3519 S Victoria Ave, Los Angeles, CA 90016
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3519 S Victoria Ave Los Angeles, CA 90016

$1,190,000 Sold Price as of 08/31/2021
  • 9 Beds
  • 4 Baths
  • 3,865 Sq.Ft.
Sold
$1,190,000 Sold Price as of 08/31/2021 Refinance Your Mortgage

Map preview of 3519 S Victoria Ave, Los Angeles, CA 90016

Property Overview: 3519 S Victoria Ave Los Angeles, CA has 9 bedrooms, 4 bathrooms, 3,865 living square feet and 5,030 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Tri-plex is located in the high demand and coveted Crenshaw-West Adams community, 2 blocks away from the Expo rail stop and the new/soon to open Crenshaw-Expo Metro Station. The property consists of 9 bedrooms/4 baths, made up of: (2) 2-bedroom/1-bathroom units, and (1) - the 5 bedroom/2 bathroom unit that has been completely renovated to include new wood laminate floors, new recessed lights, new interior paint, and many more upgrades. Each unit is individually metered for gas, water and electricity. The 5 bedroom unit will be delivered vacant and is ideal for the new owner to live in, a multi-generational living situation, or an opportunity to establish current market rents. The property is centrally situated and an easy commute to Santa Monica/West Side, Hollywood, DTLA, and only 3 miles from the University of Southern California, LA Coliseum, and the upcoming George Lucas Museum. Furthermore, this property is zoned LAR2 and presents the future owner/developer with the versatility and options should they desire to repurpose the property. Property wont last!!!!!

Listed by Preston Howard | BRE #01179123 | Rose City Realty
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 67

Home details

Lot Sq. Ft
5,030
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21750650
City
Los Angeles
County
Los Angeles
Time on Site
1055 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $3,150
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.44
  • Gross Scheduled Income: --
  • Net Operating Income: $33,058
  • Gross Operating Income: $37,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3519 S Victoria Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: Two
  • Security Features: Window Bars
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5046002019
  • Foundation Details: Raised
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: Two blocks west of Crenshaw and two blocks south of Jefferson
View more facts & features

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Sale History for 3519 S Victoria Ave

Last sold for $1,190,000 on August 31st, 2021
  • September, 2021

  • Sep 3, 2021

    Date

    Sold

    CRMLS: 21750650

    $1,190,000

    Price

  • Aug 25, 2021

    Date

    Pending

    CRMLS: 21750650

    $1,150,000

    Price

  • Jun 19, 2021

    Date

    Active

    CRMLS: 21750650

    $1,150,000

    Price

  • December, 1998

  • Dec 8, 1998

    Date

    Sold (Public Records)

    Public Records

    $219,000

    Price

  • December, 1995

  • Dec 28, 1995

    Date

    Sold (Public Records)

    Public Records

    $175,000

    Price

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Tax History for 3519 S Victoria Ave

Assessed Value (2020): $355,970
Year Land Value Improved Value Assessed Value
2020 $130,866 $225,104 $355,970

Home Value Compared to the Market

This property vs the competition

3519 S Victoria Ave sold on August 31, 2021 for 3.36% 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 $297.54 per/sqft which puts the price per square foot 60.59% lower than the current median sale per square foot for the city of Los Angeles.

About 3519 S Victoria Ave

Detailed summary of property

3519 S Victoria Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 9 bedrooms, 4 bathrooms, roughly 3,865 living square feet, and sits on an approximately 5,030 square foot lot. 3519 S Victoria Ave was first listed on ArdentRealEstateGroup.com on June 19, 2021. The homeowner sold the property for $1,190,000. 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 3.36% lower than the current median priced home. Local homes that are currently for sale include 4840 Mascot St, 2000 7th Ave and 2015 6th Ave. While the average home in Los Angeles, CA is selling in 94 days, 3519 S Victoria Ave has a days on market of 67 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3519 S Victoria Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3519 S Victoria Ave

Public county record property details
Beds
6
Baths
4
Year built
1931
Sq. Ft.
3,865
Lot Size
5,030
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
5046-002-019

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,099,000
Median List Price/Sq.Ft.
$774
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
75
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Related Resources to 3519 S Victoria Ave

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.