3171 Fairmount St, Los Angeles, CA 90063
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3171 Fairmount St Los Angeles, CA 90063

$950,000 Sold Price as of 09/21/2023
  • 5 Beds
  • 3 Baths
  • 1,702 Sq.Ft.
Sold
$950,000 Sold Price as of 09/21/2023 Refinance Your Mortgage

Map preview of 3171 Fairmount St, Los Angeles, CA 90063

Property Overview: 3171 Fairmount St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,702 living square feet and 5,267 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location Location Vacant units, First one is a 3 bed 2 bath Second unit is a 2 bed 1 bath, this units have been completely renovated and ready to move in. they come with a 3 car garage , a large covered patio and an extra room and bathroom not included in the square footage. Dont miss this rare opportunity to own this beautiful property. From your Terrace you will see the Famous Pino, the Dodger Stadium, Downton LA and to the west Palos Verdes. Seller to assume rental of solar panels

Listed by Jack Williams | BRE #01220043 | BERKSHIRE HATH HM SVCS CA PROP
Last checked: 9 minutes ago | Last updated: September 22nd, 2023 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
5,267
HOA Dues
$0/mo
Year built
2001
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
CV23104501
City
Los Angeles
County
Los Angeles
Time on Site
332 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $20,400
  • Net Operating Income: $15,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $500
  • Electric: $1,500
  • Gas/Fuel: $0
  • Trash: $900
  • Insurance: $850
  • Water/Sewer: $900

Property Details for 3171 Fairmount St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
  • All Bedrooms Down, Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Fair Condition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Covered
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Coastline, Landmark, Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5178001036
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Alma & Wabash
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
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Sale History for 3171 Fairmount St

Last sold for $950,000 on September 21st, 2023
  • September, 2023

  • Sep 21, 2023

    Date

    Sold

    CRMLS: CV23104501

    $950,000

    Price

  • Jul 11, 2023

    Date

    Active

    CRMLS: CV23104501

    $950,000

    Price

  • June, 2023

  • Jun 12, 2023

    Date

    Canceled

    CRMLS: CV22187325

    $949,000

    Price

  • Sep 23, 2022

    Date

    Active

    CRMLS: CV22187325

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    Price Improvement Location, location, location! Duplex in centrally located Boyle Heights/ East LA neighborhood. Large duplex units. 3/2. 2/1. Perfect for that income opportunity or, multiple families. Stunning views from above garage terrace. Downtown lights, Palos Verdes, Historic El Pino, and on a clear day, all the way to The Hollywood sign. Don’t miss this rare opportunity to own a rare gem in this historic community. The best feature of the property is the large lot with plenty of room to expand either house or build an ADU unit for additional income. call for appointment, Both houses will be empty at the close of escrow

  • August, 2001

  • Aug 30, 2001

    Date

    Sold (Public Records)

    Public Records

    $210,000

    Price

  • March, 2000

  • Mar 2, 2000

    Date

    Sold (Public Records)

    Public Records

    $28,000

    Price

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Tax History for 3171 Fairmount St

Assessed Value (2020): $415,279
Year Land Value Improved Value Assessed Value
2020 $127,434 $287,845 $415,279

Home Value Compared to the Market

This property vs the competition

3171 Fairmount St sold on September 21, 2023 for 20.17% 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 $558.17 per/sqft which puts the price per square foot 26.07% lower than the current median sale per square foot for the city of Los Angeles.

About 3171 Fairmount St

Detailed summary of property

3171 Fairmount St is a duplex that recently sold in Los Angeles, CA 90063. This duplex offered 5 bedrooms, 3 bathrooms, roughly 1,702 living square feet, and sits on an approximately 5,267 square foot lot. 3171 Fairmount St was first listed on ArdentRealEstateGroup.com on June 13, 2023. The homeowner sold the property for $950,000. 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 20.17% lower than the current median priced home. Local homes that are currently for sale include 158 N Townsend Ave, 317 N Mathews St and 2111 Marengo St. While the average home in Los Angeles, CA is selling in 93 days, 3171 Fairmount St has a days on market of 15 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 3171 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 3171 Fairmount St

Public county record property details
Beds
4
Baths
2
Year built
2001
Sq. Ft.
1,702
Lot Size
5,267
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5178-001-036

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%)

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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.