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3501 N Figueroa St, Los Angeles, CA 90065
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3501 N Figueroa St Los Angeles, CA 90065

$986,000 Sold Price as of 05/26/2021
  • 4 Beds
  • 2 Baths
  • 1,369 Sq.Ft.
Sold
$986,000 Sold Price as of 05/26/2021 Refinance Your Mortgage
Map preview of 3501 N Figueroa St, Los Angeles, CA 90065

Property Overview: 3501 N Figueroa St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,369 living square feet and 5,664 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Looking for a smart investment in a booming location? This absolutely charming duplex located on the cusp of Highland Park and Mount Washington has extraordinary potential! Delivered totally vacant and turnkey, both units feature 2 bed and 1 bath with their own enclosed yards, tons of parking and separate entrances. One of the units features amazing city light views of the downtown LA skyline! The entire property is light and bright and has been thoughtfully designed and upgraded from head to toe with designer kitchens and baths, chic lighting, and easy breezy floor plans. A dream location; situated on Figueroa Blvd within a stone's throw to trendy shops and cafes yet easily accessible from a quiet side street and set back behind lush landscaping and custom fencing for maximum privacy! You will feel tucked away at home yet with the pulse of the city at your fingertips with snap access to Downtown LA or the main strips of Highland Park on York and Fig! Perfect for anyone looking to live in one unit and subsidize their mortgage by renting the other...also great for a 1031 exchange, investment or anyone looking for steady long term cash flow in a rapidly appreciating area! Many rental comps in the area for remodeled 2 bedroom properties are starting at $3,500 and up monthly. The options are endless!

Listed by Jessica Romero | BRE #01920921 | Keller Williams Realty
Last checked: 17 minutes ago | Last updated: February 5th, 2024 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
5,664
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
320005759
City
Los Angeles
County
Los Angeles
Time on Site
1096 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
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  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 3
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Unit Breakdown 4
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Unit Breakdown 5
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Unit Breakdown 6
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 7
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Unit Breakdown 8
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Unit Breakdown 9
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Unit Breakdown 10
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Unit Breakdown 11
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Unit Breakdown 12
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Unit Breakdown 13
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Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.76%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Vacancy Allowance: $0
  • # of Rented Garages: 0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $500
  • Maintenance: $3,900
  • Professional Management: $0
  • Water/Sewer: $900
  • Other Expenses: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 3501 N Figueroa St

Interior Features
Room Information
  • Flooring: Wood
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Public Records
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5446003016
  • Property is Attached
  • Property Condition: Updated/Remodeled, Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable-105
  • Directions: Cross Streets: Amabel St
View more facts & features

Local Los Angeles Agent

Sale History for 3501 N Figueroa St

Last leased for $2,850 on May 24th, 2023

  • May, 2023

  • May 24, 2023

    Date

    Leased

    CRMLS: 22221509

    $2,850

    Price

  • Nov 29, 2022

    Date

    Active

    CRMLS: 22221509

    $2,999

    Price

  • Listing provided courtesy of CRMLS

    Ready for new tenants. PRICE IMPROVEMENT! Dog friendly. Located in the hip and trendy areas of Highland Park, Mount Washington, Glassell Park, Cypress Park, and Eagle Rock. Hurry, this won't last. This duplex has a vacant unit offering 2 beds and 1 bath, with its own enclosed, paved yard, with stunning DTLA views of the skyline. Approximately 700 sqft. Remodeled in 2021. This south-facing unit offers plenty of light and a unique contemporary style, with a completely upgraded kitchen and bath. New appliances, with its own washer/dryer outside and storage, shed to store your bikes. Secure automatic remote gate entry with two parking spaces. Just a few steps to Starbucks, many trendy shops, galleries, restaurants and bars just minutes away. Lush landscaping and custom fencing around property for maximum privacy. You will feel nestled and tucked away in this cozy home, with easy access to the city life at your fingertips, to Downtown LA, Crypto Arena, LA Live, Dodger Stadium, Frog Town, and Elysian Park or the main strips of Highland Park on York and Fig! Easy access to the 110 and 5 fwy. If you don't want to drive, take advantage of the Metro L Line (Gold) to get you where you want to go. The L Line links ELA to Union Station before heading northward to include Little Tokyo, Union Station, the Southwest Museum, Chinatown and the shops of Old Pasadena. Pet Friendly but no cats.

