3004 Del Monte Dr, Los Angeles, CA 90026
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3004 Del Monte Dr Los Angeles, CA 90026

$1,300,000
  • 3 Beds
  • 2 Baths
  • 1,602 Sq.Ft.
For Sale
$1,300,000 Get Pre-Qualified

Map preview of 3004 Del Monte Dr, Los Angeles, CA 90026

Property Overview: 3004 Del Monte Dr Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,602 living square feet and 3,547 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: OPEN HOUSE SUNDAY JUNE 30th 10AM - 1PMCOME ON BY! Please contact Jeffrey Ahn with any questions you may have - 562-405-2720. www.3004Delmonte.com Priced well below the estimated value...Nestled in the vibrant heart of Silver Lake, 3004 Del Monte Drive offers a unique opportunity for both savvy investors and young families. This charming duplex features an owner-occupied unit with 2 bedrooms, 1 bathroom, a cozy back patio and garden perfect for entertaining, while the tenant-occupied unit includes 1 bedroom, 1 bathroom and a quaint courtyard for soaking up the California sun. Both units benefit from 2 detached garages (Could be converted to ADU(s)), providing ample storage or parking space. Directly across the street is the iconic Laurel and Hardy park. Silver Lake is renowned for its hip, artistic vibe, eclectic dining options, unique boutiques, and proximity to the iconic Silver Lake Reservoir and Sunset Boulevard. Whether you're looking to live in one unit and rent out the other, or add this gem to your investment portfolio, this property offers steady rental income potential and future appreciation in one of Los Angeles' most sought-after neighborhoods. Experience urban living with a touch of tranquility at 3004 Del Monte Drive your gateway to the quintessential Silver Lake lifestyle. Proforma CAP rate of 4.9%. *PLEASE DO NOT DISTURB OCCUPANTS* - Showings of the second unit with accepted offer!

Listed by Janine Jabro | BRE #02185723 | Oasis Realty Group
Co-listed by Eric Mandell | BRE #01904203 | Oasis Realty Group
Last checked: 7 minutes ago | Last updated: June 24th, 2024 | Source CRMLS | DOM: 23
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Home details

Lot Sq. Ft
3,547
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
24399313
City
Los Angeles
County
Los Angeles
Time on Site
22 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.47
  • Gross Scheduled Income: --
  • Net Operating Income: $63,754
  • Gross Operating Income: $84,000
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 3004 Del Monte Dr

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Property Details for 3004 Del Monte Dr

Interior Features
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Dryer Included
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Has View
  • Total # of Units: 2
  • Parcel Number: 5426018029
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: From the North:Take I-5 South: Head south on I-5.Exit onto Glendale Blvd: Take exit 138B toward Glendale Blvd.Merge onto Glendale Blvd: Continue on Glendale Blvd for about 1.8 miles.Turn Right onto Silver Lake Blvd: Turn right onto Silver Lake Blvd. Turn Left onto Effie St: Turn left onto Effie St.Turn Right onto Del Monte Drive
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Sale History for 3004 Del Monte Dr

Last sold for $70,000 on June 26th, 2014
  • June, 2024

  • Jun 3, 2024

    Date

    Active

    CRMLS: 24399313

    $1,300,000

    Price

  • June, 2014

  • Jun 26, 2014

    Date

    Sold (Public Records)

    Public Records

    $70,000

    Price

  • March, 2004

  • Mar 2, 2004

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

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Tax History for 3004 Del Monte Dr

Assessed Value (2020): $638,849
Year Land Value Improved Value Assessed Value
2020 $511,083 $127,766 $638,849

Home Value Compared to the Market

This property vs the competition

3004 Del Monte Dr is listed 4.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $811.49 per/sqft which puts the price per square foot 4.3% higher than the median price per square foot for the city of Los Angeles.

About 3004 Del Monte Dr

Detailed summary of property

3004 Del Monte Dr is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 3 bedrooms, 2 bathrooms, roughly 1,602 living square feet, and sits on an approximately 3,547 square foot lot. 3004 Del Monte Dr was first listed on ArdentRealEstateGroup.com on June 3, 2024. The homeowner is currently asking $1,300,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.08% higher than the median priced home. Local competing homes currently for sale include 319 N Commonwealth Ave, 1922 Santa Ynez St and 1932 Park Ave. While the average home in Los Angeles, CA is selling in 98 days, 3004 Del Monte Dr has a days on market of 23 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 3004 Del Monte Dr Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3004 Del Monte Dr

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,602
Lot Size
3,545
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5426-018-029

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,250,000
Median List Price/Sq.Ft.
$820
Median Sold Price
$1,540,000
Median Sold Price/Sq.Ft.
$1,098
Total Inventory
76
Median Sale to List Price %
110.39%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

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Related Resources to 3004 Del Monte Dr

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.