3776 Beethoven St, Los Angeles, CA 90066

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3776 Beethoven St Los Angeles, CA 90066

$2,325,000 Sold Price as of 09/15/2021

5 Beds
6 Baths
3,585 Sq.Ft.

Sold

$2,325,000 Sold Price as of 09/15/2021 Refinance Your Mortgage

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Map preview of 3776 Beethoven St, Los Angeles, CA 90066

Property Overview: 3776 Beethoven St Los Angeles, CA has 5 bedrooms, 6 bathrooms, 3,585 living square feet and 5,635 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3776 Beethoven Avenue is a 5 unit property is in the A+ Westside neighborhood of Mar Vista surrounded by multi million dollar homes. This designer-renovated property consists of one two-story 2+2 unit that acts like a free standing home, three 1+1's, and one studio. 3 of the 5 units are recently renovated, including an Owner's unit which has been fully outfitted with Viking appliances, a luxury soaking tub, in-unit laundry, custom closets and a Nest controlled central A/C system. Additionally, the property is fully parked and there is on-site laundry for extra income. Updated units rented in days with multiple applications. Buy into Mar Vista before the completion of new nearby mixed use projects that include Haven, Innove and The Oliver which are sure to drive area pricing. Quality tenants are attracted to the neighborhood feel, walkability, proximity to office hubs with only minutes to Playa Vista, Culver City, Marina Del Rey and Santa Monica. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside.

Listed by Jordan Peikin | BRE #02015987 | Clement Partners Real Estate

Last checked: 7 minutes ago | Last updated: January 7th, 2024 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft: 5,635
HOA Dues: $0/mo
Year built: 1947
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21748724
City: Los Angeles
County: Los Angeles
Time on Site: 1058 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 5
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $4,650
Total Rent: $4,650
Pro Forma/Market Rent: $4,850

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,310
Total Rent: $2,310
Pro Forma/Market Rent: $2,475

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,475
Total Rent: $2,475
Pro Forma/Market Rent: $2,600

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,217
Total Rent: $1,217
Pro Forma/Market Rent: $2,600

Unit Breakdown 5

# of Units: 1
# of Beds: 0
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $861
Total Rent: $861
Pro Forma/Market Rent: $1,695

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 17.01
Gross Scheduled Income: --
Net Operating Income: $95,412
Gross Operating Income: $135,051

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 3776 Beethoven St

Interior Features

Cooling Information

Has Cooling
Central Air

Heating Information

Has Heating
Central, Wall Furnace

Laundry Information

Has Laundry
Washer Included, Dryer Included, Individual Room, Community

Room Information

Flooring: Tile, Laminate

Kitchen Information

Has Appliances
Dishwasher, Disposal, Refrigerator

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Covered, Private, Carport

Property Information

Has View
View: City Lights
Total # of Units: 5
Parcel Number: 4245017014

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Other

Location / Neighborhood

Location Information

Directions: North of Venice Blvd, South of Palms Blvd, East of Walgrove Ave, West of Centinela Ave

View more facts & features

Local Los Angeles Agent

Sale History for 3776 Beethoven St

Last leased for $2,500 on January 6th, 2024

January, 2024
Jan 6, 2024

Date

Leased

CRMLS: 23336263

$2,500

Price
Dec 1, 2023

Date

Active

CRMLS: 23336263

$2,700

Price
Listing provided courtesy of CRMLS

Newly remodeled 1 bedroom 1 bath unit in wonderful Mar Vista location! Small 5 unit building. 2nd floor unit letting in lots of light. Hardwood floors. Kitchen includes refrigerator, stove & dishwasher. 1 parking space. Community laundry room. Close to beach, shops & restaurants!

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October, 2022
Oct 20, 2022

Date

Leased

CRMLS: 22207327

$2,500

Price
Oct 10, 2022

Date

Active

CRMLS: 22207327

$2,500

Price
Listing provided courtesy of CRMLS

Newly remodeled 1 bedroom 1 bath unit in wonderful Mar Vista location! Small 5 unit building. 2nd floor unit letting in lots of light. Hardwood floors. Kitchen includes refrigerator, stove & dishwasher. 1 parking space. Community laundry room.

