3933 S Van Ness Ave, Los Angeles, CA 90062
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3933 S Van Ness Ave Los Angeles, CA 90062

$785,000 Sold Price as of 07/07/2022
  • 2 Beds
  • 3 Baths
  • 2,035 Sq.Ft.
Sold
$785,000 Sold Price as of 07/07/2022 Refinance Your Mortgage

Map preview of 3933 S Van Ness Ave, Los Angeles, CA 90062

Property Overview: 3933 S Van Ness Ave Los Angeles, CA has 2 bedrooms, 3 bathrooms, 2,035 living square feet and 5,522 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this beautiful Triplex in the City of Los Angeles, great investment opportunity for any first-time buyers or investors to make passive income by living in one and renting the others! Triplex features front unit with 1bedroom 1 bath , Second unit 1bedroom 1 bath, Third unit is a studio suit with bathroom and kitchen. There are additional 2 garage storage spaces that can be converted into an ADU if necessary. 2 units will be available and tenant in one of the 1/1 is looking to move out if necessary. It is located near USC, Jefferson Park, LA Memorial Coliseum, Exposition Park, public transportation, new metro lines, schools, libraries, hospitals, shopping centers, entertainment and easy access to 10 and 110 freeways.! This amazing opportunity will NOT last in this HOT market!!! Come check out this beauty as it offers many more features that you have to see for yourself!! Please DO NOT disturb tenants.

Listed by Ruben Galvan | BRE #01775184 | Coldwell Banker George Realty
Last checked: 1 minute ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
5,522
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
AR22100650
City
Los Angeles
County
Los Angeles
Time on Site
738 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,030
  • Total Rent: $1,030
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $48,360
  • Net Operating Income: $33,855
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,506
  • New Taxes: $11,237
  • Trash: $288
  • Gardener: $480
  • Insurance: $1,600
  • Water/Sewer: $900

Property Details for 3933 S Van Ness Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Gas Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Family Room, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas & Electric Range, Microwave
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Chain Link
  • 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, Concrete
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5035003024
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: 3933 Van Ness Ave Los Angeles, Ca 90062
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs
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Sale History for 3933 S Van Ness Ave

Last sold for $785,000 on July 7th, 2022
  • July, 2022

  • Jul 7, 2022

    Date

    Sold

    CRMLS: AR22100650

    $785,000

    Price

  • May 12, 2022

    Date

    Active

    CRMLS: AR22100650

    $899,000

    Price

  • November, 1995

  • Nov 30, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 1993

  • Nov 5, 1993

    Date

    Sold (Public Records)

    Public Records

    $168,000

    Price

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Tax History for 3933 S Van Ness Ave

Assessed Value (2020): $261,070
Year Land Value Improved Value Assessed Value
2020 $183,376 $77,694 $261,070

Home Value Compared to the Market

This property vs the competition

3933 S Van Ness Ave sold on July 7, 2022 for 32.86% 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 $392.63 per/sqft which puts the price per square foot 48% lower than the current median sale per square foot for the city of Los Angeles.

About 3933 S Van Ness Ave

Detailed summary of property

3933 S Van Ness Ave is a triplex that recently sold in Los Angeles, CA 90062. This triplex offered 2 bedrooms, 3 bathrooms, roughly 2,035 living square feet, and sits on an approximately 5,522 square foot lot. 3933 S Van Ness Ave was first listed on ArdentRealEstateGroup.com on May 13, 2022. The homeowner sold the property for $785,000. 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 32.86% lower than the current median priced home. Local homes that are currently for sale include 1306 W Martin Luther King Jr Blvd, 5166 S Manhattan Pl and 3428 S Bronson Ave. While the average home in Los Angeles, CA is selling in 92 days, 3933 S Van Ness Ave has a days on market of 25 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 3933 S Van Ness 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 3933 S Van Ness Ave

Public county record property details
Beds
2
Baths
3
Year built
1924
Sq. Ft.
2,035
Lot Size
5,522
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
264
APN
5035-003-024

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
$859,000
Median List Price/Sq.Ft.
$582
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.