent out the others or lease all four, the potential for substantial cash flow is undeniable. Additionally, take advantage of the property's zoning to add an ADU to the front, unlocking even more upside potential. Don't miss your chance to be part of this thriving community and invest in a property poised for lasting success in the Los Angeles real estate market. Contact us now to seize this exceptional opportunity.

Listed by Andrew Daggett | BRE #01907058 | The Associates Realty Group
Last checked: 1 minute ago | Last updated: March 6th, 2024 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
4,593
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
OC23138775
City
Los Angeles
County
Los Angeles
Time on Site
295 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 2318 Glover Pl #3

Interior Features
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Balcony, Ceiling Fan(s), Open Floorplan
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5445018005
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Riverside Dr and Glover Place
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 2318 Glover Pl #3

Last leased for $3,600 on March 6th, 2024
  • March, 2024

  • Mar 6, 2024

    Date

    Leased

    CRMLS: 23341455

    $3,600

    Price

  • Jan 3, 2024

    Date

    Active

    CRMLS: 23341455

    $3,750

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled home in one of LA's trendiest neighborhoods! Here's your rare chance to live in the vibrant and creative neighborhood of Frogtown/Elysian Valley. This beautiful modern home boasts an open layout, stainless steel appliances, in-unit washer/dryer and plenty of storage space. A community space tucked away in the back of the building offers a great retreat for enjoying a cup of coffee or having a get together with friends and family. Located just blocks from the LA River bike/jogging path, take the scenic route and enjoy the lush green nature and wildlife along the river bed. Take a break and pop over to La Colombe for a latte or to Just What I Kneaded for incredibly delicious vegan goodies. Enjoy other local favorites like Salazar, Spoke Cafe, Wax Paper, Frogtown Brewery and so much more. This home's prime location has easy access to all major freeways and is minutes away from Silverlake, Atwater Village, Highland Park and Downtown LA. Inquire now!

  • December, 2023

  • Dec 23, 2023

    Date

    Canceled

    CRMLS: 23305365

    $3,800

    Price

  • Aug 30, 2023

    Date

    Active

    CRMLS: 23305365

    $3,995

    Price

  • Listing provided courtesy of CRMLS

    Fully remodeled home in one of LA's trendiest neighborhoods! Here's your rare chance to live in the vibrant and creative neighborhood of Frogtown/Elysian Valley. This beautiful modern home boasts an open layout, stainless steel appliances, in-unit washer/dryer and plenty of storage space. A community space tucked away in the back of the building offers a great retreat for enjoying a cup of coffee or having a get together with friends and family. Located just blocks from the LA River bike/jogging path, take the scenic route and enjoy the lush green nature and wildlife along the river bed. Take a break and pop over to La Colombe for a latte or to Just What I Kneaded for incredibly delicious vegan goodies. Enjoy other local favorites like Salazar, Spoke Cafe, Wax Paper, Frogtown Brewery and so much more. This home's prime location has easy access to all major freeways and is minutes away from Silverlake, Atwater Village, Highland Park and Downtown LA. Inquire now!

  • August, 2023

  • Aug 28, 2023

    Date

    Sold

    CRMLS: OC23138775

    $1,890,000

    Price

  • Jul 28, 2023

    Date

    Active

    CRMLS: OC23138775

    $1,999,900

    Price

Show More

Tax History for 2318 Glover Pl #3

Assessed Value (2020): $84,454
Year Land Value Improved Value Assessed Value
2020 $24,404 $60,050 $84,454

Home Value Compared to the Market

This property vs the competition

2318 Glover Pl #3 sold on August 28, 2023 for 68.06% 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 $664.86 per/sqft which puts the price per square foot 11.94% lower than the current median sale per square foot for the city of Los Angeles.

About 2318 Glover Pl #3

Detailed summary of property

2318 Glover Pl #3 is a fourplex that recently sold in Los Angeles, CA 90031. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 3,008 living square feet, and sits on an approximately 4,593 square foot lot. 2318 Glover Pl #3 was first listed on ArdentRealEstateGroup.com on July 28, 2023. The homeowner sold the property for $1,890,000. 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 68.06% higher than the current median priced home. Local homes that are currently for sale include 2250 Duane, 961 E Edgeware Rd and 860 N Bunker Hill Ave. While the average home in Los Angeles, CA is selling in 92 days, 2318 Glover Pl #3 has a days on market of 11 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 2318 Glover Pl #3 Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2318 Glover Pl #3

Public county record property details
Beds
7
Baths
4
Year built
1965
Sq. Ft.
3,008
Lot Size
4,593
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5445-018-005

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$661
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
36
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

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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.