3214 Descanso Dr, Los Angeles, CA 90026
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3214 Descanso Dr Los Angeles, CA 90026

$915,000 Sold Price as of 10/27/2020
  • 3 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$915,000 Sold Price as of 10/27/2020 Refinance Your Mortgage

Map preview of 3214 Descanso Dr, Los Angeles, CA 90026

Property Overview: 3214 Descanso Dr Los Angeles, CA has 3 bedrooms, 3 bathrooms, -- living square feet and 2,446 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in a charming and private oasis in the very desirable neighborhood of Silver Lake, this cute bungalow duplex has so much to offer. Each unit has one bedroom and one bath with a front porch and back deck. Get this... there is a 3-car garage. Currently one of them is an artist space. Next to the garage is a laundry room for both units. Its ideal for living in one and renting the other. The property is in one of the liveliest neighborhoods in Los Angeles. Short walk to the Silver Lake farmers market, Music Box Steps, Silver Lake Reservoir, and the dog park. For a quick cup of coffee walk over to Ali Mimi Cafe or dining out at the great tacos across the street at El Diablos. This location is a walkers paradise; it has so many shops, bars, nightclubs, coffee shops, and restaurants.

Listed by Cyndy Nguyen | BRE #01433576 | Keller Williams Realty Los Feliz
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
2,446
HOA Dues
$0/mo
Year built
1923
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
20628438
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 32.57
  • Gross Scheduled Income: --
  • Net Operating Income: $27,300
  • Gross Operating Income: $27,600
  • Garage Rental Income: $150
  • Other Income 1: $2,150
Annual Expense Breakdown
  • Total Operating Expense: --
  • Water/Sewer: $300

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Property Details for 3214 Descanso Dr

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Room Information
  • Flooring: Wood, Tile, Carpet
Kitchen Information
  • Has Appliances
  • Refrigerator, Gas Cooktop
Interior Features
  • Levels: One
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Property Information
  • Total # of Units: 2
  • Parcel Number: 5426016020
  • Foundation Details: Raised
Location / Neighborhood
Location Information
  • Directions: Sunset to Descanso. Use 3220 Descanso for GPS and use this gate to go to unit 3216.
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Sale History for 3214 Descanso Dr

Last sold for $915,000 on October 27th, 2020
  • October, 2020

  • Oct 27, 2020

    Date

    Sold

    CRMLS: 20628438

    $915,000

    Price

  • Oct 12, 2020

    Date

    Pending

    CRMLS: 20628438

    $899,000

    Price

  • Sep 21, 2020

    Date

    Active Under Contract

    CRMLS: 20628438

    $899,000

    Price

  • Sep 8, 2020

    Date

    Active

    CRMLS: 20628438

    $899,000

    Price

  • October, 2020

  • Oct 27, 2020

    Date

    Sold (Public Records)

    Public Records

    $915,000

    Price

  • January, 2020

  • Jan 23, 2020

    Date

    Canceled

    CRMLS: 19516472

    $889,000

    Price

  • Oct 3, 2019

    Date

    Active

    CRMLS: 19516472

    $889,000

    Price

  • Listing provided courtesy of CRMLS

    Awesome Owner User or Investment property. Located in Prime Silver Lake off Sunset Blvd. Close to trendy restaurants and stores. Owner's Unit is vacant and freshly painted. Tenants pay market rate. One bed and one bathroom in each unit with deck areas in the back for dining and relaxing. Big plus are the three one car garage and laundry room with workshop. Nestled between a nice group of bungalows this duplex offers privacy , and proximity to all Silver lake has to offer! Section One Termite work is all done for you.!

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Tax History for 3214 Descanso Dr

Assessed Value (2020): $248,509
Year Land Value Improved Value Assessed Value
2020 $183,175 $65,334 $248,509

Home Value Compared to the Market

This property vs the competition

3214 Descanso Dr sold on October 27, 2020 for 29.43% lower than the current median sold price for the city of Los Angeles which is $1,274,000.

About 3214 Descanso Dr

Detailed summary of property

3214 Descanso Dr is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 3 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 2,446 square foot lot. 3214 Descanso Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $915,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 29.43% lower than the current median priced home. Local homes that are currently for sale include 1242 Lilac Pl, 1412 N Serrano Ave and 2803 Denby Ave. While the average home in Los Angeles, CA is selling in 100 days, 3214 Descanso Dr has a days on market of 10 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 3214 Descanso Dr Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3214 Descanso Dr

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,183
Lot Size
2,446
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
63
APN
5426-016-020

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$832
Median Sold Price
$1,796,500
Median Sold Price/Sq.Ft.
$802
Total Inventory
69
Median Sale to List Price %
112.99%
Avg Days on Market
18
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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Related Resources to 3214 Descanso Dr

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.