3741 Montclair St, Los Angeles, CA 90018
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3741 Montclair St Los Angeles, CA 90018

$999,000 Sold Price as of 11/27/2019
  • 4 Beds
  • 4 Baths
  • 3,776 Sq.Ft.
Sold
$999,000 Sold Price as of 11/27/2019 Refinance Your Mortgage

Map preview of 3741 Montclair St, Los Angeles, CA 90018

Property Overview: 3741 Montclair St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,776 living square feet and 5,665 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing opportunity to own a 4-plex in the super hot West Adams/Jefferson Park area! Large (over 900 sq ft) one bedroom/one baths, separate gas and electric meters. Potential to remodel the units and add a second bedroom could bring a huge boost to your investment. BONUS - building just passed (in May) the HCIDLA/SCEP inspection with flying colors! Conveniently located just minutes away from the metro line, DTLA and USC.

Listed by Kristen Ybaben | BRE #01364083 | Beach City Brokers
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
5,665
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB19173450
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,122
  • Total Rent: $1,122
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $932
  • Total Rent: $932
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $772
  • Total Rent: $772
  • Pro Forma/Market Rent: $1,700
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
  • New Taxes: $9,511
  • Trash: $0
  • Gardener: $960
  • Insurance: $2,211
  • Water/Sewer: $6,000

Property Details for 3741 Montclair St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Up Slope from Street
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5051016009
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of W. Adams, one block west of 7th Ave
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 3741 Montclair St

Last sold on December 2nd, 2019
  • December, 2019

  • Dec 2, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2019

  • Nov 28, 2019

    Date

    Sold

    CRMLS: SB19173450

    $999,000

    Price

  • Sep 18, 2019

    Date

    Active Under Contract

    CRMLS: SB19173450

    $999,000

    Price

  • Jul 23, 2019

    Date

    Active

    CRMLS: SB19173450

    $999,000

    Price

  • November, 2019

  • Nov 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $999,000

    Price

Show More

Tax History for 3741 Montclair St

Assessed Value (2020): $999,000
Year Land Value Improved Value Assessed Value
2020 $759,000 $240,000 $999,000

Home Value Compared to the Market

This property vs the competition

3741 Montclair St sold on November 27, 2019 for 16.05% lower 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 $264.57 per/sqft which puts the price per square foot 64.96% lower than the current median sale per square foot for the city of Los Angeles.

About 3741 Montclair St

Detailed summary of property

3741 Montclair St is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 3,776 living square feet, and sits on an approximately 5,665 square foot lot. 3741 Montclair St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $999,000. 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 16.05% lower than the current median priced home. Local homes that are currently for sale include 1719 W 35th St, 3968 Arlington Ave and 1272 Queen Anne Pl. While the average home in Los Angeles, CA is selling in 92 days, 3741 Montclair St has a days on market of 54 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 3741 Montclair St Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3741 Montclair St

Public county record property details
Beds
4
Baths
4
Year built
1925
Sq. Ft.
3,776
Lot Size
5,664
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5051-016-009

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$684
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
53
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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.