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3983 S Van Ness Ave, Los Angeles, CA 90062
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3983 S Van Ness Ave Los Angeles, CA 90062

$610,000 Sold Price as of 06/28/2024
  • 3 Beds
  • 3 Baths
  • 1,630 Sq.Ft.
Sold
$610,000 Sold Price as of 06/28/2024 Refinance Your Mortgage
Map preview of 3983 S Van Ness Ave, Los Angeles, CA 90062

Property Overview: 3983 S Van Ness Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,630 living square feet and 5,846 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great project/income property! SOLD AS-IS. ONE UNIT VACANT. Leimert Park adjacent. Side-by-side one-level gated duplex ready for your renovation. According to Rentometer - Median Rent is $1970. Walk score of 74/100. Live in one and rent the other or buy with a friend! Or convert to your single-family dream home and add an ADU! Long driveway, 2-car detached garage and nice backyard. CASH offers only. Please drive by. Inside with offer. 2nd unit tenant occupied month to month at $1700/month. Needs TLC.

Listed by Eileen Lanza | BRE #01393915 | Keller Williams Larchmont
Last checked: 2 minutes ago | Last updated: June 28th, 2024 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
5,846
HOA Dues
$0/mo
Year built
1938
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24391643
City
Los Angeles
County
Los Angeles
Time on Site
47 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $20,400
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 22
  • Gross Scheduled Income: --
  • Net Operating Income: $14,000
  • Gross Operating Income: $20,400
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 3983 S Van Ness Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5035004022
  • Architectural Style: Traditional
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Obama Blvd and Jefferson Blvd., West of Western, N of Slauson
View more facts & features

Local Los Angeles Agent

Sale History for 3983 S Van Ness Ave

Last sold for $610,000 on June 28th, 2024

  • June, 2024

  • Jun 28, 2024

    Date

    Sold

    CRMLS: 24391643

    $610,000

    Price

  • May 14, 2024

    Date

    Active

    CRMLS: 24391643

    $599,000

    Price

  • May, 2024

  • May 14, 2024

    Date

    Canceled

    CRMLS: 23316067

    $639,999

    Price

  • Sep 30, 2023

    Date

    Active

    CRMLS: 23316067

    $720,000

    Price

  • Listing provided courtesy of CRMLS

    ONE UNIT NOW VACANT. Leimert Park adjacent. Side-by-side one-level gated duplex ready for your renovation. According to Rentometer Fall 2023 - Median Rent is $1948. Walk score of 74/100. Zestimate $781,400. Live in one and rent the other or buy with a friend! Or convert to your single-family dream home and add an ADU! Long driveway, 2-car detached garage and nice backyard. CASH offers. Please drive by. 2nd unit tenant occupied at $1700/month.

  • September, 2023

  • Sep 26, 2023

    Date

    Canceled

    CRMLS: 23314127

    $750,000

    Price

  • Sep 21, 2023

    Date

    Active

    CRMLS: 23314127

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Back on the market this side-by-side duplex is situated along a quiet residential street adjacent to Leimert Park and 2 light rail lines. Both units are occupied with one tenant under a rental contract until 12/5/2023. With a little TLC, this could be a good starter investment or an opportunity to redevelop the nearly 6,000 square foot site.

  • September, 2023

  • Sep 20, 2023

    Date

    Expired

    CRMLS: 23252613

    $777,000

    Price

  • Mar 20, 2023

    Date

    Active

    CRMLS: 23252613

    $799,999

    Price

  • Listing provided courtesy of CRMLS

    This is a side by side duplex situated on an R1-1 lot along a quiet residential street near Leimert Park and 2 light rail lines. Both units are occupied with one one tenant under a rental contract until 12/5/2023. With a little TLC, this could be a good starter investment or an opportunity to re-develop the 5,846 square foot site.

  • November, 2003

  • Nov 7, 2003

    Date

    Sold (Public Records)

    Public Records

    $275,000

    Price

Show More

Tax History for 3983 S Van Ness Ave

Assessed Value (2020): $357,498
Year Land Value Improved Value Assessed Value
2020 $260,003 $97,495 $357,498

Home Value Compared to the Market

This property vs the competition

3983 S Van Ness Ave sold on June 28, 2024 for 38.14% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $428.83 per/sqft which puts the price per square foot 43.13% lower than the current median sale per square foot for the city of Los Angeles.

About 3983 S Van Ness Ave

Detailed summary of property

3983 S Van Ness Ave is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 1,630 living square feet, and sits on an approximately 5,846 square foot lot. 3983 S Van Ness Ave was first listed on ArdentRealEstateGroup.com on May 14, 2024. The homeowner sold the property for $610,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 38.14% lower than the current median priced home. Local homes that are currently for sale include 820-822 W 61st St, 232 W 49th St and 362 W 59th Pl. While the average home in Los Angeles, CA is selling in 99 days, 3983 S Van Ness Ave has a days on market of 28 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 3983 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 3983 S Van Ness Ave

Public county record property details
Beds
2
Baths
2
Year built
1938
Sq. Ft.
1,630
Lot Size
5,845
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
276
APN
5035-004-022

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
$875,000
Median List Price/Sq.Ft.
$573
Median Sold Price
$785,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
39
Median Sale to List Price %
101.29%
Avg Days on Market
42
Loan Type
Conventional (50%), FHA (16.67%), VA (0%), Cash (16.67%), Other (16.67%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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