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3500 W 27Th St, Los Angeles, CA 90018
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3500 W 27Th St Los Angeles, CA 90018

$1,250,000 Sold Price as of 09/08/2021
  • 7 Beds
  • 3 Baths
  • 2,444 Sq.Ft.
Sold
$1,250,000 Sold Price as of 09/08/2021 Refinance Your Mortgage
Map preview of 3500 W 27Th St, Los Angeles, CA 90018

Property Overview: 3500 W 27Th St Los Angeles, CA has 7 bedrooms, 3 bathrooms, 2,444 living square feet and 5,603 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Remodeled Triplex. Jefferson Park HPOZ. Owner spared no expense. Completely remodeled with new windows, new flooring. Kitchen has new appliances. New baths and new bedrooms. Hardwood flooring. Washer and dryer in each unit. Central air and heat. Front unit 3BD/1BA and includes private patio and private 1-car garage. Rear units both 2BD/1BA and remodeled to same quality as front unit. Tenant occupied to VA program with guaranteed income and helping veterans. Currently rented at only 1BD rate, so new owner could increase rents. Front unit will be delivered vacant. Property also has three 1-car garages that rent for $150/month for extra income. This area is family friendly. Walk to new Crenshaw Line or restaurants on Adams Blvd. Easy commute to Hollywood, DTLA or Santa Monica. Your clients will love it.

Listed by Andrew Watkins | BRE #01478668 | KW Advisors
Co-listed by Obiamaka Nwabuzor | BRE #02020522 | Pacific Playa Realty
Last checked: 5 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
5,603
HOA Dues
$0/mo
Year built
1922
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
21733748
City
Los Angeles
County
Los Angeles
Time on Site
1219 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $34,200
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,548
  • Total Rent: $23,400
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,618
  • Total Rent: $23,400
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.53
  • Gross Scheduled Income: --
  • Net Operating Income: $61,760
  • Gross Operating Income: $83,400
  • Garage Rental Income: $150
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 3500 W 27Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage, Private, Gated, Side by Side
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5051017029
Location / Neighborhood
Location Information
  • Directions: Adams Blvd. to 7th Ave., turn south to 27th St., turn east, and property on corner of 27th St. and 5th Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 3500 W 27Th St

Last sold for $1,250,000 on September 8th, 2021

  • September, 2021

  • Sep 8, 2021

    Date

    Sold

    CRMLS: 21733748

    $1,250,000

    Price

  • Sep 4, 2021

    Date

    Pending

    CRMLS: 21733748

    $1,295,000

    Price

  • Jul 29, 2021

    Date

    Active Under Contract

    CRMLS: 21733748

    $1,295,000

    Price

  • May 22, 2021

    Date

    Active

    CRMLS: 21733748

    $1,295,000

    Price

  • May 18, 2021

    Date

    Coming Soon

    CRMLS: 21733748

    $1,295,000

    Price

  • July, 2015

  • Jul 7, 2015

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

  • May, 2015

  • May 12, 2015

    Date

    Price Change

    CRMLS: 15896309

    $2,250

    Price

  • Apr 14, 2015

    Date

    Price Change

    CRMLS: 15896309

    $2,295

    Price

  • Listing provided courtesy of CRMLS

    COMPLETE REMODEL 3BD/1BA NEAR WEST ADAMS. Unfurnished. Pets okay. Month-to-month okay. New hardwood floors. 1-car garage + 1-car parking area. Quiet neighborhood. Own private yard and patio. Separate washer and dryer hookups. Front unit SFR. Completely redone with new windows, new flooring. Kitchen has new appliances. New baths and new bedrooms. Includes private patio and private 1-car garage. Wood flooring. Wall heat. Modern kitchen. New lights. Outdoor patio area. Extra storage. This area is up-and-coming. Very safe. Easy commute to Hollywood, downtown LA or Santa Monica. Dogs considered with extra $500 security deposit.

  • April, 2015

  • Apr 18, 2015

    Date

    Price Change

    CRMLS: 15897549

    $759,000

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled triplex located in Jefferson Park HPOZ. Over 7% cap rate! Front unit 3BD/1BA is rented at $2295/month. Middle unit 2BD/1BD is rented $1695/month. Rear unit 2BD/1BA is available for owner occupant or rent at $1695/month. New rooms, kitchens, baths, beds, and windows. New roof. New hardwood floors. New electrical. New wall heater. Each unit has its own private 1-car garage, plus enclosed area good for pets (extra $200/month). Plus one extra 1-car garage can be rented for storage (extra $200+/month). Each unit has washer/dryer hookup in the unit. Both rear units have microwave built-in. This area is up-and-coming, conveniently located between Hollywood, Santa Monica and downtown LA.

  • December, 2014

  • Dec 24, 2014

    Date

    Sold (Public Records)

    Public Records

    $355,000

    Price

Show More

Tax History for 3500 W 27Th St

Assessed Value (2020): $730,641
Year Land Value Improved Value Assessed Value
2020 $584,513 $146,128 $730,641

Home Value Compared to the Market

This property vs the competition

3500 W 27Th St sold on September 8, 2021 for 15.62% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $529.87 per/sqft which puts the price per square foot 26.81% lower than the current median sale per square foot for the city of Los Angeles.

About 3500 W 27Th St

Detailed summary of property

3500 W 27Th St is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 7 bedrooms, 3 bathrooms, roughly 2,444 living square feet, and sits on an approximately 5,603 square foot lot. 3500 W 27Th St was first listed on ArdentRealEstateGroup.com on May 18, 2021. The homeowner sold the property for $1,250,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 15.62% higher than the current median priced home. Local homes that are currently for sale include 2546 S Bronson Ave, 2546 S Bronson Ave and 2818 S Bronson Ave. While the average home in Los Angeles, CA is selling in 106 days, 3500 W 27Th St has a days on market of 69 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3500 W 27Th St 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 3500 W 27Th St

Public county record property details
Beds
4
Baths
3
Year built
1922
Sq. Ft.
2,032
Lot Size
5,603
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
63
APN
5051-017-029

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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