3217 Morgan Ave, Los Angeles, CA 90011
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3217 Morgan Ave Los Angeles, CA 90011

$705,000
  • 4 Beds
  • 4 Baths
  • 1,527 Sq.Ft.
For Sale
$705,000 Get Pre-Qualified

Map preview of 3217 Morgan Ave, Los Angeles, CA 90011

Property Overview: 3217 Morgan Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 1,527 living square feet and 3,787 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This a great property for Family and or investment

Listed by Mark Blannon | BRE #01187471 | Blannon Realty
Last checked: 29 seconds ago | Last updated: June 10th, 2024 | Source CRMLS | DOM: 16
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
3,787
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24392801
City
Los Angeles
County
Los Angeles
Time on Site
32 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 4
  • Gross Scheduled Income: --
  • Net Operating Income: $20,000
  • Gross Operating Income: $5,000
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3217 Morgan Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • No Appliances
  • Disposal, None
Interior Features
  • Levels: One
  • Window Features: Screens
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • No
  • Parking Features: None
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5117006012
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of the 110 Freeway, North of Vernon
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Sale History for 3217 Morgan Ave

Last sold for $650,000 on January 7th, 2022
  • June, 2024

  • Jun 2, 2024

    Date

    Active

    CRMLS: 24392801

    $699,999

    Price

  • September, 2021

  • Sep 21, 2021

    Date

    Active

    CRMLS: SR21207613

    $649,900

    Price

  • Listing provided courtesy of CRMLS

    Great Duplex on a Corner Lot Two Separates Houses Front Unit 3 Bedroom and 1 Bathroom , back Unit 1 Bedroom 1 bathroom, tenant occupied

  • March, 2006

  • Mar 15, 2006

    Date

    Sold (Public Records)

    Public Records

    $510,000

    Price

  • August, 2005

  • Aug 12, 2005

    Date

    Sold (Public Records)

    Public Records

    $361,000

    Price

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Tax History for 3217 Morgan Ave

Assessed Value (2020): $530,000
Year Land Value Improved Value Assessed Value
2020 $155,900 $374,100 $530,000

Home Value Compared to the Market

This property vs the competition

3217 Morgan Ave is listed 43.6% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $461.69 per/sqft which puts the price per square foot 40.81% lower than the median price per square foot for the city of Los Angeles.

About 3217 Morgan Ave

Detailed summary of property

3217 Morgan Ave is a multi family located in Los Angeles, CA 90011 and is currently for sale. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 1,527 living square feet, and sits on an approximately 3,787 square foot lot. 3217 Morgan Ave was first listed on ArdentRealEstateGroup.com on May 16, 2024. The homeowner is currently asking $705,000 and was originally asking $699,999. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 43.6% lower than the median priced home. Local competing homes currently for sale include 735 E Vernon Ave, 623 E 36th St and 854 E 50th St. While the average home in Los Angeles, CA is selling in 98 days, 3217 Morgan Ave has a days on market of 16 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 3217 Morgan Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3217 Morgan Ave

Public county record property details
Beds
4
Baths
3
Year built
1912
Sq. Ft.
1,527
Lot Size
3,759
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5117-006-012

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$470
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$484
Total Inventory
48
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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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.