NOT LISTED FOR SALE

3210 Edward Ave Los Angeles, CA 90065

Glassell Park Neighborhood

Estimated Value: $973,000 - $1,164,662

2 Beds
2 Baths
1,292 Sq Ft
$832/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $795,000 $615 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,680/month

8 Days on Market

About This Home

As of August 2019

Located in one of the hottest NELA neighborhoods, Glassell Park, this two house cash cow is as hip as it is a great investment. Each of the 1 bedroom, brightly colored "jewel boxes" are heavy hitters in the income department bringing in $1,800 in the front house and $2,013 in the back house. Both homes are filled with natural light and character details like wood floors, period tiles, and original windows. The back house has central heat and air. There's a cute patio area with a built-in bench behind the detached garages and the rear house benefits from a private side and backyard. This is a great starter investment that cashflows with about 20% down. That's not easy to find in a two-unit property in this condition.

Last Agent to Sell the Property

David Robles

eXp Realty of California Inc License #01134528 Listed on: 07/24/2019

Last Buyer's Agent

Jessica Webb-Simpson

MAISONRE License #02070038

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,447

Year Built

  • 1956

Lot Details

  • 4,792

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,447

Year Built

1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Advertising Remarks: Located in one of the hottest NELA neighborhoods, Glassell Park, this two house cash cow is as hip as it is a great investment. Each of the 1 bedroom, brightly colored "jewel boxes" are heavy hitters in the income department bringing in $1,800 in the front house and $2,013 in the back house. Both homes are filled with natural light and character details like wood floors, period tiles, and original windows. The back house has central heat and air. There's a cute patio area with a built-in bench behind the detached garages and the rear house benefits from a private side and backyard. This is a great starter investment that cashflows with about 20% down. That's not easy to find in a two-unit property in this condition.
  • Year Built: 1956
  • Price Per Sq Ft: 611.46
  • Unit Type: 1, 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Living Area: 1292

Exterior Features

  • Stories: 1

Garage/Parking

  • Garage Details: Garage - 2 Car
  • Garage Spaces: 1
  • Total Parking: 2
  • Covered Parking: 2
  • Garage Structures: 1

Lot Info

  • Zoning: LAR1
  • Assessor Parcel Number: 5457-017-026
  • Lot Size Area: 4862
  • Assessed Improvement Value: 183756
  • Assessed Land Value: 306263

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Rent Multiplier: 17.00
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2019
Sold by
Hirschowitz Henry and Graham Jennifer
Bought by
Angeleno Field Collective Llc
Current Estimated Value
$1,066,084

Purchase Details

Listed on
Jul 24, 2019
Closed on
Aug 7, 2019
Sold by
Morache Erin C
Bought by
Hirschowitz Henry and Graham Jennifer
Seller's Agent
David Robles
eXp Realty of California Inc
Buyer's Agent
Jessica Webb-Simpson
MAISONRE
List Price
$790,000
Sold Price
$795,000
Premium/Discount to List
$5,000
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$477,000
Interest Rate
3.8%

Purchase Details

Closed on
Nov 5, 2004
Sold by
Esteves Grace
Bought by
Esteves Jose Enrique

Purchase Details

Closed on
Jun 1, 2004
Sold by
Leach Clyde D and Estate Of Cornelia E Poll
Bought by
Morache Erin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Angeleno Field Collective Llc -- None Available
Hirschowitz Henry $795,000 Fidelity National Title
Esteves Jose Enrique -- United Title Company-La
Morache Erin C $405,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hirschowitz Henry $477,000
Previous Owner Morache Erin Colleen $67,300
Previous Owner Morache Erin $10,406
Previous Owner Morache Erin $20,813
Previous Owner Morache Erin C $150,000
Previous Owner Morache Erin C $324,000
Closed Morache Erin C $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $795,000 +0.6% $615 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $790,000 -- $611 / Sq Ft
Source: California Desert Association of REALTORS®

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 $10,447 $869,442 $596,034 $273,408
2024 $10,447 $852,396 $584,348 $268,048
2023 $10,244 $835,684 $572,891 $262,793
2022 $9,764 $819,299 $561,658 $257,641
2021 $9,645 $803,236 $550,646 $252,590
2020 $9,743 $795,000 $545,000 $250,000
2019 $6,107 $509,814 $318,635 $191,179
2018 $6,052 $499,819 $312,388 $187,431
2016 $5,777 $480,411 $300,258 $180,153
2015 $5,692 $473,195 $295,748 $177,447
2014 $5,719 $463,927 $289,955 $173,972
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    David Robles

    eXp Realty of California Inc

  • Jessica Webb-Simpson

    Buyer's Agent in 2019

    Jessica Webb-Simpson

    MAISONRE

    (917) 674-7200

    13 Total Sales

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Map

Source: California Desert Association of REALTORS®

MLS Number: 19-492196

California Desert Association of REALTORS®

APN: 5457-017-026

California Los Angeles County Los Angeles 90065 Glassell Park

3210 Edward Ave, Los Angeles, CA

This home is located at 3210 Edward Ave, Los Angeles, CA 90065 since 24 July 2019 and is currently estimated at $1,074,666, approximately $831 per square foot. This property was built in 1956. 3210 Edward Ave is a home located in Los Angeles County with nearby schools including Fletcher Drive Elementary School, Irving STEAM Magnet School, and Eagle Rock High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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