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3820 Tampico Ave, Los Angeles, CA 90032
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3820 Tampico Ave Los Angeles, CA 90032

$1,100,000 Sold Price as of 05/20/2022
  • 6 Beds
  • 2 Baths
  • 2,956 Sq.Ft.
Sold
$1,100,000 Sold Price as of 05/20/2022 Refinance Your Mortgage
Map preview of 3820 Tampico Ave, Los Angeles, CA 90032

Property Overview: 3820 Tampico Ave Los Angeles, CA has 6 bedrooms, 2 bathrooms, 2,956 living square feet and 7,125 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer for sale this 5 unit investment property located in the city of Los Angeles. The property is located in the "North East " section of the city which is a highly desirable rental area. The subject property is comprised of 2 structures, one detached 2Bed/1Bath unit, and a second structure with 4(1Bed/1Bath) units. The current owner has kept the rental rates well below market, making this a great opportunity for the savvy investor to utilize "substantial improvement" to reposition the property and take advantage of potential upside in rental income!

Listed by Gil Legaspi | BRE #01265976 | Realty Executives Com. & Res.
Last checked: 1 minute ago | Last updated: March 6th, 2024 | Source CRMLS | DOM: 41

Home details

Lot Sq. Ft
7,125
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW22051178
City
Los Angeles
County
Los Angeles
Time on Site
916 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,393
  • Total Rent: $1,393
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $1,040
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $657
  • Total Rent: $657
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.58%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $70,692
  • Net Operating Income: $51,063
  • Gross Operating Income: $68,571
  • Vacancy Allowance: $2,121
Annual Expense Breakdown
  • Total Operating Expense: $17,508
  • Electric: $250
  • Gas/Fuel: $0
  • New Taxes: $13,938
  • Trash: $0
  • Gardener: $720
  • Insurance: $2,600
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 3820 Tampico Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 5
  • Parcel Number: 5307013016
  • 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: Tampico Ave & Huntington Dr
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 3820 Tampico Ave

Last leased for $1,700 on March 6th, 2024

  • March, 2024

  • Mar 6, 2024

    Date

    Leased

    CRMLS: P1-16261

    $1,700

    Price

  • Jan 20, 2024

    Date

    Active

    CRMLS: P1-16261

    $1,800

    Price

  • Listing provided courtesy of CRMLS

    Discover modern comfort in this remodeled top floor 1-bed 1-bath El Sereno apartment. This unit boasts a range of upgrades, including sleek laminate flooring, contemporary kitchen cabinets, a built-in microwave, and the convenience of an air conditioning unit. The bathroom has been transformed with a new vanity, toilet, and stylish bath fixtures. With thoughtful details like window blinds, this unit offers a bright and inviting living space. Enjoy the picturesque westerly and northern views, creating a perfect backdrop for your daily living. Conveniently located to Alhambra, DTLA and Pasadena.

  • December, 2023

  • Dec 1, 2023

    Date

    Leased

    CRMLS: P1-14697

    $1,800

    Price

  • Aug 11, 2023

    Date

    Active

    CRMLS: P1-14697

    $1,800

    Price

  • Listing provided courtesy of CRMLS

    Experience the comforts of home in this recently remodeled 1 bedroom, 1 bathroom residence nestled in the vibrant center of El Sereno. Located on the first floor for easy access, this unit includes fresh flooring, pristine new paint, and a stunningly modern bathroom. Here you will find plenty of natural light as well as generous storage for all of your belongings. Your ideal haven awaits - seize the opportunity to make this yours today.

