NOT LISTED FOR SALE

3035 Berkeley Ave Los Angeles, CA 90026

Estimated Value: $1,601,000 - $2,161,000

5 Beds
3 Baths
3,257 Sq Ft
$569/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $1,270,000 $390 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,376/month

18 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • High Ceiling
  • John Marshall Senior High Rated A
  • Spanish Architecture
  • No HOA

About This Home

As of June 2016

A wonderfully restored Spanish-style building in the heart of Silverlake. Two buildings complete the property, comprised of two 2bed 1ba units with gas/wood fireplaces and one 1bed 1ba carriage house. Each unit is unique and quaint in character but all offer quality in the way of large bedrooms, full-sized dining rooms, in-unit private laundry, built-in storage, period lighting and details, cozy alcoves, hardwood floors, stainless steel appliances and lots and lots of windows to let the light poor in. The two, 2 bed units are located in the front, two story building, while the 1 bedroom sits above the 4 car garage. Great tenants in all units, on a month-to-month basis.

Last Agent to Sell the Property

Thomas Daniels

Thomas E. Daniels License #01455651 Listed on: 04/06/2016

Last Buyer's Agent

Alexandria Jack

Compass License #01952539

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,105

Year Built

  • Built in 1924

Lot Details

  • 4,853 Sq Ft Lot
  • No Common Walls
  • Stucco Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Spanish Architecture
  • Spanish Tile Roof
  • Tar and Gravel Roof
  • Composition Roof
  • Elastomeric Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 3,257 Sq Ft Home
  • Built-In Features
  • Wainscoting
  • High Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • City Lights Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 30
  • Tax Tract Number 6988
  • Assessor Parcel Number 5425011016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Gardener Expense $1,200
  • Insurance Expense $2,000
  • Trash Expense $1,800
  • Water Sewer Expense $1,800
  • New Taxes Expense $12,999
  • Gross Income $5,485
  • Net Operating Income $61,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,105

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Inclusions: all appliances, including washer/s dryers.
  • Price Per Unit: 430000
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5425011016
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, High Ceilings, Copper Plumbing Partial, Recessed Lighting, Wainscoting
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 389.93

Exterior Features

  • Exterior Features: Lighting
  • View: City Lights
  • Fencing: Stucco Wall
  • Pool Private: No
  • Roof: Composition, Elastomeric, Spanish Tile, Tar/Gravel
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Refrigerator, Self Cleaning Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Individual Room
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4853.00
  • Price Per Lot Square Foot: 261.69

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 900
  • Average2 Bed Area: 1100
  • Electric Expense: 1200.00
  • Gross Income: 5485.00
  • Gross Scheduled Income: 65820.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 61020.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 4800.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 12999.00
  • Taxes Percent: 1.00
  • Tax Lot: 30
  • Tax Tract Number: 6988
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2023
Sold by
Jack Ian and Jack Francine
Bought by
Ian & Francine Jack Family Revocable Trust
Current Estimated Value
$1,853,661

Purchase Details

Listed on
Apr 6, 2016
Closed on
May 2, 2016
Sold by
Daniels Thomas E and Augur Zanne T
Bought by
Jack Ian and Jack Francine
Seller's Agent
Thomas Daniels
Thomas E. Daniels
Buyer's Agent
Alexandria Jack
Compass
List Price
$1,299,000
Sold Price
$1,270,000
Premium/Discount to List
-$29,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$635,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 1, 2013
Sold by
Daniels Thomas E
Bought by
Daniels Thomas E and Augur Zanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2006
Sold by
Clark Marilyn M and The Marilyn M Clark Trust
Bought by
Daniels Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
6.41%
Mortgage Type
Seller Take Back
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Ian & Francine Jack Family Revocable Trust -- Equity Title Company
Jack Ian $1,270,000 Equity Title Company
Daniels Thomas E -- Equity Title
Daniels Thomas E -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jack Ian $635,000
Previous Owner Daniels Thomas E $675,000
Previous Owner Daniels Thomas E $695,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2016 06/24/16 Sold $1,270,000 -2.2% $390 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
03/27/2016 03/27/16 For Sale $1,299,000 -- $399 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $18,105 $1,503,414 $1,065,414 $438,000
2024 $18,105 $1,473,936 $1,044,524 $429,412
2023 $17,754 $1,445,037 $1,024,044 $420,993
2022 $16,926 $1,416,704 $1,003,965 $412,739
2021 $16,712 $1,388,927 $984,280 $404,647
2020 $16,883 $1,374,686 $974,188 $400,498
2019 $16,211 $1,347,733 $955,087 $392,646
2018 $16,109 $1,321,308 $936,360 $384,948
2016 $9,884 $808,079 $461,760 $346,319
2015 $9,741 $795,941 $454,824 $341,117
2014 $9,785 $780,350 $445,915 $334,435
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thomas Daniels

    Thomas E. Daniels

    Section Image
  • Alexandria Jack

    Buyer's Agent in 2016

    Alexandria Jack

    Compass

    (213) 507-3959

    6 in this area

    95 Total Sales

    Alexandria Jack
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16062991

California Regional Multiple Listing Service (CRMLS)

APN: 5425-011-016

California Los Angeles County Los Angeles 90026

3035 Berkeley Ave, Los Angeles, CA

This home is located at 3035 Berkeley Ave, Los Angeles, CA 90026 since 06 April 2016 and is currently estimated at $1,853,661, approximately $569 per square foot. This property was built in 1924. 3035 Berkeley Ave is a home located in Los Angeles County with nearby schools including Micheltorena Street Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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