3741 Locke Ave, Los Angeles, CA 90032
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3741 Locke Ave Los Angeles, CA 90032

$641,000 Sold Price as of 08/17/2020
  • 5 Beds
  • 2 Baths
  • -- Sq.Ft.
Sold
$641,000 Sold Price as of 08/17/2020 Refinance Your Mortgage

Map preview of 3741 Locke Ave, Los Angeles, CA 90032

Property Overview: 3741 Locke Ave Los Angeles, CA has 5 bedrooms, 2 bathrooms, -- living square feet and 7,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: With your creative vision and some TLC, this 5 bedroom 2 bathroom fixer duplex in Newton Park provides a great opportunity for an Investor or an Owner-User searching for space for extended family or a home + rental income. The front home is 1,014 SF (per Assessor), has 3 bedrooms & 1 bathroom, and is full of character features from the covered front sun room to the spacious living room with mantled fireplace and adjacent dining room with built-ins and coffered ceiling. The bedrooms are large and there is a separate laundry room. The rear house is 528 SF (per Assessor) and has 2 bedrooms & 1 bathroom. The lot totals 7,499 SF (per Assessor) and is a blank slate to breathe some new life into and make it your own. Bring your contractor & your imagination and come see this hidden gem for yourself! Please note that we cannot guarantee the safety of entering these units - weak floors - please take caution and enter at your own risk.

Listed by David Knight | BRE #01829234 | Keller Williams Realty
Co-listed by Esther Clauson | BRE #02031778 | Keller Williams Realty
Last checked: 6 minutes ago | Last updated: November 2nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
7,499
HOA Dues
$0/mo
Year built
1910
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
P0-820002864
City
Los Angeles
County
Los Angeles
Time on Site
1215 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: --
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3741 Locke Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside, Common Area
Fireplace Information
  • Has Fireplace
  • Living Room, Wood Burning
Room Information
  • Flooring: Laminate, Wood, Tile
  • Living Room, Sun
Kitchen Information
  • Has Appliances
  • Gas Cooking, Range
Interior Features
  • Built-in Features, Coffered Ceiling(s)
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • No Spa
Exterior Features
  • No Pool
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Public Records
Property Information
  • No View
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5306011046
  • Year Built Source: Assessor
  • Property is not Attached
  • Offered With Property: All items on subject property except for Listing Agent's personal property
  • Property Condition: Fixer
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: Cross Street: Carnegie Street;
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Sale History for 3741 Locke Ave

Last sold for $641,000 on August 17th, 2020
  • August, 2020

  • Aug 17, 2020

    Date

    Sold (Public Records)

    Public Records

    $641,000

    Price

  • December, 2014

  • Dec 26, 2014

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

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Tax History for 3741 Locke Ave

Assessed Value (2020): $412,097
Year Land Value Improved Value Assessed Value
2020 $247,259 $164,838 $412,097

Home Value Compared to the Market

This property vs the competition

3741 Locke Ave sold on August 17, 2020 for 51.34% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 3741 Locke Ave

Detailed summary of property

3741 Locke Ave is a multi family that recently sold in Los Angeles, CA 90032. This multi family property offered 5 bedrooms, 2 bathrooms, roughly -- living square feet, and sits on an approximately 7,499 square foot lot. 3741 Locke Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $641,000. 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 51.34% lower than the current median priced home. Local homes that are currently for sale include 4173 Hubbard St, 1160 S Dacotah St and 1160 S Dacotah St. While the average home in Los Angeles, CA is selling in 93 days, 3741 Locke Ave has a days on market of 12 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 3741 Locke Ave Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3741 Locke Ave

Public county record property details
Beds
5
Baths
2
Year built
1910
Sq. Ft.
1,542
Lot Size
7,499
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
61
APN
5306-011-046

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$662
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
59
Median Sale to List Price %
93.75%
Avg Days on Market
20
Loan Type
Conventional (40%), FHA (10%), VA (0%), Cash (20%), Other (10%)

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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.