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3314 Bagley Ave, Los Angeles, CA 90034
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3314 Bagley Ave Los Angeles, CA 90034

$2,520,000 Sold Price as of 12/10/2021
  • 8 Beds
  • 8 Baths
  • 5,336 Sq.Ft.
Sold
$2,520,000 Sold Price as of 12/10/2021 Refinance Your Mortgage
Map preview of 3314 Bagley Ave, Los Angeles, CA 90034

Property Overview: 3314 Bagley Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 5,336 living square feet and 12,083 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3314 Bagley Avenue is an 8-unit building located in the desirable Palms/Castle Heights neighborhood in Los Angeles. The unit mix consists of (1) 2-Bed/1-Bath, (6) 1-Bed/1-Bath, and (1) Studio situated on a 12,034 square foot lot. Due to the R3 zoning, there is the potential to build 15 residential units by right. The value-add property has an attractive layout with detached bungalow style units and over 37% in upside rent potential. Located in close-proximity to major tech employers in Culver City such as HBO, Amazon, and Apple – this is a unique investment or development opportunity with significant growth potential.

Listed by J.Woody Stahl | BRE #01399621 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Brett Lyon | BRE #01717818 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 11 minutes ago | Last updated: March 21st, 2023 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
12,083
HOA Dues
$0/mo
Year built
1939
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB21195238
City
Los Angeles
County
Los Angeles
Time on Site
1116 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 7
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,623
  • Total Rent: $1,623
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,195
  • Total Rent: $1,195
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,173
  • Total Rent: $1,173
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,195
  • Total Rent: $1,195
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,899
  • Total Rent: $1,899
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,523
  • Total Rent: $2,523
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,905
  • Total Rent: $1,905
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $949
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $152,544
  • Net Operating Income: $87,475
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $60,493
  • New Taxes: $32,459
  • Trash: $0
  • Insurance: $4,002
  • Maintenance: $7,627
  • Professional Management: $7,627
  • Water/Sewer: $0
  • Other Expenses: $5,764
  • Other Expense Description: Utility

Property Details for 3314 Bagley Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: 6-10 Units/Acre, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 4311024010
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: At the corner of Bagley Avenue and National Boulevard
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 3314 Bagley Ave

Last sold for $2,520,000 on December 10th, 2021

  • September, 2021

  • Sep 8, 2021

    Date

    Active

    CRMLS: SB21195238

    $2,600,000

    Price

Tax History for 3314 Bagley Ave

Assessed Value (2020): $129,297
Year Land Value Improved Value Assessed Value
2020 $76,865 $52,432 $129,297

Home Value Compared to the Market

This property vs the competition

3314 Bagley Ave sold on December 10, 2021 for 132.14% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $487.26 per/sqft which puts the price per square foot 32.7% lower than the current median sale per square foot for the city of Los Angeles.

About 3314 Bagley Ave

Detailed summary of property

3314 Bagley Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 5,336 living square feet, and sits on an approximately 12,083 square foot lot. 3314 Bagley Ave was first listed on ArdentRealEstateGroup.com on September 8, 2021. The homeowner sold the property for $2,520,000. Home 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 132.14% higher than the current median priced home. Local homes that are currently for sale include 8638 Cashio St, 8521 Saturn St and 10628 Ayres Ave. While the average home in Los Angeles, CA is selling in 106 days, 3314 Bagley Ave has a days on market of 12 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. For more information on this home for sale at 3314 Bagley 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 3314 Bagley Ave

Public county record property details
Beds
8
Baths
8
Year built
1939
Sq. Ft.
5,336
Lot Size
12,083
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
123
APN
4311-024-010

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
$1,550,000
Median List Price/Sq.Ft.
$884
Median Sold Price
$1,480,000
Median Sold Price/Sq.Ft.
$919
Total Inventory
77
Median Sale to List Price %
105.79%
Avg Days on Market
29
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (12.5%), Other (12.5%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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