3836 Lockland Dr, Los Angeles, CA 90008
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3836 Lockland Dr Los Angeles, CA 90008

$1,550,000 Sold Price as of 08/18/2021
  • 9 Beds
  • 8 Baths
  • 6,708 Sq.Ft.
Sold
$1,550,000 Sold Price as of 08/18/2021 Refinance Your Mortgage

Map preview of 3836 Lockland Dr, Los Angeles, CA 90008

Property Overview: 3836 Lockland Dr Los Angeles, CA has 9 bedrooms, 8 bathrooms, 6,708 living square feet and 8,621 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by William James | BRE #01734419 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Thomas Jonsson | BRE #01755842 | James Capital Advisors, Inc.
Last checked: 34 seconds ago | Last updated: May 10th, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
8,621
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21751670
City
Los Angeles
County
Los Angeles
Time on Site
1063 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,460
  • Total Rent: $1,460
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,078
  • Total Rent: $7,548
  • Pro Forma/Market Rent: $11,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.34
  • Gross Scheduled Income: --
  • Net Operating Income: $49,453
  • Gross Operating Income: $108,096
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3836 Lockland Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Private
Lot Information
  • Lot Size Source: Estimated
Property Information
  • Total # of Units: 8
  • Parcel Number: 5032020009
Location / Neighborhood
Location Information
  • Directions: The subject property is in close proximity to the Baldwin Hills Crenshaw Plaza Mall.
View more facts & features

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Sale History for 3836 Lockland Dr

Last sold for $1,550,000 on August 18th, 2021
  • August, 2021

  • Aug 19, 2021

    Date

    Sold

    CRMLS: 21751670

    $1,550,000

    Price

  • Jul 14, 2021

    Date

    Pending

    CRMLS: 21751670

    $1,550,000

    Price

  • Jun 22, 2021

    Date

    Active

    CRMLS: 21751670

    $1,550,000

    Price

Tax History for 3836 Lockland Dr

Assessed Value (2020): $735,136
Year Land Value Improved Value Assessed Value
2020 $459,399 $275,737 $735,136

Home Value Compared to the Market

This property vs the competition

3836 Lockland Dr sold on August 18, 2021 for 30.25% 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 $231.07 per/sqft which puts the price per square foot 69.4% lower than the current median sale per square foot for the city of Los Angeles.

About 3836 Lockland Dr

Detailed summary of property

3836 Lockland Dr is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 9 bedrooms, 8 bathrooms, roughly 6,708 living square feet, and sits on an approximately 8,621 square foot lot. 3836 Lockland Dr was first listed on ArdentRealEstateGroup.com on June 22, 2021. The homeowner sold the property for $1,550,000. 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 30.25% higher than the current median priced home. Local homes that are currently for sale include 2546 S Bronson Ave, 2546 S Bronson Ave and 2720 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 92 days, 3836 Lockland Dr has a days on market of 21 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 3836 Lockland Dr Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3836 Lockland Dr

Public county record property details
Beds
8
Baths
8
Year built
1951
Sq. Ft.
6,708
Lot Size
8,621
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5032-020-009

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,489,000
Median List Price/Sq.Ft.
$730
Median Sold Price
$1,275,000
Median Sold Price/Sq.Ft.
$662
Total Inventory
51
Median Sale to List Price %
91.79%
Avg Days on Market
62
Loan Type
Conventional (30.77%), FHA (0%), VA (0%), Cash (30.77%), Other (15.38%)

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Related Resources to 3836 Lockland Dr

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.