3670 Greenfield Ave, Los Angeles, CA 90034

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3670 Greenfield Ave Los Angeles, CA 90034

$1,950,000 Sold Price as of 06/03/2022

28 Beds
19 Baths
4,110 Sq.Ft.

Sold

$1,950,000 Sold Price as of 06/03/2022 Refinance Your Mortgage

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Map preview of 3670 Greenfield Ave, Los Angeles, CA 90034

Property Overview: 3670 Greenfield Ave Los Angeles, CA has 28 bedrooms, 19 bathrooms, 4,110 living square feet and 4,995 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The one you've been waiting for. Rare Opportunity to acquire. Same family has owned it for 49+ years! Location, Location, Location: on a street surrounded by SFR. Greenfield Manor is a 4 unit multifamily asset well located in the trendy and thriving Westside neighborhood of Palms. The complex is made up of an ideal unit mix of 1 (1+1) & 3 (3+2) apartment homes. This two-story walk-up style complex has been well maintained and is situated just South of Palms Blvd and North of Venice Blvd. Currently rents are below market and have atleast approximately +36% upside. This property has strong in-going fundamentals and new ownership can focus on adding value through both exterior and interior renovation. This apartment cash flows day one and is an incredible opportunity to invest.

Listed by Kevin Kawaoka | BRE #01733613 | NAI Capital, Inc.

Last checked: 12 minutes ago | Last updated: June 3rd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft: 4,995
HOA Dues: $0/mo
Year built: 1966
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 22144985
City: Los Angeles
County: Los Angeles
Time on Site: 745 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $879
Total Rent: $879
Pro Forma/Market Rent: $1,950

Unit Breakdown 2

# of Units: 2
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,700
Total Rent: $2,700
Pro Forma/Market Rent: $3,500

Unit Breakdown 3

# of Units: 3
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,951
Total Rent: $2,951
Pro Forma/Market Rent: $3,500

Unit Breakdown 4

# of Units: 4
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,758
Total Rent: $2,758
Pro Forma/Market Rent: $3,500

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 16.6
Gross Scheduled Income: --
Net Operating Income: $75,618
Gross Operating Income: $109,227

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 3670 Greenfield Ave

Interior Features

Cooling Information

No Cooling
None

Heating Information

Has Heating
Wall Furnace

Kitchen Information

Has Appliances
Dishwasher, Disposal, Refrigerator

Lot Details / Garage and Parking

Parking/Garage Information

# of Parking Spaces: 8
Has Parking
Parking Features: Tandem Garage

Property Information

Total # of Units: 4
Parcel Number: 4252018019

Location / Neighborhood

Location Information

Directions: North of Venice Blvd, South of Palms Blvd, East of Sepulveda Blvd, West of Veteran Ave.

View more facts & features

Local Los Angeles Agent

Sale History for 3670 Greenfield Ave

Last sold for $1,950,000 on June 3rd, 2022

June, 2022
Jun 3, 2022

Date

Sold

CRMLS: 22144985

$1,950,000

Price
May 6, 2022

Date

Active

CRMLS: 22144985

$1,850,000

Price

Tax History for 3670 Greenfield Ave

Assessed Value (2020): $168,977

Year	Land Value	Improved Value	Assessed Value
2020	$48,840	$120,137	$168,977

Home Value Compared to the Market

This property vs the competition

3670 Greenfield Ave sold on June 3, 2022 for 55.46% 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 $450.12 per/sqft which puts the price per square foot 40.38% lower than the current median sale per square foot for the city of Los Angeles.

About 3670 Greenfield Ave

Detailed summary of property

3670 Greenfield Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 28 bedrooms, 19 bathrooms, roughly 4,110 living square feet, and sits on an approximately 4,995 square foot lot. 3670 Greenfield Ave was first listed on ArdentRealEstateGroup.com on May 6, 2022. The homeowner sold the property for $1,950,000. 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 55.46% higher than the current median priced home. Local homes that are currently for sale include 8664 Cadillac Ave, 8607 Airdrome St and 1724 S Crescent Heights Blvd. While the average home in Los Angeles, CA is selling in 92 days, 3670 Greenfield Ave has a days on market of 3 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 3670 Greenfield 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 3670 Greenfield Ave

Public county record property details

Beds: 10
Baths: 7
Year built: 1966
Sq. Ft.: 4,110
Lot Size: 4,995
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 222
APN: 4252-018-019

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

$1,899,000

Median List Price/Sq.Ft.

$925

Median Sold Price

$2,079,000

Median Sold Price/Sq.Ft.

$899

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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.