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3574 Cimarron St, Los Angeles, CA 90018
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3574 Cimarron St Los Angeles, CA 90018

$795,000
  • 2 Beds
  • 2 Baths
  • 1,888 Sq.Ft.
For Sale
$795,000 Get Pre-Qualified
Map preview of 3574 Cimarron St, Los Angeles, CA 90018

Property Overview: 3574 Cimarron St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,888 living square feet and 4,833 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This lovely side-by-side duplex is a great starter investment for someone who wants to own and have an investment. The tenant is with good standing for 15 years. While living in this fabulous property you collect rent to help pay the mortgage. Perfect for someone who wants to live in a popular, evolving, cultural community that is hip and steadily evolving into something very special. Spacious 1+1 with so much character, vintage details and tons of storage. Both units have in-unit laundry, and the exterior is very well-maintained. New paint, wood laminate floors, fireplace, new light fixtures and a huge front porch to sit out and enjoy your coffee in the morning or relax and watch the sun set. Situated on a peaceful palm tree-lined street, close to countless city destinations, metro line, popular restaurants, art galleries, museums and more. This is a fabulous opportunity that I know you will love. Please DO NOT DISTURB Tenants at 3574 Vacant Unit is 3576. See showing instructions.

Listed by Kimberly Stuart | BRE #01438945 | LeMark Realty
Last checked: 5 minutes ago | Last updated: June 25th, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
4,833
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24404267
City
Los Angeles
County
Los Angeles
Time on Site
9 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $961
  • Total Rent: $961
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.7
  • Gross Scheduled Income: --
  • Net Operating Income: $4,120
  • Gross Operating Income: $7,412
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3574 Cimarron St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Side by Side
Property Information
  • Total # of Units: 2
  • Parcel Number: 5042025005
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Arlington, South of Jefferson
View more facts & features

Local Los Angeles Agent

Sale History for 3574 Cimarron St

View property's historical transactions

  • June, 2024

  • Jun 17, 2024

    Date

    Active

    CRMLS: 24404267

    $795,000

    Price

Tax History for 3574 Cimarron St

Assessed Value (2020): $351,435
Year Land Value Improved Value Assessed Value
2020 $263,578 $87,857 $351,435

Home Value Compared to the Market

This property vs the competition

3574 Cimarron St is listed 36.35% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $421.08 per/sqft which puts the price per square foot 45.88% lower than the median price per square foot for the city of Los Angeles.

About 3574 Cimarron St

Detailed summary of property

3574 Cimarron St is a multi family located in Los Angeles, CA 90018 and is currently for sale. This multi family property offers 2 bedrooms, 2 bathrooms, roughly 1,888 living square feet, and sits on an approximately 4,833 square foot lot. 3574 Cimarron St was first listed on ArdentRealEstateGroup.com on June 17, 2024. The homeowner is currently asking $795,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 36.35% lower than the median priced home. Local competing homes currently for sale include 4422 3rd Ave, 1306 W Martin Luther King Jr Blvd and 3721 Exposition Blvd. While the average home in Los Angeles, CA is selling in 98 days, 3574 Cimarron St has a days on market of 9 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 3574 Cimarron St 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 3574 Cimarron St

Public county record property details
Beds
2
Baths
2
Year built
1922
Sq. Ft.
1,888
Lot Size
4,831
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5042-025-005

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
$924,999
Median List Price/Sq.Ft.
$690
Median Sold Price
$1,130,000
Median Sold Price/Sq.Ft.
$712
Total Inventory
53
Median Sale to List Price %
103.2%
Avg Days on Market
45
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (22.22%), Other (0%)

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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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