Search
3561-3565 E Percy St, Los Angeles, CA 90023
View Photos

3561-3565 E Percy St Los Angeles, CA 90023

$2,405,000 Sold Price as of 12/15/2020
  • 16 Beds
  • 11 Baths
  • 6,190 Sq.Ft.
Sold
$2,405,000 Sold Price as of 12/15/2020 Refinance Your Mortgage
Map preview of 3561-3565 E Percy St, Los Angeles, CA 90023

Property Overview: 3561-3565 E Percy St Los Angeles, CA has 16 bedrooms, 11 bathrooms, 6,190 living square feet and 7,605 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are please to present this brand new 5-Unit Multi-Unit Development in the booming Boyle Heights. This ground-up construction project is ideal for anyone looking to add units to their investment portfolio. This 5 Unit investment property is scheduled to generate good cash flow (projected at 5.5% CAP) with the benefit of owning a low maintenance property for years to come. All units come with their own utility meters, passing all utility expenses onto the tenants. The large lot allows ample onsite parking for tenants which is rare to find in Los Angeles. There are approximately 10 assigned parking spaces with room to add 2 more spaces. This rapidly developing neighborhood has several new developments in the area, with two new projects just West of Subject on the same block. Location is sought out by both families and working professionals due to it's proximity to Downtown Los Angeles. There are a total of 3 separate buildings. Front Building consists of 2 Units with 3 bed & 2 bath each. Middle Building consists of 2 Units with 3 bed & 2 bath each. Rear Building is a standalone 2-story SFR with 4 bed and 2.5 bath. All units include their own in-unit washer and dryer, stainless steel refrigerator, stove and microwave hood, and dishwasher. All units are equipped with Central A/C and Heat as well as tankless water heaters.

Listed by Alex Valenzuela | BRE #01216170 | Keller Williams SELA
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
7,605
HOA Dues
$0/mo
Year built
2020
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW20161555
City
Los Angeles
County
Los Angeles
Time on Site
1353 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 3
  • # of Leased Units: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $2,950
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $180,000
  • Net Operating Income: $137,860
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $33,140
  • New Taxes: $29,940
  • Trash: $0
  • Insurance: $2,200
  • Maintenance: $1,000
  • Professional Management: $0

Property Details for 3561-3565 E Percy St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Electric
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • Inside, Washer Hookup, Washer Included
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Refrigerator, Tankless Water Heater
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Wood, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 5
  • Year Built Source: Builder
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From Whittier Blvd, north on Esperanza and west on Percy.
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 3561-3565 E Percy St

Last sold for $2,405,000 on December 15th, 2020

  • December, 2020

  • Dec 16, 2020

    Date

    Sold

    CRMLS: DW20161555

    $2,405,000

    Price

  • Nov 20, 2020

    Date

    Pending

    CRMLS: DW20161555

    $2,495,000

    Price

  • Nov 18, 2020

    Date

    Sold

    CRMLS: DW20161555

    $2,405,000

    Price

  • Nov 5, 2020

    Date

    Pending

    CRMLS: DW20161555

    $2,495,000

    Price

  • Sep 24, 2020

    Date

    Active Under Contract

    CRMLS: DW20161555

    $2,495,000

    Price

  • Aug 13, 2020

    Date

    Active

    CRMLS: DW20161555

    $2,495,000

    Price

Tax History for 3561-3565 E Percy St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

3561-3565 E Percy St sold on December 15, 2020 for 122.77% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $403.07 per/sqft which puts the price per square foot 44.33% lower than the current median sale per square foot for the city of Los Angeles.

