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3613 Veteran Ave, Los Angeles, CA 90034
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3613 Veteran Ave Los Angeles, CA 90034

$2,040,000 Sold Price as of 02/28/2023
  • 8 Beds
  • 6 Baths
  • 3,641 Sq.Ft.
Sold
$2,040,000 Sold Price as of 02/28/2023 Refinance Your Mortgage
Map preview of 3613 Veteran Ave, Los Angeles, CA 90034

Property Overview: 3613 Veteran Ave Los Angeles, CA has 8 bedrooms, 6 bathrooms, 3,641 living square feet and 4,658 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pride of ownership is the best way to describe this wonderful updated 3 unit building in prime Palms, minutes to restaurants, theaters and bars in Culver City. Also close to Trader Joe's, Overland Cafe and Cuban Market. Unit #1 is exceptionally large with 3 bedrooms and 2 nice baths. All three units have great closet space! This is perfect for an owner-user. Everything upgraded with granite, wood flooring and appliances. There is upside in all three rents and laundry brings in around $11,000 annually. Owned by the same family since the early '70's and lovingly maintained. This is a great 1031 exchange opportunity with so much more rental income and potential than a single family home.

Listed by Ron Wynn | BRE #00420587 | Compass
Last checked: 10 minutes ago | Last updated: February 28th, 2023 | Source CRMLS | DOM: 119

Home details

Lot Sq. Ft
4,658
HOA Dues
$0/mo
Year built
1967
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22210420
City
Los Angeles
County
Los Angeles
Time on Site
700 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $4,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,755
  • Total Rent: $2,755
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,537
  • Total Rent: $2,537
  • Pro Forma/Market Rent: $3,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.9
  • Gross Scheduled Income: --
  • Net Operating Income: $86,587
  • Gross Operating Income: $117,984
  • Laundry Income: $11,280
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3613 Veteran Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Kitchen Information
  • Has Appliances
  • Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Detached Carport, Tandem Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 4252018003
  • Year Built Source: Assessor
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North of Venice | South of Charnock | West of Overland | East of Sepulveda
View more facts & features

Local Los Angeles Agent

Sale History for 3613 Veteran Ave

Last sold for $2,040,000 on February 28th, 2023

  • February, 2023

  • Feb 28, 2023

    Date

    Sold

    CRMLS: 22210420

    $2,040,000

    Price

  • Oct 20, 2022

    Date

    Active

    CRMLS: 22210420

    $1,995,000

    Price

Tax History for 3613 Veteran Ave

Assessed Value (2020): $204,651
Year Land Value Improved Value Assessed Value
2020 $59,658 $144,993 $204,651

Home Value Compared to the Market

This property vs the competition

3613 Veteran Ave sold on February 28, 2023 for 78.12% 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 $547.93 per/sqft which puts the price per square foot 24.32% lower than the current median sale per square foot for the city of Los Angeles.

About 3613 Veteran Ave

Detailed summary of property

3613 Veteran Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 3,641 living square feet, and sits on an approximately 4,658 square foot lot. 3613 Veteran Ave was first listed on ArdentRealEstateGroup.com on October 20, 2022. The homeowner sold the property for $2,040,000. 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 78.12% higher than the current median priced home. Local homes that are currently for sale include 2536 Military Ave, 4228 Campbell Dr and 11311 Pearl St. While the average home in Los Angeles, CA is selling in 106 days, 3613 Veteran Ave has a days on market of 119 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3613 Veteran 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 3613 Veteran Ave

Public county record property details
Beds
8
Baths
6
Year built
1967
Sq. Ft.
3,641
Lot Size
4,658
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
130
APN
4252-018-003

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
$1,695,000
Median List Price/Sq.Ft.
$898
Median Sold Price
$1,480,000
Median Sold Price/Sq.Ft.
$919
Total Inventory
70
Median Sale to List Price %
105.79%
Avg Days on Market
29
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (12.5%), Other (12.5%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 3613 Veteran Ave

3612 Veteran Ave, Los Angeles, CA 90034
$1,250,000 Last Sold Price
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3 Baths
-- Sq.Ft.
3612 Veteran Ave
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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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