Seller's Agent in 2023
Enrique Viramontes
RE/MAX
(213) 233-4363
1 in this area
31 Total Sales
Estimated Value: $1,189,869 - $1,717,000
6.41% CURRENT CAP RATE! We are pleased to present 2819 3rd Avenue, an attractive single story 5-unit property located in the trendy West Adams District. The unit mix is comprised of 1 and 2 bedroom units. All the units have been completely and beautifully renovated with no expense spared. Renovations include new flooring, kitchens, bathrooms, doors, stainless steel appliances, recessed lighting, mini split hvac units, exterior paint, dual-pane windows, solar panels, landscaping, etc. One of the 5 units is a 2 bedroom 2 bath ADU that was built from the ground up in 2022 which is located at the rear of the property. There is open parking available on-site which is accessible from the alley. Conveniently located close to Culver City, USC and Downtown LA not to mention in a strong West Adams District rental market. An "easy to manage" cash flowing asset not to be overlooked!
Last Agent to Sell the Property
Remax Commercial and Investment Realty License #01372010 Listed on: 01/06/2023
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| First Operating Services Llc | $1,467,500 | Fidelity National Title | |
| Pan Partnership Inc | $750,000 | Fidelity National Title | |
| Gialketsis Suzanne | -- | None Available | |
| Gialketsis V George | -- | None Available | |
| Gialketsis Lola T | -- | None Available | |
| Gialketsis George V | -- | Gateway Title Company | |
| The Gialketsis Family Trust | $65,563 | Provident Title | |
| Diaz Mario | $140,500 | -- | |
| Gialketsis George V | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pan Partnership Inc | $487,500 | |
| Previous Owner | Gialketsis George V | $75,000 | |
| Previous Owner | Diaz Mario | $75,000 | |
| Closed | Diaz Mario | $65,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $1,467,500 | -6.8% | $580 / Sq Ft | |
| 04/17/2023 04/17/23 | Pending | -- | -- | -- | |
| 03/16/2023 03/16/23 | Price Changed | $1,575,000 | -1.5% | $622 / Sq Ft | |
| 02/08/2023 02/08/23 | Price Changed | $1,599,000 | -3.1% | $632 / Sq Ft | |
| 01/06/2023 01/06/23 | For Sale | $1,650,000 | +120.0% | $652 / Sq Ft | |
| 10/29/2020 10/29/20 | Sold | $750,000 | 0.0% | $366 / Sq Ft | View Prior Sale |
| 07/09/2020 07/09/20 | Pending | -- | -- | -- | |
| 07/09/2020 07/09/20 | For Sale | $750,000 | -- | $366 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,354 | $1,526,787 | $1,040,400 | $486,387 |
| 2024 | $18,354 | $1,496,850 | $1,020,000 | $476,850 |
| 2023 | $9,759 | $780,300 | $624,240 | $156,060 |
| 2022 | $9,315 | $765,000 | $612,000 | $153,000 |
| 2021 | $9,195 | $750,000 | $600,000 | $150,000 |
| 2020 | $3,474 | $258,008 | $172,009 | $85,999 |
| 2019 | $3,349 | $252,950 | $168,637 | $84,313 |
| 2018 | $3,269 | $247,991 | $165,331 | $82,660 |
| 2016 | $3,114 | $238,363 | $158,912 | $79,451 |
| 2015 | $3,072 | $234,783 | $156,525 | $78,258 |
| 2014 | $3,103 | $230,185 | $153,459 | $76,726 |
Seller's Agent in 2023
Enrique Viramontes
RE/MAX
(213) 233-4363
1 in this area
31 Total Sales
Seller Co-Listing Agent in 2023
Benjamin Hsiang
Realty Investment Advisors, Inc.
(424) 377-6001
1 in this area
75 Total Sales
S
Buyer's Agent in 2023
Sonny Shackelford
Nicholas Property Group
(310) 946-6527
1 in this area
5 Total Sales
Source: The MLS
MLS Number: 23-230208
APN: 5052-003-006