NOT LISTED FOR SALE

3327 Alice St Los Angeles, CA 90065

Cypress Park Neighborhood

Estimated Value: $1,084,000 - $1,157,000

8 Beds
4 Baths
2,880 Sq Ft
$387/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $1,017,000 $353 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,124/month

74 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Family Room
  • Abraham Lincoln High School Rated A
  • Bike Trail

About This Home

As of September 2023

First time on the market in 48 years! This 4 unit complex located in Los Angeles (Cypress Park). This commuter-friendly neighborhood to DTLA is bordered by Glendale, Silver Lake, Eagle Rock, Highland Park, Glassell Park, Mt. Washington and Atwater Village. The property is located near many locally owned eateries and shopping boutiques and access to public transportation. This 4 unit complex (all 2 beds/1bath) has tremendous upside and offers plenty of income growth. Separately metered with on-site parking. Don't miss out on this PRICED to SELL property! This is a great opportunity to start your portfolio as an investor. Call today for more information or to make an offer!

Last Agent to Sell the Property

Oscar Crespo

Real Estate Mortgage Exchange License #01205193 Listed on: 05/15/2023

Last Buyer's Agent

Oscar Crespo

Real Estate Mortgage Exchange License #01205193 Listed on: 05/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,640

Year Built

  • Built in 1952

Lot Details

  • 5,253 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Laundry Room

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 128
  • Tax Tract Number 303
  • Assessor Parcel Number 5454027013

Community Details

Overview

  • 4 Units

Recreation

  • Bike Trail

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $2,400
  • Operating Expense $3,900
  • Gross Income $73,896
  • Net Operating Income $69,996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,640

Year Built

Built in 1952

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Price Per Unit: 249750
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR1
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5454027013
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Main
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile, Wood
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 353.12
  • Room Type: Family Room, Kitchen

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5253.00
  • Lot Size Acres: 0.1206

Multi Family

  • Gross Income: 73896.00
  • Gross Scheduled Income: 73896.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5253.0000 Square Feet
  • Net Operating Income: 69996.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 3900.00
  • Rent Control: Yes
  • Total Expenses: 3900.00

Tax Info

  • Tax Census Tract: 1853.10
  • Tax Lot: 128
  • Tax Tract Number: 303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Aug 4, 2023
Sold by
Crittenden James E
Bought by
James E Crittenden Trust
Seller's Agent
Oscar Crespo
Real Estate Mortgage Exchange
Buyer's Agent
Oscar Crespo
Real Estate Mortgage Exchange
List Price
$1,275,000
Sold Price
$1,017,000
Premium/Discount to List
-$258,000
-20.24%
Views
56
Current Estimated Value
$1,114,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,111
Avg. Annual Appreciation
4.98%
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
James E Crittenden Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crittenden James E $100,000
Previous Owner Crittenden James E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $1,017,000 +1.8% $353 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/19/2023 07/19/23 Price Changed $999,000 -21.6% $347 / Sq Ft
05/15/2023 05/15/23 For Sale $1,275,000 -- $443 / 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 $12,640 $1,037,340 $782,340 $255,000
2024 $12,640 $1,017,000 $767,000 $250,000
2023 $1,560 $93,485 $26,826 $66,659
2022 $1,499 $91,652 $26,300 $65,352
2021 $1,466 $89,856 $25,785 $64,071
2019 $1,429 $87,193 $25,021 $62,172
2018 $1,341 $85,484 $24,531 $60,953
2016 $1,251 $82,166 $23,579 $58,587
2015 $1,237 $693,586 $489,590 $203,996
2014 $8,589 $79,348 $22,771 $56,577
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2023

    Oscar Crespo

    Real Estate Mortgage Exchange

    (818) 652-8877

    1 in this area

    6 Total Sales

    Oscar Crespo
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23082705

California Regional Multiple Listing Service (CRMLS)

APN: 5454-027-013

California Los Angeles County Los Angeles 90065 Cypress Park

3327 Alice St, Los Angeles, CA

This home is located at 3327 Alice St, Los Angeles, CA 90065 since 15 May 2023 and is currently estimated at $1,114,111, approximately $386 per square foot. This property was built in 1952. 3327 Alice St is a home located in Los Angeles County with nearby schools including Aragon Avenue Elementary, Florence Nightingale Middle, and Benjamin Franklin 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 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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