3451 3Rd Ave, Los Angeles, CA 90018
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3451 3Rd Ave Los Angeles, CA 90018

$780,000 Sold Price as of 06/30/2021
  • 4 Beds
  • 2 Baths
  • 1,650 Sq.Ft.
Sold
$780,000 Sold Price as of 06/30/2021 Refinance Your Mortgage

Map preview of 3451 3Rd Ave, Los Angeles, CA 90018

Property Overview: 3451 3Rd Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,650 living square feet and 5,796 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rental Income in a Great location at Historical Jefferson Park! This opportunity for investors or first time home buyers to own, rent or live in a duplex. Two Unit Building with 2 bedroom - 1 bath and 2 bedroom -1.5 bathroom units. Laundry is in inits. Units are identical. Hardwood flooring. Remodeled bathroom in the seller's - occupied unit.The garages on the property have potential for ADU to increase cash flow( check with the city of LA). Convenient distance from USC, The Expo Line, Downtown, Coliseum, the Rams Stadium, Freeways, Shopping.

Listed by Yelena Mun | BRE #01975696 | Beverly and Company, Inc.
Co-listed by Max Bautista Jr. | BRE #01477568 | Beverly and Company, Inc.
Last checked: 3 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
5,796
HOA Dues
$0/mo
Year built
1922
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
21728504
City
Los Angeles
County
Los Angeles
Time on Site
1100 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,391
  • Total Rent: $1,391
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $36,061
  • Gross Operating Income: $44,400
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $38
  • New Taxes: $4,682
  • Trash: $36
  • Gardener: $100
  • Water/Sewer: $64

Property Details for 3451 3Rd Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Fireplace Information
  • Has Fireplace
  • Decorative, Living Room
Kitchen Information
  • Has Appliances
  • Gas Oven
Interior Features
  • Window Features: Blinds
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Gated, Garage - Single Door, Paved
Lot Information
  • Lot Features: Front Yard, Back Yard, Landscaped
  • Lot Size Source: Assessor
Property Information
  • Has View
  • Total # of Units: 2
  • Parcel Number: 5042001018
  • Architectural Style: Colonial
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between W Jefferson Blvd- Arlington Blvd- Exposition Blvd-7th Ave
View more facts & features

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Sale History for 3451 3Rd Ave

Last sold for $780,000 on June 30th, 2021
  • July, 2021

  • Jul 1, 2021

    Date

    Sold

    CRMLS: 21728504

    $780,000

    Price

  • May 21, 2021

    Date

    Pending

    CRMLS: 21728504

    $699,900

    Price

  • May 17, 2021

    Date

    Hold

    CRMLS: 21728504

    $699,900

    Price

  • May 12, 2021

    Date

    Active

    CRMLS: 21728504

    $699,900

    Price

  • January, 2013

  • Jan 7, 2013

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

  • May, 2012

  • May 8, 2012

    Date

    Sold (Public Records)

    Public Records

    $502,210

    Price

Show More

Tax History for 3451 3Rd Ave

Assessed Value (2020): $365,939
Year Land Value Improved Value Assessed Value
2020 $253,343 $112,596 $365,939

Home Value Compared to the Market

This property vs the competition

3451 3Rd Ave sold on June 30, 2021 for 41.18% 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 $424.18 per/sqft which puts the price per square foot 43.82% lower than the current median sale per square foot for the city of Los Angeles.

About 3451 3Rd Ave

Detailed summary of property

3451 3Rd Ave is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,650 living square feet, and sits on an approximately 5,796 square foot lot. 3451 3Rd Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $780,000. 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 41.18% lower than the current median priced home. Local homes that are currently for sale include 2001 Cambridge St, 1543 W 22nd Pl and 5170 S Van Ness Ave. While the average home in Los Angeles, CA is selling in 94 days, 3451 3Rd Ave has a days on market of 6 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 3451 3Rd 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 3451 3Rd Ave

Public county record property details
Beds
2
Baths
2
Year built
1922
Sq. Ft.
1,650
Lot Size
5,796
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
5042-001-018

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
$949,000
Median List Price/Sq.Ft.
$684
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
53
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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.