4416 3Rd Ave, Los Angeles, CA 90043
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4416 3Rd Ave Los Angeles, CA 90043

$915,000 Sold Price as of 06/16/2022
  • 3 Beds
  • 3 Baths
  • 1,744 Sq.Ft.
Sold
$915,000 Sold Price as of 06/16/2022 Refinance Your Mortgage

Map preview of 4416 3Rd Ave, Los Angeles, CA 90043

Property Overview: 4416 3Rd Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,744 living square feet and 6,507 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This charming 1923 Leimert Park Spanish Duplex, situated on a quiet palm tree-lined street, has been reimagined with tasteful renovations highlighted through out the property. Savvy first time home buyers and investors alike should have no problems seeing the upside that this property offers. UNIT 1 has been completely renovated and offers 2 bedrooms and 2 full baths with 944 sqft of modern and functional living space. The floor plan is bright, open, and features new amenities that allow you to enjoy your time and space in comfort. Renovations include ALL NEW: central heating/cooling systems, luxury vinyl plank floors, designer kitchen, stainless steel appliances, remodeled bathrooms, new roof, new plumbing for BOTH units, detached 2 car garage, extended driveway, and an overall vibe that must be experienced to be appreciated. UNIT 2 is tenant occupied and features 1 bedroom and 1 bath with 800 sqft of living space. While the inside of this unit remains mostly in original condition, it has been well kept, and offers the savvy buyer of this property enormous value add opportunity in the near future to put on their investor/HGTV hat and renovate a beautiful home of their own while increasing their rental income potential. Centrally located next to Sofi Stadium, The Forum, local eateries, and the brand new underground Crenshaw Metro Station - this property is a gem.

Listed by ALEXANDER PEAU | BRE #01924437 | REALTY ONE GROUP WEST
Co-listed by HELEN MORENO | BRE #01165533 | REALTY ONE GROUP WEST
Last checked: 29 seconds ago | Last updated: September 13th, 2022 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
6,507
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
CV22075393
City
Los Angeles
County
Los Angeles
Time on Site
806 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $691
  • Total Rent: $8,292
  • Pro Forma/Market Rent: $19,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $33,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $41,892
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $500
  • Insurance: $800
  • Water/Sewer: $1,200

Virtual Tour

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Property Details for 4416 3Rd Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside
Fireplace Information
  • Has Fireplace
  • Bath, Family Room, Kitchen, Living Room, Master Bedroom, Gas
Room Information
  • Flooring: Vinyl
  • All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Microwave
Interior Features
  • Copper Plumbing Full, Open Floorplan, Recessed Lighting
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Security Lights
Exterior Features
Exterior Information
  • Roof: Rolled/Hot Mop
  • Has Fence
  • Block, Redwood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Paved, Garage, Garage - Two Door
Lot Information
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 6500-9999, Rectangular Lot, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5015036017
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Foundation Details: Raised
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Major Cross Streets: Vernon Ave and Arlington Ave
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 4416 3Rd Ave

Last sold for $915,000 on June 16th, 2022
  • June, 2022

  • Jun 16, 2022

    Date

    Sold

    CRMLS: CV22075393

    $915,000

    Price

  • Apr 15, 2022

    Date

    Active

    CRMLS: CV22075393

    $1,040,000

    Price

Tax History for 4416 3Rd Ave

Assessed Value (2020): $47,851
Year Land Value Improved Value Assessed Value
2020 $22,386 $25,465 $47,851

Home Value Compared to the Market

This property vs the competition

4416 3Rd Ave sold on June 16, 2022 for 7.96% 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 $596.33 per/sqft which puts the price per square foot 20.91% lower than the current median sale per square foot for the city of Los Angeles.

About 4416 3Rd Ave

Detailed summary of property

4416 3Rd Ave is a duplex that recently sold in Los Angeles, CA 90043. This duplex offered 3 bedrooms, 3 bathrooms, roughly 1,744 living square feet, and sits on an approximately 6,507 square foot lot. 4416 3Rd Ave was first listed on ArdentRealEstateGroup.com on April 16, 2022. The homeowner sold the property for $915,000. 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 7.96% lower than the current median priced home. Local homes that are currently for sale include 3023 Obama Blvd, 4815 S Normandie Ave and 3574 Cimarron St. While the average home in Los Angeles, CA is selling in 99 days, 4416 3Rd Ave has a days on market of 25 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 4416 3Rd Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4416 3Rd Ave

Public county record property details
Beds
3
Baths
3
Year built
1923
Sq. Ft.
1,744
Lot Size
6,507
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
70
APN
5015-036-017

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$594
Median Sold Price
$1,155,000
Median Sold Price/Sq.Ft.
$718
Total Inventory
98
Median Sale to List Price %
101.76%
Avg Days on Market
19
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (5.56%), Other (11.11%)

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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.