3721 Veteran Ave, Los Angeles, CA 90034
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3721 Veteran Ave Los Angeles, CA 90034

$1,656,000 Sold Price as of 07/07/2021
  • 6 Beds
  • 5 Baths
  • 2,150 Sq.Ft.
Sold
$1,656,000 Sold Price as of 07/07/2021 Refinance Your Mortgage

Map preview of 3721 Veteran Ave, Los Angeles, CA 90034

Property Overview: 3721 Veteran Ave Los Angeles, CA has 6 bedrooms, 5 bathrooms, 2,150 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: Offer deadline - 5/17/21 5pm LA casa de tus suenos - The home of your dreams! This quintessential 1927 Spanish-style Cal stunner has the right modern twists. Perfect for owner/user and investors! Lush palms pop against the white stucco exterior with espresso trim. You'll make mouth-watering guacamole from the bountiful lemon and avocado trees. Front House - 3/2 - Hard wood floors throughout this bright skylight filled home. Living room with non-working fireplace sits adjacent to formal dining room. Updated kitchen boasts stainless appliances. Baths feel spa-like - one features original 1920s cast iron tub. Unit has USB combo outlets throughout, laundry area with w/d, smart central heating and air. Lots of storage. Back House - 2/1.5 has wood beamed high ceilings, updated granite counters with stainless appliances, loft, stained glass window, skylights, wood floors and extensive storage. Studio is light with clean, efficient lines. Back units share w/d, and separate metered utilities. Spacious yard provides opportunity for festive gatherings around natural gas bbq & under cafe lights. All units occupied. Zoned RD2-1. $98.8k GOI. Low expenses.

Listed by Evan Cowitt | BRE #02132642 | Douglas Elliman
Last checked: 19 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
4,995
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21727640
City
Los Angeles
County
Los Angeles
Time on Site
1091 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,250
  • Total Rent: $4,250
  • Pro Forma/Market Rent: $4,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,490
  • Total Rent: $1,490
  • Pro Forma/Market Rent: $1,490
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.67
  • Gross Scheduled Income: --
  • Net Operating Income: $89,980
  • Gross Operating Income: $98,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3721 Veteran Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community, Stackable
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Wood, Laminate, Tile
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Water Purifier, Convection Oven, Gas Cooktop, Electric Oven, Electric Cooktop, Gas Oven
Interior Features
  • Crown Molding, Beamed Ceilings, Open Floorplan, Storage, High Ceilings
  • Window Features: Bay Window(s), Garden Window(s), Screens, Skylight(s), Stained Glass
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle, Tile
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Driveway - Combination, Tandem Garage
Lot Information
  • Lot Features: Back Yard, Front Yard, Lawn, Utilities - Overhead
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 4252019005
  • Architectural Style: Spanish
  • Foundation Details: Slab, Pillar/Post/Pier
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: On Veteran Ave, N of Venice, S of Palms, E of Sepulveda, W of Overland. West side of street - gigantic palm tree on parkway.
View more facts & features

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Sale History for 3721 Veteran Ave

Last sold for $1,656,000 on July 7th, 2021
  • July, 2021

  • Jul 12, 2021

    Date

    Canceled

    CRMLS: 21727804

    $1,450,000

    Price

  • May 21, 2021

    Date

    Pending

    CRMLS: 21727804

    $1,450,000

    Price

  • May 6, 2021

    Date

    Active

    CRMLS: 21727804

    $1,450,000

    Price

  • May 6, 2021

    Date

    Coming Soon

    CRMLS: 21727804

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Offer deadline - 5/17/21 5pm. Excellent 3 unit investment opportunity in prime Westside neighborhood of Palms. Perfect property for 1031 buyer or owner/occupant using strong rental income to offset mortgage payments. Natural light shines over this stunning 1927 three bedroom Spanish style home, with shade from bountiful avocado and lemon trees. Front House - 3/2 - rents for $4250 - Hard wood floors throughout. Living room with decorative fireplace sits next to formal dining room. Updated kitchen has stainless appliances and spa-like baths. Unit has USB combo outlets throughout, laundry area with w/d, smart central heating and air. Lots of storage. Back house - 2/1.5 used by Owner, has wood beamed high ceilings, updated granite counters with stainless appliances, loft, stained glass window, skylights, wood floors and extensive storage. Studio, rents for $1,490, is light and bright with clean lines. Back units share w/d, and separate metered utilities. Spacious yard provides opportunity for festive gatherings beneath cafe lights. Central Westside location is within a mile of DWTN Culver City, Blue Line Metro stops, & enjoys quick access to 10 and 405. Only minutes to Getty museum, the sandy beaches of Santa Monica, LAX, or shopping in Beverly Hills. Zoned RD2-1. $98.8k GOI. Low expenses.

  • July, 2021

  • Jul 12, 2021

    Date

    Sold

    CRMLS: 21727640

    $1,656,000

    Price

  • May 21, 2021

    Date

    Pending

    CRMLS: 21727640

    $1,450,000

    Price

  • May 6, 2021

    Date

    Active

    CRMLS: 21727640

    $1,450,000

    Price

  • May 6, 2021

    Date

    Coming Soon

    CRMLS: 21727640

    $1,450,000

    Price

  • June, 1999

  • Jun 10, 1999

    Date

    Sold (Public Records)

    Public Records

    $199,000

    Price

Show More

Tax History for 3721 Veteran Ave

Assessed Value (2020): $368,385
Year Land Value Improved Value Assessed Value
2020 $272,352 $96,033 $368,385

Home Value Compared to the Market

This property vs the competition

3721 Veteran Ave sold on July 7, 2021 for 21.85% 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 $674.42 per/sqft which puts the price per square foot 10.67% lower than the current median sale per square foot for the city of Los Angeles.

About 3721 Veteran Ave

Detailed summary of property

3721 Veteran Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 2,150 living square feet, and sits on an approximately 4,995 square foot lot. 3721 Veteran Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,656,000. 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 21.85% higher than the current median priced home. Local homes that are currently for sale include 1952 S Corning St, 5869 Dauphin Ave and 8607 Airdrome St. While the average home in Los Angeles, CA is selling in 94 days, 3721 Veteran Ave has a days on market of 15 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3721 Veteran 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 3721 Veteran Ave

Public county record property details
Beds
4
Baths
3
Year built
1927
Sq. Ft.
1,608
Lot Size
4,994
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
62
APN
4252-019-005

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
$1,999,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
43
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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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.