3933 Nicolet Ave, Los Angeles, CA 90008
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3933 Nicolet Ave Los Angeles, CA 90008

$2,200,444 Sold Price as of 03/23/2021
  • 35 Beds
  • 372 Baths
  • 22,682 Sq.Ft.
Sold
$2,200,444 Sold Price as of 03/23/2021 Refinance Your Mortgage

Map preview of 3933 Nicolet Ave, Los Angeles, CA 90008

Property Overview: 3933 Nicolet Ave Los Angeles, CA has 35 bedrooms, 372 bathrooms, 22,682 living square feet and 21,158 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Court is set. The list price is the minimum acceptable bid price. Agents please see private remarks for additional information. 23-unit apartment building with soft story retrofit completed. Unit mix is 13 - 2 bedrooms/2 bathrooms, 9 - 1 bedrooms/1 bathrooms and 1 single with 1 bathroom. Building square footage is 22,682 situated on a 21,158 square foot lot. Located in the Baldwin Village neighborhood of South Los Angeles. Probate sale, court confirmation is required.

Listed by Nancy Sanborn | BRE #00771096 | Berkshire Hathaway HomeServices California
Co-listed by Brian Joy | BRE #01324371 | Berkshire Hathaway HomeServices California
Last checked: 1 minute ago | Last updated: July 26th, 2023 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
21,158
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20665748
City
Los Angeles
County
Los Angeles
Time on Site
1205 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 23
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 2
  • # of Baths: 24
  • Furnishing: Unfurnished
  • Actual Rent: $17,701
  • Total Rent: $17,701
  • Pro Forma/Market Rent: $17,701
Unit Breakdown 2
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 9
  • Furnishing: Unfurnished
  • Actual Rent: $9,969
  • Total Rent: $9,969
  • Pro Forma/Market Rent: $9,969
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 9.33
  • Gross Scheduled Income: --
  • Net Operating Income: $222,360
  • Gross Operating Income: $359,040
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3933 Nicolet Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 23
  • Parcel Number: 5030007016
Location / Neighborhood
Location Information
  • Directions: East of S. La Brea Ave, South of Coliseum Street
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Sale History for 3933 Nicolet Ave

Last leased for $2,415 on July 25th, 2023
  • July, 2023

  • Jul 25, 2023

    Date

    Leased

    CRMLS: 23280201

    $2,415

    Price

  • Jun 13, 2023

    Date

    Active

    CRMLS: 23280201

    $2,415

    Price

  • Listing provided courtesy of CRMLS

    Completely Remodeled Spacious Two Bedroom near Baldwin Hills. Newly renovated with a fresh, modern touch, this lovely space features a bright kitchen with new countertops, custom cabinetry, modern fixtures, new stainless steel appliances, and a gas range with a small space for dining and custom light fixtures. Enjoy gorgeous hardwood floors throughout, a generous bedroom with lots of natural light, and a large closet. Laundry on-site and parking included. A must-see! Lease Terms:12-month lease Square footage is approximate 3933 Nicolet Ave is a condo located in Los Angeles County and the 90008 ZIP Code. This area is served by the Los Angeles Unified attendance zone.Built in 1957, Langdon Park at Baldwin Village consists of two adjacent buildings nestled in the heart of South Los Angeles' burgeoning Baldwin Village community. Located on a quiet street, the neighborhood is convenient for shopping and groceries, the Doris Japanese Garden, MLK Memorial Grove, Kenneth Hahn golf course and much more. This family-friendly community offers residents a suburban lifestyle with the convenience of nearby city amenities.Langdon Park at Baldwin Village sits on a quiet street surrounded by low-density multifamily communities where residents enjoy easy access to three nearby recreation facilities - Jim Gilliam Recreation Center, Obama Sports Complex and the Crenshaw Family YMCA - and Kaiser Permanente's Baldwin Hills-Crenshaw Medical Offices, a 100,000-square foot, state-of-the-art wellness facility that features 2.5 acres of green space, including a walking path and outdoor exercise equipment. The Expo Line and newly built ExpoCrenshaw station are located less than 1-mile away, providing access to stops from Downtown Los Angeles to Santa Monica. Initial lease term is 12 months. Resident responsible for electricity, gas and internet as desired. Langdon Park at Baldwin Village is a non-smoking community. 12 month lease

