3376 Descanso Dr Los Angeles, CA 90026

$--

6 Beds
7 Baths
3,946 Sq.Ft.

Off Market

Map preview of 3376 Descanso Dr, Los Angeles, CA 90026

Property Overview: 3376 Descanso Dr Los Angeles, CA has 6 bedrooms, 7 bathrooms, 3,946 living square feet and 5,274 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3376 Descanso Dr is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 3376 Descanso Dr

Last sold on February 26th, 2010

June, 2020
Jun 4, 2020

Date

Expired

CRMLS: 20559716

$2,079,000

Price
Mar 2, 2020

Date

Active

CRMLS: 20559716

$2,079,000

Price
Listing provided courtesy of CRMLS

Sharp 2-Story Silverlake apartment building with views from upper level to the downtown skyline and Hollywood sign. Large 2-story townhouse unit with fireplace was just gutted and remodeled with a new tenant. Currently asking $297K per unit. Walk to the Sunset Blvd Blvd restaurants, bars, shopping, and coffee shops. Great bread and butter sold investment property. Buyer to cooperate with seller's 1031 exchange at no cost or delay to buyer. Call listing agent for more information.

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April, 2020
Apr 1, 2020

Date

Expired

CRMLS: SB19124727

$2,100,000

Price
Feb 21, 2020

Date

Withdrawn

CRMLS: SB19124727

$2,100,000

Price
Nov 14, 2019

Date

Price Change

CRMLS: SB19124727

$2,100,000

Price
Oct 27, 2019

Date

Active

CRMLS: SB19124727

$2,150,000

Price
Oct 21, 2019

Date

Active Under Contract

CRMLS: SB19124727

$2,150,000

Price
Jul 19, 2019

Date

Price Change

CRMLS: SB19124727

$2,150,000

Price
May 29, 2019

Date

Active

CRMLS: SB19124727

$2,200,000

Price
Listing provided courtesy of CRMLS

Solid price reduction for this well-maintained 7 unit Silverlake listing at 3376 Descanso Drive, LA 90026. Featuring a good unit mix with a recently remodeled 1+2 townhome; four 1+1 units, and two studio units with a very stable tenancy. The current gross income is $10,339/mth; $124,068/yr with rent upside to $13,625/mth. At the recently reduced $2.1 price, we're asking: $300,000/unit; a 16.93 current GRM; a 12.84 market GRM; a 3.79% current CAP; a 5.61% market CAP, and $532/SF. This Descanso property offers the astute investor positive cash flow from Day 1 with over 30% further rent upside in one of LA's hippest & most rapidly appreciating submarkets. A+ location with breathtaking views of the Hollywood Sign; Griffith Observatory & the ever-growing DTLA skyline from the upper units. Amazing devoted stairway straight down to Sunset Blvd making it a quick walk to a ton of great local spots including: Night+Market Song; Diablo; Los Globos; Silverlake Ramen; WOOD; Silverlake Lounge; Ali Mama Cafe, and Alfred Coffee. Also very conveniently located close to Bellevue Recreation Center & Laurel and Hardy Park for outdoor activities.

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February, 2010
Feb 26, 2010

Date

Sold (Public Records)

Public Records

--

Price
May, 2009
May 29, 2009

Date

Sold (Public Records)

Public Records

$955,000

Price

Tax History for 3376 Descanso Dr

Assessed Value (2020): $1,125,548

Year	Land Value	Improved Value	Assessed Value
2020	$786,563	$338,985	$1,125,548

About 3376 Descanso Dr

Detailed summary of property

3376 Descanso Dr is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90026 and is currently off market. This property has 6 bedrooms, 7 bathrooms, roughly 3,946 living square feet, and sits on an approximately 5,274 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Local nearby listings include 3452 Plata St, 654 N Virgil Ave #320 and 1262 Hyperion Ave. The average home in Los Angeles, CA is selling in 106 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. If you are the homeowner and looking to sell the home at 3376 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 3376 Descanso Dr

Public county record property details

Beds: 6
Baths: 7
Year built: 1964
Sq. Ft.: 3,946
Lot Size: 5,274
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 37
APN: 5426-010-024

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

$1,250,000

Median List Price/Sq.Ft.

$822

Median Sold Price

$1,217,000

Median Sold Price/Sq.Ft.

$985

Total Inventory

Median Sale to List Price %

101.5%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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(714) 706-1823

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