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3341 Cahuenga Blvd, Los Angeles, CA 90068
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3341 Cahuenga Blvd Los Angeles, CA 90068

$2,750,000
  • 0 Beds
  • 1 Baths
  • 3,312 Sq.Ft.
For Sale
$2,750,000 Get Pre-Qualified
Map preview of 3341 Cahuenga Blvd, Los Angeles, CA 90068

Property Overview: 3341 Cahuenga Blvd Los Angeles, CA has -- bedrooms, 1 bathrooms, 3,312 living square feet and 3,595 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: 3341 Cahuenga Boulevard presents an excellent opportunity for either an owner user or investor seeking to acquire a recently renovated multi-use property in the vicinity of Universal City. This two-story building, spanning 3,312 square feet, currently serves as asocial entertainment club. The property features a rooftop deck and a back patio, adding an extra 2,000 square feet of usable space. The permitted rooftop deck is particularly valuable in today's market, given the high demand for outdoor areas. Recent extensive renovations include updates to infrastructure systems, such as new plumbing, electrical, roof, and HVAC on both floors. Designed as a social entertainment club, the ground floor boasts raised floors, high ceilings, spacious rooms, excellent HVAC, fiber connectivity, and robust power capabilities. The building's flexible layout, ample outdoor spaces, and numerous corridors make it well-suited for various purposes, including entertainment venues, lounges, retail spaces, or creative office use. Additionally, there are 45 parking spaces available across the street for lease by anew owner or tenant. Situated just one block east of Universal Studios Boulevard, the property offers easy access to the San Fernando Valley, Hollywood, andGreater Los Angeles. Its strategic location provides close proximity to the Universal City/Studio City Metro Rail and convenient access to major commuter routes, including the 101 freeway.

Listed by Gil Corber | BRE #01378982 | Propnation, Inc.
Last checked: 4 minutes ago | Last updated: February 29th, 2024 | Source CRMLS | DOM: 81
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Home details

Lot Sq. Ft
3,595
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24352645
City
Los Angeles
County
Los Angeles
Time on Site
95 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $11,040
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 3341 Cahuenga Blvd

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Property Details for 3341 Cahuenga Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
Property Information
  • Total # of Units: 1
  • Parcel Number: 2425026009
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of the 101 Freeway
View more facts & features

Local Los Angeles Agent

Sale History for 3341 Cahuenga Blvd

Last sold for $2,150,000 on July 2nd, 2018

  • January, 2024

  • Jan 29, 2024

    Date

    Active

    CRMLS: 24352645

    $2,850,000

    Price

  • March, 2022

  • Mar 1, 2022

    Date

    Active

    CRMLS: 22132915

    $3,695,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present 3341 Cahuenga Boulevard. Situated on C2 zoned lot, the subject property is comprised of one single parcel lot with a parking easement, and is improved with a two-story office/retail commercial structure that is approximately 3,519 building square feet, and (2) uniquely large & inviting outdoor spaces totaling approximately 2,000 sqft, for a total USABLE approximate 5,323 square feet bringing the price per usable SQFT to $657. The building's structure has gone through very recent & extensive renovations, giving it a very modern feel. New infrastructure systems include all new plumbing, new electrical, new roof & new HVAC on both floors. The thoughtful renovation design & building layout can serve as either a single use or for a multi-occupant use. Previously utilized as a social entertainment club, the ground floor has a creative space/production environment featuring raised floors, high ceilings, large rooms, excellent HVAC, fiber connectivity and heavy power. The upper level is currently occupied by a month to month tenant known as The Roof Hookah Lounge. The flexible building layout, meaningful outdoor spaces and numerous corridors makes the subject property ideal for a restaurant, event space, gym, spa, retail or creative office use. Rather than paying rent to a landlord, an owner/user can enjoy the many tax benefits that come with being a principal owner, provide themself a hedge against anticipated rental increases & inflation, take advantage of what is still a historically low interest rate environment, & continue to build long term equity in a high quality, incredibly well located asset. The property is located in the Universal City/Hollywood sub-market which is easily accessible to both the San Fernando Valley, as well as Hollywood & Greater Los Angeles. The subject property's strategic location provides very close proximity to the Universal City/Studio City Metro Rail and is very near several major commuter routes of the 101 freeway. *There are 36 parking spaces available to lease directly across the street to the subject property, the lease terms of said parking are to be determined & subject to negotiation.

  • July, 2018

  • Jul 2, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,150,000

    Price

  • April, 2014

  • Apr 1, 2014

    Date

    Sold (Public Records)

    Public Records

    $735,007

    Price

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Tax History for 3341 Cahuenga Blvd

Assessed Value (2020): $2,193,000
Year Land Value Improved Value Assessed Value
2020 $1,428,000 $765,000 $2,193,000

Home Value Compared to the Market

This property vs the competition

3341 Cahuenga Blvd is listed 124.49% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $830.31 per/sqft which puts the price per square foot 7.28% higher than the median price per square foot for the city of Los Angeles.

About 3341 Cahuenga Blvd

Detailed summary of property

3341 Cahuenga Blvd is a multi family located in Los Angeles, CA 90068 and is currently for sale. This multi family property offers -- bedrooms, 1 bathrooms, roughly 3,312 living square feet, and sits on an approximately 3,595 square foot lot. 3341 Cahuenga Blvd was first listed on ArdentRealEstateGroup.com on January 29, 2024. The homeowner is currently asking $2,750,000 and was originally asking $2,850,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 124.49% higher than the median priced home. Local competing homes currently for sale include 648 N Hayworth Ave, 642 N Hayworth Ave and 1802 N Western Ave. While the average home in Los Angeles, CA is selling in 96 days, 3341 Cahuenga Blvd has a days on market of 81 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 3341 Cahuenga Blvd Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3341 Cahuenga Blvd

Public county record property details
Beds
--
Baths
--
Year built
1952
Sq. Ft.
3,312
Lot Size
3,594
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
2425-026-009

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,095,000
Median List Price/Sq.Ft.
$877
Median Sold Price
$2,100,000
Median Sold Price/Sq.Ft.
$897
Total Inventory
157
Median Sale to List Price %
112%
Avg Days on Market
31
Loan Type
Conventional (9.68%), FHA (3.23%), VA (0%), Cash (9.68%), Other (0%)

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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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