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3160 Warwick Ave, Los Angeles, CA 90032
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3160 Warwick Ave Los Angeles, CA 90032

$1,380,000 Sold Price as of 03/11/2021
  • 13 Beds
  • 7 Baths
  • 4,931 Sq.Ft.
Sold
$1,380,000 Sold Price as of 03/11/2021 Refinance Your Mortgage
Map preview of 3160 Warwick Ave, Los Angeles, CA 90032

Property Overview: 3160 Warwick Ave Los Angeles, CA has 13 bedrooms, 7 bathrooms, 4,931 living square feet and 7,983 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present for sale 3160 Warwick Avenue, a 7-Unit multi-family apartment located in the El Sereno neighborhood of Los Angeles California. The property is a two story, garden style apartment building consisting of two separate structures. The main 2 story apartment structure consists of a desirable unit mix of all 2BR/1BA, and also located on this property is a single story separate 1BR house. The The buildings total 4,931 rentable square feet situated on an approximately 7,983 square foot corner lot. Built in1964, this apartment is being offered for the very first time on market within the past 20 years. The rents at this property are approximately 40% below market rates due to long term tenants. With updated market rents, the property has the potential to achieve a 7.07% CAP rate. This apartment building is conveniently located within 20 minutes to downtown Los Angeles, and within 2 miles of California State University Los Angeles

Listed by Edward Pan | BRE #01894476 | Colliers International Greater Los Angel
Last checked: 7 minutes ago | Last updated: August 3rd, 2023 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
7,983
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20658652
City
Los Angeles
County
Los Angeles
Time on Site
1165 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $978
  • Total Rent: $978
  • Pro Forma/Market Rent: $978
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,041
  • Total Rent: $6,248
  • Pro Forma/Market Rent: $6,248
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.91
  • Gross Scheduled Income: $87,711
  • Net Operating Income: $50,004
  • Gross Operating Income: $86,712
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3160 Warwick Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Carpet
Interior Features
  • Levels: Multi/Split
  • Window Features: Blinds
Exterior Features
Exterior Information
  • Roof: Tile
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Other
Property Information
  • No View
  • View: None
  • Total # of Units: 7
  • Parcel Number: 5220009012
  • Architectural Style: Traditional
Location / Neighborhood
Location Information
  • Directions: Located north of the 710 and 10 freeway interchange, in between Huntington Dr. and Alhambra Ave. Located less than 2 miles north of Cal State LA.
View more facts & features

Local Los Angeles Agent

Sale History for 3160 Warwick Ave

Last sold for $1,380,000 on March 11th, 2021

  • August, 2023

  • Aug 3, 2023

    Date

    Expired

    CRMLS: WS23022509

    $338,000

    Price

  • Feb 10, 2023

    Date

    Active

    CRMLS: WS23022509

    $338,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2023

  • Aug 3, 2023

    Date

    Expired

    CRMLS: WS23023184

    $338,000

    Price

  • Mar 10, 2023

    Date

    Active

    CRMLS: WS23023184

    $338,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2023

  • Aug 3, 2023

    Date

    Expired

    CRMLS: WS23022237

    $2,398,000

    Price

  • May 9, 2023

    Date

    Active

    CRMLS: WS23022237

    $2,398,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2021

  • Mar 11, 2021

    Date

    Sold

    CRMLS: 20658652

    $1,380,000

    Price

  • Dec 4, 2020

    Date

    Active Under Contract

    CRMLS: 20658652

    $1,380,000

    Price

  • Nov 12, 2020

    Date

    Active

    CRMLS: 20658652

    $1,380,000

    Price

  • February, 2000

  • Feb 29, 2000

    Date

    Sold (Public Records)

    Public Records

    $252,000

    Price

Show More

Tax History for 3160 Warwick Ave

Assessed Value (2020): $459,777
Year Land Value Improved Value Assessed Value
2020 $279,635 $180,142 $459,777

Home Value Compared to the Market

This property vs the competition

3160 Warwick Ave sold on March 11, 2021 for 15.97% 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 $279.86 per/sqft which puts the price per square foot 62.93% lower than the current median sale per square foot for the city of Los Angeles.

About 3160 Warwick Ave

Detailed summary of property

3160 Warwick Ave is a multi family that recently sold in Los Angeles, CA 90032. This multi family property offered 13 bedrooms, 7 bathrooms, roughly 4,931 living square feet, and sits on an approximately 7,983 square foot lot. 3160 Warwick Ave was first listed on ArdentRealEstateGroup.com on March 11, 2021. The homeowner sold the property for $1,380,000. 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 15.97% higher than the current median priced home. Local homes that are currently for sale include 1004 N Hicks Ave, 4537 E Cesar E Chavez Ave and 3339 Folsom St. While the average home in Los Angeles, CA is selling in 92 days, 3160 Warwick Ave has a days on market of 21 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 3160 Warwick 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 3160 Warwick Ave

Public county record property details
Beds
13
Baths
7
Year built
1964
Sq. Ft.
4,931
Lot Size
7,983
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5220-009-012

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
$858,000
Median List Price/Sq.Ft.
$662
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
68
Median Sale to List Price %
93.75%
Avg Days on Market
20
Loan Type
Conventional (40%), FHA (10%), VA (0%), Cash (20%), Other (10%)

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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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