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3406 2Nd Ave, Los Angeles, CA 90018
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3406 2Nd Ave Los Angeles, CA 90018

$690,000
  • 7 Beds
  • 4 Baths
  • 3,760 Sq.Ft.
For Sale
$690,000 Get Pre-Qualified
Map preview of 3406 2Nd Ave, Los Angeles, CA 90018

Property Overview: 3406 2Nd Ave Los Angeles, CA has 7 bedrooms, 4 bathrooms, 3,760 living square feet and 3,642 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great Opportunity to own income property! 2-buildings consisting of 4 units, (3) two bedroom, one bath units and (1) one bedroom, one bath unit. The property had great square footage. All units are good sized. Unit 3410 (upstairs) has a balcony looking out to 2nd Ave.

Listed by Ronald G Jackson | BRE #01363276 | Compass
Co-listed by Johnny Hayes | BRE #01897908 | Compass
Last checked: 4 minutes ago | Last updated: August 29th, 2024 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
3,642
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24430751
City
Los Angeles
County
Los Angeles
Time on Site
24 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,820
  • Total Rent: $1,820
  • Pro Forma/Market Rent: $2,080
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,514
  • Total Rent: $1,514
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $745
  • Total Rent: $745
  • Pro Forma/Market Rent: $2,080
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $666
  • Total Rent: $666
  • Pro Forma/Market Rent: $2,080
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 3406 2Nd Ave

No upcoming open houses

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Property Details for 3406 2Nd Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 4
  • Parcel Number: 5042003002
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Jefferson Blvd, West of Western Ave
View more facts & features

Local Los Angeles Agent

Sale History for 3406 2Nd Ave

Last sold on June 14th, 1994

  • August, 2024

  • Aug 22, 2024

    Date

    Canceled

    CRMLS: 24421951

    $925,000

    Price

  • Jul 31, 2024

    Date

    Active

    CRMLS: 24421951

    $925,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity to own income property. 2-buildings consisting of 4 units, (3) two bedroom, one bath units and (1) one bedroom, one bath units. Listing agent has not seen the interior of the units. The MLS will be updated as soon as agent has access to all units.

  • August, 2024

  • Aug 21, 2024

    Date

    Active

    CRMLS: 24430751

    $690,000

    Price

  • June, 1994

  • Jun 14, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3406 2Nd Ave

Assessed Value (2020): $52,755
Year Land Value Improved Value Assessed Value
2020 $16,027 $36,728 $52,755

Home Value Compared to the Market

This property vs the competition

3406 2Nd Ave is listed 42.5% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $766 and this home is listed at $183.51 per/sqft which puts the price per square foot 76.04% lower than the median price per square foot for the city of Los Angeles.

About 3406 2Nd Ave

Detailed summary of property

3406 2Nd Ave is a multi family located in Los Angeles, CA 90018 and is currently for sale. This multi family property offers 7 bedrooms, 4 bathrooms, roughly 3,760 living square feet, and sits on an approximately 3,642 square foot lot. 3406 2Nd Ave was first listed on ArdentRealEstateGroup.com on August 23, 2024. The homeowner is currently asking $690,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $766. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 42.5% lower than the median priced home. Local competing homes currently for sale include 4417 5th Ave, 2001 Cambridge St and 5166 S Manhattan Pl. While the average home in Los Angeles, CA is selling in 104 days, 3406 2Nd Ave has a days on market of 25 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 3406 2Nd Ave Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3406 2Nd Ave

Public county record property details
Beds
6
Baths
4
Year built
1922
Sq. Ft.
3,760
Lot Size
3,641
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5042-003-002

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,800
Median List Price/Sq.Ft.
$640
Median Sold Price
$1,040,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
62
Median Sale to List Price %
104.1%
Avg Days on Market
38
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

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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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