3810 W 1St St, Los Angeles, CA 90004
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3810 W 1St St Los Angeles, CA 90004

$1,250,000
  • 10 Beds
  • 6 Baths
  • 7,761 Sq.Ft.
Pending
$1,250,000 Get Pre-Qualified

Map preview of 3810 W 1St St, Los Angeles, CA 90004

Property Overview: 3810 W 1St St Los Angeles, CA has 10 bedrooms, 6 bathrooms, 7,761 living square feet and 8,555 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This incredible 6 units is a 7,761 square foot multi-family home on a 8,549 square foot lot with 10 bedrooms and 6 bathrooms. This apartment community was built in 1923 and has 2 stories. Zone R3- please follow the TOC guidelines attached in the supplement, in the Opportunity Zone. Excellent opportunity for developer and/or investor. Adjacent Mid-Wilshire neighborhood. The property is in the heart of Koreatown neighborhood in Los Angeles. Easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Koreatown, Hollywood, Downtown, Chinatown. Additionally, the building is conveniently located near the 110, 101 and 10 Freeways. It is one of the most popular sections of LA. This submarket has been on the rise for years as more and more luxury developments pour into the area pushing a high occupancy rate in the last decade. Koreatown is a thriving market with many new developments taking place and a strong demand for housing in the area. This building is an attractive investment, in a prime location. This property has 2 addresses 3810 W. 1st St and 101 S. Catalina St on a corner lot. 1 unit to be delivered vacant at closing.

Listed by Amy Wang | BRE #01349731 | Coldwell Banker George Realty
Last checked: 56 seconds ago | Last updated: March 13th, 2024 | Source CRMLS | DOM: 123
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Home details

Lot Sq. Ft
8,555
HOA Dues
$0/mo
Year built
1923
Garage
6 Car
Property Type:
Apartment
Status
Pending
MLS#
AR23174767
City
Los Angeles
County
Los Angeles
Time on Site
192 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 5
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $606
  • Total Rent: $606
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $554
  • Total Rent: $554
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $708
  • Total Rent: $708
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 1.41%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $48,216
  • Net Operating Income: $17,671
  • Gross Operating Income: $48,216
  • Vacancy Allowance: $1,446
Annual Expense Breakdown
  • Total Operating Expense: $43,350
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $492
  • New Taxes: $15,625
  • Trash: $3,533
  • Insurance: $5,165
  • Maintenance: $1,155
  • Professional Management: $0
  • Water/Sewer: $3,129

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Property Details for 3810 W 1St St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • Has Appliances
  • Gas Range
Exterior Features
Exterior Information
  • Roof: Flat, Spanish Tile
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Garage - Single Door
Lot Information
  • Lot Features: Lot 6500-9999, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 5518020001
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W/ Vermont Ave. S/ Beverly Blvd.
  • Road Frontage Type: Alley
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 3810 W 1St St

Last sold on January 23rd, 2012
  • March, 2024

  • Mar 13, 2024

    Date

    Pending

    CRMLS: AR23174767

    $1,250,000

    Price

  • Sep 18, 2023

    Date

    Active

    CRMLS: AR23174767

    $1,450,000

    Price

  • September, 2023

  • Sep 16, 2023

    Date

    Expired

    CRMLS: AR23022231

    $1,500,000

    Price

  • Feb 8, 2023

    Date

    Active

    CRMLS: AR23022231

    $2,390,000

    Price

  • Listing provided courtesy of CRMLS

    This incredible 6 units is a 7,761 square foot multi-family home on a 8,549 square foot lot with 10 bedrooms and 6 bathrooms. This apartment community was built in 1923 and has 2 stories. Zone R3- please follow the TOC guidelines attached in the supplement, in the Opportunity Zone. Excellent opportunity for developer and/or investor. Adjacent Mid-Wilshire neighborhood. The property is in the heart of Koreatown neighborhood in Los Angeles. Easy access to surrounding areas including Larchmont Village, Country Club Park, Miracle Mile, Koreatown, Hollywood, Downtown, Chinatown. Additionally, the building is conveniently located near the 110, 101 and 10 Freeways. It is one of the most popular sections of LA. This submarket has been on the rise for years as more and more luxury developments pour into the area pushing a high occupancy rate in the last decade. Koreatown is a thriving market with many new developments taking place and a strong demand for housing in the area. This building is an attractive investment, in a prime location. This property has 2 addresses 3810 W. 1st St and 101 S. Catalina St on a corner lot.

  • January, 2012

  • Jan 23, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3810 W 1St St

Assessed Value (2020): $136,919
Year Land Value Improved Value Assessed Value
2020 $74,174 $62,745 $136,919

Home Value Compared to the Market

This property vs the competition

3810 W 1St St is listed 0% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $770 and this home is listed at $161.06 per/sqft which puts the price per square foot 79.08% lower than the median price per square foot for the city of Los Angeles.

About 3810 W 1St St

Detailed summary of property

3810 W 1St St is a apartment located in Los Angeles, CA 90004 and is currently in escrow to be sold. This apartment offers 10 bedrooms, 6 bathrooms, roughly 7,761 living square feet, and sits on an approximately 8,555 square foot lot. 3810 W 1St St was first listed on ArdentRealEstateGroup.com on September 19, 2023. The homeowner is currently asking $1,250,000 and was originally asking $1,450,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $770. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 0% higher than the median priced home. Local competing homes currently for sale include 740 N Ardmore Ave, 741 N Harvard Blvd and 810 N Hobart Blvd. While the average home in Los Angeles, CA is selling in 100 days, 3810 W 1St St has a days on market of 123 days. There are currently 3287 homes for sale in the Los Angeles real estate market and 2252 of them are single family homes while 954 of them are condos and 78 are townhomes. For more information on this home for sale at 3810 W 1St St Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3810 W 1St St

Public county record property details
Beds
10
Baths
6
Year built
1923
Sq. Ft.
7,761
Lot Size
8,549
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5518-020-001

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$764
Median Sold Price
$811,000
Median Sold Price/Sq.Ft.
$637
Total Inventory
54
Median Sale to List Price %
90.21%
Avg Days on Market
53
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (30%), Other (10%)

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Related Resources to 3810 W 1St St

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.