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3112 S Canfield Ave, Los Angeles, CA 90034
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3112 S Canfield Ave Los Angeles, CA 90034

$2,770,000 Sold Price as of 08/06/2021
  • 16 Beds
  • 8 Baths
  • 7,550 Sq.Ft.
Sold
$2,770,000 Sold Price as of 08/06/2021 Refinance Your Mortgage
Map preview of 3112 S Canfield Ave, Los Angeles, CA 90034

Property Overview: 3112 S Canfield Ave Los Angeles, CA has 16 bedrooms, 8 bathrooms, 7,550 living square feet and 8,004 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Price reduced $300,000! Seller motivated. Well maintained, 8 units located in the prime - and high-rental demand - Palms area of the Westside. Six 2-bedroom, 1.5-bath units; one 3-bedroom 1.5-bath and one 1-bedroom 1-bath. Great commuter location. Copper plumbing, 11 parking places and on-site laundry. 6 of 8 units not rented and awaiting remodeling and significantly higher rents. This property is also offered as part of five building portfolio (see attached Offering Memorandum). Shown on accepted offers only. Please do not disturb the tenants or sellers.

Listed by DANIEL CORCORAN | BRE #00451125 | Corcoran Group of California Inc.
Co-listed by KIM SUMAN | BRE #01437996 | Corcoran Group of California Inc.
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 75

Home details

Lot Sq. Ft
8,004
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
EV21079514
City
Los Angeles
County
Los Angeles
Time on Site
1099 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,819
  • Total Rent: $21,828
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,309
  • Total Rent: $27,708
  • Pro Forma/Market Rent: $2,599
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $37,200
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $226,688
  • Net Operating Income: $171,481
  • Gross Operating Income: $219,887
  • Vacancy Allowance: $6,801
Annual Expense Breakdown
  • Total Operating Expense: $48,406
  • Electric: $8,575
  • Gas/Fuel: $0
  • New Taxes: $17,131
  • Trash: $3,300
  • Insurance: $2,644
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 3112 S Canfield Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 4311026018
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 10 to National Blvd, South on Canfield
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 3112 S Canfield Ave

Last sold for $2,770,000 on August 6th, 2021

  • August, 2021

  • Aug 23, 2021

    Date

    Sold

    CRMLS: EV21079514

    $2,770,000

    Price

  • Jun 30, 2021

    Date

    Pending

    CRMLS: EV21079514

    $3,100,000

    Price

  • Apr 15, 2021

    Date

    Active

    CRMLS: EV21079514

    $3,100,000

    Price

  • April, 2021

  • Apr 1, 2021

    Date

    Expired

    CRMLS: EV20177065

    $3,100,000

    Price

  • Feb 13, 2021

    Date

    Price Change

    CRMLS: EV20177065

    $3,100,000

    Price

  • Nov 29, 2020

    Date

    Price Change

    CRMLS: EV20177065

    $3,250,000

    Price

  • Oct 5, 2020

    Date

    Price Change

    CRMLS: EV20177065

    $3,400,000

    Price

  • Aug 30, 2020

    Date

    Active

    CRMLS: EV20177065

    $3,499,000

    Price

  • Listing provided courtesy of CRMLS

    Price reduced $300,000! Seller motivated. Well maintained, 8 units located in the prime - and high-rental demand - Palms area of the Westside. Six 2-bedroom, 1.5-bath units; one 3-bedroom 1.5-bath and one 1-bedroom 1-bath. Great commuter location. Copper plumbing, 11 parking places and on-site laundry. 6 of 8 units not rented and awaiting remodeling and significantly higher rents. This property is also offered as part of five building portfolio (see attached Offering Memorandum). Shown on accepted offers only. Please do not disturb the tenants.

  • August, 2015

  • Aug 13, 2015

    Date

    Price Change

    CRMLS: 05044003

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    This property is located in a prime Palms area. 8 units with a great unit mix. All copper plumbing. This is a very desirable rental area.

  • November, 2005

  • Nov 17, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,316,000

    Price

  • January, 1998

  • Jan 16, 1998

    Date

    Sold (Public Records)

    Public Records

    $490,000

    Price

Show More

Tax History for 3112 S Canfield Ave

Assessed Value (2020): $1,644,823
Year Land Value Improved Value Assessed Value
2020 $1,249,564 $395,259 $1,644,823

Home Value Compared to the Market

This property vs the competition

3112 S Canfield Ave sold on August 6, 2021 for 160.5% 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 $410.6 per/sqft which puts the price per square foot 45.62% lower than the current median sale per square foot for the city of Los Angeles.

About 3112 S Canfield Ave

Detailed summary of property

3112 S Canfield Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 16 bedrooms, 8 bathrooms, roughly 7,550 living square feet, and sits on an approximately 8,004 square foot lot. 3112 S Canfield Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $2,770,000. 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 160.5% higher than the current median priced home. Local homes that are currently for sale include 1508 S Durango Ave, 1526 S Wooster St and 3729 Glendon Ave. While the average home in Los Angeles, CA is selling in 94 days, 3112 S Canfield Ave has a days on market of 75 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 3112 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 3112 S Canfield Ave

Public county record property details
Beds
16
Baths
14
Year built
1964
Sq. Ft.
7,550
Lot Size
8,004
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
48
APN
4311-026-018

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%)

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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