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3926 Gibraltar Ave, Los Angeles, CA 90008
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3926 Gibraltar Ave Los Angeles, CA 90008

$3,360,500 Sold Price as of 05/25/2021
  • 33 Beds
  • 17 Baths
  • 12,150 Sq.Ft.
Sold
$3,360,500 Sold Price as of 05/25/2021 Refinance Your Mortgage
Map preview of 3926 Gibraltar Ave, Los Angeles, CA 90008

Property Overview: 3926 Gibraltar Ave Los Angeles, CA has 33 bedrooms, 17 bathrooms, 12,150 living square feet and 13,725 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Court date is set. The list price is the minimum acceptable bid price. Agents please see private remarks for additional information. 17-unit apartment building with four vacancies. Unit mix is 16 2 bedroom/1 bathroom and 1- 1 bedroom/1 bathroom. The building is 12,150sqft and sited on a 13,725sqft lot with an open courtyard. Located in the ever-growing Baldwin Village, providing access to a plethora of shops, eateries, and a host of other neighborhood amenities. Probate sale, court confirmation required.

Listed by Nancy Sanborn | BRE #00771096 | Berkshire Hathaway HomeServices California
Co-listed by Brian Joy | BRE #01324371 | Berkshire Hathaway HomeServices California
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
13,725
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21696224
City
Los Angeles
County
Los Angeles
Time on Site
1181 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 17
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $16,166
  • Total Rent: $16,166
  • Pro Forma/Market Rent: $16,166
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $1,375
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.85
  • Gross Scheduled Income: --
  • Net Operating Income: $126,870
  • Gross Operating Income: $210,495
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3926 Gibraltar Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Carport, Gated
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 17
  • Parcel Number: 5030003037
Location / Neighborhood
Location Information
  • Directions: East of LaBrea Ave, South of Coliseum Street
View more facts & features

Local Los Angeles Agent

Sale History for 3926 Gibraltar Ave

Last sold for $3,360,500 on May 25th, 2021

  • May, 2021

  • May 25, 2021

    Date

    Sold

    CRMLS: 21696224

    $3,360,500

    Price

  • Apr 22, 2021

    Date

    Pending

    CRMLS: 21696224

    $3,360,500

    Price

  • Apr 5, 2021

    Date

    Price Change

    CRMLS: 21696224

    $3,360,500

    Price

  • Mar 18, 2021

    Date

    Active Under Contract

    CRMLS: 21696224

    $2,495,000

    Price

  • Feb 23, 2021

    Date

    Active

    CRMLS: 21696224

    $2,495,000

    Price

  • September, 1975

  • Sep 2, 1975

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 1974

  • Dec 31, 1974

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3926 Gibraltar Ave

Assessed Value (2020): $352,214
Year Land Value Improved Value Assessed Value
2020 $65,909 $286,305 $352,214

Home Value Compared to the Market

This property vs the competition

3926 Gibraltar Ave sold on May 25, 2021 for 182.39% higher 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 $276.58 per/sqft which puts the price per square foot 63.37% lower than the current median sale per square foot for the city of Los Angeles.

About 3926 Gibraltar Ave

Detailed summary of property

3926 Gibraltar Ave is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 33 bedrooms, 17 bathrooms, roughly 12,150 living square feet, and sits on an approximately 13,725 square foot lot. 3926 Gibraltar Ave was first listed on ArdentRealEstateGroup.com on February 24, 2021. The homeowner sold the property for $3,360,500. 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 182.39% higher than the current median priced home. Local homes that are currently for sale include 1414 S Orange Dr, 4522 W 17th St and 8662 Cadillac Ave. While the average home in Los Angeles, CA is selling in 92 days, 3926 Gibraltar Ave has a days on market of 22 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 3926 Gibraltar 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 3926 Gibraltar Ave

Public county record property details
Beds
--
Baths
17
Year built
1958
Sq. Ft.
12,150
Lot Size
13,725
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
15,16
APN
5030-003-037

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
$1,489,000
Median List Price/Sq.Ft.
$730
Median Sold Price
$1,275,000
Median Sold Price/Sq.Ft.
$662
Total Inventory
51
Median Sale to List Price %
91.79%
Avg Days on Market
62
Loan Type
Conventional (30.77%), FHA (0%), VA (0%), Cash (30.77%), Other (15.38%)

Thinking of Selling?

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3923 Gibraltar Ave, Los Angeles, CA 90008
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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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