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3219 Bagley Ave, Los Angeles, CA 90034
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3219 Bagley Ave Los Angeles, CA 90034

$2,080,000 Sold Price as of 05/14/2021
  • 10 Beds
  • 6 Baths
  • 6,425 Sq.Ft.
Sold
$2,080,000 Sold Price as of 05/14/2021 Refinance Your Mortgage
Map preview of 3219 Bagley Ave, Los Angeles, CA 90034

Property Overview: 3219 Bagley Ave Los Angeles, CA has 10 bedrooms, 6 bathrooms, 6,425 living square feet and 8,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity to own a well-maintained six unit two-story property with upside potentials. Conveniently located in the West Los Angeles high demand area. All units had been upgraded and in the last 2 years, Exterior renovations included: new roof, new water main, foundation reinforcements, cement side yard, re-landscaped front yard with water saving plants and drip irrigation system. Interior renovation include: new kitchens, new bathrooms, and hardwood floors. Seller is doing 1031 exchange.

Listed by Tak Wong | BRE #00939052 | Golden Coast Investments
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
8,000
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC21029565
City
Los Angeles
County
Los Angeles
Time on Site
1186 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $16,800
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $12,840
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $30,000
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $30,000
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,342
  • Total Rent: $16,104
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,140
  • Total Rent: $25,680
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.2%
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $142,584
  • Net Operating Income: $117,783
  • Gross Operating Income: $142,584
  • Laundry Income: $1,200
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $24,801
  • Electric: $5,308
  • Gas/Fuel: $1,119
  • Licenses: $802
  • New Taxes: $11,137
  • Trash: $2,631
  • Insurance: $2,101
  • Maintenance: $1,090
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $613
  • Other Expense Description: Washer

Property Details for 3219 Bagley Ave

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Room Information
  • Flooring: Carpet, Laminate, Wood
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Detached Carport
Lot Information
  • Lot Features: Landscaped, Rectangular Lot, Sprinklers Drip System, Sprinklers Timer
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 4311018006
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of National Blvd
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 3219 Bagley Ave

Last sold for $2,080,000 on May 14th, 2021

  • May, 2021

  • May 17, 2021

    Date

    Sold

    CRMLS: OC21029565

    $2,080,000

    Price

  • Feb 24, 2021

    Date

    Pending

    CRMLS: OC21029565

    $2,280,000

    Price

  • Feb 15, 2021

    Date

    Active

    CRMLS: OC21029565

    $2,280,000

    Price

Tax History for 3219 Bagley Ave

Assessed Value (2020): $833,910
Year Land Value Improved Value Assessed Value
2020 $514,766 $319,144 $833,910

Home Value Compared to the Market

This property vs the competition

3219 Bagley Ave sold on May 14, 2021 for 91.6% 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 $354.86 per/sqft which puts the price per square foot 53% lower than the current median sale per square foot for the city of Los Angeles.

About 3219 Bagley Ave

Detailed summary of property

3219 Bagley Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 6,425 living square feet, and sits on an approximately 8,000 square foot lot. 3219 Bagley Ave was first listed on ArdentRealEstateGroup.com on February 15, 2021. The homeowner sold the property for $2,080,000. 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 91.6% higher than the current median priced home. Local homes that are currently for sale include 1142 S Bedford St, 1206 S Sherbourne Dr and 6120 Packard St. While the average home in Los Angeles, CA is selling in 94 days, 3219 Bagley Ave has a days on market of 8 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 3219 Bagley Ave Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3219 Bagley Ave

Public county record property details
Beds
12
Baths
8
Year built
--
Sq. Ft.
6,425
Lot Size
8,000
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
88
APN
4311-018-006

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,895,000
Median List Price/Sq.Ft.
$900
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
44
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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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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