3010 Minnesota St, Los Angeles, CA 90031
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3010 Minnesota St Los Angeles, CA 90031

$645,000 Sold Price as of 08/18/2023
  • 3 Beds
  • 2 Baths
  • 1,424 Sq.Ft.
Sold
$645,000 Sold Price as of 08/18/2023 Refinance Your Mortgage

Map preview of 3010 Minnesota St, Los Angeles, CA 90031

Property Overview: 3010 Minnesota St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,424 living square feet and 3,801 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: HOT! HOT! HOT! DUPLEX 3010 Minnesota St & 2618 Johnston St. Investment opportunity in the heart of Lincoln Heights, a great addition to any portfolio. This duplex offers stunning views of the Downtown Los Angeles skyline and is minutes away from the hustle and bustle of DTLA. Nestled in a quiet neighborhood with plenty of parking and wide streets, your next investment features two-story duplexes with plenty of room and opportunity for you to add your personal flair. Don't miss this opportunity to expand your portfolio in this up-and-coming neighborhood, schedule your your appointment with me today!

Listed by Edgar Navarro | BRE #01769522 | Century 21 Allstars
Last checked: 15 minutes ago | Last updated: August 26th, 2023 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
3,801
HOA Dues
$0/mo
Year built
1932
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
DW23106961
City
Los Angeles
County
Los Angeles
Time on Site
462 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $920
  • Total Rent: $920
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $638
  • Total Rent: $638
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $18,696
  • Net Operating Income: $10,380
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,316
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $480
  • Insurance: $1,296
  • Water/Sewer: $2,160

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Property Details for 3010 Minnesota St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5208001002
  • Year Built Source: Public Records
  • Entry Level: 2
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: two blocks NORTH of Broadway St. Take Jhonson St NORTH.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 3010 Minnesota St

Last sold for $645,000 on August 18th, 2023
  • August, 2023

  • Aug 18, 2023

    Date

    Sold

    CRMLS: DW23106961

    $645,000

    Price

  • Jun 15, 2023

    Date

    Active

    CRMLS: DW23106961

    $649,000

    Price

  • March, 2022

  • Mar 2, 2022

    Date

    Hold

    CRMLS: DW22010445

    $990,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity in the heart of Lincoln Heights, a great addition to any portfolio. This duplex offers stunning views of the Downtown Los Angeles skyline and is minutes away from the hustle and bustle of DTLA. Nestled in a quiet neighborhood with plenty of parking and wide streets, your next investment features two-story duplexes with plenty of room and opportunity for you to add your personal flair. Don't miss this opportunity to expand your portfolio in this up-and-coming neighborhood, schedule your your appointment with me today!

  • January, 2021

  • Jan 21, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2019

  • Nov 14, 2019

    Date

    Sold (Public Records)

    Public Records

    $455,000

    Price

Show More

Tax History for 3010 Minnesota St

Assessed Value (2020): $464,100
Year Land Value Improved Value Assessed Value
2020 $346,800 $117,300 $464,100

Home Value Compared to the Market

This property vs the competition

3010 Minnesota St sold on August 18, 2023 for 42.05% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $455.76 per/sqft which puts the price per square foot 37.05% lower than the current median sale per square foot for the city of Los Angeles.

About 3010 Minnesota St

Detailed summary of property

3010 Minnesota St is a duplex that recently sold in Los Angeles, CA 90031. This duplex offered 3 bedrooms, 2 bathrooms, roughly 1,424 living square feet, and sits on an approximately 3,801 square foot lot. 3010 Minnesota St was first listed on ArdentRealEstateGroup.com on June 16, 2023. The homeowner sold the property for $645,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 42.05% lower than the current median priced home. Local homes that are currently for sale include 322 N Townsend Ave, 120 S Sunol Dr and 1160 S Dacotah St. While the average home in Los Angeles, CA is selling in 106 days, 3010 Minnesota St has a days on market of 15 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3010 Minnesota St 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 3010 Minnesota St

Public county record property details
Beds
2
Baths
2
Year built
1932
Sq. Ft.
1,424
Lot Size
3,801
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5208-001-002

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
$849,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$825,000
Median Sold Price/Sq.Ft.
$628
Total Inventory
38
Median Sale to List Price %
99.64%
Avg Days on Market
42
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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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.