  • May, 2022

  • May 20, 2022

    Date

    Sold

    CRMLS: DW22051178

    $1,100,000

    Price

  • Mar 18, 2022

    Date

    Active

    CRMLS: DW22051178

    $1,115,000

    Price

  • May, 2020

  • May 31, 2020

    Date

    Expired

    CRMLS: WS20036583

    $975,000

    Price

  • May 1, 2020

    Date

    Price Change

    CRMLS: WS20036583

    $975,000

    Price

  • Apr 8, 2020

    Date

    Active

    CRMLS: WS20036583

    $1,000,000

    Price

  • Mar 9, 2020

    Date

    Pending

    CRMLS: WS20036583

    $1,000,000

    Price

  • Feb 19, 2020

    Date

    Active

    CRMLS: WS20036583

    $1,000,000

    Price

  • Listing provided courtesy of CRMLS

    Great location in El Sereno 4 attach units in one building and a single house in the back with 2 bedrooms and 1 bedroom with privet patio . each units with one parking space one block from Huntington Dr 10 mm from South Pasadena and Alhambra . this units have a video camera. Owner will be increase the rent by January 2020.

  • January, 2020

  • Jan 18, 2020

    Date

    Canceled

    CRMLS: WS19236145

    $975,000

    Price

  • Jan 15, 2020

    Date

    Hold

    CRMLS: WS19236145

    $975,000

    Price

  • Jan 7, 2020

    Date

    Active

    CRMLS: WS19236145

    $975,000

    Price

  • Jan 7, 2020

    Date

    Price Change

    CRMLS: WS19236145

    $975,000

    Price

  • Dec 19, 2019

    Date

    Hold

    CRMLS: WS19236145

    $1,099,000

    Price

  • Oct 4, 2019

    Date

    Active

    CRMLS: WS19236145

    $1,099,000

    Price

  • Listing provided courtesy of CRMLS

    Great location in El Sereno 4 attach units in one building and a single house in the back with 2 bedrooms and 1badroom with privet patio . each units with one parking space one block from Huntington Dr 10 mm from South Pasadena and Alhambra . this units have a video camera. Owner will be increase the rent by January 2020.

  • September, 2019

  • Sep 4, 2019

    Date

    Canceled

    CRMLS: RS19025045

    $1,120,000

    Price

  • Feb 1, 2019

    Date

    Active

    CRMLS: RS19025045

    $1,120,000

    Price

  • Listing provided courtesy of CRMLS

    !!Just Listed. Location Location Incredible Opportunity To Own 5 Great Units In A Great Area Of Los Angeles.These Units were renovated completely * 3 Years Ago. New Kitchens Cabinets,New Copper Plubming, New Lighting. The Two Bedroom House Was Completely Renovated New Insolation,New Drywall,New Rewiring,New Kitchen Cabinets.These Units Have Surveillance Cameras. Property its one block from Huntingtong Drive

  • December, 1994

  • Dec 15, 1994

    Date

    Sold (Public Records)

    Public Records

    $187,000

    Price

Show More

Tax History for 3820 Tampico Ave

Assessed Value (2020): $287,184
Year Land Value Improved Value Assessed Value
2020 $218,084 $69,100 $287,184

Home Value Compared to the Market

This property vs the competition

3820 Tampico Ave sold on May 20, 2022 for 0.45% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $377.2 per/sqft which puts the price per square foot 47.9% lower than the current median sale per square foot for the city of Los Angeles.

About 3820 Tampico Ave

Detailed summary of property

3820 Tampico Ave is a multi family that recently sold in Los Angeles, CA 90032. This multi family property offered 6 bedrooms, 2 bathrooms, roughly 2,956 living square feet, and sits on an approximately 7,125 square foot lot. 3820 Tampico Ave was first listed on ArdentRealEstateGroup.com on March 18, 2022. The homeowner sold the property for $1,100,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 0.45% lower than the current median priced home. Local homes that are currently for sale include 148 S Avenue 53, 311 N Avenue 59 and 3900 Berenice Pl. While the average home in Los Angeles, CA is selling in 106 days, 3820 Tampico Ave has a days on market of 41 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3820 Tampico Ave Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3820 Tampico Ave

Public county record property details
Beds
6
Baths
5
Year built
1923
Sq. Ft.
2,956
Lot Size
7,124
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,112
APN
5307-013-016

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,900
Median List Price/Sq.Ft.
$633
Median Sold Price
$765,000
Median Sold Price/Sq.Ft.
$711
Total Inventory
58
Median Sale to List Price %
109.44%
Avg Days on Market
22
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (16.67%), Other (25%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 3820 Tampico Ave

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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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