  • January, 2023

  • Jan 23, 2023

    Date

    Expired

    CRMLS: 22221913

    $2,515

    Price

  • Dec 11, 2022

    Date

    Active

    CRMLS: 22221913

    $2,515

    Price

  • Listing provided courtesy of CRMLS

    Completely Remodeled Spacious Two Bedroom near Baldwin Hills Newly renovated with a fresh, modern touch, this lovely space features a bright kitchen with new countertops, custom cabinetry, modern fixtures, new stainless steel appliances, and a gas range with a large space for dining and custom light fixtures. Enjoy gorgeous new floors throughout, 2 generous bedrooms with lots of natural light, and large closets. Laundry on-site and controlled access. This lovely apartment home is a must-see! KEY FEATURES: NEW Stainless steel appliances Renovated Natural Light Vinyl Plank Floors Lease Terms: 12-month lease Square footage is approximate. Pictures are of similar unit. 3933 Nicolet Ave is an apartment home located in Los Angeles County and the 90008 ZIP Code. This area is served by the Los Angeles Unified attendance zone. Built in 1957, Langdon Park at Baldwin Village consists of two adjacent buildings nestled in the heart of South Los Angeles' burgeoning Baldwin Village community. This family-friendly community offers residents a suburban lifestyle with the convenience of nearby city amenities. Langdon Park at Baldwin Village sits on a quiet street surrounded by low-density multifamily communities where residents enjoy easy access to three nearby recreation facilities Jim Gilliam Recreation Center, Obama Sports Complex and the Crenshaw Family YMCA and Kaiser Permanente's Baldwin Hills-Crenshaw Medical Offices, a 100,000-square foot, state-of-the-art wellness facility that features 2.5 acres of green space, including a walking path and outdoor exercise equipment. The Expo Line and newly built Expo/Crenshaw station are located less than 1-mile away, providing access to stops from Downtown Los Angeles to Santa Monica. Langdon Park at Baldwin Village unit plans include spacious two- and three-bedroom apartments, a secure, gated entranceway, on-premises laundry facilities and a well-lit interior courtyard. No pets.

  • March, 2021

  • Mar 23, 2021

    Date

    Price Change

    CRMLS: 20665748

    $2,310,716

    Price

  • Feb 17, 2021

    Date

    Pending

    CRMLS: 20665748

    $4,621,432

    Price

  • Feb 3, 2021

    Date

    Price Change

    CRMLS: 20665748

    $4,621,432

    Price

  • Dec 22, 2020

    Date

    Active Under Contract

    CRMLS: 20665748

    $3,350,000

    Price

  • Dec 2, 2020

    Date

    Active

    CRMLS: 20665748

    $3,350,000

    Price

  • May, 1976

  • May 6, 1976

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 1975

  • Dec 9, 1975

    Date

    Sold (Public Records)

    Public Records

    $60,000

    Price

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Tax History for 3933 Nicolet Ave

Assessed Value (2020): $351,617
Year Land Value Improved Value Assessed Value
2020 $75,825 $275,792 $351,617

Home Value Compared to the Market

This property vs the competition

3933 Nicolet Ave sold on March 23, 2021 for 94.18% 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 $101.87 per/sqft which puts the price per square foot 86.51% lower than the current median sale per square foot for the city of Los Angeles.

About 3933 Nicolet Ave

Detailed summary of property

3933 Nicolet Ave is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 35 bedrooms, 372 bathrooms, roughly 22,682 living square feet, and sits on an approximately 21,158 square foot lot. 3933 Nicolet Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $2,200,444. 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 94.18% higher than the current median priced home. Local homes that are currently for sale include 4400 W Washington Blvd, 4526 St Elmo Dr and 1424 Meadowbrook Ave. While the average home in Los Angeles, CA is selling in 93 days, 3933 Nicolet Ave has a days on market of 20 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 3933 Nicolet 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 3933 Nicolet Ave

Public county record property details
Beds
17
Baths
18
Year built
1957
Sq. Ft.
11,580
Lot Size
10,720
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
59
APN
5030-007-016

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
$1,477,777
Median List Price/Sq.Ft.
$711
Median Sold Price
$1,275,000
Median Sold Price/Sq.Ft.
$662
Total Inventory
45
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%)

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Related Resources to 3933 Nicolet 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.