3288 San Marino St, Los Angeles, CA 90006
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3288 San Marino St Los Angeles, CA 90006

$1,210,000 Sold Price as of 08/20/2021
  • 4 Beds
  • 5 Baths
  • 2,614 Sq.Ft.
Sold
$1,210,000 Sold Price as of 08/20/2021 Refinance Your Mortgage

Map preview of 3288 San Marino St, Los Angeles, CA 90006

Property Overview: 3288 San Marino St Los Angeles, CA has 4 bedrooms, 5 bathrooms, 2,614 living square feet and 5,906 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Bread & butter 4-plex for sale in KoreaTown on a corner lot WITH PARKING. Built in 1907 and subject to city of Los Angeles rent control. 5,907 sq ft lot zoned LAR4. Two 2 bedroom units and two studio units, all occupied. Units are easy to rent with 4 parking spaces with a controlled access gate off of San Marino St. Detached garage with possibility to convert to ADU (buyer to verify). Community laundry room with leased washer and dryer. Owner pays for Water/sewer & trash. Two of the four units are being billed back for owner paid utilities. 3 separate individual water heaters (two units share one water heater). 3 separate gas meters (2 units share one gas meter). 3 separate electric meters (2 units share an electric meter). County assessor and City of Los Angeles (ZIMAS) shows property as 4 legal units (Buyer to verify).

Listed by Josh Hodeda | BRE #02091542 | Ingenious Asset Group, Inc.
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
5,906
HOA Dues
$0/mo
Year built
1907
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
21736404
City
Los Angeles
County
Los Angeles
Time on Site
1121 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,679
  • Total Rent: $1,679
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $1,395
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,319
  • Total Rent: $1,319
  • Pro Forma/Market Rent: $2,095
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.7
  • Gross Scheduled Income: --
  • Net Operating Income: $40,795
  • Gross Operating Income: $71,567
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3288 San Marino St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator, Gas Oven
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Private, Controlled Entrance, Assigned
Lot Information
  • Lot Features: No Landscaping
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5080031022
  • Architectural Style: Traditional
  • Foundation Details: Raised
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Between S. Kingsley Dr. & S. Ardmore Ave.
View more facts & features

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Sale History for 3288 San Marino St

Last sold for $1,210,000 on August 20th, 2021
  • August, 2021

  • Aug 20, 2021

    Date

    Sold

    CRMLS: 21736404

    $1,210,000

    Price

  • Aug 6, 2021

    Date

    Pending

    CRMLS: 21736404

    $1,195,000

    Price

  • Jul 7, 2021

    Date

    Active Under Contract

    CRMLS: 21736404

    $1,195,000

    Price

  • Jun 5, 2021

    Date

    Active

    CRMLS: 21736404

    $1,195,000

    Price

  • September, 2012

  • Sep 25, 2012

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • April, 2010

  • Apr 16, 2010

    Date

    Sold (Public Records)

    Public Records

    $465,000

    Price

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Tax History for 3288 San Marino St

Assessed Value (2020): $672,531
Year Land Value Improved Value Assessed Value
2020 $448,355 $224,176 $672,531

Home Value Compared to the Market

This property vs the competition

3288 San Marino St sold on August 20, 2021 for 5.75% 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 $457.15 per/sqft which puts the price per square foot 39.37% lower than the current median sale per square foot for the city of Los Angeles.

About 3288 San Marino St

Detailed summary of property

3288 San Marino St is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 4 bedrooms, 5 bathrooms, roughly 2,614 living square feet, and sits on an approximately 5,906 square foot lot. 3288 San Marino St was first listed on ArdentRealEstateGroup.com on June 5, 2021. The homeowner sold the property for $1,210,000. 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 5.75% higher than the current median priced home. Local homes that are currently for sale include 1662 S Harvard Blvd, 1678 Roosevelt Ave and 1734 S Hobart Blvd. While the average home in Los Angeles, CA is selling in 99 days, 3288 San Marino St has a days on market of 31 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 3288 San Marino St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3288 San Marino St

Public county record property details
Beds
4
Baths
5
Year built
1907
Sq. Ft.
2,614
Lot Size
5,906
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
5080-031-022

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$598
Median Sold Price
$605,000
Median Sold Price/Sq.Ft.
$596
Total Inventory
43
Median Sale to List Price %
96.18%
Avg Days on Market
22
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (25%)

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Related Resources to 3288 San Marino St

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.