3559 Percy St, Los Angeles, CA 90023
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3559 Percy St Los Angeles, CA 90023

$1,995,000 Sold Price as of 11/19/2021
  • 12 Beds
  • 7 Baths
  • 5,093 Sq.Ft.
Sold
$1,995,000 Sold Price as of 11/19/2021 Refinance Your Mortgage

Map preview of 3559 Percy St, Los Angeles, CA 90023

Property Overview: 3559 Percy St Los Angeles, CA has 12 bedrooms, 7 bathrooms, 5,093 living square feet and 8,988 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Current Ownership has extensively renovated the property and features thoughtful design details like quartz countertops, high-quality flooring, custom cabinets and shelving, recessed lighting, state-of-the-art appliances, and ample storage. Units also include brand-new heating/cooling systems and washer and dryers. The property is surrounded by ecofriendly landscaping and boasts a community courtyard perfect for entertaining along with an enhanced exterior facade with new paint.3557 Percy Street provides investors a rare fully renovated buying opportunity that is well-suited to provide a healthy income stream and solid market appreciation as the area continues its upward trajectory.

Listed by Sean Rosenzweig | BRE #01406343 | Marcus & Millichap
Last checked: 4 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 185

Home details

Lot Sq. Ft
8,988
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20670386
City
Los Angeles
County
Los Angeles
Time on Site
1259 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $2,895
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,795
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.94
  • Gross Scheduled Income: --
  • Net Operating Income: $108,156
  • Gross Operating Income: $153,648
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3559 Percy St

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 11
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 5188006020
Location / Neighborhood
Location Information
  • Directions: The subject property is located in Boyle Heights within East Los Angeles just north of Whittier Boulevard
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Sale History for 3559 Percy St

Last sold for $1,995,000 on November 19th, 2021
  • July, 2021

  • Jul 22, 2021

    Date

    Price Change

    CRMLS: 20670386

    $2,050,000

    Price

  • Mar 25, 2021

    Date

    Pending

    CRMLS: 20670386

    $1,995,000

    Price

  • Jan 20, 2021

    Date

    Price Change

    CRMLS: 20670386

    $1,995,000

    Price

  • Dec 14, 2020

    Date

    Active

    CRMLS: 20670386

    $2,070,000

    Price

  • April, 2021

  • Apr 27, 2021

    Date

    Expired

    CRMLS: OC21017348

    $1,795

    Price

  • Jan 27, 2021

    Date

    Active

    CRMLS: OC21017348

    $1,795

    Price

  • Listing provided courtesy of CRMLS

    ***LIMITED TIME ONLY*** 1 MONTH FREE RENT ALL APPLIANCES INCLUDED - WE OFFER VIRTUAL TOURS WELCOME HOME to this lovely, spacious 1 bedroom, 1 bathroom apartment adjacent to the transformed Boyle Heights neighborhood. This apartment is in the heart of glittery Los Angeles near Downtown LA and all of the greater LA region - North, East, South, and West!!! . The unbeatable location is close to the 5, 10, 60, 710, and 101 Freeways making commuting a breeze to anywhere in LA or SoCal. Or if you prefer to work from home and enjoy your gorgeous new home, this charming building has been extensively remodeled and is near multiple restaurants, bars, and shopping options. This redesigned unit boasts modern hardwood-style flooring, a spacious living area, timeless trim, and upgraded lighting and ceiling fan fixtures, a stylish kitchen with quartz countertops, stainless steel appliances, white subway tile back-splash, modern white shaker-style cabinetry, and a sunny dining nook. Whether you live the Laptop Lifestyle or enjoy lounging in your room, this charming bedroom with generous closet space, an airy feel, and the remodeled bathroom complete with designer vanity, over-sized framed mirror/medicine cabinet for plenty of storage, and subway tile-walled shower and surround are sure to please! This luxury apartment residence has brand new heating/cooling systems and in-unit laundry. Parking is available and we look forward to welcoming you home! Come see it NOW before it is GONE!

