3700 S San Pedro St, Los Angeles, CA 90011
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3700 S San Pedro St Los Angeles, CA 90011

$390,000 Sold Price as of 10/26/2020
  • 3 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$390,000 Sold Price as of 10/26/2020 Refinance Your Mortgage

Map preview of 3700 S San Pedro St, Los Angeles, CA 90011

Property Overview: 3700 S San Pedro St Los Angeles, CA has 3 bedrooms, 3 bathrooms, -- living square feet and 2,820 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Wonderful duplex within blocks to USC. Be near everything great about the USC/DTLA area. One unit is a 1 bedroom 1 bath and the other is a 2 bedroom 2 bath unit. Some remodeling and permitting was recently done. Building is rent-controlled. Please do NOT disturb the tenants. Zero vacancy factor and 5% management fees used in calculations.

Listed by Melissa Barlow | BRE #01498928 | Re/Max Execs
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
2,820
HOA Dues
$0/mo
Year built
1919
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20592018
City
Los Angeles
County
Los Angeles
Time on Site
1222 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: $1,274
  • Total Rent: $1,274
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.98
  • Gross Scheduled Income: --
  • Net Operating Income: $20,107
  • Gross Operating Income: $33,288
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3700 S San Pedro St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5121009006
Location / Neighborhood
Location Information
  • Directions: Near Martin Luther King Jr Blvd and Avalon.
View more facts & features

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Sale History for 3700 S San Pedro St

Last sold for $390,000 on October 26th, 2020
  • October, 2020

  • Oct 27, 2020

    Date

    Sold

    CRMLS: 20592018

    $390,000

    Price

  • Aug 27, 2020

    Date

    Active Under Contract

    CRMLS: 20592018

    $379,999

    Price

  • Jul 2, 2020

    Date

    Price Change

    CRMLS: 20592018

    $379,999

    Price

  • Jun 17, 2020

    Date

    Active

    CRMLS: 20592018

    $399,000

    Price

  • October, 2020

  • Oct 26, 2020

    Date

    Sold (Public Records)

    Public Records

    $390,000

    Price

  • November, 2019

  • Nov 1, 2019

    Date

    Canceled

    CRMLS: 19513246

    $399,000

    Price

  • Oct 22, 2019

    Date

    Price Change

    CRMLS: 19513246

    $399,000

    Price

  • Sep 22, 2019

    Date

    Active

    CRMLS: 19513246

    $449,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2016

  • Mar 10, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3700 S San Pedro St

Assessed Value (2020): $174,075
Year Land Value Improved Value Assessed Value
2020 $115,663 $58,412 $174,075

Home Value Compared to the Market

This property vs the competition

3700 S San Pedro St sold on October 26, 2020 for 68.07% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 3700 S San Pedro St

Detailed summary of property

3700 S San Pedro St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 3 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 2,820 square foot lot. 3700 S San Pedro St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $390,000. 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% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 92 days, 3700 S San Pedro St has a days on market of 72 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 3700 S San Pedro St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3700 S San Pedro St

Public county record property details
Beds
3
Baths
3
Year built
1919
Sq. Ft.
1,200
Lot Size
2,819
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
54
APN
5121-009-006

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
44
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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.