3501 S Norton Ave, Los Angeles, CA 90018
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3501 S Norton Ave Los Angeles, CA 90018

$770,000 Sold Price as of 06/14/2019
  • 4 Beds
  • 4 Baths
  • 2,088 Sq.Ft.
Sold
$770,000 Sold Price as of 06/14/2019 Refinance Your Mortgage

Map preview of 3501 S Norton Ave, Los Angeles, CA 90018

Property Overview: 3501 S Norton Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,088 living square feet and 5,301 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautifully maintained classic Spanish style Jefferson Park duplex located a few short blocks to the Expo train station at Crenshaw and Exposition features two large 2bed/2ba units that will be DELIVERED VACANT AT COE. Upgrades include beautiful hardwood and bamboo floors, spacious living rooms. Owner unit features custom blinds and newer windows, modern open floor plan and a wonderfully spacious upgraded kitchen with granite countertops, custom cabinets, stainless steel appliances, & dual undermount stainless steel sink. Each unit features beamed and coffered ceilings, classic built ins, a large master bedroom suite with full bath (may not be on permit). There is plenty of character, space, and the units can fetch great rents. Garage in rear converted into music studio/guest unit. Shown with a verified offer only. Please do not walk the property nor disturb occupants. Property sold as-is. Seller will not pay termite nor repairs.

Listed by Mark Alan Walker | BRE #01309961 | Nourmand & Associates-HW
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
5,301
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19434716
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.77
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $4,200
  • Improvements Total: $41,646
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3501 S Norton Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup
Kitchen Information
  • Has Appliances
  • Disposal, Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5044005011
Location / Neighborhood
Location Information
  • Directions: South of Jefferson two blocks east of Crenshaw
View more facts & features

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Sale History for 3501 S Norton Ave

Last sold for $770,000 on June 14th, 2019
  • June, 2019

  • Jun 14, 2019

    Date

    Sold

    CRMLS: 19434716

    $770,000

    Price

  • May 21, 2019

    Date

    Pending

    CRMLS: 19434716

    $789,000

    Price

  • May 13, 2019

    Date

    Active

    CRMLS: 19434716

    $789,000

    Price

  • Apr 29, 2019

    Date

    Pending

    CRMLS: 19434716

    $789,000

    Price

  • Mar 22, 2019

    Date

    Active

    CRMLS: 19434716

    $789,000

    Price

  • Mar 22, 2019

    Date

    Price Change

    CRMLS: 19434716

    $789,000

    Price

  • Feb 16, 2019

    Date

    Withdrawn

    CRMLS: 19434716

    $744,900

    Price

  • Feb 16, 2019

    Date

    Active

    CRMLS: 19434716

    $744,900

    Price

  • June, 2019

  • Jun 14, 2019

    Date

    Sold (Public Records)

    Public Records

    $770,000

    Price

  • January, 1997

  • Jan 23, 1997

    Date

    Sold (Public Records)

    Public Records

    $127,000

    Price

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Tax History for 3501 S Norton Ave

Assessed Value (2020): $785,400
Year Land Value Improved Value Assessed Value
2020 $612,000 $173,400 $785,400

Home Value Compared to the Market

This property vs the competition

3501 S Norton Ave sold on June 14, 2019 for 33.7% 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 $377.87 per/sqft which puts the price per square foot 49.95% lower than the current median sale per square foot for the city of Los Angeles.

About 3501 S Norton Ave

Detailed summary of property

3501 S Norton Ave is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,088 living square feet, and sits on an approximately 5,301 square foot lot. 3501 S Norton Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $770,000. 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 33.7% lower than the current median priced home. Local homes that are currently for sale include 1235 W 39th St, 1496 W Vernon Ave and 2121 Thurman Ave. While the average home in Los Angeles, CA is selling in 92 days, 3501 S Norton Ave has a days on market of 47 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 3501 S Norton 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 3501 S Norton Ave

Public county record property details
Beds
4
Baths
2
Year built
1928
Sq. Ft.
2,088
Lot Size
5,301
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
123
APN
5044-005-011

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.