3896 3Rd Ave, Los Angeles, CA 90008
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3896 3Rd Ave Los Angeles, CA 90008

$1,040,000 Sold Price as of 10/29/2020
  • 9 Beds
  • 6 Baths
  • -- Sq.Ft.
Sold
$1,040,000 Sold Price as of 10/29/2020 Refinance Your Mortgage

Map preview of 3896 3Rd Ave, Los Angeles, CA 90008

Property Overview: 3896 3Rd Ave Los Angeles, CA has 9 bedrooms, 6 bathrooms, -- living square feet and 5,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A Hidden Jewel in Leimert park just came to light! A total remodeling construction of this Triplex finally completed from electrical to plumbing and total upgrade of the kitchen and interior and exterior. Clean Concrete work in ample parking lot and new drought-proof landscaping. Automatic Secured gate with dawn to dusk sensor light, new painted stucco, and new installed Mini-Split HVAC in each unit. Open kitchen with White Quartz Countertop, New windows, and remodeled bathrooms, and laundry hookup in each unit. Great investment property ready to bring your own tenants. Fantastic triplex income unit!

Listed by Robert Lee | BRE #01231951 | I & J Properties, Inc.
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft
5,300
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20607160
City
Los Angeles
County
Los Angeles
Time on Site
1272 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 3
  • # of Gas Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.5
  • Gross Scheduled Income: --
  • Net Operating Income: $54,900
  • Gross Operating Income: $69,600
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $13,800
  • Insurance: $2,400
  • Maintenance: $1,200
  • Water/Sewer: $900

Property Details for 3896 3Rd Ave

Interior Features
Cooling Information
  • Has Cooling
  • Electric
Heating Information
  • Has Heating
  • Electric, Forced Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Electric Cooktop
Interior Features
  • Window Features: Double Pane Windows
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Gated
Lot Information
  • Lot Features: Corners Marked
Property Information
  • Total # of Units: 3
  • Parcel Number: 5034017059
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: Corner of 3rd Ave and 39th Street. West of Arlington and South of Obama Blvd
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Sale History for 3896 3Rd Ave

Last sold for $1,040,000 on October 29th, 2020
  • October, 2020

  • Oct 30, 2020

    Date

    Sold

    CRMLS: 20607160

    $1,040,000

    Price

  • Aug 26, 2020

    Date

    Active Under Contract

    CRMLS: 20607160

    $1,119,000

    Price

  • Aug 17, 2020

    Date

    Price Change

    CRMLS: 20607160

    $1,119,000

    Price

  • Jul 21, 2020

    Date

    Active

    CRMLS: 20607160

    $1,150,000

    Price

  • October, 2020

  • Oct 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,040,000

    Price

  • December, 2017

  • Dec 5, 2017

    Date

    Sold (Public Records)

    Public Records

    $570,000

    Price

  • November, 2017

  • Nov 22, 2017

    Date

    Canceled

    CRMLS: MB17205457

    $251,000

    Price

  • Nov 15, 2017

    Date

    Hold

    CRMLS: MB17205457

    $251,000

    Price

  • Sep 6, 2017

    Date

    Active Under Contract

    CRMLS: MB17205457

    $251,000

    Price

  • Sep 6, 2017

    Date

    Active

    CRMLS: MB17205457

    $251,000

    Price

  • Listing provided courtesy of CRMLS

    Three units, total of 1,663 living space sq ft.

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Tax History for 3896 3Rd Ave

Assessed Value (2020): $707,471
Year Land Value Improved Value Assessed Value
2020 $565,977 $141,494 $707,471

Home Value Compared to the Market

This property vs the competition

3896 3Rd Ave sold on October 29, 2020 for 12.17% lower than the current median sold price for the city of Los Angeles which is $1,274,000.

About 3896 3Rd Ave

Detailed summary of property

3896 3Rd Ave is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 9 bedrooms, 6 bathrooms, roughly -- living square feet, and sits on an approximately 5,300 square foot lot. 3896 3Rd Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,040,000. 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 12.17% lower than the current median priced home. Local homes that are currently for sale include 4707 Crenshaw Blvd, 3721 Exposition Blvd and 1492 W 35th Pl. While the average home in Los Angeles, CA is selling in 102 days, 3896 3Rd Ave has a days on market of 36 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 3896 3Rd Ave 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 3896 3Rd Ave

Public county record property details
Beds
4
Baths
3
Year built
1926
Sq. Ft.
1,663
Lot Size
5,300
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
240
APN
5034-017-059

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
$1,395,000
Median List Price/Sq.Ft.
$724
Median Sold Price
$1,145,000
Median Sold Price/Sq.Ft.
$591
Total Inventory
48
Median Sale to List Price %
99.57%
Avg Days on Market
29
Loan Type
Conventional (29.41%), FHA (0%), VA (5.88%), Cash (11.76%), Other (11.76%)

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Related Resources to 3896 3Rd Ave

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.