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3367 Andrita St, Los Angeles, CA 90065
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3367 Andrita St Los Angeles, CA 90065

$8,600,000 Sold Price as of 01/27/2023
  • 73 Beds
  • 70 Baths
  • 28,399 Sq.Ft.
Sold
$8,600,000 Sold Price as of 01/27/2023 Refinance Your Mortgage
Map preview of 3367 Andrita St, Los Angeles, CA 90065

Property Overview: 3367 Andrita St Los Angeles, CA has 73 bedrooms, 70 bathrooms, 28,399 living square feet and 28,444 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3367 Andrita Street is 35-unit apartment building located in the Glassell Park neighborhood of Los Angeles. Perched on a hilltop with breathtaking views of Downtown LA and the Elysian Valley, the property was built in 1989 and is not subject to local City of Los Angeles rent control. Instead, the property is subject to AB 1482 which enables owners to increase rents by 5%, plus the Consumer Price Index with a max ceiling rent increase of ten (10%) percent. 3367 Andrita Street boasts thirty-two (32) two-bedroom/two-bathroom units and three (3) three-bedroom/two-bathroom units. There are currently 22 apartment units vacant; however, owners are marketing for lease four (4) of the 2bedroom units at a monthly rate of $2,295/month. Lastly, 3367 Andrita Street is under a land use restrictive agreement that will expire in seventeen years (2039). Seven (7) units are subject to very low income and six (6) units are subject to low income. Glassell Park has seen a tremendous amount of redevelopment over the past couple of years that has spurred the demand for new housing in the neighborhood. Within a one-block radius, thirty-seven (37) small lot homes are being completed and will be for sale starting in the $900,000 range. In addition, a developer has broken ground for a 370-unit apartment building that is less than half a mile away. As new construction continues to develop in Glassell Park, rents and values will continue to increase for the next owner.

Listed by Andres Diaz | BRE #01956479 | Keller Williams Downtown LA
Last checked: 11 minutes ago | Last updated: February 24th, 2024 | Source CRMLS | DOM: 96

Home details

Lot Sq. Ft
28,444
HOA Dues
$0/mo
Year built
1989
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22204047
City
Los Angeles
County
Los Angeles
Time on Site
731 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 35
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 32
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $864
  • Total Rent: $864
  • Pro Forma/Market Rent: $63,157
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $911
  • Total Rent: $911
  • Pro Forma/Market Rent: $8,085
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 1.45%
  • Gross Rent Multiplier: 25.48
  • Gross Scheduled Income: --
  • Net Operating Income: $135,011
  • Gross Operating Income: $364,749
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3367 Andrita St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave
Interior Features
  • Ceiling Fan(s)
  • Levels: Multi/Split
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s), Window Bars
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 70
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Estimated
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 35
  • Parcel Number: 5458026013
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: west of the 2 Freeway -- the nearest major cross streets are Fletcher Drive & N. San Fernando Road.
View more facts & features

Local Los Angeles Agent

Sale History for 3367 Andrita St

Last leased for $3,150 on October 31st, 2023

  • February, 2024

  • Feb 23, 2024

    Date

    Expired

    CRMLS: 23305055

    $2,800

    Price

  • Aug 23, 2023

    Date

    Active

    CRMLS: 23305055

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Welcome to our updated 2 and 3 bedroom units in the highly sought-after Glassell Park neighborhood! These spacious units have been thoughtfully redesigned to meet the needs of today's urban dweller.Step into your new home and be greeted by sleek an abundance of natural light. The open concept living and dining area flows seamlessly into the fully equipped kitchen, featuring refrigerator, stove and dishwasher.Select units also offer breathtaking hillside views, providing a serene escape from the hustle and bustle of city life.Additional amenities include central air conditioning and heating and designated covered parking spaces.Located in the vibrant Glassell Park neighborhood, you'll enjoy easy access to a variety of trendy restaurants, cafes, and shops. With convenient access to major freeways and public transportation, the entire city is just a short commute away.Come experience the best of urban living in one of our stunningly remodeled 2 and 3 bedroom units in Glassell Park!

  • October, 2023

  • Oct 31, 2023

    Date

    Leased

    CRMLS: 23304959

    $3,150

    Price

  • Aug 23, 2023

    Date

    Active

    CRMLS: 23304959

    $3,150

    Price

  • Listing provided courtesy of CRMLS

    Welcome to our updated 2 and 3 bedroom units in the highly sought-after Glassell Park neighborhood! These spacious units have been thoughtfully redesigned to meet the needs of today's urban dweller.Step into your new home and be greeted by sleek an abundance of natural light. The open concept living and dining area flows seamlessly into the fully equipped kitchen, featuring refrigerator, stove and dishwasher.Select units also offer breathtaking hillside views, providing a serene escape from the hustle and bustle of city life.Additional amenities include central air conditioning and heating and designated covered parking spaces.Located in the vibrant Glassell Park neighborhood, you'll enjoy easy access to a variety of trendy restaurants, cafes, and shops. With convenient access to major freeways and public transportation, the entire city is just a short commute away.Come experience the best of urban living in one of our stunningly remodeled 2 and 3 bedroom units in Glassell Park!

