3749 Mercury Ave, Los Angeles, CA 90031
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3749 Mercury Ave Los Angeles, CA 90031

$902,000 Sold Price as of 11/22/2021
  • 4 Beds
  • 2 Baths
  • 1,733 Sq.Ft.
Sold
$902,000 Sold Price as of 11/22/2021 Refinance Your Mortgage

Map preview of 3749 Mercury Ave, Los Angeles, CA 90031

Property Overview: 3749 Mercury Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,733 living square feet and 4,209 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3749 Mercury Avenue offers incredible light, a cozy backyard with firepit and private deck for sunset views, and your very own 2 unit property with two bedrooms and 1 bath each and private entrances. Built on an upslope lot in Lincoln Heights, this duplex property has a total of 4 bedrooms and 2 baths in 1,733 taped square feet with incredible views to the Southwest through the rolling hills of Northeast Los Angeles. Tucked into the appropriately named Happy Valley, Mercury Avenue connects to North Broadway for quick trips to Downtown Los Angeles and Monterey Pass Road for access to Highland Park, Pasadena and all points East. The fully fenced and private yard with views through the sun drenched hills of Northeast Los Angeles creates a welcome space to spend days working from home and the firepit and conversation areas transition you to evenings with sunset views. If you've looked for a home with an ADU to offset the mortgage, look no further. The upstairs apartment is 2 bedrooms, 1 full bath in 975 square feet. Gleaming wood floors, updated kitchen, and in-home laundry along with a deep soaking tub make this home comfortable and cozy. Numerous updates include recessed lighting, updated bathroom, and dual pane windows. Downstairs, the 2 bedroom and 3/4 bath apartment is currently rented and has wood floors, a large kitchen with dining area and great light from the South facing doors. Debs Park, with miles of hiking trails, is around the corner. Fresco Community Market, The Airliner Bar, Tierra Mia Coffee and Bambino Stone Pizza are nearby to welcome you to the neighborhood. Listed as both a single family and Duplex listing #P1-6403

Listed by Adam Bray-Ali | BRE #01859026 | Coldwell Banker Realty
Last checked: 9 minutes ago | Last updated: March 15th, 2023 | Source CRMLS | DOM: 77

Home details

Lot Sq. Ft
4,209
HOA Dues
$0/mo
Year built
1918
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
P1-6401
City
Los Angeles
County
Los Angeles
Time on Site
995 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,429
  • Total Rent: $1,429
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $17,148
  • Net Operating Income: $15,648
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $1,500
  • Electric: $600
  • Gas/Fuel: $0
  • Trash: $300
  • Insurance: $300
  • Water/Sewer: $300

Property Details for 3749 Mercury Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Closet, Stackable, Upper Level
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Wood
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Ceiling Fan(s), Recessed Lighting, Stone Counters
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Asphalt, Composition, Shingle
  • Has Fence
  • Good Condition, Redwood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Back Yard, Front Yard, Rectangular Lot
  • Lot Size Source: Public Records
Property Information
  • Has View
  • View: Canyon, City Lights, Mountain(s)
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5304036009
  • Year Built Source: Public Records
  • Entry Level: 12
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: From Broadway, take Lincoln Park Avenue North. Where the road ends, take a quick right onto Flora Ave and then Left on Sierra Street. Mercury is at the Stop sign. Turn right and the home is past the school on the left hand side of the street.
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
Neighborhood Information
  • Community Features: Foothills, Park, Suburban, Valley
View more facts & features

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Sale History for 3749 Mercury Ave

Last leased for $3,495 on December 3rd, 2021
  • December, 2021

  • Dec 3, 2021

    Date

    Leased

    CRMLS: 21107443

    $3,495

    Price

  • Nov 23, 2021

    Date

    Active

    CRMLS: 21107443

    $3,495

    Price

  • Listing provided courtesy of CRMLS

    This property offers incredible light inside the space as well as the outdoor areas which feature a fire pit, a private deck for sunset views, and a special corner to hang a hammock. The house is built on a slope with wonderful views of the neighboring hills. The house has two bedrooms and 1 bath with hard wood floors, remodeled kitchen and washer and dryer hook ups for your convenience. The space inside is ample with an open layout for socializing and also connects to the kitchen for entertaining. The two bedrooms are conveniently very well sized with ample closets inside each of them and the bathroom features a deep soaking tub making this home comfortable and cozy. Although it's a duplex, it feels like a single family home as it sits on its own floor with access to a sprawling backyard. It's also separately gated making it an ideal location for tenants with pets. Additionally, Debs Park, with miles of hiking trails, is around the corner. Fresco Community Market, The Airliner Bar, Tierra Mia Coffee and Bambino Stone Pizza are nearby to welcome you to the neighborhood. **Furniture in listing photos are staged and does not come with the property.**

  • April, 2020

  • Apr 28, 2020

    Date

    Price Change

    CRMLS: B11023731

    $259,900

    Price

  • Apr 28, 2020

    Date

    Price Change

    CRMLS: B11023731

    $239,900

    Price

  • Listing provided courtesy of CRMLS

    Duplex in "Happy Valley" area of Los Angeles. (Short Sale: All terms and conditions subject to lender approval. There is only one loan on property and it is with Bank of America. Information herein has not been investigated or verified by listing broker/agent. Buyer to verify all information, zoning, condition, permits, city regulations, etc. independently through prospective buyer's appropriate professionals of buyers chosing at buyer's expense, and not rely on Brokers, Agents or Seller.)

  • September, 2011

  • Sep 30, 2011

    Date

    Sold (Public Records)

    Public Records

    $259,000

    Price

  • December, 2005

  • Dec 16, 2005

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

  • September, 2005

  • Sep 1, 2005

    Date

    Expired

    CRMLS: 12054681

    $410,000

    Price

  • May 31, 2005

    Date

    Active

    CRMLS: 12054681

    $475,000

    Price

  • Listing provided courtesy of CRMLS

    Fell out of escrow, ....... Price is reduced for quick sale. Great opportunity in emerging area. Out of State Owner is purchasing another home, ready to sell!! Ready for a large family . 2/1 upstairs 2/1 downstairs (unpermitted). Only offers with Pre-qualaified buyers accepted. Hurry this one won't last, area has seen fast increase in value.

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Tax History for 3749 Mercury Ave

Assessed Value (2020): $297,455
Year Land Value Improved Value Assessed Value
2020 $222,806 $74,649 $297,455

Home Value Compared to the Market

This property vs the competition

3749 Mercury Ave sold on November 22, 2021 for 30.67% 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 $476.05 per/sqft which puts the price per square foot 36.95% lower than the current median sale per square foot for the city of Los Angeles.

About 3749 Mercury Ave

Detailed summary of property

3749 Mercury Ave is a duplex that recently sold in Los Angeles, CA 90031. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,733 living square feet, and sits on an approximately 4,209 square foot lot. 3749 Mercury Ave was first listed on ArdentRealEstateGroup.com on August 27, 2021. The homeowner sold the property for $902,000. 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 30.67% lower than the current median priced home. Local homes that are currently for sale include 4706 Catalpa St, 829 El Paso Dr and 2641 Pomeroy Ave. While the average home in Los Angeles, CA is selling in 94 days, 3749 Mercury Ave has a days on market of 77 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 3749 Mercury Ave Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3749 Mercury Ave

Public county record property details
Beds
3
Baths
2
Year built
1918
Sq. Ft.
1,337
Lot Size
4,208
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
614
APN
5304-036-009

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$661
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
36
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

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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.