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3347 Division St, Los Angeles, CA 90065
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3347 Division St Los Angeles, CA 90065

$1,145,000 Sold Price as of 06/11/2021
  • 6 Beds
  • 4 Baths
  • 3,722 Sq.Ft.
Sold
$1,145,000 Sold Price as of 06/11/2021 Refinance Your Mortgage
Map preview of 3347 Division St, Los Angeles, CA 90065

Property Overview: 3347 Division St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,722 living square feet and 6,934 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Advantageous investment opportunity in a gentrifying opportunity zone of Glassell Park! Welcome to this rare quadraplex featuring a total of 6 bedrooms and 4 bathrooms split between two 2/1 and two 1/1 spacious units. Each unit is separately metered and a large lot provides plenty of parking for tenants. Market rents in the areas are steadily rising and the property provides a perfect opportunity for a steady stream of passive income for the long-term investor. In a great location close to Mt Washington, Echo Park, Silver Lake and Los Feliz. Close to shopping, parks, schools and easy access to the 5, 110 and 2 freeways.

Listed by Harma Hartouni | BRE #01467929 | KW Encino-Sherman Oaks
Last checked: 3 minutes ago | Last updated: March 19th, 2024 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
6,934
HOA Dues
$0/mo
Year built
1950
Garage
6 Car
Property Type:
Fourplex
Status
Sold
MLS#
SR21054874
City
Los Angeles
County
Los Angeles
Time on Site
1175 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,280
  • Total Rent: $1,280
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,080
  • Total Rent: $1,080
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,215
  • Total Rent: $1,215
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,820
  • Net Operating Income: $4,520
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $300
  • New Taxes: $1,000
  • Trash: $100
  • Insurance: $150
  • Water/Sewer: $200

Property Details for 3347 Division St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Family Room, Living Room, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Gas Range, Gas Water Heater
Interior Features
  • Recessed Lighting
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security Lights, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Block
  • No Spa
  • Spa Features: None
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: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5456017019
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Between N San Fernando Rd and Wallan St
Neighborhood Information
  • Community Features: Gutters, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 3347 Division St

Last sold for $1,145,000 on June 11th, 2021

  • November, 2023

  • Nov 24, 2023

    Date

    Canceled

    CRMLS: 23310615

    $1,245,000

    Price

  • Sep 12, 2023

    Date

    Active

    CRMLS: 23310615

    $1,299,888

    Price

  • Listing provided courtesy of CRMLS

    Step into the exciting world of investment real estate and discover an irresistible investment gem nestled in the heart of the burgeoning Glassell Park! Feast your eyes on this exceptional quadruplex, a true rarity in the making, boasting a grand total of 6 bedrooms and 4 bathrooms thoughtfully spread across two 2-bedroom/1-bathroom and two 1-bedroom/1-bathroom spacious units. The adventure begins with each unit having its own separate meter, ensuring a hassle-free experience for both you and your future tenants. And let's not forget the colossal lot, which generously offers ample parking spaces, ensuring your tenants never have to hunt for a parking spot again! But here's where the magic happens: the surrounding market is on an upward trajectory, with rents steadily climbing to new heights. This remarkable property isn't just a golden ticket; it's your passport to a continuous flow of passive income for savvy, long-term investors like yourself. Nestled in a prime location that's a stone's throw away from Mount Washington, Echo Park, Silver Lake, and Los Feliz, you'll have easy access to all the vibrant cultural scenes and amenities these neighborhoods have to offer. Shopaholics, nature enthusiasts, and scholars will be equally thrilled, as shopping, parks, schools, and major freeways (hello, 5, 110, and 2) are all conveniently within reach. So, seize the opportunity to ride the wave of growth and prosperity in Glassell Park's exciting Opportunity Zone. Don't just invest embark on an adventure that promises lucrative returns and endless possibilities!

  • October, 2022

  • Oct 28, 2022

    Date

    Canceled

    CRMLS: 22183267

    $1,225,000

    Price

  • Jul 26, 2022

    Date

    Active

    CRMLS: 22183267

    $1,259,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCTION! A special mid-century four-flex in desirable Glassell Park, one of the fastest appreciating areas in the Los Angeles area, consisting of separately metered two large 2- bedroom/1- bath units, and two large 1-bedroom/1-bath units, with marked income upsides. An expansive parking area provides tenants plenty of parking, with an additional annual income of $1,200 (included in the GI). The property boasts a newly installed electronic vehicle entrance-gate, a newly installed camera security system, and nicely upgraded landscaping. The property is located conveniently close to Mt. Washington, Echo Park, Silver Lake, and Los Feliz, as well as to shopping areas, parks, schools, with easy access to the 5, the 110, and the 2 freeways.

  • June, 2021

  • Jun 11, 2021

    Date

    Sold

    CRMLS: SR21054874

    $1,145,000

    Price

  • Jun 9, 2021

    Date

    Pending

    CRMLS: SR21054874

    $999,000

    Price

  • Jun 6, 2021

    Date

    Sold

    CRMLS: SR21054874

    $1,145,000

    Price

  • Apr 30, 2021

    Date

    Pending

    CRMLS: SR21054874

    $999,000

    Price

  • Apr 16, 2021

    Date

    Active Under Contract

    CRMLS: SR21054874

    $999,000

    Price

  • Mar 16, 2021

    Date

    Active

    CRMLS: SR21054874

    $999,000

    Price

  • November, 2012

  • Nov 13, 2012

    Date

    Sold (Public Records)

    Public Records

    $399,000

    Price

  • January, 2012

  • Jan 20, 2012

    Date

    Sold (Public Records)

    Public Records

    $375,750

    Price

Show More

Tax History for 3347 Division St

Assessed Value (2020): $449,260
Year Land Value Improved Value Assessed Value
2020 $285,996 $163,264 $449,260

Home Value Compared to the Market

This property vs the competition

3347 Division St sold on June 11, 2021 for 11.59% lower 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 $268.4 per/sqft which puts the price per square foot 64.4% lower than the current median sale per square foot for the city of Los Angeles.

About 3347 Division St

Detailed summary of property

3347 Division St is a fourplex that recently sold in Los Angeles, CA 90065. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 3,722 living square feet, and sits on an approximately 6,934 square foot lot. 3347 Division St was first listed on ArdentRealEstateGroup.com on March 16, 2021. The homeowner sold the property for $1,145,000. 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 11.59% lower than the current median priced home. Local homes that are currently for sale include 3213 Huron St, 3945 York Blvd and 401 W Avenue 37. While the average home in Los Angeles, CA is selling in 94 days, 3347 Division St has a days on market of 27 days. There are currently 3780 homes for sale in the Los Angeles real estate market and 2562 of them are single family homes while 1120 of them are condos and 92 are townhomes. For more information on this home for sale at 3347 Division St Los Angeles, CA 90065 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3347 Division St

Public county record property details
Beds
6
Baths
4
Year built
1950
Sq. Ft.
3,722
Lot Size
6,934
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
154
APN
5456-017-019

The source for these homes facts are from public records.

90065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,181,935
Median List Price/Sq.Ft.
$749
Median Sold Price
$1,250,000
Median Sold Price/Sq.Ft.
$872
Total Inventory
91
Median Sale to List Price %
119.16%
Avg Days on Market
32
Loan Type
Conventional (28.57%), FHA (4.76%), VA (4.76%), Cash (19.05%), Other (0%)

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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