3456 Plata St, Los Angeles, CA 90026
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3456 Plata St Los Angeles, CA 90026

$1,125,000
  • 3 Beds
  • 4 Baths
  • 1,520 Sq.Ft.
For Sale
$1,125,000 Get Pre-Qualified

Map preview of 3456 Plata St, Los Angeles, CA 90026

Property Overview: 3456 Plata St Los Angeles, CA has 3 bedrooms, 4 bathrooms, 1,520 living square feet and 3,757 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: ***Just reduced by $75,000*** Located 0.5 miles from Vigil Ave, 3456 Plata is a four-unit bungalow-style complex minutes from one of LA's "coolest" streets. This culturally rich neighborhood is home to a flourishing food scene and famous boutique breathing new life into the community. Notable establishments along Virgil Ave include Sqirl, Melody, Courage Bagels, Bolita, Voodoo Vin, and Kin Kan's. In addition, the property is located 1.0 mile south of Sunset Blvd and the Silver Lake neighborhood. 3456 Plata features (1) 2-bdrm. unit, (1) VACANT 1-bdrm. unit, and (2) studio units that offer approx. 59% rental upside. Each unit features wood flooring and plenty of large windows that allow abundant natural light. Please note, the two-bdrm. unit features a private back patio that serves as a perfect entertainment/dining space. At projected market rents, the property will stabilize at a 7.66% CAP and 10.06 GRM.

Listed by Max Berger | BRE #02054048 | Compass
Last checked: 1 minute ago | Last updated: July 8th, 2024 | Source CRMLS | DOM: 90
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Home details

Lot Sq. Ft
3,757
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24381939
City
Los Angeles
County
Los Angeles
Time on Site
91 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,795
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,495
  • Total Rent: $2,495
  • Pro Forma/Market Rent: $2,495
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $710
  • Total Rent: $1,419
  • Pro Forma/Market Rent: $3,990
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.88
  • Gross Scheduled Income: --
  • Net Operating Income: $46,780
  • Gross Operating Income: $69,077
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3456 Plata St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: One
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Uncovered, Side by Side
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5401011005
  • Architectural Style: Bungalow
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located two blocks east of Virgil Ave and north of the 101 Fwy. 3456 Plata is 0.5 miles from the heart of the Virgil Village neighborhood and 1.0 mile south of Sunset Blvd.
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Sale History for 3456 Plata St

Last sold on May 9th, 2013
  • April, 2024

  • Apr 18, 2024

    Date

    Active

    CRMLS: 24381939

    $1,200,000

    Price

  • August, 2022

  • Aug 20, 2022

    Date

    Canceled

    CRMLS: 22174601

    $1,179,000

    Price

  • Jul 2, 2022

    Date

    Active

    CRMLS: 22174601

    $1,179,000

    Price

  • Listing provided courtesy of CRMLS

    This fourplex in Silverlake is just blocks away from shops on Hoover including Cafecito and the new Kalaveras Cantina. Rear unit is a 2 bedroom 1 bath with laundry hookups and a spacious private yard. The front one bedroom unit has new central A/C great light and an abundance of character. Two studio apartments separate the front and rear units. Surrounded by walls of green, the gated common space is a great break from the city. All units have individual gas and electric meters. Conveniently located near restaurants and a brief drive to all the local amenities L.A. has to offer

  • May, 2013

  • May 9, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2013

  • Mar 7, 2013

    Date

    Sold (Public Records)

    Public Records

    $475,000

    Price

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Tax History for 3456 Plata St

Assessed Value (2020): $534,834
Year Land Value Improved Value Assessed Value
2020 $377,201 $157,633 $534,834

Home Value Compared to the Market

This property vs the competition

3456 Plata St is listed 6.25% 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 $773 and this home is listed at $740.13 per/sqft which puts the price per square foot 4.25% lower than the median price per square foot for the city of Los Angeles.

About 3456 Plata St

Detailed summary of property

3456 Plata St is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 3 bedrooms, 4 bathrooms, roughly 1,520 living square feet, and sits on an approximately 3,757 square foot lot. 3456 Plata St was first listed on ArdentRealEstateGroup.com on April 18, 2024. The homeowner is currently asking $1,125,000 and was originally asking $1,200,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 6.25% lower than the median priced home. Local competing homes currently for sale include 1309 N Coronado St, 2154 Santa Ynez St and 178 N Normandie Ave. While the average home in Los Angeles, CA is selling in 101 days, 3456 Plata St has a days on market of 90 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 3456 Plata St 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 3456 Plata St

Public county record property details
Beds
5
Baths
4
Year built
1925
Sq. Ft.
1,520
Lot Size
3,756
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,4
APN
5401-011-005

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
$1,199,000
Median List Price/Sq.Ft.
$884
Median Sold Price
$1,796,500
Median Sold Price/Sq.Ft.
$802
Total Inventory
69
Median Sale to List Price %
112.99%
Avg Days on Market
18
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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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.