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3305 Livonia Ave, Los Angeles, CA 90034
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3305 Livonia Ave Los Angeles, CA 90034

$2,800,000 Sold Price as of 03/11/2022
  • 13 Beds
  • 10 Baths
  • 8,392 Sq.Ft.
Sold
$2,800,000 Sold Price as of 03/11/2022 Refinance Your Mortgage
Map preview of 3305 Livonia Ave, Los Angeles, CA 90034

Property Overview: 3305 Livonia Ave Los Angeles, CA has 13 bedrooms, 10 bathrooms, 8,392 living square feet and 8,721 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: HUGE PRICE REDUCTION. Well maintained 10 unit apartment building in prime Palms. The property consists of 7 - 1 bedroom + 1 bath, 2 - 2bedroom + 1 bath and 1 - 2 bedroom + 1.5 bath units. The building is 8,392 square feet and sits on an 8,722 square foot lot. It is individually metered for gas and electricity. The units are large and there is upside in the rents. It is located in the high demand area of Palms adjacent to Culver City - one of the most desirable locations in Los Angeles. The area is undergoing an enormous transformation with the construction of many new apartment buildings as well as major entertaining companies such as Amazon, Apple and HBO opening offices nearby. 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. New roof and the soft story retrofit work has been completed. Submit offers, the Seller has identified his upleg.

Listed by Michael A Salerno | BRE #01212427 | Michael Anthony Salerno
Last checked: 2 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
8,721
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22117165
City
Los Angeles
County
Los Angeles
Time on Site
872 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $11,186
  • Total Rent: $11,186
  • Pro Forma/Market Rent: $12,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,479
  • Total Rent: $1,479
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,220
  • Total Rent: $3,220
  • Pro Forma/Market Rent: $4,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $109,286
  • Gross Operating Income: $181,837
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3305 Livonia Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Carport, Covered, Tandem Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 10
  • Parcel Number: 4311028013
Location / Neighborhood
Location Information
  • Directions: 1 block west of Robertson
View more facts & features

Local Los Angeles Agent

Sale History for 3305 Livonia Ave

Last sold for $2,800,000 on March 11th, 2022

  • March, 2022

  • Mar 11, 2022

    Date

    Sold

    CRMLS: 22117165

    $2,800,000

    Price

  • Jan 10, 2022

    Date

    Active

    CRMLS: 22117165

    $4,125,000

    Price

Tax History for 3305 Livonia Ave

Assessed Value (2020): $657,923
Year Land Value Improved Value Assessed Value
2020 $438,006 $219,917 $657,923

Home Value Compared to the Market

This property vs the competition

3305 Livonia Ave sold on March 11, 2022 for 198.32% 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 $423.02 per/sqft which puts the price per square foot 43.97% lower than the current median sale per square foot for the city of Los Angeles.

About 3305 Livonia Ave

Detailed summary of property

3305 Livonia Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 13 bedrooms, 10 bathrooms, roughly 8,392 living square feet, and sits on an approximately 8,721 square foot lot. 3305 Livonia Ave was first listed on ArdentRealEstateGroup.com on January 10, 2022. The homeowner sold the property for $2,800,000. 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 198.32% higher than the current median priced home. Local homes that are currently for sale include 1508 S Durango Ave, 3729 Glendon Ave and 1526 S Wooster St. While the average home in Los Angeles, CA is selling in 95 days, 3305 Livonia Ave has a days on market of 22 days. There are currently 3751 homes for sale in the Los Angeles real estate market and 2535 of them are single family homes while 1119 of them are condos and 91 are townhomes. For more information on this home for sale at 3305 Livonia 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 3305 Livonia Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
8,392
Lot Size
8,720
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
200
APN
4311-028-013

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
$1,799,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
48
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%)

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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