3900 La Salle Ave, Los Angeles, CA 90062
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3900 La Salle Ave Los Angeles, CA 90062

$835,000 Sold Price as of 10/22/2020
  • 16 Beds
  • 16 Baths
  • -- Sq.Ft.
Sold
$835,000 Sold Price as of 10/22/2020 Refinance Your Mortgage

Map preview of 3900 La Salle Ave, Los Angeles, CA 90062

Property Overview: 3900 La Salle Ave Los Angeles, CA has 16 bedrooms, 16 bathrooms, -- living square feet and 6,624 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BEAUTIFUL CRAFTSMAN FOURPLEX BLOCKS FROM USC. Major fixer with some fire damage on one side of property. 4 large 1000ft 1 bed 1 bath units that could potentially be converted to 2 bed units. Maybe even convert into a fraternity house or student rental housing. Tons of potential. Very charming craftsman features and balconies. Large corner lot with detached garage and parking for at least 8 cars. Cash or Hard Money only.

Listed by David Lantzman | BRE #01897162 | Equity Real Estate-Los Angeles
Co-listed by Nedelle Torrisi | BRE #02101465 | Equity Real Estate-Los Angeles
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
6,624
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20641368
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $9,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: --
  • Net Operating Income: $66,240
  • Gross Operating Income: $110,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3900 La Salle Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Interior Features
  • Levels: Multi/Split, Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5036023012
  • Architectural Style: Craftsman
  • Property Condition: Fixer
Location / Neighborhood
Location Information
  • Directions: Corner of La Salle and 39th
View more facts & features

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Sale History for 3900 La Salle Ave

Last sold for $835,000 on October 22nd, 2020
  • October, 2020

  • Oct 26, 2020

    Date

    Sold

    CRMLS: 20641368

    $835,000

    Price

  • Oct 8, 2020

    Date

    Active Under Contract

    CRMLS: 20641368

    $795,000

    Price

  • Oct 2, 2020

    Date

    Active

    CRMLS: 20641368

    $795,000

    Price

  • October, 2020

  • Oct 22, 2020

    Date

    Sold (Public Records)

    Public Records

    $835,000

    Price

  • September, 2020

  • Sep 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • June, 2020

  • Jun 30, 2020

    Date

    Canceled

    CRMLS: RS20123746

    $1,199,900

    Price

  • Jun 25, 2020

    Date

    Hold

    CRMLS: RS20123746

    $1,199,900

    Price

  • Jun 25, 2020

    Date

    Active

    CRMLS: RS20123746

    $1,199,900

    Price

  • Listing provided courtesy of CRMLS

    This fourplex property is located on a corner lot in the area of University Park, and walking distance to University of Southern, California (USC). Surrounding areas include Exposition Park, Staples Center, and Downtown Los Angeles. This is a great opportunity for investors and buyers wanting to reside in one unit while renting out remaining units.

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Tax History for 3900 La Salle Ave

Assessed Value (2020): $836,400
Year Land Value Improved Value Assessed Value
2020 $585,480 $250,920 $836,400

Home Value Compared to the Market

This property vs the competition

3900 La Salle Ave sold on October 22, 2020 for 33.19% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 3900 La Salle Ave

Detailed summary of property

3900 La Salle Ave is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 16 bedrooms, 16 bathrooms, roughly -- living square feet, and sits on an approximately 6,624 square foot lot. 3900 La Salle Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $835,000. 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 33.19% lower than the current median priced home. Local homes that are currently for sale include 1266 W 35th Pl, 919 W. 41st Drive and 4712 S Budlong Ave. While the average home in Los Angeles, CA is selling in 94 days, 3900 La Salle Ave has a days on market of 5 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3900 La Salle Ave Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3900 La Salle Ave

Public county record property details
Beds
4
Baths
4
Year built
1913
Sq. Ft.
3,912
Lot Size
6,623
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
96
APN
5036-023-012

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,900
Median List Price/Sq.Ft.
$576
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), 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.