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3674 Percy St, Los Angeles, CA 90023
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3674 Percy St Los Angeles, CA 90023

$1,300,000 Sold Price as of 05/25/2022
  • 45 Beds
  • 45 Baths
  • 3,600 Sq.Ft.
Sold
$1,300,000 Sold Price as of 05/25/2022 Refinance Your Mortgage
Map preview of 3674 Percy St, Los Angeles, CA 90023

Property Overview: 3674 Percy St Los Angeles, CA has 45 bedrooms, 45 bathrooms, 3,600 living square feet and 10,309 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great location for these nine 1/Bed + 1/Bath units consisting of one duplex and eight free-standing bungalows. Each unit is just under 400 square feet. The lot is 10,308 square feet. All units are rented and all tenants are current. Across the street from Robert Louis Stevenson Middle School and close to restaurants, shops, and public transportation. Buyer to perform due diligence. Please do not walk on the property or disturb tenants without an appointment to tour the property. Showing is available by appointment.

Listed by Jeffrey Ehrenberg | BRE #02104717 | eXp Realty of California Inc
Last checked: 12 minutes ago | Last updated: May 28th, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
10,309
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22128585
City
Los Angeles
County
Los Angeles
Time on Site
953 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 8
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $689
  • Total Rent: $689
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $901
  • Total Rent: $901
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $927
  • Total Rent: $927
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 6
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $694
  • Total Rent: $694
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 7
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $694
  • Total Rent: $694
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 8
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $978
  • Total Rent: $978
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 9
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: --
  • Net Operating Income: $75,251
  • Gross Operating Income: $98,196
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $10,000
  • Water/Sewer: $10,000

Property Details for 3674 Percy St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Radiant
Kitchen Information
  • Has Appliances
  • Refrigerator, Gas Oven, Gas Cooktop
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Gated
Property Information
  • Total # of Units: 9
  • Parcel Number: 5188008016
Location / Neighborhood
Location Information
  • Directions: Google and Apple Maps tested and accurate.
View more facts & features

Local Los Angeles Agent

Sale History for 3674 Percy St

Last sold for $1,300,000 on May 25th, 2022

  • May, 2022

  • May 25, 2022

    Date

    Sold

    CRMLS: 22128585

    $1,300,000

    Price

  • Feb 16, 2022

    Date

    Active

    CRMLS: 22128585

    $1,375,000

    Price

  • February, 2020

  • Feb 22, 2020

    Date

    Expired

    CRMLS: 19531846

    $1,295,000

    Price

  • Jan 28, 2020

    Date

    Withdrawn

    CRMLS: 19531846

    $1,295,000

    Price

  • Nov 21, 2019

    Date

    Active

    CRMLS: 19531846

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    9 units in Boyle Heights that sits on a 10,308 square foot lot. Below market rents with very good upside. Individually metered for gas and electricity. Asking under 13x GRM and under $145,000 per unit. There are several brand new construction projects on the street and in the neighborhood. This property is located just minutes to downtown Los Angeles and conveniently located on the crossroads of Freeways 60,5,101 & 60. It is very close to the USC Medical Center and across the street from Robert Louis Stevenson Middle School. Close to shops, restaurants and transportation. BUYER TO DO OWN DUE DILIGENCE AND VERIFY PROPERTY INFORMATION. DO NOT DISTURB THE TENANTS.

  • November, 2017

  • Nov 9, 2017

    Date

    Expired

    CRMLS: TR17193988

    $1,550,000

    Price

  • Sep 12, 2017

    Date

    Price Change

    CRMLS: TR17193988

    $1,550,000

    Price

  • Aug 22, 2017

    Date

    Active

    CRMLS: TR17193988

    $1,750,000

    Price

  • Listing provided courtesy of CRMLS

    This ideally located 9 unit property consists of one duplex and eight bungalows which all have both front and rear doors. Each unit is approximately 396 square feet. Situated across the street from Stevenson Middle School, one-half block from public transportation, less than 200 feet from a full-service laundromat and walking distance to banking, shopping, dollar store this property provides all the conveniences needed by most tenants. The lot is in excess of 10,000 square feet giving all the structures amble room between them all and the possibility of adding additional square footage to some if not all of the structures. This property has recently passed the L.A. City inspection.

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Tax History for 3674 Percy St

Assessed Value (2020): $331,483
Year Land Value Improved Value Assessed Value
2020 $183,901 $147,582 $331,483

Home Value Compared to the Market

This property vs the competition

3674 Percy St sold on May 25, 2022 for 22.77% 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 $381.94 per/sqft which puts the price per square foot 47.25% lower than the current median sale per square foot for the city of Los Angeles.

About 3674 Percy St

Detailed summary of property

3674 Percy St is a multi family that recently sold in Los Angeles, CA 90023. This multi family property offered 45 bedrooms, 45 bathrooms, roughly 3,600 living square feet, and sits on an approximately 10,309 square foot lot. 3674 Percy St was first listed on ArdentRealEstateGroup.com on February 17, 2022. The homeowner sold the property for $1,300,000. 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 22.77% higher than the current median priced home. Local homes that are currently for sale include 113 S Mathews St, 505 S Chicago St and 2437 Houston St. While the average home in Los Angeles, CA is selling in 106 days, 3674 Percy St has a days on market of 5 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 3674 Percy 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 3674 Percy St

Public county record property details
Beds
9
Baths
9
Year built
1922
Sq. Ft.
3,600
Lot Size
10,308
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5188-008-016

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
$650,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$604
Total Inventory
20
Median Sale to List Price %
106.55%
Avg Days on Market
32
Loan Type
Conventional (0%), FHA (25%), VA (0%), Cash (0%), Other (50%)

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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