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3844 Walton Ave, Los Angeles, CA 90037
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3844 Walton Ave Los Angeles, CA 90037

$525,000 Sold Price as of 09/24/2020
  • 2 Beds
  • 2 Baths
  • -- Sq.Ft.
Sold
$525,000 Sold Price as of 09/24/2020 Refinance Your Mortgage
Map preview of 3844 Walton Ave, Los Angeles, CA 90037

Property Overview: 3844 Walton Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, -- living square feet and 3,076 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Unique Money Maker 6.1 Cap rate. Vacant duplex ready to make money. Virtual staging pictures provided to show the potential of the property. This is a beautifully remolded duplex boasting 2- 1 bed 1 bath layouts. property was built in shotgun-style/straight line construction This property will be great for owner users and investors alike. Both units share a wall and is currently open to make this a great AIRBNB, college rental or Short-term rentals. You can lock the the joining Doors to separate the units for long term rentals. New exterior paint, Interior, new Kitchen features, new windows, Refinished original hardwood floors. Contractors are currently finishing up, so please forgive us for the dust.

Listed by Tomas Johnson | BRE #01963773 | WLM Realty
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 206

Home details

Lot Sq. Ft
3,076
HOA Dues
$0/mo
Year built
1908
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19528868
City
Los Angeles
County
Los Angeles
Time on Site
1269 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.07
  • Gross Scheduled Income: --
  • Net Operating Income: $3,400
  • Gross Operating Income: $3,700
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 3844 Walton Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 2
  • Parcel Number: 5037017030
Location / Neighborhood
Location Information
  • Directions: Just 2 blocks north of the Coliseum/USC/Exposition Park and the museums
View more facts & features

Local Los Angeles Agent

Sale History for 3844 Walton Ave

Last sold for $525,000 on September 24th, 2020

  • September, 2020

  • Sep 29, 2020

    Date

    Sold

    CRMLS: 19528868

    $525,000

    Price

  • Aug 11, 2020

    Date

    Active Under Contract

    CRMLS: 19528868

    $560,000

    Price

  • Jul 9, 2020

    Date

    Price Change

    CRMLS: 19528868

    $560,000

    Price

  • Apr 14, 2020

    Date

    Price Change

    CRMLS: 19528868

    $614,999

    Price

  • Apr 7, 2020

    Date

    Active

    CRMLS: 19528868

    $625,000

    Price

  • Mar 11, 2020

    Date

    Expired

    CRMLS: 19528868

    $625,000

    Price

  • Feb 24, 2020

    Date

    Active

    CRMLS: 19528868

    $625,000

    Price

  • Jan 24, 2020

    Date

    Withdrawn

    CRMLS: 19528868

    $625,000

    Price

  • Dec 15, 2019

    Date

    Active

    CRMLS: 19528868

    $625,000

    Price

  • Dec 7, 2019

    Date

    Hold

    CRMLS: 19528868

    $625,000

    Price

  • Nov 10, 2019

    Date

    Active

    CRMLS: 19528868

    $625,000

    Price

  • September, 2020

  • Sep 22, 2020

    Date

    Sold (Public Records)

    Public Records

    $525,000

    Price

  • September, 2019

  • Sep 25, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3844 Walton Ave

Assessed Value (2020): $398,473
Year Land Value Improved Value Assessed Value
2020 $270,504 $127,969 $398,473

Home Value Compared to the Market

This property vs the competition

3844 Walton Ave sold on September 24, 2020 for 56.04% lower than the current median sold price for the city of Los Angeles which is $1,274,000.

About 3844 Walton Ave

Detailed summary of property

3844 Walton Ave is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 2 bedrooms, 2 bathrooms, roughly -- living square feet, and sits on an approximately 3,076 square foot lot. 3844 Walton Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $525,000. 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 56.04% lower than the current median priced home. Local homes that are currently for sale include 755 E 106th St, 682 E 120th St and 120 S Sunol Dr. While the average home in Los Angeles, CA is selling in 100 days, 3844 Walton Ave has a days on market of 206 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 3844 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 3844 Walton Ave

Public county record property details
Beds
--
Baths
2
Year built
1908
Sq. Ft.
1,275
Lot Size
3,076
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
5037-017-030

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
$725,000
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%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 3844 Walton 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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