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3366 Descanso Dr, Los Angeles, CA 90026
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3366 Descanso Dr Los Angeles, CA 90026

$2,930,000 Sold Price as of 07/16/2021
  • 8 Beds
  • 7 Baths
  • 4,192 Sq.Ft.
Sold
$2,930,000 Sold Price as of 07/16/2021 Refinance Your Mortgage
Map preview of 3366 Descanso Dr, Los Angeles, CA 90026

Property Overview: 3366 Descanso Dr Los Angeles, CA has 8 bedrooms, 7 bathrooms, 4,192 living square feet and 5,514 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3366 Descanso Dr is the finest collection of renovated Silver Lake apartments. Uniquely appointed with high-end finishes for discerning Eastside tenants. The light-filled, open floor plan units feature Cedar and Moss lighting, Schoolhouse hardware, Cle tile, Kohler fixtures, Samsung appliances, central AC/heat, and artistic touches. Ideally located at the top of the painted Descanso Stairway leading you directly onto Sunset Blvd and all neighborhood restaurants, shops, and retail. Each unit comes with an assigned parking space and free washer/dryer use.

Listed by Nicholas Fichera | BRE #01932217 | Figure 8 Realty
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 95

Home details

Lot Sq. Ft
5,514
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20668626
City
Los Angeles
County
Los Angeles
Time on Site
1259 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,418
  • Total Rent: $145,080
  • Pro Forma/Market Rent: $145,080
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $744
  • Total Rent: $8,928
  • Pro Forma/Market Rent: $8,928
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $31,800
  • Pro Forma/Market Rent: $31,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.13
  • Gross Scheduled Income: --
  • Net Operating Income: $139,356
  • Gross Operating Income: $185,808
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3366 Descanso Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Gas Cooktop, Gas Oven
Interior Features
  • Security Features: Fire and Smoke Detection System, Carbon Monoxide Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered, Uncovered, Concrete
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Hills
  • Total # of Units: 7
  • Parcel Number: 5426010022
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 3366 Descanso Dr

Last sold for $2,930,000 on July 16th, 2021

  • July, 2021

  • Jul 19, 2021

    Date

    Sold

    CRMLS: 20668626

    $2,930,000

    Price

  • Apr 7, 2021

    Date

    Pending

    CRMLS: 20668626

    $2,998,000

    Price

  • Dec 8, 2020

    Date

    Active

    CRMLS: 20668626

    $2,998,000

    Price

  • May, 2019

  • May 9, 2019

    Date

    Leased

    CRMLS: 19442170

    $2,995

    Price

  • Apr 4, 2019

    Date

    Price Change

    CRMLS: 19442170

    $2,995

    Price

  • Mar 25, 2019

    Date

    Price Change

    CRMLS: 19442170

    $3,000

    Price

  • Mar 19, 2019

    Date

    Price Change

    CRMLS: 19442170

    $3,100

    Price

  • Mar 14, 2019

    Date

    Active

    CRMLS: 19442170

    $3,199

    Price

  • Listing provided courtesy of CRMLS

    3366 Descanso Dr is the newest collection of renovated Silver Lake apartments. Uniquely appointed with high-end finishes for discerning tenants on the Eastside. The light-filled, open floor plan units feature Cedar and Moss lighting, Schoolhouse hardware, Cle tile, Kohler fixtures, Samsung appliances and artistic touches. Ideally located at the top of the painted Descanso Stairway leading you directly onto Sunset Blvd and all neighborhood restaurants, shops and retail. Each unit comes with an assigned parking space, free washer/dryer use and the attentive property management team of Figure 8. 1 Bedroom + 1 Bathroom units also available for Lease ranging from $2,250 - $2,600. Pictures are a portfolio of all the units.

  • May, 2019

  • May 8, 2019

    Date

    Leased

    CRMLS: 19441288

    $2,395

    Price

  • Apr 4, 2019

    Date

    Price Change

    CRMLS: 19441288

    $2,395

    Price

  • Mar 25, 2019

    Date

    Price Change

    CRMLS: 19441288

    $2,250

    Price

  • Mar 19, 2019

    Date

    Price Change

    CRMLS: 19441288

    $2,400

    Price

  • Mar 7, 2019

    Date

    Active

    CRMLS: 19441288

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    3366 Descanso Dr is the newest collection of renovated Silver Lake apartments. Uniquely appointed with high-end finishes for discerning tenants on the Eastside. The light-filled, open floor plan units feature Cedar and Moss lighting, Schoolhouse hardware, Cle tile, Kohler fixtures, Samsung appliances and artistic touches. Ideally located at the top of the painted Descanso Stairway leading you directly onto Sunset Blvd and all neighborhood restaurants, shops and retail. Each unit comes with an assigned parking space, free washer/dryer use and the attentive property management team of Figure 8. 1 Bedroom + 1 Bathroom units for Lease ranging from $2,395 - $2,600. 2 Bedroom + 1 Bathroom unit for Lease at $3,000. Pictures are a portfolio of all the units.

  • October, 2017

  • Oct 4, 2017

    Date

    Sold (Public Records)

    Public Records

    $2,140,000

    Price

  • September, 2017

  • Sep 2, 2017

    Date

    Expired

    CRMLS: 17251044

    $2,175,000

    Price

  • Aug 14, 2017

    Date

    Price Change

    CRMLS: 17251044

    $2,175,000

    Price

  • Jul 13, 2017

    Date

    Active

    CRMLS: 17251044

    $2,250,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present, The Descanso Drive Apartments. Located in Prime Silver Lake, the property's unit mix is comprised of 6 one bedroom units and 1 two bedroom unit. Located in Prime Silver Lake, tenants enjoy being steps from Sunset Blvd. consisting of Los Angeles's trendiest shops, restaurants and nightlife venues. Tenants also enjoy being close to many major employment hubs including Downtown, Hollywood, Los Feliz and Koreatown.

  • April, 2017

  • Apr 6, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

Show More

Tax History for 3366 Descanso Dr

Assessed Value (2020): $2,226,456
Year Land Value Improved Value Assessed Value
2020 $1,352,520 $873,936 $2,226,456

Home Value Compared to the Market

This property vs the competition

3366 Descanso Dr sold on July 16, 2021 for 135.32% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $715.17 per/sqft which puts the price per square foot 9.59% lower than the current median sale per square foot for the city of Los Angeles.

About 3366 Descanso Dr

Detailed summary of property

3366 Descanso Dr is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 8 bedrooms, 7 bathrooms, roughly 4,192 living square feet, and sits on an approximately 5,514 square foot lot. 3366 Descanso Dr was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $2,930,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 135.32% higher than the current median priced home. Local homes that are currently for sale include 137 S La Fayette Park Pl, 907 Glendale Blvd and 343 S Occidental Blvd. While the average home in Los Angeles, CA is selling in 100 days, 3366 Descanso Dr has a days on market of 95 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 3366 Descanso Dr Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3366 Descanso Dr

Public county record property details
Beds
8
Baths
7
Year built
1962
Sq. Ft.
4,168
Lot Size
5,523
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
35
APN
5426-010-022

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$832
Median Sold Price
$1,796,500
Median Sold Price/Sq.Ft.
$802
Total Inventory
69
Median Sale to List Price %
112.99%
Avg Days on Market
18
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), 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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