3109 S Canfield Ave, Los Angeles, CA 90034
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3109 S Canfield Ave Los Angeles, CA 90034

$3,880,000 Sold Price as of 08/19/2022
  • 14 Beds
  • 13 Baths
  • 7,157 Sq.Ft.
Sold
$3,880,000 Sold Price as of 08/19/2022 Refinance Your Mortgage

Map preview of 3109 S Canfield Ave, Los Angeles, CA 90034

Property Overview: 3109 S Canfield Ave Los Angeles, CA has 14 bedrooms, 13 bathrooms, 7,157 living square feet and 7,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present a fabulous 8 Unit apartment building located in a prime Palms location. Built in 1964, this 7,157 square foot impeccably renovated building is situated on a large 7,999 sq ft. lot. The property boasts an excellent mix of units consisting of Three 1 Bedroom + 1 Bath Units, Four 2 bedroom + 2 Bath Units, and One 3 Bedroom + 2 Bath Unit. Seven of the Eight Units have been fully remodeled and are equipped with new flooring, recessed lighting, crown molding, brand new stainless steel appliances (dishwasher, stove, refrigerator, and microwave), plentiful cabinet space, wall AC units in the living room and bedrooms, in-unit washer and dryer, and large bedrooms with mirror closets. The building has been partially re-plumbed with copper plumbing, a new roof was installed in 2019, and the Owners have also recently completed all earthquake retrofit work at the building. The property is near the intersection of S. Canfield Ave. & National Blvd.- just a short distance to Downtown Culver City. The building is less than 1 mile from the immensely popular new IVY station and Platform Developments where tenants can enjoy easy access to downtown Culver City shopping and restaurants.

Listed by Gary Fox | BRE #00847295 | Miller & Desatnik Realty Co.
Co-listed by Michael Wozniak | BRE #01856514 | Miller & Desatnik Realty Co.
Last checked: 10 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
7,999
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22145377
City
Los Angeles
County
Los Angeles
Time on Site
766 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,395
  • Total Rent: $7,185
  • Pro Forma/Market Rent: $7,185
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,573
  • Total Rent: $10,293
  • Pro Forma/Market Rent: $10,293
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,699
  • Total Rent: $3,699
  • Pro Forma/Market Rent: $3,699
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.54
  • Gross Scheduled Income: --
  • Net Operating Income: $160,852
  • Gross Operating Income: $246,504
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3109 S Canfield Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Gated
Property Information
  • Total # of Units: 8
  • Parcel Number: 4311022022
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Three blocks West of Robertson Blvd. One Half block North of National Blvd.
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Sale History for 3109 S Canfield Ave

Last sold for $3,880,000 on August 19th, 2022
  • August, 2022

  • Aug 19, 2022

    Date

    Sold

    CRMLS: 22145377

    $3,880,000

    Price

  • Apr 11, 2022

    Date

    Active

    CRMLS: 22145377

    $3,950,000

    Price

  • December, 2018

  • Dec 28, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2018

  • May 3, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3109 S Canfield Ave

Assessed Value (2020): $2,359,627
Year Land Value Improved Value Assessed Value
2020 $2,080,800 $278,827 $2,359,627

Home Value Compared to the Market

This property vs the competition

3109 S Canfield Ave sold on August 19, 2022 for 231.93% 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 $551.91 per/sqft which puts the price per square foot 26.9% lower than the current median sale per square foot for the city of Los Angeles.

About 3109 S Canfield Ave

Detailed summary of property

3109 S Canfield Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 14 bedrooms, 13 bathrooms, roughly 7,157 living square feet, and sits on an approximately 7,999 square foot lot. 3109 S Canfield Ave was first listed on ArdentRealEstateGroup.com on April 11, 2022. The homeowner sold the property for $3,880,000. 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 231.93% higher than the current median priced home. Local homes that are currently for sale include 2525 Hauser Blvd, 2301 Hauser Blvd and 1921 Carmona Ave. While the average home in Los Angeles, CA is selling in 94 days, 3109 S Canfield Ave has a days on market of 56 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 3109 S Canfield Ave Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3109 S Canfield Ave

Public county record property details
Beds
14
Baths
13
Year built
1964
Sq. Ft.
7,157
Lot Size
7,999
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
52
APN
4311-022-022

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,895,000
Median List Price/Sq.Ft.
$900
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
44
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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Related Resources to 3109 S Canfield Ave

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.