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3520 Clarington Ave, Los Angeles, CA 90034
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3520 Clarington Ave Los Angeles, CA 90034

$1,650,000 Sold Price as of 09/23/2020
  • 9 Beds
  • 7 Baths
  • -- Sq.Ft.
Sold
$1,650,000 Sold Price as of 09/23/2020 Refinance Your Mortgage
Map preview of 3520 Clarington Ave, Los Angeles, CA 90034

Property Overview: 3520 Clarington Ave Los Angeles, CA has 9 bedrooms, 7 bathrooms, -- living square feet and 5,038 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Huge Price Reduction! 5 units in prime Palms. The property consists of one (1) three-bedroom +three-bath, three (3) two-bedroom + one-bath and one (1) bachelor unit. There is no soft story retrofitting required. Great owners unit for potential owner/user. The building is approximately 4,388 square feet sitting on a lot of approximately 5,053 square feet and was built in 1963. This is a great opportunity to own and easily manage a well maintained property with potential upside value. Conveniently located on the Westside of Los Angeles in a high demand area. .Close to the neighboring communities of Culver City, Marina Del Rey, Playa Del Rey,Venice and Santa Monica. Laundry is leased with annual income of $400. There are currently 2 vacant units.

Listed by Michael A Salerno | BRE #01212427 | Miller & Desatnik Realty Co.
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 75

Home details

Lot Sq. Ft
5,038
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20587956
City
Los Angeles
County
Los Angeles
Time on Site
1221 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,101
  • Total Rent: $2,101
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,240
  • Total Rent: $2,240
  • Pro Forma/Market Rent: $2,240
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,252
  • Total Rent: $1,252
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,240
  • Total Rent: $2,240
  • Pro Forma/Market Rent: $2,295
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.3
  • Gross Scheduled Income: --
  • Net Operating Income: $72,586
  • Gross Operating Income: $121,065
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3520 Clarington Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 5
  • Parcel Number: 4313009046
Location / Neighborhood
Location Information
  • Directions: South of Palms Blvd, 3 blocks east of Motor Ave
View more facts & features

Local Los Angeles Agent

Sale History for 3520 Clarington Ave

Last sold for $1,650,000 on September 23rd, 2020

  • September, 2020

  • Sep 24, 2020

    Date

    Sold

    CRMLS: 20587956

    $1,650,000

    Price

  • Aug 31, 2020

    Date

    Pending

    CRMLS: 20587956

    $1,695,000

    Price

  • Aug 24, 2020

    Date

    Active Under Contract

    CRMLS: 20587956

    $1,695,000

    Price

  • Aug 20, 2020

    Date

    Price Change

    CRMLS: 20587956

    $1,695,000

    Price

  • Aug 3, 2020

    Date

    Price Change

    CRMLS: 20587956

    $1,995,000

    Price

  • Jun 8, 2020

    Date

    Active

    CRMLS: 20587956

    $2,100,000

    Price

  • September, 2020

  • Sep 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,650,000

    Price

  • January, 2014

  • Jan 28, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

Show More

Tax History for 3520 Clarington Ave

Assessed Value (2020): $1,345,411
Year Land Value Improved Value Assessed Value
2020 $784,625 $560,786 $1,345,411

Home Value Compared to the Market

This property vs the competition

3520 Clarington Ave sold on September 23, 2020 for 42.44% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 3520 Clarington Ave

Detailed summary of property

3520 Clarington Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 9 bedrooms, 7 bathrooms, roughly -- living square feet, and sits on an approximately 5,038 square foot lot. 3520 Clarington Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,650,000. 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 42.44% higher than the current median priced home. Local homes that are currently for sale include 1140 S Shenandoah St, 6064 Horner St and 3777 S Centinela Ave. While the average home in Los Angeles, CA is selling in 92 days, 3520 Clarington Ave has a days on market of 75 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 3520 Clarington Ave Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3520 Clarington Ave

Public county record property details
Beds
9
Baths
10
Year built
1963
Sq. Ft.
4,388
Lot Size
5,038
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4313-009-046

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,895,000
Median List Price/Sq.Ft.
$900
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
44
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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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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