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3016 E 1St St, Los Angeles, CA 90063
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3016 E 1St St Los Angeles, CA 90063

$990,000
  • 8 Beds
  • 3 Baths
  • 2,778 Sq.Ft.
For Sale
$990,000 Get Pre-Qualified
Map preview of 3016 E 1St St, Los Angeles, CA 90063

Property Overview: 3016 E 1St St Los Angeles, CA has 8 bedrooms, 3 bathrooms, 2,778 living square feet and 7,493 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: Unlock the potential of this unique investment opportunity with a triplex perfectly located just minutes from downtown Los Angeles. This property features a total of 8 bedrooms and 3 bathrooms, divided among three spacious units. The first unit offers 3 bedrooms and 1 bathroom, the second unit includes 3 bedrooms and 1 bathroom, and the third unit comprises 2 bedrooms and 1 bathroom. Imagine the benefits of owning a property in a prime location with easy access to top-notch local amenities, reputable schools, and convenient transportation options. Situated near some of the area's famous Mercadito shopping centers and Mariachi Plaza, this triplex offers unparalleled convenience and cultural richness. Additionally, billboard advertising is allowed, providing an extra revenue stream potential. Do not miss this opportunity to own it. Property to be delivered occupied.

Listed by Melissa Duran | BRE #01882824 | Equity Union
Last checked: 11 minutes ago | Last updated: June 22nd, 2024 | Source CRMLS | DOM: 85
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Home details

Lot Sq. Ft
7,493
HOA Dues
$0/mo
Year built
1947
Garage
1 Car
Property Type:
Triplex
Status
Active
MLS#
SR24115466
City
Los Angeles
County
Los Angeles
Time on Site
103 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Total Rent: $1,550
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Total Rent: $1,625
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
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 3016 E 1St St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5179002004
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Close to the Evergreen Cemetery
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 3016 E 1St St

Last sold for $916,000 on September 23rd, 2022

  • June, 2024

  • Jun 12, 2024

    Date

    Active

    CRMLS: SR24115466

    $990,000

    Price

  • September, 2022

  • Sep 23, 2022

    Date

    Sold

    CRMLS: HD22053006

    $916,000

    Price

  • Mar 18, 2022

    Date

    Active

    CRMLS: HD22053006

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Triplex Available 3 units all tenant occupied.Billboard advertising allowed zoned LA C-2 please buyers verify with city on allowable uses triplex is on a heavy walk and drive by traffic close to El Mercadito shopping area. Unit#1. 3bd 1bth #2. 2bd 1bth #3. 3bd 1bth also 2 car detached garage.

  • September, 2005

  • Sep 26, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 1998

  • Apr 1, 1998

    Date

    Sold (Public Records)

    Public Records

    $160,000

    Price

Show More

Tax History for 3016 E 1St St

Assessed Value (2020): $336,709
Year Land Value Improved Value Assessed Value
2020 $170,140 $166,569 $336,709

Home Value Compared to the Market

This property vs the competition

3016 E 1St St is listed 17.5% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $356.37 per/sqft which puts the price per square foot 53.6% lower than the median price per square foot for the city of Los Angeles.

About 3016 E 1St St

Detailed summary of property

3016 E 1St St is a triplex located in Los Angeles, CA 90063 and is currently for sale. This triplex offers 8 bedrooms, 3 bathrooms, roughly 2,778 living square feet, and sits on an approximately 7,493 square foot lot. 3016 E 1St St was first listed on ArdentRealEstateGroup.com on June 7, 2024. The homeowner is currently asking $990,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 17.5% lower than the median priced home. Local competing homes currently for sale include 3412 E 3rd St, 631 S Evergreen Ave and 631 S Evergreen Ave. While the average home in Los Angeles, CA is selling in 106 days, 3016 E 1St St has a days on market of 85 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 3016 E 1St St Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3016 E 1St St

Public county record property details
Beds
8
Baths
3
Year built
1947
Sq. Ft.
2,778
Lot Size
7,491
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,4,7
APN
5179-002-004

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$675,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
42
Median Sale to List Price %
100.17%
Avg Days on Market
57
Loan Type
Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

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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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