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3317 Castle Heights Ave, Los Angeles, CA 90034
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3317 Castle Heights Ave Los Angeles, CA 90034

$2,595,000
  • 10 Beds
  • 8 Baths
  • 5,980 Sq.Ft.
For Sale
$2,595,000 Get Pre-Qualified
Map preview of 3317 Castle Heights Ave, Los Angeles, CA 90034

Property Overview: 3317 Castle Heights Ave Los Angeles, CA has 10 bedrooms, 8 bathrooms, 5,980 living square feet and 7,493 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: Nestled in the coveted neighborhood of Cheviot Hills in Los Angeles, this charming apartment building presents an opportunity for both investors and residents seeking a blend of urban convenience and suburban tranquility. This desirable West Los Angeles neighborhood enjoys easy access to major thoroughfares, including the nearby I-10 and I-405 freeways, facilitating easy commuting throughout the city and beyond. Additionally, residents can take advantage of nearby Cheviot Hills shopping center which includes Vons, Starbucks and several trendy restaurants that are only a short walk from the property. PROPERTY DESCRIPTION The property has been meticulously maintained and 6 of the units have been renovated which includes new kitchens – granite counter tops, new cabinets, appliances, tile or vinyl plank flooring, new bathrooms and new windows. The property has also been replumbed with copper pipes. The property has a great unit mix of spacious one bedrooms and two bedrooms. Tenants also enjoy enclosed garages and on-site laundry facilities.

Listed by Grant Hahn | BRE #01197893 | Morgan Skenderian
Last checked: 10 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 68

Home details

Lot Sq. Ft
7,493
HOA Dues
$0/mo
Year built
1953
Garage
6 Car
Property Type:
Apartment
Status
Active
MLS#
PW24130127
City
Los Angeles
County
Los Angeles
Time on Site
86 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $10,463
  • Total Rent: $10,463
  • Pro Forma/Market Rent: $14,100
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,892
  • Total Rent: $4,892
  • Pro Forma/Market Rent: $5,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.9
  • Gross Scheduled Income: $185,760
  • Net Operating Income: $118,564
  • Gross Operating Income: --
  • Vacancy Allowance: $5,573
Annual Expense Breakdown
  • Total Operating Expense: $61,623
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 3317 Castle Heights Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • None, Kitchen
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 21-25 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 4311005005
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: north of the 10 freeway, west of National Blvd
Neighborhood Information
  • Community Features: Park
View more facts & features

Local Los Angeles Agent

Sale History for 3317 Castle Heights Ave

View property's historical transactions

  • June, 2024

  • Jun 25, 2024

    Date

    Active

    CRMLS: PW24130127

    $2,595,000

    Price

Tax History for 3317 Castle Heights Ave

Assessed Value (2020): $176,823
Year Land Value Improved Value Assessed Value
2020 $49,512 $127,311 $176,823

Home Value Compared to the Market

This property vs the competition

3317 Castle Heights Ave is listed 116.25% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $433.95 per/sqft which puts the price per square foot 43.5% lower than the median price per square foot for the city of Los Angeles.

About 3317 Castle Heights Ave

Detailed summary of property

3317 Castle Heights Ave is a apartment located in Los Angeles, CA 90034 and is currently for sale. This apartment offers 10 bedrooms, 8 bathrooms, roughly 5,980 living square feet, and sits on an approximately 7,493 square foot lot. 3317 Castle Heights Ave was first listed on ArdentRealEstateGroup.com on June 25, 2024. The homeowner is currently asking $2,595,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 116.25% higher than the median priced home. Local competing homes currently for sale include 3757 Veteran Ave, 2621 Chariton St and 2615 Chariton St. While the average home in Los Angeles, CA is selling in 106 days, 3317 Castle Heights Ave has a days on market of 68 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3317 Castle Heights 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 3317 Castle Heights Ave

Public county record property details
Beds
10
Baths
8
Year built
1953
Sq. Ft.
5,980
Lot Size
7,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
4311-005-005

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
$1,695,000
Median List Price/Sq.Ft.
$898
Median Sold Price
$1,480,000
Median Sold Price/Sq.Ft.
$919
Total Inventory
70
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%)

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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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