NOT LISTED FOR SALE

1507 3rd Ave Los Angeles, CA 90019

Arlington Heights Neighborhood
9 Beds
8 Baths
4,301 Sq Ft
7,004 Sq Ft Lot

Last Sold November 07, 2017

Last sale price $1,375,000 $320 Per Sq Ft

106 Days on Market

About This Home

As of November 2017

GREAT OPPORTUNITY FOR INVESTMENT PROPERTY.FULLY TENANTS OCCUPIED. VERY WELL MAINTENANCE BUILDING BY OWNER.TITLE SHOW 7 UNIT APARTMENT BUT BUILDING & SAFE RECORD 6 UNIT. Two Single Unit are non-conforming unit. BUYER AND BUYER'S AGENT VERIFIED ALL INFORMATION.HIGH DEMAND RENTAL AREA.LONG TERM TENANT UP TO 30% RENT INCREASE POTENTIAL. DO NOT DISTURBED TENANTS. DRIVE BY ONLY SUBJECT TO INSPECTION AFTER ACCEPTED OFFER.Agent Remarks : BUYER AND BUYER'S AGENT TO DO THERE OWN INVESTIGATIONABOUT UNIT COUNT AND OTHER ASPECTS.

Last Agent to Sell the Property

Jae Choi

Ivy Realty Co. License #01273921 Listed on: 07/11/2017

Last Buyer's Agent

Jae Choi

Ivy Realty Co. License #01273921 Listed on: 07/11/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,004

Interior Spaces

  • 4,301 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport

Additional Features

  • 7,004 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5072-027-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4301
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 339.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 6

Utilities

  • Cooling: Wall Unit(s)

Lot Info

  • Assessed Improvement Value: 269238
  • Assessed Land Value: 724874
  • Assessor Parcel Number: 5072-027-002
  • Geocode Override: No
  • Lot Size Area: 7004

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 14.10
  • Number Of Units: 8
  • Total Annual Expense: 30995
  • Type Of Units: multi
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2017 11/07/17 Sold $1,375,000 -5.8% $320 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $1,459,999 +52.1% $339 / Sq Ft
02/25/2014 02/25/14 Sold $960,000 -1.0% $223 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $970,000 -- $226 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jae Choi

    Seller's Agent in 2017

    Jae Choi

    Ivy Realty Co.

    (213) 427-7764

    5 Total Sales

    Jae Choi
    Section Image
  • Grace Chow

    Seller's Agent in 2014

    Grace Chow

    Compass

    (310) 779-0058

    19 Total Sales

    Grace Chow
    Section Image

  • M

    Buyer's Agent in 2014

    Myung Shin

    RE/MAX

    7 Total Sales

    Myung Shin
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-250098

The MLS
California Los Angeles County Los Angeles 90019 Arlington Heights

1507 3rd Ave, Los Angeles, CA

This home is located at 1507 3rd Ave, Los Angeles, CA 90019 since 11 July 2017. This property was built in 1960. 1507 3rd Ave is a home located in Los Angeles County with nearby schools including Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School, and Los Angeles Senior High School.

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