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3011 Virginia Rd, Los Angeles, CA 90016
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3011 Virginia Rd Los Angeles, CA 90016

$900,000 Sold Price as of 04/12/2022
  • 5 Beds
  • 3 Baths
  • 2,905 Sq.Ft.
Sold
$900,000 Sold Price as of 04/12/2022 Refinance Your Mortgage
Map preview of 3011 Virginia Rd, Los Angeles, CA 90016

Property Overview: 3011 Virginia Rd Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,905 living square feet and 6,155 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming triplex located in stable neighborhood and rapidly developing area of LA. Property is under LA City rent control and will remain in place with the sale of the property. Building needs some TLC to restore it to it's former glory. Property will be sold 100% AS IS, seller will issue no credits and will make no repairs. Offers subject to interior inspection. Please DO NOT walk onto the property or disturb the tenants. Probate, no court confirmation required. EMAIL AGENT WITH QUESTIONS.

Listed by Pila Jessie | BRE #01324968 | KHORR Realty
Last checked: 3 minutes ago | Last updated: April 16th, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,155
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22130477
City
Los Angeles
County
Los Angeles
Time on Site
839 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $733
  • Total Rent: $733
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $813
  • Total Rent: $813
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,545
  • Total Rent: $1,545
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 29.6
  • Gross Scheduled Income: --
  • Net Operating Income: $34,992
  • Gross Operating Income: $37,092
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3011 Virginia Rd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Gravity
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5050027042
Location / Neighborhood
Location Information
  • Directions: West of Crenshaw
View more facts & features

Local Los Angeles Agent

Sale History for 3011 Virginia Rd

Last sold for $900,000 on April 12th, 2022

  • April, 2022

  • Apr 12, 2022

    Date

    Sold

    CRMLS: 22130477

    $900,000

    Price

  • Feb 23, 2022

    Date

    Active

    CRMLS: 22130477

    $1,100,000

    Price

  • December, 2000

  • Dec 22, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2000

  • Oct 10, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3011 Virginia Rd

Assessed Value (2020): $345,032
Year Land Value Improved Value Assessed Value
2020 $192,888 $152,144 $345,032

Home Value Compared to the Market

This property vs the competition

3011 Virginia Rd sold on April 12, 2022 for 2.65% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $378.66 per/sqft which puts the price per square foot 49.78% lower than the current median sale per square foot for the city of Los Angeles.

About 3011 Virginia Rd

Detailed summary of property

3011 Virginia Rd is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,905 living square feet, and sits on an approximately 6,155 square foot lot. 3011 Virginia Rd was first listed on ArdentRealEstateGroup.com on February 24, 2022. The homeowner sold the property for $900,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 2.65% lower than the current median priced home. Local homes that are currently for sale include 2242 W 29th St, 2722 W 43rd Pl and 2121 Thurman Ave. While the average home in Los Angeles, CA is selling in 94 days, 3011 Virginia Rd has a days on market of 15 days. There are currently 3859 homes for sale in the Los Angeles real estate market and 2609 of them are single family homes while 1145 of them are condos and 99 are townhomes. For more information on this home for sale at 3011 Virginia Rd Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3011 Virginia Rd

Public county record property details
Beds
5
Baths
3
Year built
1951
Sq. Ft.
2,905
Lot Size
6,155
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
359
APN
5050-027-042

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,099,999
Median List Price/Sq.Ft.
$744
Median Sold Price
$1,150,000
Median Sold Price/Sq.Ft.
$742
Total Inventory
73
Median Sale to List Price %
95.91%
Avg Days on Market
31
Loan Type
Conventional (31.58%), FHA (0%), VA (0%), Cash (10.53%), Other (15.79%)

Thinking of Selling?

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(714) 706-1823

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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.

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