3823 Walton Ave, Los Angeles, CA 90037
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3823 Walton Ave Los Angeles, CA 90037

$1,010,000 Sold Price as of 03/10/2022
  • 2 Beds
  • 2 Baths
  • 1,944 Sq.Ft.
Sold
$1,010,000 Sold Price as of 03/10/2022 Refinance Your Mortgage

Map preview of 3823 Walton Ave, Los Angeles, CA 90037

Property Overview: 3823 Walton Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,944 living square feet and 6,076 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Your next great investment opportunity awaits! This Value Add opportunity is located in a stellar location-minutes from USC, LA Memorial Coliseum, and Staples Center, where shopping centers, public transportation and entertainment is plentiful! This 1,944 sqft Duplex features (2) 1 Bed/1 Bath Units and sits on a 6,076 sqft lot. Great potential to add an ADU or JADU in the back! Fantastic 81 Bike Score & 71 Transit Score for easy access to metro lines. Perfect for an Investor or an Owner/User!

Listed by Megan Husri | BRE #02089901 | Keller Williams Studio City
Co-listed by David Weinberger | BRE #01349349 | Keller Williams Studio City
Last checked: 12 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
6,076
HOA Dues
$0/mo
Year built
1925
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21108751
City
Los Angeles
County
Los Angeles
Time on Site
949 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $975
  • Total Rent: $975
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $797
  • Total Rent: $797
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 31.5
  • Gross Scheduled Income: --
  • Net Operating Income: $19,264
  • Gross Operating Income: $21,264
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3823 Walton Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood, Carpet
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Uncovered, Garage - Two Door
Property Information
  • Has View
  • Total # of Units: 2
  • Parcel Number: 5037016011
Location / Neighborhood
Location Information
  • Directions: Cross Streets: W 38th St & Walton Ave
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Sale History for 3823 Walton Ave

Last sold for $1,010,000 on March 10th, 2022
  • March, 2022

  • Mar 10, 2022

    Date

    Sold

    CRMLS: 21108751

    $1,010,000

    Price

  • Dec 1, 2021

    Date

    Active

    CRMLS: 21108751

    $670,000

    Price

  • July, 2003

  • Jul 1, 2003

    Date

    Sold (Public Records)

    Public Records

    $6,000

    Price

  • May, 1994

  • May 3, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3823 Walton Ave

Assessed Value (2020): $67,256
Year Land Value Improved Value Assessed Value
2020 $40,361 $26,895 $67,256

Home Value Compared to the Market

This property vs the competition

3823 Walton Ave sold on March 10, 2022 for 47.41% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $344.65 per/sqft which puts the price per square foot 56.43% lower than the current median sale per square foot for the city of Los Angeles.

About 3823 Walton Ave

Detailed summary of property

3823 Walton Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,944 living square feet, and sits on an approximately 6,076 square foot lot. 3823 Walton Ave was first listed on ArdentRealEstateGroup.com on December 1, 2021. The homeowner sold the property for $1,010,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.41% lower than the current median priced home. Local homes that are currently for sale include 1466 W 22nd St, 1421 W 22nd St and 1415 W 22nd St. While the average home in Los Angeles, CA is selling in 102 days, 3823 Walton Ave has a days on market of 22 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 3823 Walton Ave Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3823 Walton Ave

Public county record property details
Beds
2
Baths
2
Year built
1925
Sq. Ft.
1,944
Lot Size
6,075
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5037-016-011

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$699,999
Median List Price/Sq.Ft.
$483
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$472
Total Inventory
30
Median Sale to List Price %
103.45%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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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.