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3401 Club Dr, Los Angeles, CA 90064
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3401 Club Dr Los Angeles, CA 90064

$3,415,000 Sold Price as of 12/02/2021
  • 18 Beds
  • 10 Baths
  • 8,830 Sq.Ft.
Sold
$3,415,000 Sold Price as of 12/02/2021 Refinance Your Mortgage
Map preview of 3401 Club Dr, Los Angeles, CA 90064

Property Overview: 3401 Club Dr Los Angeles, CA has 18 bedrooms, 10 bathrooms, 8,830 living square feet and 10,811 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Seller authorized major price reduction. Just reduced! Well-maintained Cheviot Hills Prime 10-unit Apartment building consisting of a great mix: eight 2 bedroom/1 bath and two 1 bedroom/1 bath units. Completed Soft Retrofit in 2019 with permits. 1 block to the Expo Line station at National and Palms. Walk/bike to Downtown Culver City, Venice Boulevard and the future 600,000 sf Google campus at the former site of the Westside Pavilion. Loads of upside and an ideal mix! Rents below market with large upside. On-site carport parking spaces including storage, plus two garages. Separate storage area for building management/maintenance. Units separately metered for gas and electric. Copper re-pipe in 2008. New roof installed in 2017. TOC Tier 3 development opportunity - TOC Tier 3 Density can build 19 units with minimal 10 parking requirement (documents available & attached to this listing).

Listed by Louis Perez | BRE #01218758 | Tradewind Realty
Last checked: 7 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 53

Home details

Lot Sq. Ft
10,811
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21772368
City
Los Angeles
County
Los Angeles
Time on Site
1006 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,580
  • Total Rent: $1,580
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,175
  • Total Rent: $2,175
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,190
  • Total Rent: $2,190
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,235
  • Total Rent: $1,235
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.78
  • Gross Scheduled Income: --
  • Net Operating Income: $150,149
  • Gross Operating Income: $221,460
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3401 Club Dr

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside, Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator, Gas Oven, Gas Range
Interior Features
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Yard
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 10
  • Parcel Number: 4316023006
  • Architectural Style: Contemporary
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North of Palms Blvd. South of Motor Avenue & West of Manning Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 3401 Club Dr

Last sold for $3,415,000 on December 2nd, 2021

  • August, 2021

  • Aug 27, 2021

    Date

    Price Change

    CRMLS: 21772368

    $3,595,000

    Price

  • Aug 15, 2021

    Date

    Active

    CRMLS: 21772368

    $3,695,000

    Price

  • December, 2020

  • Dec 17, 2020

    Date

    Expired

    CRMLS: 20592124

    $3,495,000

    Price

  • Oct 29, 2020

    Date

    Price Change

    CRMLS: 20592124

    $3,495,000

    Price

  • Oct 14, 2020

    Date

    Price Change

    CRMLS: 20592124

    $3,555,000

    Price

  • Sep 2, 2020

    Date

    Price Change

    CRMLS: 20592124

    $3,595,000

    Price

  • Jul 29, 2020

    Date

    Active

    CRMLS: 20592124

    $3,695,000

    Price

  • Jul 29, 2020

    Date

    Hold

    CRMLS: 20592124

    $3,695,000

    Price

  • Jun 17, 2020

    Date

    Active

    CRMLS: 20592124

    $3,695,000

    Price

  • Listing provided courtesy of CRMLS

    Well-maintained Cheviot Hills Prime 10-unit Apartment building consisting of a great mix: eight 2 bedroom/1 bath and two 1 bedroom/1 bath units. NO COVID DEFERRED RENTS. 1 block to the Expo Line station at National and Palms. Walk/bike to Downtown Culver City, Venice Boulevard and the future 600,000 sf Google campus at the former site of the Westside Pavilion. Soft Story retrofitted this year in 2019, + loads of upside and an ideal mix! Rents below market with large upside with one unit vacating & projected in income. On-site parking spaces including storage and two garages. Separate storage area for building management/maintenance. Units separately metered for gas and electric. Copper re-pipe in 2008. New roof installed in 2017. TOC Tier 3 development opportunity - TOC Tier 3 Density can build 19 units with minimal 10 parking requirement (documents available & attached to this listing).

