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3576 Opal St, Los Angeles, CA 90023
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3576 Opal St Los Angeles, CA 90023

$915,000 Sold Price as of 07/25/2022
  • 4 Beds
  • 2 Baths
  • 2,117 Sq.Ft.
Sold
$915,000 Sold Price as of 07/25/2022 Refinance Your Mortgage
Map preview of 3576 Opal St, Los Angeles, CA 90023

Property Overview: 3576 Opal St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,117 living square feet and 6,240 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic opportunity to purchase an income property with potential for positive cash flow in a developing neighborhood of Boyle Heights. Charming and bright 1920's duplex - with great curb appeal and lovely vintage architectural details - delivered with spacious 3 bedroom owners unit vacant. Wood floors, great light, large remodeled eat-in kitchen with stainless appliances, upgraded bathroom, fresh paint and move in ready. 2nd unit is 1 bed 1 bath and currently rented at market rate. All systems have been recently updated, including electrical and HVAC. 2 garages and gated off street parking. Perfect for owner/user or investor seeking their next smart move in a great Downtown LA adjacent location.

Listed by Tori Horowitz | BRE #01703353 | Compass
Co-listed by Kathleen B Mahoney | BRE #01398354 | Compass
Last checked: 3 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,240
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22166553
City
Los Angeles
County
Los Angeles
Time on Site
753 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $22,800
  • Pro Forma/Market Rent: $22,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $0
  • Pro Forma/Market Rent: $31,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.94
  • Gross Scheduled Income: --
  • Net Operating Income: $54,000
  • Gross Operating Income: $54,000
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $1,370
  • New Taxes: $4,375
  • Trash: $786
  • Insurance: $1,518
  • Maintenance: $500
  • Water/Sewer: $728

Property Details for 3576 Opal St

Interior Features
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport, Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5191016001
Location / Neighborhood
Location Information
  • Directions: Use Maps
View more facts & features

Local Los Angeles Agent

Sale History for 3576 Opal St

Last sold for $915,000 on July 25th, 2022

  • July, 2022

  • Jul 25, 2022

    Date

    Sold

    CRMLS: 22166553

    $915,000

    Price

  • Jun 10, 2022

    Date

    Active

    CRMLS: 22166553

    $875,000

    Price

  • May, 2018

  • May 18, 2018

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

  • January, 2018

  • Jan 8, 2018

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

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Tax History for 3576 Opal St

Assessed Value (2020): $702,269
Year Land Value Improved Value Assessed Value
2020 $427,604 $274,665 $702,269

Home Value Compared to the Market

This property vs the competition

3576 Opal St sold on July 25, 2022 for 31.32% lower 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 $413.32 per/sqft which puts the price per square foot 47.75% lower than the current median sale per square foot for the city of Los Angeles.

About 3576 Opal St

Detailed summary of property

3576 Opal St is a multi family that recently sold in Los Angeles, CA 90023. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,117 living square feet, and sits on an approximately 6,240 square foot lot. 3576 Opal St was first listed on ArdentRealEstateGroup.com on June 10, 2022. The homeowner sold the property for $915,000. 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 31.32% lower than the current median priced home. Local homes that are currently for sale include 843 N Gage Ave, 2814 Wabash Ave and 806 N Record Ave. While the average home in Los Angeles, CA is selling in 100 days, 3576 Opal St has a days on market of 11 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 3576 Opal 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 3576 Opal St

Public county record property details
Beds
3
Baths
2
Year built
1927
Sq. Ft.
2,117
Lot Size
6,240
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
462
APN
5191-016-001

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%)

Thinking of Selling?

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(714) 706-1823

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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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