About 3561-3565 E Percy St

Detailed summary of property

3561-3565 E Percy St is a multi family that recently sold in Los Angeles, CA 90023. This multi family property offered 16 bedrooms, 11 bathrooms, roughly 6,190 living square feet, and sits on an approximately 7,605 square foot lot. 3561-3565 E Percy St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,405,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 122.77% higher than the current median priced home. Local homes that are currently for sale include 4214 Avalon Blvd, 130 E 29th St and 1445 Calumet Ave. While the average home in Los Angeles, CA is selling in 106 days, 3561-3565 E Percy St has a days on market of 42 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 3561-3565 E 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 3561-3565 E Percy St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$650,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$604
Total Inventory
20
Median Sale to List Price %
106.55%
Avg Days on Market
32
Loan Type
Conventional (0%), FHA (25%), VA (0%), Cash (0%), Other (50%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 3561-3565 E Percy St

Nearby Homes for Sale

207 N Savannah St, Los Angeles, CA 90033
$2,300,000
26 Beds
17 Baths
11170 Sq.Ft.
207 N Savannah St
Los Angeles, CA 90033
600 N Soto St, Los Angeles, CA 90033
$2,350,000
14 Beds
16 Baths
11034 Sq.Ft.
600 N Soto St
Los Angeles, CA 90033
1943 Hancock St, Los Angeles, CA 90031
$2,780,000
14 Beds
12 Baths
6454 Sq.Ft.
1943 Hancock St
Los Angeles, CA 90031
3020 Baldwin St, Los Angeles, CA 90031
$1,999,999
10 Beds
6 Baths
3982 Sq.Ft.
3020 Baldwin St
Los Angeles, CA 90031
2472 N Eastern Ave, Los Angeles, CA 90032
$1,998,000
15 Beds
7 Baths
6570 Sq.Ft.
2472 N Eastern Ave
Los Angeles, CA 90032
2119 N Broadway, Los Angeles, CA 90031
$2,200,000
6 Beds
7 Baths
6779 Sq.Ft.
2119 N Broadway
Los Angeles, CA 90031
2321 Hooper Ave, Los Angeles, CA 90011
$2,090,000
1 Beds
1 Baths
6494 Sq.Ft.
2321 Hooper Ave
Los Angeles, CA 90011
1128 E 28th St, Los Angeles, CA 90011
$2,499,000
18 Beds
12 Baths
6378 Sq.Ft.
1128 E 28th St
Los Angeles, CA 90011
1053 Figueroa Terrace, Los Angeles, CA 90012
$1,999,000
14 Beds
9 Baths
7658 Sq.Ft.
1053 Figueroa Terrace
Los Angeles, CA 90012
3850 Glenalbyn Dr, Los Angeles, CA 90065
$2,595,000
5 Beds
7 Baths
2699 Sq.Ft.
3850 Glenalbyn Dr
Los Angeles, CA 90065
3925 Barrett Rd, Los Angeles, CA 90032
$2,375,000
18 Beds
10 Baths
6816 Sq.Ft.
3925 Barrett Rd
Los Angeles, CA 90032
5243 Huntington Dr, Los Angeles, CA 90032
$2,500,000
18 Beds
5 Baths
4704 Sq.Ft.
5243 Huntington Dr
Los Angeles, CA 90032

Recently Sold Homes Near 3561-3565 E Percy St

3557 Percy St, Los Angeles, CA 90023
$1,995,000 Last Sold Price
12 Beds
7 Baths
5093 Sq.Ft.
3557 Percy St
Los Angeles, CA 90023
3632 Percy St, Los Angeles, CA 90023
$2,500,000 Last Sold Price
18 Beds
12 Baths
6462 Sq.Ft.
3632 Percy St
Los Angeles, CA 90023
3524 E 6th St, Los Angeles, CA 90023
$480,000 Last Sold Price
3 Beds
3 Baths
2876 Sq.Ft.
3524 E 6th St
Los Angeles, CA 90023
3520 E 6Th St, Los Angeles, CA 90023
$710,000 Last Sold Price
5 Beds
3 Baths
1803 Sq.Ft.
3520 E 6Th St
Los Angeles, CA 90023

Related Resources to 3561-3565 E Percy St

New Listings in 90023
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote