3151 Farnsworth Ave, Los Angeles, CA 90032
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3151 Farnsworth Ave Los Angeles, CA 90032

$982,000 Sold Price as of 10/18/2021
  • 9 Beds
  • 5 Baths
  • 3,640 Sq.Ft.
Sold
$982,000 Sold Price as of 10/18/2021 Refinance Your Mortgage

Map preview of 3151 Farnsworth Ave, Los Angeles, CA 90032

Property Overview: 3151 Farnsworth Ave Los Angeles, CA has 9 bedrooms, 5 bathrooms, 3,640 living square feet and 7,114 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity! This well-maintained duplex income property is located in the highly desirable area of Alhambra's and South Pasadena's neighborhood and just mile from Costco. This single house was built on 1992 and upgraded into Duplex in 2016. Which has 4 bedroom/2 bath in the front, 5 bedroom/3 bath(currently rent to 2 families 3bed/2bth and 2bed/1bth)in the back . Each unit has it's own entrance, kitchen and laundry's hook-up, long driveway to detached two-car garage and three-car parking space, two central A/C & 3 electrical meters.

Listed by ANNE LUONG | BRE #01747782 | Pinnacle Real Estate Group
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
7,114
HOA Dues
$0/mo
Year built
1992
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
WS21164591
City
Los Angeles
County
Los Angeles
Time on Site
1149 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,780
  • Total Rent: $21,360
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,760
  • Total Rent: $33,120
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $54,480
  • Net Operating Income: $42,480
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 3151 Farnsworth Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, See Remarks
Heating Information
  • Has Heating
  • Central, Solar
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • Has Fireplace
  • See Remarks
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
  • Free-Standing Range, Microwave
Interior Features
  • Levels: Two
  • Window Features: Wood Frames
  • Security Features: Gated Community
  • Door Features: Storm Door(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Carport, Garage Faces Rear, Garage - Two Door, Side by Side
Lot Information
  • Lot Features: 2-5 Units/Acre, Level with Street, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 5220009025
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: Alhambra Ave and Warwick Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 3151 Farnsworth Ave

Last sold for $982,000 on October 18th, 2021
  • August, 2021

  • Aug 22, 2021

    Date

    Hold

    CRMLS: WS21164591

    $998,000

    Price

  • Jul 28, 2021

    Date

    Active

    CRMLS: WS21164591

    $998,000

    Price

  • November, 2013

  • Nov 8, 2013

    Date

    Sold (Public Records)

    Public Records

    $468,500

    Price

  • March, 2013

  • Mar 14, 2013

    Date

    Sold (Public Records)

    Public Records

    $662,417

    Price

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Tax History for 3151 Farnsworth Ave

Assessed Value (2020): $525,694
Year Land Value Improved Value Assessed Value
2020 $420,333 $105,361 $525,694

Home Value Compared to the Market

This property vs the competition

3151 Farnsworth Ave sold on October 18, 2021 for 10.89% 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 $274.18 per/sqft which puts the price per square foot 62.13% lower than the current median sale per square foot for the city of Los Angeles.

About 3151 Farnsworth Ave

Detailed summary of property

3151 Farnsworth Ave is a duplex that recently sold in Los Angeles, CA 90032. This duplex offered 9 bedrooms, 5 bathrooms, roughly 3,640 living square feet, and sits on an approximately 7,114 square foot lot. 3151 Farnsworth Ave was first listed on ArdentRealEstateGroup.com on July 28, 2021. The homeowner sold the property for $982,000. 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 10.89% lower than the current median priced home. Local homes that are currently for sale include 6442 Roble Ave, 327 S Avenue 57 and 301 S Avenue 55. While the average home in Los Angeles, CA is selling in 106 days, 3151 Farnsworth Ave has a days on market of 25 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 3151 Farnsworth Ave Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3151 Farnsworth Ave

Public county record property details
Beds
9
Baths
5
Year built
1992
Sq. Ft.
3,640
Lot Size
7,132
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5220-009-025

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,900
Median List Price/Sq.Ft.
$633
Median Sold Price
$765,000
Median Sold Price/Sq.Ft.
$711
Total Inventory
58
Median Sale to List Price %
109.44%
Avg Days on Market
22
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (16.67%), Other (25%)

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Related Resources to 3151 Farnsworth 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.