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3961 Moore St, Los Angeles, CA 90066
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3961 Moore St Los Angeles, CA 90066

$1,950,000 Sold Price as of 09/18/2023
  • 5 Beds
  • 7 Baths
  • 4,402 Sq.Ft.
Sold
$1,950,000 Sold Price as of 09/18/2023 Refinance Your Mortgage
Map preview of 3961 Moore St, Los Angeles, CA 90066

Property Overview: 3961 Moore St Los Angeles, CA has 5 bedrooms, 7 bathrooms, 4,402 living square feet and 5,949 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3961 Moore St is a 7 unit apartment building located in the A+ rental market of Mar Vista. The property is currently operating at a 4.55% CAP and 14.11 GRM. This is the perfect opportunity for any investor looking for strong upside in one of the nicest neighborhoods on the Westside of Los Angeles. The property is comprised of (1) 2Bed+1Bath, (3) 1Bed+1Bath and (3) Studio+1Bath units - (1) 2Bed+1Bath and (1) Studio+1Bath are currently tenant-ready. There are 7 parking spots on site, with plenty of street parking. Beneficial to the new buyers, soft story retrofit work has been completed. The subject property is located just minutes from Downtown Culver City and Venice Beach, making it any renters ideal location to live. Many large tech companies have made home in local neighborhoods including Apple, HBO, Google, Sony, and Facebook.

Listed by Cameron Samimi | BRE #02035763 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 10 minutes ago | Last updated: February 1st, 2024 | Source CRMLS | DOM: 144

Home details

Lot Sq. Ft
5,949
HOA Dues
$0/mo
Year built
1968
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
SB23069064
City
Los Angeles
County
Los Angeles
Time on Site
340 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Electric Meters: 7
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,393
  • Total Rent: $1,393
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,545
  • Total Rent: $1,545
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,367
  • Total Rent: $1,367
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,895
  • Total Rent: $1,895
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,102
  • Total Rent: $1,102
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.74%
  • Gross Rent Multiplier: 14.66
  • Gross Scheduled Income: $153,624
  • Net Operating Income: $99,497
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $49,518
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 3961 Moore St

Interior Features
Heating Information
  • Has Heating
  • Radiant
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 7
  • Parcel Number: 4236021022
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off of Washington Blvd and Washington Pl
Neighborhood Information
  • Community Features: Biking, Curbs, Hiking, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 3961 Moore St

Last sold for $1,950,000 on September 18th, 2023

  • January, 2024

  • Jan 31, 2024

    Date

    Expired

    CRMLS: 23317143

    $2,795

    Price

  • Oct 2, 2023

    Date

    Active

    CRMLS: 23317143

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Experience modern living in this spacious two-bedroom apartment, now available for lease. Recently renovated with fresh paint and new flooring, this top-floor unit exudes brightness and style. The apartment showcases a fully equipped kitchen with brand-new stainless sink & floor, an inviting open living area, and ample storage space. Plenty of windows flood the unit with natural light, end unit & no common walls on 3 sides of the unit. This rental also comes with the convenience of one dedicated parking space, supplemented by ample street parking. Onsite laundry facilities add to the practicality of this residence. Enjoy a prime location close to popular destinations such as Abbott Kinney, Venice Beach, and Downtown Culver City, as well as the thriving tech hub of Playa Vista. Nearby amenities include Costco, Coffee Connection, and Pitfire Pizza. Plus, commuting is a breeze with easy access to the 405, 10, and 91 Freeways. Owner pays water, gas and trash.

  • January, 2024

  • Jan 31, 2024

    Date

    Expired

    CRMLS: 23319183

    $1,795

    Price

  • Oct 7, 2023

    Date

    Active

    CRMLS: 23319183

    $1,795

    Price

  • Listing provided courtesy of CRMLS

    Experience modern living in this spacious studio apartment, now available for lease. Recently renovated with fresh paint and newer flooring, this top-floor unit exudes brightness and style. The apartment showcases an equipped kitchenette , an inviting open living area, and storage space. Windows flood the unit with natural light. This rental also comes with the convenience of one dedicated parking space, supplemented by ample street parking. Onsite laundry facilities add to the practicality of this residence. Enjoy a prime location close to popular destinations such as Abbott Kinney, Venice Beach, and Downtown Culver City, as well as the thriving tech hub of Playa Vista. Nearby amenities include Costco, Coffee Connection, and Pitfire Pizza. Plus, commuting is a breeze with easy access to the 405, 10, and 91 Freeways."

  • September, 2023

  • Sep 18, 2023

    Date

    Sold

    CRMLS: SB23069064

    $1,950,000

    Price

  • Apr 25, 2023

    Date

    Active

    CRMLS: SB23069064

    $2,150,000

    Price

  • November, 1995

  • Nov 6, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3961 Moore St

Assessed Value (2020): $451,278
Year Land Value Improved Value Assessed Value
2020 $143,962 $307,316 $451,278

Home Value Compared to the Market

This property vs the competition

3961 Moore St sold on September 18, 2023 for 76.39% 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 $476.83 per/sqft which puts the price per square foot 36.84% lower than the current median sale per square foot for the city of Los Angeles.

About 3961 Moore St

Detailed summary of property

3961 Moore St is a apartment that recently sold in Los Angeles, CA 90066. This apartment offered 5 bedrooms, 7 bathrooms, roughly 4,402 living square feet, and sits on an approximately 5,949 square foot lot. 3961 Moore St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,950,000. 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 76.39% higher than the current median priced home. Local homes that are currently for sale include 8664 Cadillac Ave, 12188 W Sunset Blvd and 12188 W Sunset Blvd. While the average home in Los Angeles, CA is selling in 93 days, 3961 Moore St has a days on market of 144 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 3961 Moore St Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3961 Moore St

Public county record property details
Beds
7
Baths
7
Year built
1968
Sq. Ft.
4,402
Lot Size
5,949
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
83
APN
4236-021-022

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,200,000
Median List Price/Sq.Ft.
$1,009
Median Sold Price
$1,626,261
Median Sold Price/Sq.Ft.
$1,022
Total Inventory
113
Median Sale to List Price %
100.08%
Avg Days on Market
29
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (15.15%), Other (6.06%)

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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