3721 S San Pedro St, Los Angeles, CA 90011
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3721 S San Pedro St Los Angeles, CA 90011

$2,300,000 Sold Price as of 06/28/2023
  • 16 Beds
  • 16 Baths
  • 5,986 Sq.Ft.
Sold
$2,300,000 Sold Price as of 06/28/2023 Refinance Your Mortgage

Map preview of 3721 S San Pedro St, Los Angeles, CA 90011

Property Overview: 3721 S San Pedro St Los Angeles, CA has 16 bedrooms, 16 bathrooms, 5,986 living square feet and 6,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BRAND NEW CONSTRUCTION. 4 unit property in a great location in Los Angeles. Two separate 3-story duplexes, each unit has 4 bedrooms with walk-in closets and 4 bathrooms. The kitchen, dining room, living room and a bathroom on the 2nd floor. The front two units each have a balcony facing the front. GREAT LOCATION, 5 minutes from the famous LA Coliseum and about 10 minutes from Downtown LA. Close to major freeways. Parking will not be an issue with 8 total parking spots on the property and plenty of street parking. Each unit also has central AC and heat, microwave, dishwasher, washer/dryer hookups, tankless water heaters, separate water, gas, and electrical meters. Vinyl flooring and recessed lighting throughout. All units come with solar panels that are paid off to help minimize the electrical bill. Perfect for large families or for investors.

Listed by Fortino Santana | BRE #02054851 | Century 21 A Better Service
Last checked: 9 minutes ago | Last updated: June 28th, 2023 | Source CRMLS | DOM: 46

Home details

Lot Sq. Ft
6,000
HOA Dues
$0/mo
Year built
2023
Garage
2 Car
Property Type:
Fourplex
Status
Sold
MLS#
DW23037631
City
Los Angeles
County
Los Angeles
Time on Site
453 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 3721 S San Pedro St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5121013003
  • Year Built Source: Builder
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Martin Luther King Jr. Blvd., West of san Pedro St.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 3721 S San Pedro St

Last sold for $2,300,000 on June 28th, 2023
  • June, 2023

  • Jun 28, 2023

    Date

    Sold

    CRMLS: DW23037631

    $2,300,000

    Price

  • Mar 25, 2023

    Date

    Active

    CRMLS: DW23037631

    $2,395,000

    Price

  • June, 2022

  • Jun 22, 2022

    Date

    Sold

    CRMLS: RS22088985

    $850,000

    Price

  • May 2, 2022

    Date

    Active

    CRMLS: RS22088985

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all INVESTORS and DEVELOPERS! RTI.. Ready to issue permits opportunity! This property comes entitled with ready to issue permits approved by the City of Los Angeles to build 4 units (2x identical duplex structures, 3007 SF each, total 6014 SF). Save months in design, plan-checks, and permitting. At completion this property value is estimated at $2.7M based on similar properties sold in the area. New construction 4 bed/4 bath units are renting for $3200 - $3300 in the area. Total rental income is projected $13,000 per month. Each duplex will be 3-story with 1-car garage and ample on-site parking. Each floor is designed with bedrooms and bathrooms to match. Perfectly designed for roommates. Located just minutes from USC and Downtown LA. Perfect for student housing overflow or young professionals. Location, location, location!

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Tax History for 3721 S San Pedro St

Assessed Value (2020): $40,555
Year Land Value Improved Value Assessed Value
2020 $32,460 $8,095 $40,555

Home Value Compared to the Market

This property vs the competition

3721 S San Pedro St sold on June 28, 2023 for 111.95% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $400.1 per/sqft which puts the price per square foot 46.94% lower than the current median sale per square foot for the city of Los Angeles.

About 3721 S San Pedro St

Detailed summary of property

3721 S San Pedro St is a fourplex that recently sold in Los Angeles, CA 90011. This fourplex offered 16 bedrooms, 16 bathrooms, roughly 5,986 living square feet, and sits on an approximately 6,000 square foot lot. 3721 S San Pedro St was first listed on ArdentRealEstateGroup.com on March 7, 2023. The homeowner sold the property for $2,300,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 111.95% higher than the current median priced home. Local homes that are currently for sale include 2327 S Budlong Ave, 1820 W 11th St and 2720 Brighton Ave. While the average home in Los Angeles, CA is selling in 94 days, 3721 S San Pedro St has a days on market of 46 days. There are currently 3780 homes for sale in the Los Angeles real estate market and 2562 of them are single family homes while 1120 of them are condos and 92 are townhomes. For more information on this home for sale at 3721 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 3721 S San Pedro St

Public county record property details
Beds
2
Baths
1
Year built
1910
Sq. Ft.
898
Lot Size
6,000
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
27
APN
5121-013-003

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
$649,000
Median List Price/Sq.Ft.
$467
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$484
Total Inventory
46
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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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.