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3806 Maple Ave, Los Angeles, CA 90011
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3806 Maple Ave Los Angeles, CA 90011

$720,000 Sold Price as of 01/11/2022
  • 5 Beds
  • 4 Baths
  • 2,462 Sq.Ft.
Sold
$720,000 Sold Price as of 01/11/2022 Refinance Your Mortgage
Map preview of 3806 Maple Ave, Los Angeles, CA 90011

Property Overview: 3806 Maple Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,462 living square feet and 4,568 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3806 Maple Ave is a highly desirable "Cottage Style" 4-Unit Multifamily Property accompanied with Ready to Issue “RTI” Approved Permits to add a 5th unit to the existing garage for extra income. These cottage style units function like individual homes and are a renter and owners dream. The property has a tenant-ready & beautifully REMODELED 2BD/1BTH unit ready for an owner occupier and qualifies for 30-year fixed financing at today’s exceptionally low rates. This is the perfect investment for a first-time homeowner or seasoned investor to rent out and capture great cash flow. With a 50% upside in the rents and RTI permits ready to convert existing garage to your 5th unit, the potential with this building reaches well above a 10.27% cap rate. All units have their own electric and gas meters. With a Walk score of 81, Transit score of 72, and Bike Score of 93, you can walk or bike for all your errands and take the kids to one of the three very walkable parks nearby. Minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art’s District, The Reef, Banc of California Stadium, and LA LIVE.

Listed by Cameron Samimi | BRE #02035763 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 8 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 98

Home details

Lot Sq. Ft
4,568
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB21118561
City
Los Angeles
County
Los Angeles
Time on Site
1082 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,095
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $634
  • Total Rent: $634
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $634
  • Total Rent: $634
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $634
  • Total Rent: $634
  • Pro Forma/Market Rent: $1,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.59%
  • Gross Rent Multiplier: 15.95
  • Gross Scheduled Income: $47,964
  • Net Operating Income: $27,448
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $18,118
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 3806 Maple Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5121024003
  • 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: Off of Martin Luther King and Maple Ave
Neighborhood Information
  • Community Features: Curbs, Park
View more facts & features

Local Los Angeles Agent

Sale History for 3806 Maple Ave

Last sold for $720,000 on January 11th, 2022

  • September, 2021

  • Sep 13, 2021

    Date

    Active Under Contract

    CRMLS: SB21118561

    $765,000

    Price

  • Aug 9, 2021

    Date

    Active

    CRMLS: SB21118561

    $765,000

    Price

  • Aug 5, 2021

    Date

    Hold

    CRMLS: SB21118561

    $765,000

    Price

  • Jun 24, 2021

    Date

    Price Change

    CRMLS: SB21118561

    $765,000

    Price

  • Jun 2, 2021

    Date

    Active

    CRMLS: SB21118561

    $795,000

    Price

  • December, 2020

  • Dec 17, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2020

  • Dec 8, 2020

    Date

    Sold

    CRMLS: 20641098

    $525,000

    Price

  • Dec 6, 2020

    Date

    Pending

    CRMLS: 20641098

    $525,000

    Price

  • Dec 2, 2020

    Date

    Active Under Contract

    CRMLS: 20641098

    $525,000

    Price

  • Oct 13, 2020

    Date

    Active

    CRMLS: 20641098

    $525,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible 4-plex opportunity located near USC and DTLA. Plenty of upside with value add potential. Trust Sale with no court confirmation required. All units have separate meters for water and gas. Inspection with accepted offer only. UPDATED DEADLINE: All offers are due by November 27, 2020 at 5:00pm.

  • December, 2020

  • Dec 8, 2020

    Date

    Sold (Public Records)

    Public Records

    $525,000

    Price

Show More

Tax History for 3806 Maple Ave

Assessed Value (2020): $518,087
Year Land Value Improved Value Assessed Value
2020 $353,244 $164,843 $518,087

Home Value Compared to the Market

This property vs the competition

3806 Maple Ave sold on January 11, 2022 for 35.71% 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 $310.72 per/sqft which puts the price per square foot 58.84% lower than the current median sale per square foot for the city of Los Angeles.

About 3806 Maple Ave

Detailed summary of property

3806 Maple Ave is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,462 living square feet, and sits on an approximately 4,568 square foot lot. 3806 Maple Ave was first listed on ArdentRealEstateGroup.com on June 2, 2021. The homeowner sold the property for $720,000. 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 35.71% lower than the current median priced home. Local homes that are currently for sale include 483 E 49th St, 232 W 49th St and 5123 S San Pedro. While the average home in Los Angeles, CA is selling in 92 days, 3806 Maple Ave has a days on market of 98 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 3806 Maple Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3806 Maple Ave

Public county record property details
Beds
5
Baths
4
Year built
1923
Sq. Ft.
2,262
Lot Size
4,567
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
114
APN
5121-024-003

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
44
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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(714) 706-1823

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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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