3280 Provon Ln, Los Angeles, CA 90034
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3280 Provon Ln Los Angeles, CA 90034

$3,000,000
  • -- Beds
  • -- Baths
  • 7,889 Sq.Ft.
Pending
$3,000,000 Get Pre-Qualified

Map preview of 3280 Provon Ln, Los Angeles, CA 90034

Property Overview: 3280 Provon Ln Los Angeles, CA has -- bedrooms, -- bathrooms, 7,889 living square feet and 7,554 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: 6 OF 10 LEGAL UNITS ARE VACANT, 1 NON-CONFORMING UNIT VACANT. Constructed in 1953, 3280 Provon Lane is comprised of one two-bedroom unit, nine spacious one-bedroom units, and one non-conforming one-bedroom unit. Among the 10 legal units, several boast upgraded kitchens, showcasing custom oak cabinets, granite countertops, laminate vinyl plank flooring, and recess lighting. Presently, six of the ten sit unoccupied, with four of these vacancies yet to undergo renovation. ELEVENTH NON-CONFOMRING UNIT HAS BEEN IN OPERATION FOR DECADES AND IS CURRENTLY VACANT. PRIME CANDIDATE FOR CONVERTING INTO AN ADU.

Listed by Mark Ventre | BRE #01811490 | Kidder Mathews of California, Inc.
Last checked: 3 minutes ago | Last updated: June 28th, 2024 | Source CRMLS | DOM: 68
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Home details

Lot Sq. Ft
7,554
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Other
Status
Pending
MLS#
24382347
City
Los Angeles
County
Los Angeles
Time on Site
94 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.63%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $198,928
  • Gross Operating Income: --
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3280 Provon Ln

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
Property Information
  • Total # of Units: 10
  • Parcel Number: 4311003012
Location / Neighborhood
Location Information
  • Directions: Take Robertson and then west on National
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Sale History for 3280 Provon Ln

View property's historical transactions
  • June, 2024

  • Jun 26, 2024

    Date

    Pending

    CRMLS: 24382347

    $3,000,000

    Price

  • Apr 19, 2024

    Date

    Active

    CRMLS: 24382347

    $3,000,000

    Price

Tax History for 3280 Provon Ln

Assessed Value (2020): $215,039
Year Land Value Improved Value Assessed Value
2020 $63,415 $151,624 $215,039

Home Value Compared to the Market

This property vs the competition

3280 Provon Ln is listed 150% higher than the median list price for the city of Los Angeles which has a median list price of $1,199,999. The median price per/sqft for Los Angeles is $771 and this home is listed at $380.28 per/sqft which puts the price per square foot 50.68% lower than the median price per square foot for the city of Los Angeles.

About 3280 Provon Ln

Detailed summary of property

3280 Provon Ln is a other located in Los Angeles, CA 90034 and is currently in escrow to be sold. This property offers -- bedrooms, -- bathrooms, roughly 7,889 living square feet, and sits on an approximately 7,554 square foot lot. 3280 Provon Ln was first listed on ArdentRealEstateGroup.com on April 19, 2024. The homeowner is currently asking $3,000,000. The median priced home in Los Angeles is $1,199,999 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 150% higher than the median priced home. Local competing homes currently for sale include 1518 S Gramercy Pl, 327 S Western Ave and 1471 W Martin Luther King Jr Blvd. While the average home in Los Angeles, CA is selling in 102 days, 3280 Provon Ln has a days on market of 68 days. There are currently 4091 homes for sale in the Los Angeles real estate market and 2731 of them are single family homes while 1235 of them are condos and 119 are townhomes. For more information on this home for sale at 3280 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 3280 Provon Ln

Public county record property details
Beds
12
Baths
10
Year built
1953
Sq. Ft.
7,889
Lot Size
7,552
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4311-003-012

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
$1,699,000
Median List Price/Sq.Ft.
$884
Median Sold Price
$1,895,000
Median Sold Price/Sq.Ft.
$1,003
Total Inventory
59
Median Sale to List Price %
111.54%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (14.29%), Other (14.29%)

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Related Resources to 3280 Provon Ln

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.