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9025 W 3Rd St, Los Angeles, CA 90048
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9025 W 3Rd St Los Angeles, CA 90048

$5,250,000
  • 16 Beds
  • 17 Baths
  • 11,064 Sq.Ft.
For Sale
$5,250,000 Get Pre-Qualified
Map preview of 9025 W 3Rd St, Los Angeles, CA 90048

Property Overview: 9025 W 3Rd St Los Angeles, CA has 16 bedrooms, 17 bathrooms, 11,064 living square feet and 5,889 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Assumable loan of $2,250,000 at 3.2% fixed until 3/1/28. The loan has a value of $270,000 compared to a new loan at 6.2%. Next to Four Seasons Hotel at Doheny and Burton Way. 13 x Gross & 5.1% Cap with rents at market. 6.5% return on down payment with market rents. Seller has spent approx. $260,000 in renovations. Controlled access, elevator, dishwasher, A/C, M/W. Earthquake retrofit work has been completed.

Listed by Hamid Soroudi | BRE #00708618 | Keller Williams Beverly Hills
Last checked: 9 minutes ago | Last updated: May 14th, 2024 | Source CRMLS | DOM: 12
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Home details

Lot Sq. Ft
5,889
HOA Dues
$0/mo
Year built
1969
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24389101
City
Los Angeles
County
Los Angeles
Time on Site
12 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,737
  • Total Rent: $3,737
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,492
  • Total Rent: $1,492
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,751
  • Total Rent: $2,751
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,098
  • Total Rent: $2,098
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.4
  • Gross Scheduled Income: --
  • Net Operating Income: $171,110
  • Gross Operating Income: $292,250
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 9025 W 3Rd St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 17
  • Has Parking
  • Parking Features: Covered
Property Information
  • Total # of Units: 10
  • Parcel Number: 4335008012
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: N. of Burton Way, E. of Doheny Dr
View more facts & features

Local Los Angeles Agent

Sale History for 9025 W 3Rd St

Last sold for $2,475,024 on July 10th, 2013

  • May, 2024

  • May 6, 2024

    Date

    Active

    CRMLS: 24389101

    $5,250,000

    Price

  • July, 2013

  • Jul 10, 2013

    Date

    Sold (Public Records)

    Public Records

    $2,475,024

    Price

Show More

Tax History for 9025 W 3Rd St

Assessed Value (2020): $2,774,212
Year Land Value Improved Value Assessed Value
2020 $1,933,542 $840,670 $2,774,212

Home Value Compared to the Market

This property vs the competition

9025 W 3Rd St is listed 320% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $474.51 per/sqft which puts the price per square foot 38.93% lower than the median price per square foot for the city of Los Angeles.

About 9025 W 3Rd St

Detailed summary of property

9025 W 3Rd St is a multi family located in Los Angeles, CA 90048 and is currently for sale. This multi family property offers 16 bedrooms, 17 bathrooms, roughly 11,064 living square feet, and sits on an approximately 5,889 square foot lot. 9025 W 3Rd St was first listed on ArdentRealEstateGroup.com on May 8, 2024. The homeowner is currently asking $5,250,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 320% higher than the median priced home. Local competing homes currently for sale include 1975 S Corning St, 211 S Poinsettia Pl and 9240 W National Blvd. While the average home in Los Angeles, CA is selling in 92 days, 9025 W 3Rd St has a days on market of 12 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 9025 W 3Rd St Los Angeles, CA 90048 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 9025 W 3Rd St

Public county record property details
Beds
14
Baths
18
Year built
1969
Sq. Ft.
11,064
Lot Size
5,887
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
34
APN
4335-008-012

The source for these homes facts are from public records.

90048 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,495,000
Median List Price/Sq.Ft.
$1,041
Median Sold Price
$2,275,000
Median Sold Price/Sq.Ft.
$989
Total Inventory
133
Median Sale to List Price %
91.18%
Avg Days on Market
72
Loan Type
Conventional (9.52%), FHA (0%), VA (0%), Cash (9.52%), Other (0%)

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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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