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3431 9Th Ave, Los Angeles, CA 90018
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3431 9Th Ave Los Angeles, CA 90018

$755,000 Sold Price as of 05/17/2023
  • 5 Beds
  • 3 Baths
  • 2,138 Sq.Ft.
Sold
$755,000 Sold Price as of 05/17/2023 Refinance Your Mortgage
Map preview of 3431 9Th Ave, Los Angeles, CA 90018

Property Overview: 3431 9Th Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,138 living square feet and 5,600 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to own 2 homes on one lot in Jefferson Park. The front unit consists of a 2-bedroom 1 bathroom unit separate from the back house. The back house is a 3-bedroom 2-bathroom unit with alley access and additional parking. Just minutes from major freeways and shops and eateries make this investment ideally located in a prime and upcoming area. Property will need some work but and is being sold AS IS.

Listed by Dante Underwood | BRE #01841690 | Assurant Properties
Last checked: 2 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 83

Home details

Lot Sq. Ft
5,600
HOA Dues
$0/mo
Year built
1962
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
P1-12396
City
Los Angeles
County
Los Angeles
Time on Site
475 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $61,200
  • Net Operating Income: $48,960
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,240
  • Trash: $0
  • Insurance: $0

Property Details for 3431 9Th Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, See Remarks
Heating Information
  • Has Heating
  • Wall Furnace, See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, See Remarks, Laminate
  • Family Room, All Bedrooms Down, Main Floor Master Bedroom, Laundry
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle, See Remarks
  • Has Fence
  • Average Condition, Wrought Iron, Chain Link
  • Other Structures: Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Driveway Level, Driveway
Lot Information
  • Lot Features: Back Yard, Sprinklers None, Level, Front Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5044014010
  • Year Built Source: Assessor
  • Architectural Style: See Remarks
  • Foundation Details: Raised, See Remarks
  • Property is not Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: See Remarks
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: Cross Streets Jefferson Blvd & 9th Ave
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Street Lights, Urban, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 3431 9Th Ave

Last sold for $755,000 on May 17th, 2023

  • May, 2023

  • May 17, 2023

    Date

    Sold

    CRMLS: P1-12396

    $755,000

    Price

  • Jan 18, 2023

    Date

    Active

    CRMLS: P1-12396

    $985,000

    Price

Tax History for 3431 9Th Ave

Assessed Value (2020): $110,959
Year Land Value Improved Value Assessed Value
2020 $36,425 $74,534 $110,959

Home Value Compared to the Market

This property vs the competition

3431 9Th Ave sold on May 17, 2023 for 32.78% lower 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 $374.13 per/sqft which puts the price per square foot 50.45% lower than the current median sale per square foot for the city of Los Angeles.

About 3431 9Th Ave

Detailed summary of property

3431 9Th Ave is a duplex that recently sold in Los Angeles, CA 90018. This duplex offered 5 bedrooms, 3 bathrooms, roughly 2,138 living square feet, and sits on an approximately 5,600 square foot lot. 3431 9Th Ave was first listed on ArdentRealEstateGroup.com on January 18, 2023. The homeowner sold the property for $755,000. 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 32.78% lower than the current median priced home. Local homes that are currently for sale include 5175 S Van Ness Ave, 5170 S Van Ness Ave and 1496 W Vernon Ave. While the average home in Los Angeles, CA is selling in 94 days, 3431 9Th Ave has a days on market of 83 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3431 9Th 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 3431 9Th Ave

Public county record property details
Beds
5
Baths
3
Year built
1962
Sq. Ft.
2,138
Lot Size
5,599
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5044-014-010

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
$925,000
Median List Price/Sq.Ft.
$625
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
50
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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