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3958 3Rd Ave, Los Angeles, CA 90008
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3958 3Rd Ave Los Angeles, CA 90008

$825,000 Sold Price as of 07/08/2022
  • 3 Beds
  • 2 Baths
  • 1,465 Sq.Ft.
Sold
$825,000 Sold Price as of 07/08/2022 Refinance Your Mortgage
Map preview of 3958 3Rd Ave, Los Angeles, CA 90008

Property Overview: 3958 3Rd Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,465 living square feet and 5,332 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Deal Alert!!! Amazing, recently renovated Duplex property priced to sell with a MOTIVATED SELLER. Here is your chance to own a beautiful Spanish duplex in highly sought after Leimert Park. The property is in great condition and both units are move-in ready, perfect for an owner occupier or the opportunity to collect prime rental income. Main Unit is immaculate and has two bedrooms and 1 bath with a tenant and second unit is vacant with a good size one bed and one bath. The tree lined street only adds to the beauty of the area and with the growth and development in the area, this is an forward thinking investors dream or a buyer who wants to add to their family legacy. This property will not last long as it has curb appeal, pride of ownership, and is central to everything. Its minutes to USC, Exposition Park and close to downtown LA adn more. Do not Hesitate on this one. Please do not walk property or disturb tenant.

Listed by Walter Hearvey | BRE #01388489 | PLF Real Estate Solutions
Last checked: 13 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
5,332
HOA Dues
$0/mo
Year built
1925
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW22096853
City
Los Angeles
County
Los Angeles
Time on Site
787 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
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: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $36,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $480
  • Insurance: $1,200

Property Details for 3958 3Rd Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Baseboard, Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Flooring: Wood
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Front Yard, Garden
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5034018045
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available
Location / Neighborhood
Location Information
  • Directions: Leimert Park Blvd to 3rd ave. make right or left in between crenshaw and leimert blvd
Neighborhood Information
  • Community Features: Park, Stable(s), Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 3958 3Rd Ave

Last sold for $825,000 on July 8th, 2022

  • July, 2022

  • Jul 8, 2022

    Date

    Sold

    CRMLS: DW22096853

    $825,000

    Price

  • May 9, 2022

    Date

    Active

    CRMLS: DW22096853

    $790,000

    Price

  • July, 2017

  • Jul 14, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2000

  • Jun 29, 2000

    Date

    Sold (Public Records)

    Public Records

    $151,000

    Price

Show More

Tax History for 3958 3Rd Ave

Assessed Value (2020): $212,189
Year Land Value Improved Value Assessed Value
2020 $164,419 $47,770 $212,189

Home Value Compared to the Market

This property vs the competition

3958 3Rd Ave sold on July 8, 2022 for 37.99% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $539.25 per/sqft which puts the price per square foot 31.83% lower than the current median sale per square foot for the city of Los Angeles.

About 3958 3Rd Ave

Detailed summary of property

3958 3Rd Ave is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,465 living square feet, and sits on an approximately 5,332 square foot lot. 3958 3Rd Ave was first listed on ArdentRealEstateGroup.com on May 10, 2022. The homeowner sold the property for $825,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.99% lower than the current median priced home. Local homes that are currently for sale include 1362 W 37th Dr, 5302 S Manhattan Pl and 1306 W Martin Luther King Jr Blvd. While the average home in Los Angeles, CA is selling in 100 days, 3958 3Rd Ave has a days on market of 5 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 3958 3Rd 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 3958 3Rd Ave

Public county record property details
Beds
3
Baths
2
Year built
1925
Sq. Ft.
1,465
Lot Size
5,332
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
259
APN
5034-018-045

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
$1,349,000
Median List Price/Sq.Ft.
$719
Median Sold Price
$1,145,000
Median Sold Price/Sq.Ft.
$591
Total Inventory
51
Median Sale to List Price %
99.57%
Avg Days on Market
29
Loan Type
Conventional (29.41%), FHA (0%), VA (5.88%), Cash (11.76%), Other (11.76%)

Thinking of Selling?

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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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