View Photos

3701 Hughes Ave Los Angeles, CA 90034

$3,470,000 Sold Price as of 11/19/2020

15 Beds
15 Baths
-- Sq.Ft.

Sold

$3,470,000 Sold Price as of 11/19/2020 Refinance Your Mortgage

Map preview of 3701 Hughes Ave, Los Angeles, CA 90034

Property Overview: 3701 Hughes Ave Los Angeles, CA has 15 bedrooms, 15 bathrooms, -- living square feet and 6,197 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Hughes Residences are Located in the Westside of Los Angeles in the heart of the highly desirable Palms/Culver City submarket. The Hughes Residences sit on a quiet, corner lot, and offers an attractive unit mix consisting of (4) two bedroom two bathroom units, (3) two bedroom two and one half bathroom units, and (1) one bedroom one bathroom unit. The subject property is individually metered for gas and electricity and has gated, secured parking & a controlled access entry. All units feature central HVAC and all residences above the first floor are townhome style units.

Listed by Glenn Brander | BRE #01020228 | Miller & Desatnik Realty Co.

Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft: 6,197
HOA Dues: $0/mo
Year built: 1989
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20614156
City: Los Angeles
County: Los Angeles
Time on Site: 1216 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 8
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,999
Total Rent: $1,999
Pro Forma/Market Rent: $2,100

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $1,700
Total Rent: $1,700
Pro Forma/Market Rent: $2,800

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $1,755
Total Rent: $1,755
Pro Forma/Market Rent: $2,800

Unit Breakdown 4

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,800
Total Rent: $2,800
Pro Forma/Market Rent: $2,800

Unit Breakdown 5

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $1,746
Total Rent: $1,746
Pro Forma/Market Rent: $3,095

Unit Breakdown 6

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,895
Total Rent: $2,895
Pro Forma/Market Rent: $3,095

Unit Breakdown 7

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,270
Total Rent: $2,270
Pro Forma/Market Rent: $3,095

Unit Breakdown 8

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,795
Total Rent: $2,795
Pro Forma/Market Rent: $2,795

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 16.77
Gross Scheduled Income: --
Net Operating Income: $131,868
Gross Operating Income: $215,506

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 3701 Hughes Ave

Interior Features

Cooling Information

Has Cooling
Central Air

Heating Information

Has Heating
Central

Kitchen Information

Has Appliances
Dishwasher, Microwave

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Controlled Entrance, Gated

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 8
Parcel Number: 4313006038

Location / Neighborhood

Location Information

Directions: North of Venice Blvd., East of Motor Ave.

View more facts & features

Local Los Angeles Agent

Sale History for 3701 Hughes Ave

Last sold for $3,470,000 on November 19th, 2020

November, 2020
Nov 20, 2020

Date

Sold

CRMLS: 20614156

$3,470,000

Price
Oct 1, 2020

Date

Pending

CRMLS: 20614156

$3,650,000

Price
Aug 6, 2020

Date

Active

CRMLS: 20614156

$3,650,000

Price
November, 2020
Nov 19, 2020

Date

Sold (Public Records)

Public Records

$3,470,000

Price
December, 2019
Dec 19, 2019

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 3701 Hughes Ave

Assessed Value (2020): $1,516,892

Year	Land Value	Improved Value	Assessed Value
2020	$378,892	$1,138,000	$1,516,892

Home Value Compared to the Market

This property vs the competition

3701 Hughes Ave sold on November 19, 2020 for 206.72% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 3701 Hughes Ave

Detailed summary of property

3701 Hughes Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 15 bedrooms, 15 bathrooms, roughly -- living square feet, and sits on an approximately 6,197 square foot lot. 3701 Hughes Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $3,470,000. 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 206.72% higher than the current median priced home. Local homes that are currently for sale include 1508 S Durango Ave, 1437 Cardiff Ave and 5700 Clemson St. While the average home in Los Angeles, CA is selling in 93 days, 3701 Hughes Ave has a days on market of 57 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 3701 Hughes 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 3701 Hughes Ave

Public county record property details

Beds: 14
Baths: 16
Year built: 1989
Sq. Ft.: 8,622
Lot Size: 6,197
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: --
APN: 4313-006-038

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.

$932

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?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 3701 Hughes Ave

Nearby Homes for Sale

Recently Sold Homes Near 3701 Hughes Ave

$3,600,000 Last Sold Price

14 Beds

14 Baths

7936 Sq.Ft.

9809 Regent St
Los Angeles, CA 90034

$1,825,000 Last Sold Price

5 Beds

6 Baths

4111 Sq.Ft.

3667 Dunn Dr
Los Angeles, CA 90034

9712 Charnock Ave, Los Angeles, CA 90034

$1,700,000 Last Sold Price

6 Beds

5 Baths

2403 Sq.Ft.

9712 Charnock Ave
Los Angeles, CA 90034

3662 Clarington Ave, Los Angeles, CA 90034

$2,985,000 Last Sold Price

10 Beds

10 Baths

5974 Sq.Ft.

3662 Clarington Ave
Los Angeles, CA 90034

Related Resources to 3701 Hughes Ave

New Listings in 90034

Popular Zip Codes

Popular Cities

Other Los Angeles Resources

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.