4426 3Rd Ave, Los Angeles, CA 90043
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4426 3Rd Ave Los Angeles, CA 90043

$845,000 Sold Price as of 03/13/2020
  • 3 Beds
  • 1 Baths
  • -- Sq.Ft.
Sold
$845,000 Sold Price as of 03/13/2020 Refinance Your Mortgage

Map preview of 4426 3Rd Ave, Los Angeles, CA 90043

Property Overview: 4426 3Rd Ave Los Angeles, CA has 3 bedrooms, 1 bathrooms, -- 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: Welcome to your beautiful TurnKey ready to Move-In Spanish style duplex property, is adjacent to Leimert Park. This unique offering consists of two large units with 3 bedrooms/1 Bath. Beautiful Property is perfect for an investor or an owner/user that may qualify for NACA, FHA financing. As an investment, the property can achieve over 6% capitalization rate with market rents. The 2,080 sq. ft. building is situated on a LAR2-1 opportunity zoned 6,500 sq. ft lot. Each unit features a beautiful veranda, with updated kitchens featuring stainless steel appliances, recessed lighting throughout & laminate flooring. The living rooms feature large original windows reminiscent of classic Spanish style construction.

Listed by Amber Martinez | BRE #01961174 | Rodeo Realty- Brentwood
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
6,507
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19537678
City
Los Angeles
County
Los Angeles
Time on Site
1264 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 1
  • Actual Rent: $3,000
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0.23
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $72
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4426 3Rd Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport
Property Information
  • Total # of Units: 2
  • Parcel Number: 5015036019
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: West of Arlington Ave
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Sale History for 4426 3Rd Ave

Last sold for $845,000 on March 13th, 2020
  • March, 2020

  • Mar 19, 2020

    Date

    Sold

    CRMLS: 19537678

    $845,000

    Price

  • Jan 17, 2020

    Date

    Pending

    CRMLS: 19537678

    $899,000

    Price

  • Dec 18, 2019

    Date

    Active

    CRMLS: 19537678

    $899,000

    Price

  • March, 2020

  • Mar 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $845,000

    Price

  • August, 2019

  • Aug 20, 2019

    Date

    Sold

    CRMLS: 19467804

    $775,000

    Price

  • Aug 19, 2019

    Date

    Active

    CRMLS: 19467804

    $775,000

    Price

  • Aug 18, 2019

    Date

    Expired

    CRMLS: 19467804

    $775,000

    Price

  • Aug 16, 2019

    Date

    Active

    CRMLS: 19467804

    $775,000

    Price

  • Jul 18, 2019

    Date

    Expired

    CRMLS: 19467804

    $775,000

    Price

  • Jun 24, 2019

    Date

    Price Change

    CRMLS: 19467804

    $775,000

    Price

  • Jun 14, 2019

    Date

    Active

    CRMLS: 19467804

    $789,000

    Price

  • Jun 4, 2019

    Date

    Active Under Contract

    CRMLS: 19467804

    $789,000

    Price

  • Jun 3, 2019

    Date

    Active

    CRMLS: 19467804

    $789,000

    Price

  • May 30, 2019

    Date

    Active Under Contract

    CRMLS: 19467804

    $789,000

    Price

  • May 18, 2019

    Date

    Active

    CRMLS: 19467804

    $789,000

    Price

  • Listing provided courtesy of CRMLS

    Drive down a quintessential California tree lined street and arrive at the income property of your dreams. A classic yet updated Spanish style with old school charm and new school function. Two three bedroom, 1 bathroom units with spacious living room and a garage for each unit. Renovated kitchen, bathrooms, recessed lighting, flooring, etc. Excellent income potential half a mile from the center of hip Leimert Park. Will be delivered vacant.

  • August, 2019

  • Aug 9, 2019

    Date

    Sold (Public Records)

    Public Records

    $775,000

    Price

  • February, 2019

  • Feb 22, 2019

    Date

    Sold

    CRMLS: 18416328

    $515,000

    Price

  • Jan 31, 2019

    Date

    Pending

    CRMLS: 18416328

    $485,000

    Price

  • Jan 10, 2019

    Date

    Active Under Contract

    CRMLS: 18416328

    $485,000

    Price

  • Jan 1, 2019

    Date

    Hold

    CRMLS: 18416328

    $485,000

    Price

  • Dec 18, 2018

    Date

    Active

    CRMLS: 18416328

    $485,000

    Price

  • Listing provided courtesy of CRMLS

    Fixer with tons of potential. Early twentieth century duplex, 2 bed, 1 bath each. Both units need TLC. Washer/dryer hook-up in one unit. Wall and floor heaters. South side duplex has been somewhat upgraded. Garage parking for each unit located in the rear. FHA and conventional financing may not be suitable for this property. The area is in the process of a cosmetic makeover. The newly-built Kaiser Permanente Medical Center is less than a mile away. Located adjacent to Leimert Park. Both units are owner-occupied and can be delivered vacant.

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Tax History for 4426 3Rd Ave

Assessed Value (2020): $775,000
Year Land Value Improved Value Assessed Value
2020 $575,000 $200,000 $775,000

Home Value Compared to the Market

This property vs the competition

4426 3Rd Ave sold on March 13, 2020 for 20.44% lower than the current median sold price for the city of Los Angeles which is $1,130,000.

About 4426 3Rd Ave

Detailed summary of property

4426 3Rd Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 3 bedrooms, 1 bathrooms, roughly -- living square feet, and sits on an approximately 6,507 square foot lot. 4426 3Rd Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $845,000. 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 20.44% lower than the current median priced home. Local homes that are currently for sale include 2317 Hyde Park Blvd, 3023 Obama Blvd and 4815 S Normandie Ave. While the average home in Los Angeles, CA is selling in 99 days, 4426 3Rd Ave has a days on market of 16 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 4426 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 4426 3Rd Ave

Public county record property details
Beds
4
Baths
2
Year built
1924
Sq. Ft.
2,080
Lot Size
6,507
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
72
APN
5015-036-019

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.