  • June, 2020

  • Jun 17, 2020

    Date

    Canceled

    CRMLS: 19530360

    $3,495,000

    Price

  • Jun 17, 2020

    Date

    Withdrawn

    CRMLS: 19530360

    $3,495,000

    Price

  • Nov 27, 2019

    Date

    Active Under Contract

    CRMLS: 19530360

    $3,495,000

    Price

  • Nov 15, 2019

    Date

    Active

    CRMLS: 19530360

    $3,495,000

    Price

  • Listing provided courtesy of CRMLS

    Well-maintained Cheviot Hills Prime 10-unit Apartment building consisting of a great mix: eight 2 bedroom/1 bath and two 1 bedroom/1 bath units. TOC Tier 3 development opportunity - TOC Tier 3 Density can build 19 units with minimal 10 parkings requirement (documents available & attached to this listing). 1 block to the Expo Line station at National and Palms. Walk/bike to Downtown Culver City, Venice Boulevard and the future 600,000sf Google campus at the former site of the Westside Pavilion. Soft Story retrofitted this year in 2019 with loads of upside and an ideal mix! Rents below market with large upside. On-site parking spaces including storage and two garages. Separate storage area for building management/maintenance. Units separately metered for gas and electric. Copper re-pipe in 2008. New roof installed in 2017.

  • August, 2019

  • Aug 11, 2019

    Date

    Expired

    CRMLS: 19465466

    $3,680,000

    Price

  • May 26, 2019

    Date

    Withdrawn

    CRMLS: 19465466

    $3,680,000

    Price

  • May 11, 2019

    Date

    Active

    CRMLS: 19465466

    $3,680,000

    Price

  • Listing provided courtesy of CRMLS

    Well-maintained Cheviot Hills Prime 10-unit Apartment building consisting of a great mix: eight 2 bedroom/1 bath and two 1 bedroom/1 bath units. TOC Tier 3 development opportunity - TOC Tier 3 Density can build 19 units with minimal 10 parkings requirement (documents available & attached to this listing). 1 block to the Expo Line station at National and Palms. Walk/bike to Downtown Culver City, Venice Boulevard and the future 600,000sf Google campus at the former site of the Westside Pavilion. Soft Story retrofitted this year in 2019 with loads of upside and an ideal mix! Rents below market with large upside. On-site parking spaces including storage and two garages. Separate storage area for building management/maintenance. Units separately metered for gas and electric. Copper re-pipe in 2008. New roof installed in 2017.

  • December, 2014

  • Dec 12, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 1998

  • Mar 27, 1998

    Date

    Sold (Public Records)

    Public Records

    $649,000

    Price

Show More

Tax History for 3401 Club Dr

Assessed Value (2020): $947,549
Year Land Value Improved Value Assessed Value
2020 $730,017 $217,532 $947,549

Home Value Compared to the Market

This property vs the competition

3401 Club Dr sold on December 2, 2021 for 193.7% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $395.81 per/sqft which puts the price per square foot 47.57% lower than the current median sale per square foot for the city of Los Angeles.

About 3401 Club Dr

Detailed summary of property

3401 Club Dr is a multi family that recently sold in Los Angeles, CA 90064. This multi family property offered 18 bedrooms, 10 bathrooms, roughly 8,830 living square feet, and sits on an approximately 10,811 square foot lot. 3401 Club Dr was first listed on ArdentRealEstateGroup.com on August 15, 2021. The homeowner sold the property for $3,415,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 193.7% higher than the current median priced home. Local homes that are currently for sale include 1508 S Durango Ave, 6018 Comey Ave and 1170 S Robertson Blvd. While the average home in Los Angeles, CA is selling in 92 days, 3401 Club Dr has a days on market of 53 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 3401 Club Dr Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3401 Club Dr

Public county record property details
Beds
18
Baths
10
Year built
1955
Sq. Ft.
8,830
Lot Size
10,810
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4316-023-006

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,849,000
Median List Price/Sq.Ft.
$976
Median Sold Price
$1,521,000
Median Sold Price/Sq.Ft.
$976
Total Inventory
62
Median Sale to List Price %
101.4%
Avg Days on Market
37
Loan Type
Conventional (14.29%), FHA (4.76%), VA (0%), Cash (0%), Other (9.52%)

Thinking of Selling?

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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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