  • October, 2023

  • Oct 13, 2023

    Date

    Leased

    CRMLS: 23305053

    $2,595

    Price

  • Aug 23, 2023

    Date

    Active

    CRMLS: 23305053

    $2,595

    Price

  • Listing provided courtesy of CRMLS

    Welcome to our updated 2 and 3 bedroom units in the highly sought-after Glassell Park neighborhood! These spacious units have been thoughtfully redesigned to meet the needs of today's urban dweller.Step into your new home and be greeted by sleek an abundance of natural light. The open concept living and dining area flows seamlessly into the fully equipped kitchen, featuring refrigerator, stove and dishwasher.Select units also offer breathtaking hillside views, providing a serene escape from the hustle and bustle of city life.Additional amenities include central air conditioning and heating and designated covered parking spaces.Located in the vibrant Glassell Park neighborhood, you'll enjoy easy access to a variety of trendy restaurants, cafes, and shops. With convenient access to major freeways and public transportation, the entire city is just a short commute away.Come experience the best of urban living in one of our stunningly remodeled 2 and 3 bedroom units in Glassell Park!

  • September, 2023

  • Sep 16, 2023

    Date

    Leased

    CRMLS: 23305049

    $3,200

    Price

  • Aug 23, 2023

    Date

    Active

    CRMLS: 23305049

    $3,150

    Price

  • Listing provided courtesy of CRMLS

    Welcome to our updated 2 and 3 bedroom units in the highly sought-after Glassell Park neighborhood! These spacious units have been thoughtfully redesigned to meet the needs of today's urban dweller.Step into your new home and be greeted by sleek an abundance of natural light. The open concept living and dining area flows seamlessly into the fully equipped kitchen, featuring refrigerator, stove and dishwasher.Select units also offer breathtaking hillside views, providing a serene escape from the hustle and bustle of city life.Additional amenities include central air conditioning and heating and designated covered parking spaces.Located in the vibrant Glassell Park neighborhood, you'll enjoy easy access to a variety of trendy restaurants, cafes, and shops. With convenient access to major freeways and public transportation, the entire city is just a short commute away.Come experience the best of urban living in one of our stunningly remodeled 2 and 3 bedroom units in Glassell Park!

  • January, 2023

  • Jan 27, 2023

    Date

    Sold

    CRMLS: 22204047

    $8,600,000

    Price

  • Sep 28, 2022

    Date

    Active

    CRMLS: 22204047

    $9,295,000

    Price

  • July, 2002

  • Jul 16, 2002

    Date

    Sold (Public Records)

    Public Records

    $2,125,000

    Price

  • October, 1993

  • Oct 12, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3367 Andrita St

Assessed Value (2020): $2,565,261
Year Land Value Improved Value Assessed Value
2020 $542,966 $2,022,295 $2,565,261

Home Value Compared to the Market

This property vs the competition

3367 Andrita St sold on January 27, 2023 for 729.91% 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 $327.3 per/sqft which puts the price per square foot 54.79% lower than the current median sale per square foot for the city of Los Angeles.

About 3367 Andrita St

Detailed summary of property

3367 Andrita St is a multi family that recently sold in Los Angeles, CA 90065. This multi family property offered 73 bedrooms, 70 bathrooms, roughly 28,399 living square feet, and sits on an approximately 28,444 square foot lot. 3367 Andrita St was first listed on ArdentRealEstateGroup.com on September 29, 2022. The homeowner sold the property for $8,600,000. 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 729.91% higher than the current median priced home. Local homes that are currently for sale include 11942-11948 Darlington Ave, 7531 Knott Ave and 826 N Barranca Ave. While the average home in Los Angeles, CA is selling in 106 days, 3367 Andrita St has a days on market of 96 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 3367 Andrita 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 3367 Andrita St

Public county record property details
Beds
--
Baths
--
Year built
1989
Sq. Ft.
28,399
Lot Size
21,448
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
40,41
APN
5458-026-013

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
$1,199,000
Median List Price/Sq.Ft.
$796
Median Sold Price
$1,253,094
Median Sold Price/Sq.Ft.
$681
Total Inventory
86
Median Sale to List Price %
100.25%
Avg Days on Market
33
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (25%), Other (15%)

Thinking of Selling?

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Recently Sold Homes Near 3367 Andrita St

3336 Andrita St, Los Angeles, CA 90065
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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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