  • October, 2021

  • Oct 7, 2021

    Date

    Price Change

    CRMLS: 21787986

    $3,250

    Price

  • Sep 29, 2021

    Date

    Active

    CRMLS: 21787986

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Located in the hip and trendy areas of Highland Park, Mount Washington, Glassell Park, Cypress Park and Eagle Rock. Who could ask for anything more? This unit offers 2 beds and 1 bath, with its own private enclosed yard, stunning DTLA views of the skyline, and plenty of gated secured parking. Each unit is approximately 700 sqft. Remodeled in 2021, this sanctuary offers plenty of indoor and outdoor living space. This east facing unit offers plenty of light and has a unique contemporary style, with a completely upgraded kitchen and bath. New appliances, washer/dryer outside and a storage shed to store your bikes. Each unit has two parking spaces and space for guest parking, with automatic remote gate entry. Just a few steps to Starbucks, many trendy shops, galleries, restaurants and bars just minutes away. Relax outside, after a hard day's work behind lush landscaping and custom fencing for maximum privacy and soak in the city views! You will feel nestled and tucked away in this cozy home, with easy access city life at your fingertips, to Downtown LA, Staples Center, LA Live, Dodger Stadium, Frog Town and Elysian Park or the main strips of Highland Park on York and Fig! Easy access to the 110 and 5 fwy. If you don't want to drive, take advantage of the Metro L Line (Gold) to get you where you want to go. The L Line links ELA to Union Station before heading northward to include Little Tokyo, Union Station, the Southwest Museum, Chinatown and the shops of Old Pasadena.

  • October, 2021

  • Oct 7, 2021

    Date

    Price Change

    CRMLS: 21786154

    $3,250

    Price

  • Sep 29, 2021

    Date

    Active

    CRMLS: 21786154

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Located in the hip and trendy areas of Highland Park, Mount Washington, Glassell Park, Cypress Park and Eagle Rock. Who could ask for anything more? This unit offers 2 beds and 1 bath, with its own private enclosed yard, stunning DTLA views of the skyline, and plenty of gated secured parking. Each unit is approximately 700 sqft. Remodeled in 2021, this sanctuary offers plenty of indoor and outdoor living space. This south facing unit offers plenty of light and has a unique contemporary style, with a completely upgraded kitchen and bath. New appliances, washer/dryer outside and a storage shed to store your bikes. Each unit has two parking spaces each and space for guest parking, with automatic remote gate entry. Just a few steps to Starbucks, many trendy shops, galleries, restaurants and bars just minutes away. Relax outside, after a hard day's work behind lush landscaping and custom fencing for maximum privacy and soak in the city views! You will feel nestled and tucked away in this cozy home, with easy access to the city life at your fingertips, to Downtown LA, Staples Center, LA Live, Dodger Stadium, Frog Town and Elysian Park or the main strips of Highland Park on York and Fig! Easy access to the 110 and 5 fwy. If you don't want to drive, take advantage of the Metro L Line (Gold) to get you where you want to go. The L Line links ELA to Union Station before heading northward to include Little Tokyo, Union Station, the Southwest Museum, Chinatown and the shops of Old Pasadena.

