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3930 Dozier St, Los Angeles, CA 90063
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3930 Dozier St Los Angeles, CA 90063

$851,000 Sold Price as of 09/02/2023
  • 11 Beds
  • 5 Baths
  • 2,003 Sq.Ft.
Sold
$851,000 Sold Price as of 09/02/2023 Refinance Your Mortgage
Map preview of 3930 Dozier St, Los Angeles, CA 90063

Property Overview: 3930 Dozier St Los Angeles, CA has 11 bedrooms, 5 bathrooms, 2,003 living square feet and 6,632 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: CAP RATE 13. $$$$$$$. Introducing an extraordinary investment opportunity that promises exceptional financial returns! This rare multiunit property is currently generating a remarkable monthly income of $9,700, making it a highly lucrative prospect for savvy investors. Tenants are responsible for their own utility expenses. This unique advantage maximizes profitability and minimizes costs for the owner. The property has undergone a comprehensive remodeling and updating process, ensuring that it boasts modern amenities and stylish finishes throughout. With a total of 9 bedrooms and 4 baths, this expansive residence provides ample living space for tenants and offers excellent rental potential. Situated on a spacious lot, the property also offers abundant parking, ensuring convenience for residents and visitors alike. Don't miss this golden opportunity to secure a multiunit property with an impressive income potential. Take advantage of the substantial cash flow and secure your financial future with this exceptional investment. Contact us now to explore this lucrative venture further!

Listed by Robbie Schultz | BRE #01218743 | Pacific Realty of California
Last checked: 42 seconds ago | Last updated: September 4th, 2023 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
6,632
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23291001
City
Los Angeles
County
Los Angeles
Time on Site
307 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 13.4%
  • Gross Rent Multiplier: 6.69
  • Gross Scheduled Income: --
  • Net Operating Income: $104,400
  • Gross Operating Income: $116,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3930 Dozier St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace, Combination, Central
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • Has Fireplace
  • Bath, Blower Fan, Bonus Room, Den, Dining Room, Guest House, Kitchen, Library, Living Room, Master Bedroom, Patio
Room Information
  • Flooring: Laminate, Wood
  • Attic, Atrium, Bonus Room, Den, Family Room, Entry, Guest/Maid's Quarters, Office, Living Room, Master Bathroom, Walk-In Closet, Two Masters
Kitchen Information
  • Has Appliances
  • Disposal, Microwave, Oven
Interior Features
  • Ceiling Fan(s)
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Other Structures: Guest House
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Back Yard
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 3
  • Parcel Number: 5233006009
  • Architectural Style: Colonial
  • Foundation Details: Slab
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Record and Dozier
View more facts & features

Local Los Angeles Agent

Sale History for 3930 Dozier St

Last sold for $851,000 on September 2nd, 2023

  • September, 2023

  • Sep 2, 2023

    Date

    Sold

    CRMLS: 23291001

    $851,000

    Price

  • Jul 15, 2023

    Date

    Active

    CRMLS: 23291001

    $779,000

    Price

  • November, 2022

  • Nov 22, 2022

    Date

    Sold

    CRMLS: 22180995

    $520,000

    Price

  • Jul 20, 2022

    Date

    Active

    CRMLS: 22180995

    $560,000

    Price

  • Listing provided courtesy of CRMLS

    3930 Dozier St is a 2-unit property built in 1915 and located on the edge of Boyle Heights, in unincorporated East Los Angeles. Boyle Heights is a premier destination in East Los Angeles which has been growing significantly in recent years due to population growth and the influx of new businesses to the area. The property features a structure in the front as well as a large garage in the rear, which is in the process of being converted to an ADU. The unit mix is (1) 3+2, (1) 2+1, and (1) Non Conforming 1+1. The non-conforming unit and the rear ADU have already had permits submitted to the city for approval. The property's great location allows for an excellent opportunity for any investor to capture the incredible upside potential of the deal.

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Tax History for 3930 Dozier St

Assessed Value (2020): $31,093
Year Land Value Improved Value Assessed Value
2020 $14,988 $16,105 $31,093

Home Value Compared to the Market

This property vs the competition

3930 Dozier St sold on September 2, 2023 for 34.54% lower 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 $388.92 per/sqft which puts the price per square foot 48.49% lower than the current median sale per square foot for the city of Los Angeles.

About 3930 Dozier St

Detailed summary of property

3930 Dozier St is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 11 bedrooms, 5 bathrooms, roughly 2,003 living square feet, and sits on an approximately 6,632 square foot lot. 3930 Dozier St was first listed on ArdentRealEstateGroup.com on July 16, 2023. The homeowner sold the property for $851,000. 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 34.54% lower than the current median priced home. Local homes that are currently for sale include 2814 Wabash Ave, 2809 Folsom St and 638 S Duncan Ave. While the average home in Los Angeles, CA is selling in 92 days, 3930 Dozier St has a days on market of 5 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 3930 Dozier St Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3930 Dozier St

Public county record property details
Beds
6
Baths
2
Year built
1915
Sq. Ft.
1,773
Lot Size
6,658
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5233-006-009

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$615,000
Median List Price/Sq.Ft.
$660
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
30
Median Sale to List Price %
90.57%
Avg Days on Market
31
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (28.57%)

Thinking of Selling?

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(714) 706-1823

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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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