3229 N Main St Los Angeles, CA 90031

$1,000,000 Sold Price as of 05/30/2013

12 Beds
8 Baths
9,502 Sq.Ft.

Off Market

$1,000,000 Sold Price as of 05/30/2013 Refinance Your Mortgage

Map preview of 3229 N Main St, Los Angeles, CA 90031

Property Overview: 3229 N Main St Los Angeles, CA has 12 bedrooms, 8 bathrooms, 9,502 living square feet and 9,638 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3229 N Main St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 3229 N Main St

Last sold for $1,000,000 on May 30th, 2013

July, 2022
Jul 11, 2022

Date

Canceled

CRMLS: 22154675

$2,999,000

Price
Jun 9, 2022

Date

Active

CRMLS: 22154675

$2,999,000

Price
Listing provided courtesy of CRMLS

Incredible Mixed-Use Opportunity across from Keck USC Hospital and Medical School! Located on one of Lincoln Heights' main thoroughfares, 3229 N Main St features 3 structures. 3229 N Main St which is the brick building of 2 retail stores and six 2nd floor apartments, and two additional buildings on Gates St: a single-family home (3Br+1.5Ba) and 6 (Studio+1Ba) bungalow-style apartments. The SFR has a huge basement + detached garage (with ADU potential). All 3 buildings are on only one APN, and each building has its own water meter. Units are separately metered for gas and electric as well. Ideal purchase for an investor with a vision and understanding of the incredible potential this location offers. Appx 45% rental upside! Contact listing agent for a marketing package with rent roll and financials. This is a fantastic up and coming location directly across from Lincoln Park, Chanos Mexican Restaurant, near the DMV, and much more. HUGE new developments are in progress in the immediate area; this property is poised for long term growth. Easy access to 1-5, 1-10, San Antonio Winery, Broadway, Boyle Heights, El Sereno, Highland Park, and much more. Part of the ground floor retail used to be a bar, and the upstairs units are very spacious and unique. The location is also popular for entertainment filming, and has historically led to thousands of dollars per year in additional income for the owner.

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May, 2013
May 30, 2013

Date

Sold (Public Records)

Public Records

$1,000,000

Price

Tax History for 3229 N Main St

Assessed Value (2020): $1,125,980

Year	Land Value	Improved Value	Assessed Value
2020	$900,785	$225,195	$1,125,980

About 3229 N Main St

Detailed summary of property

3229 N Main St is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90031 and last sold on May 30, 2013 for $1,000,000. This property has 12 bedrooms, 8 bathrooms, roughly 9,502 living square feet, and sits on an approximately 9,638 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 10.71% lower than the current median priced home. 3229 N Main St was last sold on May 30, 2013 for $1,000,000. Local nearby listings include 4112 Telluride St, 2536 Malabar St and 200 N San Fernando Rd #601. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 3229 N Main St Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3229 N Main St

Public county record property details

Beds: 12
Baths: 8
Year built: 1923
Sq. Ft.: 9,502
Lot Size: 9,638
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 4
APN: 5210-033-028

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$899,000

Median List Price/Sq.Ft.

$676

Median Sold Price

$825,000

Median Sold Price/Sq.Ft.

$628

Total Inventory

Median Sale to List Price %

99.64%

Avg Days on Market

Loan Type

Conventional (28.57%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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