  • May, 2021

  • May 26, 2021

    Date

    Sold

    CRMLS: 320005759

    $986,000

    Price

  • May 4, 2021

    Date

    Pending

    CRMLS: 320005759

    $1,100,000

    Price

  • Apr 20, 2021

    Date

    Active

    CRMLS: 320005759

    $1,100,000

    Price

  • January, 2021

  • Jan 25, 2021

    Date

    Sold

    CRMLS: OC20160904

    $695,000

    Price

  • Jan 13, 2021

    Date

    Pending

    CRMLS: OC20160904

    $679,000

    Price

  • Nov 12, 2020

    Date

    Price Change

    CRMLS: OC20160904

    $679,000

    Price

  • Nov 12, 2020

    Date

    Active

    CRMLS: OC20160904

    $649,000

    Price

  • Sep 30, 2020

    Date

    Pending

    CRMLS: OC20160904

    $649,000

    Price

  • Sep 10, 2020

    Date

    Active

    CRMLS: OC20160904

    $649,000

    Price

  • Sep 5, 2020

    Date

    Pending

    CRMLS: OC20160904

    $649,000

    Price

  • Aug 25, 2020

    Date

    Price Change

    CRMLS: OC20160904

    $649,000

    Price

  • Aug 9, 2020

    Date

    Active

    CRMLS: OC20160904

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    #BACK ON THE MARKET # FELL OUT OF ESCROW # BUYER CAN NOT PERFORM #ZONING LARD2 #A MUST SEE 2 UNITS# Great for owner user property, live in one and rent the other. This duplex is above street level in Cypress park area. Each unit has their own address 3501 shown as 2 beds 1 bath, 3501 1/2 shown as 2 beds 1 bath. Newly renovated. Plenty of parking spaces. Recently done brand new roof, brand new water heater in unit 3501 1/2, brand new garbage disposal in unit 3501. Nice fruits trees and still more spaces to grow vegetables. Easy access to CHINA TOWN LA!!

  • January, 2021

  • Jan 25, 2021

    Date

    Sold (Public Records)

    Public Records

    $695,000

    Price

  • August, 2020

  • Aug 9, 2020

    Date

    Canceled

    CRMLS: OC20158635

    $700,000

    Price

  • Aug 6, 2020

    Date

    Active

    CRMLS: OC20158635

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    A MUST SEE 2 units!!! Great for owner user property, live in one and rent the other. This duplex is above street level in Cypress park area. Each unit has their own address 3501 shown as 2 beds 1 bath, 3501 1/2 shown as 2 beds 1 bath. Recently done new roof!! Plenty of fruits trees. Easy access to Downtown LA!!

  • August, 2009

  • Aug 20, 2009

    Date

    Sold (Public Records)

    Public Records

    $260,000

    Price

  • October, 2007

  • Oct 1, 2007

    Date

    Expired

    CRMLS: 12094651

    $625,000

    Price

  • Jun 27, 2007

    Date

    Active

    CRMLS: 12094651

    $629,000

    Price

  • Listing provided courtesy of CRMLS

    Great Owner User Property, Live in one and rent the other. Spacious duplex above street level in Cypress Park Area, corner of Figueroa & Amabel. Unit 3501 shown as 1 Br./ 1 Ba.plus a den. Unit 3501 1/2 shown as 2 Br. / 1 Ba. Light, bright, airy and open to those within. Copper plumbing, nicely upgraded on both, have it all w/brand new tile throughout. New kitchen w/lots of wood cabinets & granite counters. Brand new bathroom. Mirror closets in bedrooms, crown moldings. Outdoor wood deck great for entertaining, plenty of fruit trees. Long driveways with parking spaces. Fully fenced. Fresh paint, smooth ceilings. Excellent move-in condition. EZ access to Downtown LA. and Chinatown and stores. Why Rent, when you can own this duplex !!!

Show More

Tax History for 3501 N Figueroa St

Assessed Value (2020): $306,866
Year Land Value Improved Value Assessed Value
2020 $214,809 $92,057 $306,866

Home Value Compared to the Market

This property vs the competition

3501 N Figueroa St sold on May 26, 2021 for 7.56% 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 $803.51 per/sqft which puts the price per square foot 6.42% higher than the current median sale per square foot for the city of Los Angeles.

About 3501 N Figueroa St

Detailed summary of property

3501 N Figueroa St is a multi family that recently sold in Los Angeles, CA 90065. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,369 living square feet, and sits on an approximately 5,664 square foot lot. 3501 N Figueroa St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $986,000. 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 7.56% lower than the current median priced home. Local homes that are currently for sale include 148 S Avenue 53, 829 El Paso Dr and 401 Kendall Ave. While the average home in Los Angeles, CA is selling in 93 days, 3501 N Figueroa St has a days on market of 13 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 3501 N Figueroa St Los Angeles, CA 90065 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3501 N Figueroa St

Public county record property details
Beds
2
Baths
2
Year built
--
Sq. Ft.
1,369
Lot Size
5,664
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5446-003-016

The source for these homes facts are from public records.

90065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,181,935
Median List Price/Sq.Ft.
$747
Median Sold Price
$1,029,752
Median Sold Price/Sq.Ft.
$695
Total Inventory
80
Median Sale to List Price %
101.06%
Avg Days on Market
29
Loan Type
Conventional (18.75%), FHA (0%), VA (0%), Cash (12.5%), Other (6.25%)

Thinking of Selling?

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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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