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3156 Fairmount St, Los Angeles, CA 90063
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3156 Fairmount St Los Angeles, CA 90063

$664,500 Sold Price as of 11/17/2022
  • 5 Beds
  • 2 Baths
  • 1,775 Sq.Ft.
Sold
$664,500 Sold Price as of 11/17/2022 Refinance Your Mortgage
Map preview of 3156 Fairmount St, Los Angeles, CA 90063

Property Overview: 3156 Fairmount St Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,775 living square feet and 5,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: well maintained duplex in East Los Angeles, property contain front unit has 3 bedrooms 1 full bath & back unit has 2 bedrooms 1 full bath, detached 3 car garage an a attached storage room, long driveway with an space for 2 more cars, property is fenced all around, seller maintain this property in a nice clean condition, long term tenants they pay on time, first time buyers or investors this is the property that you are looking to purchase, drive by only, do not bother tenants please!!! SELLER WILL CREDIT RELOCATION FEES FOR BOTH UNITS!!!!

Listed by ENRIQUE CASTELLANOS | BRE #00877805 | FRIENDLY HILLS REALTY
Last checked: 1 minute ago | Last updated: November 18th, 2022 | Source CRMLS | DOM: 74

Home details

Lot Sq. Ft
5,200
HOA Dues
$0/mo
Year built
1950
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
WS22166508
City
Los Angeles
County
Los Angeles
Time on Site
651 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $930
  • Total Rent: $930
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
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

Property Details for 3156 Fairmount 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: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 5178005013
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: s of evergreen ave
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 3156 Fairmount St

Last sold for $664,500 on November 17th, 2022

  • November, 2022

  • Nov 17, 2022

    Date

    Sold

    CRMLS: WS22166508

    $664,500

    Price

  • Jul 28, 2022

    Date

    Active

    CRMLS: WS22166508

    $749,555

    Price

  • January, 2022

  • Jan 22, 2022

    Date

    Sold

    CRMLS: SB21237981

    $550,000

    Price

  • Jan 3, 2022

    Date

    Pending

    CRMLS: SB21237981

    $599,000

    Price

  • Nov 11, 2021

    Date

    Active

    CRMLS: SB21237981

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    Huge 100k price reduction for a quick sale, Tenant will stay in place. Hard to find 2 unit income property with lots of potentials. Current rents are about 60% below market rent. Perfect for owner-occupied and have one additional unit for income. Plus with a large garage that can be converted into ADU for even more income. Don't let this opportunity pass by again. Sold as-is condition.

  • June, 2021

  • Jun 18, 2021

    Date

    Sold

    CRMLS: 21690086

    $450,000

    Price

  • Jun 15, 2021

    Date

    Pending

    CRMLS: 21690086

    $499,000

    Price

  • Apr 14, 2021

    Date

    Price Change

    CRMLS: 21690086

    $499,000

    Price

  • Feb 9, 2021

    Date

    Active

    CRMLS: 21690086

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCED $51,000 FOR A QUICK SALE! We are pleased to present for sale 2 units in a Desirable Boyle Heights Location. This is the first time the property has been offered for sale in over 25 Years. The units are comprised of spacious single story 2 and 3 bedroom units. Rents are currently well below market level and have about +/- 120% of Rental Upside potential. The property falls within a block from the famous "El Tepeyac Restaurant Cafe" on North Evergreen Avenue, Situated East of East Cesar Chavez Avenue and Adjacent to Downtown Los Angeles. Tenants enjoy the Close Vicinity to Shops & Restaurants on East Cesar Chavez Avenue and a short drive from the 5, 10 and 101 Freeways commuting to and from work. Sellers intend to complete a 1031 Exchange at no cost or delay to the Buyer. Rents stated are actual and below market rate. Property has Deferred Maintenance. *OFFERS BEING SUBMITTED should be either cash or via hard money loan.

  • August, 2020

  • Aug 24, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3156 Fairmount St

Assessed Value (2020): $52,617
Year Land Value Improved Value Assessed Value
2020 $17,452 $35,165 $52,617

Home Value Compared to the Market

This property vs the competition

3156 Fairmount St sold on November 17, 2022 for 44.16% lower 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 $374.37 per/sqft which puts the price per square foot 50.42% lower than the current median sale per square foot for the city of Los Angeles.

About 3156 Fairmount St

Detailed summary of property

3156 Fairmount St is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 1,775 living square feet, and sits on an approximately 5,200 square foot lot. 3156 Fairmount St was first listed on ArdentRealEstateGroup.com on July 28, 2022. The homeowner sold the property for $664,500. 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 44.16% lower than the current median priced home. Local homes that are currently for sale include 130 S Clarence St, 3448 Hunter St and 5102 Ithaca Ave. While the average home in Los Angeles, CA is selling in 94 days, 3156 Fairmount St has a days on market of 74 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3156 Fairmount 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 3156 Fairmount St

Public county record property details
Beds
5
Baths
2
Year built
1950
Sq. Ft.
1,775
Lot Size
5,199
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
83
APN
5178-005-013

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
$640,000
Median List Price/Sq.Ft.
$625
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
29
Median Sale to List Price %
90.57%
Avg Days on Market
31
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (28.57%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 3156 Fairmount St

3172 Fairmount St, Los Angeles, CA 90063
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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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