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3835 Whittier Blvd, Los Angeles, CA 90023
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3835 Whittier Blvd Los Angeles, CA 90023

$1,750,000 Sold Price as of 05/19/2023
  • 9 Beds
  • 4 Baths
  • 6,144 Sq.Ft.
Sold
$1,750,000 Sold Price as of 05/19/2023 Refinance Your Mortgage
Map preview of 3835 Whittier Blvd, Los Angeles, CA 90023

Property Overview: 3835 Whittier Blvd Los Angeles, CA has 9 bedrooms, 4 bathrooms, 6,144 living square feet and 4,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This East LA mixed use property offered at an in place, 6.7% Actual Cap Rate. This is a 100% occupied investment, offering strong and reliable cash flow. The building consists of 3 retail units on the ground floor, plus 4 residential units on the 2nd floor. The retail units are (a) Mexican restaurant, (b) Party Supply, (c) Herbalife. The retail units are easily rented, small stores of 950 sf - 1,100 sf each. The four residential units offer an appealing unit mix of one x 3 bedroom; two x 2 bedrooms; and one x 2 bedrooms + den. The residential units were all completely remodeled in 2019 including new floors, bathrooms, countertops, and upgraded electrical and plumbing. The property is frame and stucco construction type (NOT unreinforced masonry). There are 2 or 3 tandem parking spaces in the rear of the building that are exclusively used by the restaurant tenant. Please see the supplement for the rent roll, financials, and other pertinent information.

Listed by Christopher Comfort | BRE #01407997 | Apex Properties
Last checked: 4 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 48

Home details

Lot Sq. Ft
4,250
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
DW23042675
City
Los Angeles
County
Los Angeles
Time on Site
421 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Leased Units: 7
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $2,291
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,988
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $2,785
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,800
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,695
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,895
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Actual Rent: $1,825
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.72%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $171,348
  • Net Operating Income: $127,371
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $43,977
  • Trash: $1,500
  • Insurance: $3,377
  • Maintenance: $3,000
  • Professional Management: $5,400
  • Water/Sewer: $6,700

Property Details for 3835 Whittier Blvd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 7
  • Parcel Number: 5239002030
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Indiana on Whittier Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 3835 Whittier Blvd

Last sold for $1,750,000 on May 19th, 2023

  • May, 2023

  • May 19, 2023

    Date

    Sold

    CRMLS: DW23042675

    $1,750,000

    Price

  • Mar 14, 2023

    Date

    Active

    CRMLS: DW23042675

    $1,895,000

    Price

  • June, 2018

  • Jun 7, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,005,000

    Price

  • January, 2016

  • Jan 6, 2016

    Date

    Sold (Public Records)

    Public Records

    $870,000

    Price

Show More

Tax History for 3835 Whittier Blvd

Assessed Value (2020): $1,045,602
Year Land Value Improved Value Assessed Value
2020 $624,240 $421,362 $1,045,602

Home Value Compared to the Market

This property vs the competition

3835 Whittier Blvd sold on May 19, 2023 for 59.24% 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 $308.43 per/sqft which puts the price per square foot 59.15% lower than the current median sale per square foot for the city of Los Angeles.

About 3835 Whittier Blvd

Detailed summary of property

3835 Whittier Blvd is a mixed use that recently sold in Los Angeles, CA 90023. This mixed use property offered 9 bedrooms, 4 bathrooms, roughly 6,144 living square feet, and sits on an approximately 4,250 square foot lot. 3835 Whittier Blvd was first listed on ArdentRealEstateGroup.com on March 14, 2023. The homeowner sold the property for $1,750,000. 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 59.24% higher than the current median priced home. Local homes that are currently for sale include 1600 N Alvarado St, 1478 E 92nd St and 1762 Glendale Blvd. While the average home in Los Angeles, CA is selling in 94 days, 3835 Whittier Blvd has a days on market of 48 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3835 Whittier Blvd Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3835 Whittier Blvd

Public county record property details
Beds
--
Baths
--
Year built
1922
Sq. Ft.
6,144
Lot Size
4,250
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
28
APN
5239-002-030

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$679
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$448
Total Inventory
20
Median Sale to List Price %
99.25%
Avg Days on Market
6
Loan Type
Conventional (0%), FHA (60%), VA (0%), Cash (20%), Other (0%)

Thinking of Selling?

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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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