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3934 Fernwood Ave, Los Angeles, CA 90027
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3934 Fernwood Ave Los Angeles, CA 90027

$1,195,000 Sold Price as of 01/05/2022
  • 4 Beds
  • 2 Baths
  • 2,195 Sq.Ft.
Sold
$1,195,000 Sold Price as of 01/05/2022 Refinance Your Mortgage
Map preview of 3934 Fernwood Ave, Los Angeles, CA 90027

Property Overview: 3934 Fernwood Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,195 living square feet and 2,400 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming corner duplex in desirable Franklin Hills location. Lower unit is now available for owner-user. Adjacent to Silver Lake area. Built in 1930 with two spacious 2 bedroom + 1 bath units. Each unit has a dining area, breakfast room or office, laundry room, hardwood floors. The plumbing in the bathrooms were recently updated and the building has a newer roof. There are two single garages. Located on a quiet residential street. Building is under City of Los Angeles Rent Stabilization Ordinance, Rent Control.

Listed by Charles Lazar | BRE #00426953 | AOA Commercial Brokerage
Last checked: 4 minutes ago | Last updated: August 2nd, 2022 | Source CRMLS | DOM: 215

Home details

Lot Sq. Ft
2,400
HOA Dues
$0/mo
Year built
1930
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21700040
City
Los Angeles
County
Los Angeles
Time on Site
1296 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,711
  • Total Rent: $1,711
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21.59
  • Gross Scheduled Income: --
  • Net Operating Income: $27,134
  • Gross Operating Income: $53,672
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3934 Fernwood Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Utility Room
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Single Door
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5430027016
  • Architectural Style: Spanish
Location / Neighborhood
Location Information
  • Directions: West of Hyperion and north of Fountain. Corner of Fernwood and Sanborn
View more facts & features

Local Los Angeles Agent

Sale History for 3934 Fernwood Ave

Last sold for $1,195,000 on January 5th, 2022

  • October, 2021

  • Oct 5, 2021

    Date

    Active Under Contract

    CRMLS: 21700040

    $1,195,000

    Price

  • Aug 4, 2021

    Date

    Price Change

    CRMLS: 21700040

    $1,195,000

    Price

  • Jun 19, 2021

    Date

    Price Change

    CRMLS: 21700040

    $1,225,000

    Price

  • Mar 3, 2021

    Date

    Active

    CRMLS: 21700040

    $1,295,000

    Price

Tax History for 3934 Fernwood Ave

Assessed Value (2020): $61,817
Year Land Value Improved Value Assessed Value
2020 $17,011 $44,806 $61,817

Home Value Compared to the Market

This property vs the competition

3934 Fernwood Ave sold on January 5, 2022 for 6.7% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $544.42 per/sqft which puts the price per square foot 24.8% lower than the current median sale per square foot for the city of Los Angeles.

About 3934 Fernwood Ave

Detailed summary of property

3934 Fernwood Ave is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,195 living square feet, and sits on an approximately 2,400 square foot lot. 3934 Fernwood Ave was first listed on ArdentRealEstateGroup.com on March 3, 2021. The homeowner sold the property for $1,195,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 6.7% higher than the current median priced home. Local homes that are currently for sale include 1119 N Heliotrope Dr, 2969 London St and 4919 Lexington Ave. While the average home in Los Angeles, CA is selling in 106 days, 3934 Fernwood Ave has a days on market of 215 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3934 Fernwood Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3934 Fernwood Ave

Public county record property details
Beds
4
Baths
2
Year built
1930
Sq. Ft.
2,195
Lot Size
2,400
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5430-027-016

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,488,000
Median List Price/Sq.Ft.
$943
Median Sold Price
$2,340,000
Median Sold Price/Sq.Ft.
$1,093
Total Inventory
81
Median Sale to List Price %
126.55%
Avg Days on Market
35
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), 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.

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