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3666 Regal Pl, Los Angeles, CA 90068
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3666 Regal Pl Los Angeles, CA 90068

$1,875,000 Sold Price as of 03/28/2019
  • 6 Beds
  • 6 Baths
  • 3,476 Sq.Ft.
Sold
$1,875,000 Sold Price as of 03/28/2019 Refinance Your Mortgage
Map preview of 3666 Regal Pl, Los Angeles, CA 90068

Property Overview: 3666 Regal Pl Los Angeles, CA has 6 bedrooms, 6 bathrooms, 3,476 living square feet and 6,567 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: UNIT #2 WILL BE DELIVERED VACANT! We are pleased to present 3666 Regal Place - a five (5) unit multifamily investment opportunity located in prime Hollywood Hills. This two story wood frame stucco building consists of 3,476 SF of living area and is situated on a 6,567 SF lot zoned LARD1.5. Further, the owner may carry the financing on the new 1st Trust Deed.This property features: One (1) Two Bedroom / Two Bath unit and Four (4) One Bedroom / One Bath units. This pride of ownership property boasts spacious floor plans with hardwood and tile floors, granite counter tops, newer appliances, and central HVAC. Additionally, the property is individually metered for both gas and electricity and provides an owned on-site laundry room for additional income. The owner has installed tankless water heaters in some of the units, gated entry with intercom system, updated and improved the landscaping, and replaced 50% of the roof. Lastly, the property provides six (6) parking spaces.

Listed by Adrian Stepien | BRE #01979555 | KW Advisors
Co-listed by Derrick Vartanian | BRE #01816119 | KW Advisors
Last checked: 39 seconds ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 214

Home details

Lot Sq. Ft
6,567
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
18366814
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,054
  • Total Rent: $24,658
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,589
  • Total Rent: $19,075
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,898
  • Total Rent: $22,783
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,577
  • Total Rent: $18,928
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $33,000
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.18
  • Gross Scheduled Income: --
  • Net Operating Income: $81,827
  • Gross Operating Income: $119,883
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3666 Regal Pl

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Covered
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 5
  • Parcel Number: 2425005030
Location / Neighborhood
Location Information
  • Directions: The property is located on Regal Place, just north of Mulholland Dr and South of the 101 Freeway. The location of the property is outstanding as it is centrally located and allows for tenants to live within close proximity to the Universal City Walk, the Hollywood Bowl, Griffith Park, and world renowned Hollywood Blvd.
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Sale History for 3666 Regal Pl

Last sold for $1,875,000 on March 28th, 2019

  • March, 2019

  • Mar 29, 2019

    Date

    Sold

    CRMLS: 18366814

    $1,875,000

    Price

  • Mar 22, 2019

    Date

    Pending

    CRMLS: 18366814

    $2,000,000

    Price

  • Jan 7, 2019

    Date

    Active

    CRMLS: 18366814

    $2,000,000

    Price

  • Dec 28, 2018

    Date

    Hold

    CRMLS: 18366814

    $2,000,000

    Price

  • Oct 23, 2018

    Date

    Price Change

    CRMLS: 18366814

    $2,000,000

    Price

  • Jul 19, 2018

    Date

    Active

    CRMLS: 18366814

    $2,250,000

    Price

  • March, 2019

  • Mar 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,875,000

    Price

  • June, 2018

  • Jun 8, 2018

    Date

    Expired

    CRMLS: SR17275167

    $2,250,000

    Price

  • Jun 8, 2018

    Date

    Withdrawn

    CRMLS: SR17275167

    $2,250,000

    Price

  • Dec 14, 2017

    Date

    Active

    CRMLS: SR17275167

    $2,250,000

    Price

  • Listing provided courtesy of CRMLS

    This true pride of ownership 5-unit apartment complex located in a prime location of Los Angeles County. 3666-68 Regal Place is a "Hidden Gem" for any investor, whether you happen to be an owner/user or an investor looking to get a solid long term investment. Built in 1951, the property has hardwood floors, central A/C and heating, a lovely gated courtyard , parking for 6 vehicles, separate meters and laundry facility. Spacious, private apartments that give residences a real place they can call home. The square footage for the living area is approximately 3,476 and a lot size of approximately 6,567. The unit mix consists of four 1 bedroom 1 bath and one 2 bedroom 2 bath apartments. Close proximity to 101 Freeway, Universal City, Burbank, Hollywood and Studio City. Centrally located to NBC/Universal , Warner Bros. Studios, CBS Studios/Radford and within walking distance to the Universal City Metro. Drive By Only. Adjacent property at 3670 Regal Place , a 4-Unit,is also for sale. Call Listing Agent for details. Seller financing is also possible!

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Tax History for 3666 Regal Pl

Assessed Value (2020): $1,914,270
Year Land Value Improved Value Assessed Value
2020 $1,428,000 $486,270 $1,914,270

Home Value Compared to the Market

This property vs the competition

3666 Regal Pl sold on March 28, 2019 for 68.07% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $575.37 per/sqft which puts the price per square foot 23.79% lower than the current median sale per square foot for the city of Los Angeles.

About 3666 Regal Pl

Detailed summary of property

3666 Regal Pl is a multi family that recently sold in Los Angeles, CA 90068. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 3,476 living square feet, and sits on an approximately 6,567 square foot lot. 3666 Regal Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,875,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 68.07% higher than the current median priced home. Local homes that are currently for sale include 806 N Citrus Ave, 827 N Mccadden Pl and 454 N Genesee Ave. While the average home in Los Angeles, CA is selling in 93 days, 3666 Regal Pl has a days on market of 214 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 3666 Regal Pl Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3666 Regal Pl

Public county record property details
Beds
6
Baths
6
Year built
1951
Sq. Ft.
3,476
Lot Size
6,577
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
43
APN
2425-005-030

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,099,000
Median List Price/Sq.Ft.
$869
Median Sold Price
$2,100,000
Median Sold Price/Sq.Ft.
$897
Total Inventory
163
Median Sale to List Price %
112%
Avg Days on Market
31
Loan Type
Conventional (9.68%), FHA (3.23%), VA (0%), Cash (9.68%), 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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