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September, 2021
Sep 15, 2021

Date

Sold

CRMLS: 21748724

$2,325,000

Price
Sep 4, 2021

Date

Pending

CRMLS: 21748724

$2,350,000

Price
Jul 30, 2021

Date

Active Under Contract

CRMLS: 21748724

$2,350,000

Price
Jul 15, 2021

Date

Active

CRMLS: 21748724

$2,350,000

Price
Jun 22, 2021

Date

Active Under Contract

CRMLS: 21748724

$2,350,000

Price
Jun 17, 2021

Date

Active

CRMLS: 21748724

$2,350,000

Price
Jun 16, 2021

Date

Coming Soon

CRMLS: 21748724

$2,350,000

Price
July, 2020
Jul 8, 2020

Date

Canceled

CRMLS: 20591358

$2,495,000

Price
Jun 16, 2020

Date

Active

CRMLS: 20591358

$2,495,000

Price
Listing provided courtesy of CRMLS

Rare opportunity to own a newly renovated apartment building in trendy Mar Vista. Perfect fit for an owner-user, or investor looking for upside in a stable westside location. Investors will love a 3.97% CAP rate, the quality of the neighborhood, additional laundry income, and abundant onsite parking. Owner-users will love the beautifully redone front house - a bright two-story living space with high-end finishes, tall ceilings, a private yard area, Viking appliances, central A/C, Nest system, and in-unit laundry. Three out of five total units have been updated with brand new flooring, bathrooms, and kitchens. Quality tenants that care for the space and continue to pay rent on time. Six covered parking spaces on the property and opportunity to add ADU. Walk to Deus Ex Machina and Superba Food & Bread on Lincoln, or wander to Mar Vista favorites like Little Fattys, Alanas Coffee Roasters and the Mar Vista Farmers Market. Location is minutes away from Playa Vista, Culver City, Venice

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December, 2019
Dec 24, 2019

Date

Sold

CRMLS: 19523550

$1,500,000

Price
Dec 11, 2019

Date

Active Under Contract

CRMLS: 19523550

$1,695,000

Price
Oct 25, 2019

Date

Active

CRMLS: 19523550

$1,695,000

Price
Listing provided courtesy of CRMLS

Mar Vista 5 unit apartmenrt located on R1 zoning. Well maintained. 10 minutes to Venice Beach and biking distance to Marina Del Rey and Santa Monica. Buyer to comply with the City Required Soft Story Retrofits after escrow closing at buyer's expense. Two units are vacant. No For Sale sign, Do not disturb tenants.

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December, 2019
Dec 20, 2019

Date

Sold (Public Records)

Public Records

$1,500,000

Price

Tax History for 3776 Beethoven St

Assessed Value (2020): $1,500,270

Year	Land Value	Improved Value	Assessed Value
2020	$1,200,000	$300,270	$1,500,270

Home Value Compared to the Market

This property vs the competition

3776 Beethoven St sold on September 15, 2021 for 97.48% 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 $655.51 per/sqft which puts the price per square foot 13.18% lower than the current median sale per square foot for the city of Los Angeles.

About 3776 Beethoven St

Detailed summary of property

3776 Beethoven St is a multi family that recently sold in Los Angeles, CA 90066. This multi family property offered 5 bedrooms, 6 bathrooms, roughly 3,585 living square feet, and sits on an approximately 5,635 square foot lot. 3776 Beethoven St was first listed on ArdentRealEstateGroup.com on June 16, 2021. The homeowner sold the property for $2,325,000. 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 97.48% higher than the current median priced home. Local homes that are currently for sale include 1263 Devon Ave, 12188 W Sunset Blvd and 12188 W Sunset Blvd. While the average home in Los Angeles, CA is selling in 93 days, 3776 Beethoven St has a days on market of 5 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 3776 Beethoven St 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 3776 Beethoven St

Public county record property details

Beds: 7
Baths: 6
Year built: 1947
Sq. Ft.: 3,585
Lot Size: 5,635
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 264
APN: 4245-017-014

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.

$1,009

Median Sold Price

$1,626,261

Median Sold Price/Sq.Ft.

$1,022

Total Inventory

113

Median Sale to List Price %

100.08%

Avg Days on Market

Loan Type

Conventional (9.09%), FHA (0%), VA (0%), Cash (15.15%), Other (6.06%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
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(714) 706-1823

Homes for Sale Near 3776 Beethoven St

Nearby Homes for Sale

13009 Venice Blvd, Los Angeles, CA 90066

Recently Sold Homes Near 3776 Beethoven St

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3 Baths

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$2,559,375 Last Sold Price

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$1,295,000 Last Sold Price

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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.