  • July, 2020

  • Jul 3, 2020

    Date

    Leased

    CRMLS: 20573918

    $1,795

    Price

  • Jun 20, 2020

    Date

    Price Change

    CRMLS: 20573918

    $1,795

    Price

  • Apr 28, 2020

    Date

    Active

    CRMLS: 20573918

    $1,850

    Price

  • Listing provided courtesy of CRMLS

    A beautiful 1 bed (plus den), 1 bath that's been fully renovated is now available in Boyle Heights. This unit comes equipped with an updated kitchen featuring brand-new stainless-steel appliances (range/oven, refrigerator, microwave and dishwasher), new custom cabinetry and quartz countertops. The unit has beautiful flooring throughout, washer and dryer in unit, an upgraded bathroom, air conditioning, new blinds, new paint, recessed lighting and plenty of storage space. One parking spot included. Pets considered on a case by case basis. Conveniently located in Boyle Heights and just a short drive to the Arts District and Downtown hot spots! Located near public transportation! Come and see it today!

  • June, 2020

  • Jun 19, 2020

    Date

    Leased

    CRMLS: 20573936

    $2,100

    Price

  • Apr 28, 2020

    Date

    Active

    CRMLS: 20573936

    $2,100

    Price

  • Listing provided courtesy of CRMLS

    A beautiful 2 bed, 1 bath that's been fully renovated is now available in Boyle Heights. This unit comes equipped with an updated kitchen featuring brand-new stainless-steel appliances (range/oven, refrigerator, microwave and dishwasher), new custom cabinetry and quartz countertops. The unit has beautiful flooring throughout, washer and dryer in unit, an upgraded bathroom, air conditioning, new blinds, new paint, recessed lighting and plenty of storage space. Two parking spots (tandem) included. Pets considered on a case by case basis. Conveniently located in Boyle Heights and just a short drive to the Arts District and Downtown hot spots! Located near public transportation! Come and see it today!

  • May, 2020

  • May 22, 2020

    Date

    Leased

    CRMLS: 20573926

    $2,895

    Price

  • Apr 27, 2020

    Date

    Active

    CRMLS: 20573926

    $2,895

    Price

  • Listing provided courtesy of CRMLS

    A beautiful 3 bed, 2 bath that's been fully renovated is now available in Boyle Heights. This unit comes equipped with an updated kitchen featuring brand-new stainless-steel appliances (range/oven, refrigerator, microwave, and dishwasher), new custom cabinetry and quartz countertops. The unit has beautiful flooring throughout, washer and dryer in unit, upgraded bathrooms, air conditioning, new blinds, new paint, recessed lighting and plenty of storage space. A small private backyard. Two-car garage included that is accessed from the alley. Pets considered on a case by case basis. Conveniently located in Boyle Heights and just a short drive to the Arts District and Downtown hot spots! Located near public transportation! Come and see it today!

  • September, 2019

  • Sep 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,050,000

    Price

  • December, 1993

  • Dec 22, 1993

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

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Tax History for 3559 Percy St

Assessed Value (2020): $1,050,000
Year Land Value Improved Value Assessed Value
2020 $550,000 $500,000 $1,050,000

Home Value Compared to the Market

This property vs the competition

3559 Percy St sold on November 19, 2021 for 60.91% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $402.51 per/sqft which puts the price per square foot 49.11% lower than the current median sale per square foot for the city of Los Angeles.

About 3559 Percy St

Detailed summary of property

3559 Percy St is a multi family that recently sold in Los Angeles, CA 90023. This multi family property offered 12 bedrooms, 7 bathrooms, roughly 5,093 living square feet, and sits on an approximately 8,988 square foot lot. 3559 Percy St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,995,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 60.91% higher than the current median priced home. Local homes that are currently for sale include 5506 Valley Blvd, 1128 E 28th St and 836 E 24th St. While the average home in Los Angeles, CA is selling in 100 days, 3559 Percy St has a days on market of 185 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 3559 Percy St Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3559 Percy St

Public county record property details
Beds
12
Baths
6
Year built
1920
Sq. Ft.
5,093
Lot Size
8,988
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5188-006-020

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$679
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$646
Total Inventory
21
Median Sale to List Price %
101.18%
Avg Days on Market
57
Loan Type
Conventional (0%), FHA (100%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 3559 Percy St

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.