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3279 Provon Ln, Los Angeles, CA 90034
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3279 Provon Ln Los Angeles, CA 90034

$2,963,000 Sold Price as of 06/06/2023
  • 13 Beds
  • 11 Baths
  • 8,112 Sq.Ft.
Sold
$2,963,000 Sold Price as of 06/06/2023 Refinance Your Mortgage
Map preview of 3279 Provon Ln, Los Angeles, CA 90034

Property Overview: 3279 Provon Ln Los Angeles, CA has 13 bedrooms, 11 bathrooms, 8,112 living square feet and 11,492 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 10-unit apartment building with soft story retrofit completed in 2018. Unit mix is 1 - 2+2, 2 - 2+1, 7 - 1+1. Total building square footage is 8,112 situated on a 11,492 square foot lot. Located in the high demand area of Castle Heights, Beverlywood Adjacent - one of the most desirable pockets in Los Angeles. The area is undergoing an enormous transformation with the construction of new apartment buildings as well as major entertainment companies such as Amazon, Apple and HBO. Close to the future Google campus. Minutes to Culver City's popular restaurants, bars, fitness centers and theaters. Close to the Expo Line and the 405 and 10 freeways. This is a Trust Sale, no court confirmation required.

Listed by Nancy Sanborn | BRE #00771096 | Berkshire Hathaway HomeServices California Properties
Co-listed by Brian Joy | BRE #01324371 | Berkshire Hathaway HomeServices California Properties
Last checked: 9 minutes ago | Last updated: June 14th, 2023 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
11,492
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23261403
City
Los Angeles
County
Los Angeles
Time on Site
378 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 2
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $9,777
  • Total Rent: $9,777
  • Pro Forma/Market Rent: $9,777
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,813
  • Total Rent: $2,813
  • Pro Forma/Market Rent: $2,813
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.55
  • Gross Scheduled Income: --
  • Net Operating Income: $150,294
  • Gross Operating Income: $180,216
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3279 Provon Ln

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 10
  • Parcel Number: 4311004013
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North of National Blvd, West of Castle Heights Ave
View more facts & features

Local Los Angeles Agent

Sale History for 3279 Provon Ln

Last sold for $2,963,000 on June 6th, 2023

  • June, 2023

  • Jun 6, 2023

    Date

    Sold

    CRMLS: 23261403

    $2,963,000

    Price

  • Apr 19, 2023

    Date

    Active

    CRMLS: 23261403

    $2,750,000

    Price

Tax History for 3279 Provon Ln

Assessed Value (2020): $267,494
Year Land Value Improved Value Assessed Value
2020 $114,984 $152,510 $267,494

Home Value Compared to the Market

This property vs the competition

3279 Provon Ln sold on June 6, 2023 for 143.36% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $339 per/sqft which puts the price per square foot 55.04% lower than the current median sale per square foot for the city of Los Angeles.

About 3279 Provon Ln

Detailed summary of property

3279 Provon Ln is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 13 bedrooms, 11 bathrooms, roughly 8,112 living square feet, and sits on an approximately 11,492 square foot lot. 3279 Provon Ln was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $2,963,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 143.36% higher than the current median priced home. Local homes that are currently for sale include 3709 S Bentley Ave, 1508 S Durango Ave and 6018 Comey Ave. While the average home in Los Angeles, CA is selling in 97 days, 3279 Provon Ln has a days on market of 16 days. There are currently 3891 homes for sale in the Los Angeles real estate market and 2627 of them are single family homes while 1154 of them are condos and 103 are townhomes. For more information on this home for sale at 3279 Provon Ln 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 3279 Provon Ln

Public county record property details
Beds
13
Baths
10
Year built
1954
Sq. Ft.
8,112
Lot Size
11,492
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15,16
APN
4311-004-013

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
$1,795,000
Median List Price/Sq.Ft.
$953
Median Sold Price
$2,333,000
Median Sold Price/Sq.Ft.
$1,028
Total Inventory
54
Median Sale to List Price %
116.94%
Avg Days on Market
18
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (8.33%), Other (25%)

Thinking of Selling?

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(714) 706-1823

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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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