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3939 Nicolet Ave, Los Angeles, CA 90008
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3939 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 3939 Nicolet Ave, Los Angeles, CA 90008

Property Overview: 3939 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: 6 minutes ago | Last updated: March 22nd, 2022 | 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#
20665816
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 3939 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: 5030007017
Location / Neighborhood
Location Information
  • Directions: East of La Brea Avenue, South of Coliseum Street
View more facts & features

Local Los Angeles Agent

Sale History for 3939 Nicolet Ave

Last sold for $2,200,444 on March 23rd, 2021

  • March, 2021

  • Mar 23, 2021

    Date

    Price Change

    CRMLS: 20665816

    $2,310,716

    Price

  • Feb 17, 2021

    Date

    Pending

    CRMLS: 20665816

    $4,621,432

    Price

  • Feb 3, 2021

    Date

    Price Change

    CRMLS: 20665816

    $4,621,432

    Price

  • Dec 22, 2020

    Date

    Active Under Contract

    CRMLS: 20665816

    $3,350,000

    Price

  • Dec 2, 2020

    Date

    Active

    CRMLS: 20665816

    $3,350,000

    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 3939 Nicolet Ave

Assessed Value (2020): $188,220
Year Land Value Improved Value Assessed Value
2020 $5,378 $182,842 $188,220

Home Value Compared to the Market

This property vs the competition

3939 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 3939 Nicolet Ave

Detailed summary of property

3939 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. 3939 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, 3939 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 3939 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 3939 Nicolet Ave

Public county record property details
Beds
18
Baths
18
Year built
1957
Sq. Ft.
11,102
Lot Size
10,438
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
60
APN
5030-007-017

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%)

Thinking of Selling?

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Recently Sold Homes Near 3939 Nicolet Ave

3940 Nicolet Ave, Los Angeles, CA 90008
$2,980,000 Last Sold Price
30 Beds
17 Baths
16876 Sq.Ft.
3940 Nicolet Ave
Los Angeles, CA 90008
3933 Nicolet Ave, Los Angeles, CA 90008
$2,200,444 Last Sold Price
35 Beds
372 Baths
22682 Sq.Ft.
3933 Nicolet Ave
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3900 Nicolet Ave, Los Angeles, CA 90008
$16,700,000 Last Sold Price
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72036 Sq.Ft.
3900 Nicolet Ave
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4800 August St, Los Angeles, CA 90008
$3,600,000 Last Sold Price
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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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