3759 Midvale Ave, Los Angeles, CA 90034
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3759 Midvale Ave Los Angeles, CA 90034

$2,700,000 Sold Price as of 03/09/2023
  • 2 Beds
  • 2 Baths
  • 936 Sq.Ft.
Sold
$2,700,000 Sold Price as of 03/09/2023 Refinance Your Mortgage

Map preview of 3759 Midvale Ave, Los Angeles, CA 90034

Property Overview: 3759 Midvale Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 936 living square feet and 2,255 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a wonderful opportunity for an investor to purchase a unique property with strong rental income located in a prime West Los Angeles Location. The house is being sold along with the adjoining lot located at 10875 Venice Boulevard. 10875 Venice Blvd. consists of two commercial spaces, 4 apartments and a cell tower on one lot. The total asking price is $2,975,000. One of the commercial spaces is occupied by a furniture store rented at $3,853 per month and the other space is rented by a t-shirt company at $4,075 per month. The monthly rental income for 3759 Midvale ave. is $2,545, the 4 apartments are projected at $6,590 total per month, the cell tower monthly rent is $1,550. The estimated square footage of each structure is as follows: the commercial space with the furniture store & 4 apartments total 4,964 Sq. Ft, the t-shirt company is in a separate structure that is estimated at 1,890 Sq. Ft., and the single family home is 936 Sq. Ft.

Listed by Gary Fox | BRE #00847295 | Miller & Desatnik Realty Co.
Co-listed by Michael Wozniak | BRE #01856514 | Miller & Desatnik Realty Co.
Last checked: 14 minutes ago | Last updated: March 14th, 2023 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
2,255
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
23229257
City
Los Angeles
County
Los Angeles
Time on Site
479 days

Property Details for 3759 Midvale Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Master Bathroom, Living Room
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Gated
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 4252025004
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Near the intersection of Venice Blvd. & Midvale Ave.
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Sale History for 3759 Midvale Ave

Last sold for $2,700,000 on March 9th, 2023
  • March, 2023

  • Mar 9, 2023

    Date

    Sold

    CRMLS: 23229257

    $2,700,000

    Price

  • Jan 4, 2023

    Date

    Active

    CRMLS: 23229257

    $2,975,000

    Price

  • January, 2023

  • Jan 4, 2023

    Date

    Canceled

    CRMLS: 22183129

    $3,250,000

    Price

  • Jul 26, 2022

    Date

    Active

    CRMLS: 22183129

    $3,475,000

    Price

  • Listing provided courtesy of CRMLS

    MAJOR PRICE REDUCTION!!! Price reduced $225,000. This is a wonderful opportunity for an investor to purchase a unique property with strong rental income located in a prime West Los Angeles Location. The house is being sold along with the adjoining lot at 10875 Venice Blvd. -the total asking price for both properties is $3,250,000. 10875 Venice Blvd. consists of two commercial spaces, 4 apartments and a cell tower on one lot. One of the commercial spaces is occupied by a furniture store rented at $3,853 per month and the other space is rented by a t-shirt company at $4,075 per month. The single family home monthly rent is $2,545 and the cell tower monthly rent is $1,550. The estimated square footage in the commercial space with the furniture store & 4 apartments totals 4,964 Sq. Ft and the t-shirt company is in a separate structure that is estimated at 1,890 Sq. Ft.

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Tax History for 3759 Midvale Ave

Assessed Value (2020): $36,204
Year Land Value Improved Value Assessed Value
2020 $19,751 $16,453 $36,204

Home Value Compared to the Market

This property vs the competition

3759 Midvale Ave sold on March 9, 2023 for 183.33% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $3178.42 per/sqft which puts the price per square foot 330.68% higher than the current median sale per square foot for the city of Los Angeles.

About 3759 Midvale Ave

Detailed summary of property

3759 Midvale Ave is a single family home that recently sold in Los Angeles, CA 90034. This house offered 2 bedrooms, 2 bathrooms, roughly 936 living square feet, and sits on an approximately 2,255 square foot lot. 3759 Midvale Ave was first listed on ArdentRealEstateGroup.com on January 4, 2023. The homeowner sold the property for $2,700,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 183.33% higher than the current median priced home. Local homes that are currently for sale include 3875 Marcasel Ave, 9511 National Blvd and 2968 Motor Ave. While the average home in Los Angeles, CA is selling in 96 days, 3759 Midvale Ave has a days on market of 63 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 3759 Midvale 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 3759 Midvale Ave

Public county record property details
Beds
1
Baths
1
Year built
1924
Sq. Ft.
936
Lot Size
2,255
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
4252-025-004

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
$1,849,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$1,785,000
Median Sold Price/Sq.Ft.
$1,017
Total Inventory
47
Median Sale to List Price %
99.17%
Avg Days on Market
18
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

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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.