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3758 Colonial Ave, Los Angeles, CA 90066
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3758 Colonial Ave Los Angeles, CA 90066

$1,629,800 Sold Price as of 01/12/2023
  • 4 Beds
  • 3 Baths
  • 1,993 Sq.Ft.
Sold
$1,629,800 Sold Price as of 01/12/2023 Refinance Your Mortgage
Map preview of 3758 Colonial Ave, Los Angeles, CA 90066

Property Overview: 3758 Colonial Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,993 living square feet and 5,751 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2 OUT OF 3 UNITS CAN BE DELIVERED VACANT! Located on a quiet, tree-lined street in the desirable Mar Vista neighborhood close to Silicon Beach, Culver City, and Santa Monica, this well-maintained triplex is perfect for an owner/user or investor. There are two units with 1 bedroom and 1 bathroom, and one unit with two bedrooms and one bathroom, plus two one-car garages. All have abundant natural light, refinished hardwood floors, updated kitchens and bathrooms, and their own washers and dryers. Ideal location close to the 405 and 10 Freeways. The 2-bedroom unit and one of the 1 bedroom units can be delivered vacant, so an owner can either move in or re-tenant at market rate. Drive by only. Do not disturb tenants. Sold "As-Is." Please submit offer subject to inspection.

Listed by Naomi Selick | BRE #01908101 | Douglas Elliman
Last checked: 10 minutes ago | Last updated: January 13th, 2023 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
5,751
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22176985
City
Los Angeles
County
Los Angeles
Time on Site
648 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,480
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,931
  • Total Rent: $1,931
  • Pro Forma/Market Rent: $2,480
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,510
  • Total Rent: $1,510
  • Pro Forma/Market Rent: $3,247
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 23.22
  • Gross Scheduled Income: --
  • Net Operating Income: $44,810
  • Gross Operating Income: $71,052
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3758 Colonial Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 4246025021
  • Year Built Source: Assessor
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North of Venice Bl, West of Sepulveda Bl
View more facts & features

Local Los Angeles Agent

Sale History for 3758 Colonial Ave

Last sold for $1,629,800 on January 12th, 2023

  • January, 2023

  • Jan 12, 2023

    Date

    Sold

    CRMLS: 22176985

    $1,629,800

    Price

  • Jul 11, 2022

    Date

    Active

    CRMLS: 22176985

    $1,650,000

    Price

  • September, 2021

  • Sep 4, 2021

    Date

    Price Change

    CRMLS: 21765590

    $1,675,000

    Price

  • Aug 2, 2021

    Date

    Active

    CRMLS: 21765590

    $1,725,000

    Price

  • Jul 28, 2021

    Date

    Coming Soon

    CRMLS: 21765590

    $1,725,000

    Price

  • Listing provided courtesy of CRMLS

    First time on the market in over 38 years, this desirable Triplex has great upside potential and is situated in the growing neighborhood of Mar Vista. Located on a desirable block in a quiet neighborhood that boasts mature evergreen trees and wide parkways, this property is a rare and excellent opportunity for either an owner/user, a builder/developer or to perform a 1031 exchange . Light and bright units are one 2 bed/1 bath + two 1 bed/1 bath each with their own washer/dryer and are ready to be reimagined at your own pace. 2 car detached garage. Close to Venice Beach, Abbot Kinney and Main Street Santa Monica, with easy access to the 405 and 10 Freeways. Rents are well below current market. Drive by only. Please Do Not disturb tenants. Being sold "As-Is." Entrance upon accepted offer only.

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Tax History for 3758 Colonial Ave

Assessed Value (2020): $300,611
Year Land Value Improved Value Assessed Value
2020 $204,586 $96,025 $300,611

Home Value Compared to the Market

This property vs the competition

3758 Colonial Ave sold on January 12, 2023 for 38.57% 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 $827.4 per/sqft which puts the price per square foot 9.59% higher than the current median sale per square foot for the city of Los Angeles.

About 3758 Colonial Ave

Detailed summary of property

3758 Colonial Ave is a multi family that recently sold in Los Angeles, CA 90066. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,993 living square feet, and sits on an approximately 5,751 square foot lot. 3758 Colonial Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $1,629,800. 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 38.57% higher than the current median priced home. Local homes that are currently for sale include 8664 Cadillac Ave, 1952 S Corning St and 5869 Dauphin Ave. While the average home in Los Angeles, CA is selling in 96 days, 3758 Colonial Ave has a days on market of 58 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 3758 Colonial Ave Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3758 Colonial Ave

Public county record property details
Beds
4
Baths
3
Year built
1930
Sq. Ft.
1,993
Lot Size
5,750
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
87
APN
4246-025-021

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,200,000
Median List Price/Sq.Ft.
$1,014
Median Sold Price
$1,626,261
Median Sold Price/Sq.Ft.
$1,022
Total Inventory
104
Median Sale to List Price %
100.08%
Avg Days on Market
29
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (15.15%), Other (6.06%)

Thinking of Selling?

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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.

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