3840 Woolwine Dr, Los Angeles, CA 90063
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3840 Woolwine Dr Los Angeles, CA 90063

$675,000 Sold Price as of 09/20/2019
  • 8 Beds
  • 8 Baths
  • 1,971 Sq.Ft.
Sold
$675,000 Sold Price as of 09/20/2019 Refinance Your Mortgage

Map preview of 3840 Woolwine Dr, Los Angeles, CA 90063

Property Overview: 3840 Woolwine Dr Los Angeles, CA has 8 bedrooms, 8 bathrooms, 1,971 living square feet and 4,837 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This amazing income property is located in City Terrace. City Terrace is a lesser known area of East Los Angeles. City Terrace is located directly north of Boyle Heights, south of Cal State Los Angeles and just west of Alhambra and Monterey Park. The neighborhood is known for its many homes that are located in the hills. This income property will be delivered with one vacant unit. This property has great views and cash flow. This property is located close to transportation, shops and restaurants.

Listed by Danielle Krant | BRE #01313162 | Coldwell Banker Residential Br
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
4,837
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19493422
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.1
  • Gross Scheduled Income: --
  • Net Operating Income: $34,800
  • Gross Operating Income: $34,800
  • Improvements Total: $153,849
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3840 Woolwine Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Kitchen Information
  • Has Appliances
  • Dishwasher
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5228005003
Location / Neighborhood
Location Information
  • Directions: Bonnie Beach place to Woolwine Dr
View more facts & features

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Sale History for 3840 Woolwine Dr

Last sold for $675,000 on September 20th, 2019
  • September, 2019

  • Sep 25, 2019

    Date

    Sold

    CRMLS: 19493422

    $675,000

    Price

  • Aug 24, 2019

    Date

    Price Change

    CRMLS: 19493422

    $675,000

    Price

  • Aug 12, 2019

    Date

    Active Under Contract

    CRMLS: 19493422

    $639,900

    Price

  • Jul 26, 2019

    Date

    Active

    CRMLS: 19493422

    $639,900

    Price

  • September, 2019

  • Sep 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

  • May, 2018

  • May 16, 2018

    Date

    Sold

    CRMLS: MB18043409

    $525,000

    Price

  • Apr 7, 2018

    Date

    Pending

    CRMLS: MB18043409

    $525,000

    Price

  • Mar 10, 2018

    Date

    Active Under Contract

    CRMLS: MB18043409

    $525,000

    Price

  • Feb 24, 2018

    Date

    Active

    CRMLS: MB18043409

    $525,000

    Price

  • Listing provided courtesy of CRMLS

    Great duplex investment property. Close to Downtown Los Angeles and easy access to freeways.

  • May, 2018

  • May 16, 2018

    Date

    Sold (Public Records)

    Public Records

    $525,000

    Price

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Tax History for 3840 Woolwine Dr

Assessed Value (2020): $675,000
Year Land Value Improved Value Assessed Value
2020 $470,000 $205,000 $675,000

Home Value Compared to the Market

This property vs the competition

3840 Woolwine Dr sold on September 20, 2019 for 43.28% lower 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 $342.47 per/sqft which puts the price per square foot 54.64% lower than the current median sale per square foot for the city of Los Angeles.

About 3840 Woolwine Dr

Detailed summary of property

3840 Woolwine Dr is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 1,971 living square feet, and sits on an approximately 4,837 square foot lot. 3840 Woolwine Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $675,000. 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 43.28% lower than the current median priced home. Local homes that are currently for sale include 509 Camulos St, 2719 Alta St and 4280 Dennison St. While the average home in Los Angeles, CA is selling in 92 days, 3840 Woolwine Dr has a days on market of 17 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 3840 Woolwine Dr Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3840 Woolwine Dr

Public county record property details
Beds
5
Baths
2
Year built
1924
Sq. Ft.
1,971
Lot Size
4,836
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
102
APN
5228-005-003

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$615,000
Median List Price/Sq.Ft.
$625
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
32
Median Sale to List Price %
90.57%
Avg Days on Market
31
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (28.57%)

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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.