3845 W 28Th St, Los Angeles, CA 90018
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3845 W 28Th St Los Angeles, CA 90018

$1,190,000 Sold Price as of 05/09/2024
  • 4 Beds
  • 4 Baths
  • 3,732 Sq.Ft.
Sold
$1,190,000 Sold Price as of 05/09/2024 Refinance Your Mortgage

Map preview of 3845 W 28Th St, Los Angeles, CA 90018

Property Overview: 3845 W 28Th St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,732 living square feet and 6,448 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful and rare, Mediterranean multi-family building located in Historic West Adams. The building consists of 4 spacious, 1 bedroom, 1 bathroom units. Enter the units through the grand, central hallway with wrought iron railings and hardwood flooring. As you enter each unit you will note the spaciousness of approximately 933 square feet of living space. Each unit features hardwood flooring in main living area and tile flooring in kitchens and bathrooms. Kitchens have been updated with new counters, refurbished cabinets, and newer appliances. All units are flooded with light from the main, picture windows. There are two, 2-car garages with doors. Each unit is assigned a garage space. There are shared, jack and jill laundry facilities on each floor. Updates include: main water supply from city to underneath the building has been replaced, electrical updates, new heaters in each unit, roof repairs, and newer commercial washers/dryers. This trophy building will not last. Close to Expo/Crenshaw Station.

Listed by G. Michael Lawrence | BRE #01813654 | GML Homes, Inc.
Last checked: 1 minute ago | Last updated: May 9th, 2024 | Source CRMLS | DOM: 66

Home details

Lot Sq. Ft
6,448
HOA Dues
$0/mo
Year built
1927
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
SB24000937
City
Los Angeles
County
Los Angeles
Time on Site
179 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,668
  • Total Rent: $1,668
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,565
  • Total Rent: $1,565
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,565
  • Total Rent: $1,565
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.93%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,776
  • Net Operating Income: $47,138
  • Gross Operating Income: $77,112
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $29,638
  • Electric: $1,800
  • Licenses: $800
  • New Taxes: $16,238
  • Trash: $1,100
  • Gardener: $1,200
  • Insurance: $3,000
  • Maintenance: $2,400
  • Water/Sewer: $3,100

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Property Details for 3845 W 28Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Decorative
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Up Slope from Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5051015023
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W Adams to Edgehill to 28th
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
View more facts & features

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Sale History for 3845 W 28Th St

Last sold for $1,190,000 on May 9th, 2024
  • May, 2024

  • May 9, 2024

    Date

    Sold

    CRMLS: SB24000937

    $1,190,000

    Price

  • Jan 8, 2024

    Date

    Active

    CRMLS: SB24000937

    $1,299,000

    Price

  • August, 2023

  • Aug 29, 2023

    Date

    Canceled

    CRMLS: SB23082159

    $1,249,000

    Price

  • May 22, 2023

    Date

    Active

    CRMLS: SB23082159

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2016

  • Oct 20, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,069,000

    Price

  • June, 2016

  • Jun 20, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3845 W 28Th St

Assessed Value (2020): $1,134,430
Year Land Value Improved Value Assessed Value
2020 $679,173 $455,257 $1,134,430

Home Value Compared to the Market

This property vs the competition

3845 W 28Th St sold on May 9, 2024 for 6.67% 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 $318.6 per/sqft which puts the price per square foot 59.72% lower than the current median sale per square foot for the city of Los Angeles.

About 3845 W 28Th St

Detailed summary of property

3845 W 28Th St is a fourplex that recently sold in Los Angeles, CA 90018. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 3,732 living square feet, and sits on an approximately 6,448 square foot lot. 3845 W 28Th St was first listed on ArdentRealEstateGroup.com on January 8, 2024. The homeowner sold the property for $1,190,000. 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 6.67% lower than the current median priced home. Local homes that are currently for sale include 1407 5th Ave, 4516 St Charles Pl and 1946 S Harcourt Ave. While the average home in Los Angeles, CA is selling in 100 days, 3845 W 28Th St has a days on market of 66 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 3845 W 28Th St Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3845 W 28Th St

Public county record property details
Beds
4
Baths
4
Year built
--
Sq. Ft.
3,732
Lot Size
6,446
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
46
APN
5051-015-023

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$995,000
Median List Price/Sq.Ft.
$710
Median Sold Price
$960,000
Median Sold Price/Sq.Ft.
$576
Total Inventory
51
Median Sale to List Price %
98.46%
Avg Days on Market
40
Loan Type
Conventional (0%), FHA (0%), VA (8.33%), Cash (33.33%), Other (0%)

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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.