D
Seller's Agent in 2025
David Knight
Keller Williams Realty
(626) 657-0359
1 in this area
370 Total Sales
3349 Wood Terrace Los Angeles, CA 90027
Los Feliz Neighborhood
3
Beds
2
Baths
1,715
Sq Ft
3,625
Sq Ft Lot
Highlights
- Traditional Architecture
- Wood Flooring
- Living Room
- Ivanhoe Elementary Rated A-
- Cooling System Mounted To A Wall/Window
- Laundry Room
About This Home
As of August 2025BOTH UNITS CAN BE DELIVERED VACANT STARTING AUGUST 18. Located on a quiet street in the highly desirable Los Feliz neighborhood, this character-filled multi-unit property presents the perfect opportunity to live in a prime location while earning rental income. With no shared walls, private entrances, and individual meters and water heaters, this property is ideal for both owner-occupants and investors. The main residence (3349) boasts 2-beds and 1-bath, offering a spacious and inviting layout. Step inside to the bright, airy living room where the original hardwood floors begin and continue throughout the unit. The formal dining room features a charming bay window and leads to the kitchen with tiled countertops and ample cabinet space. Down the hall, you'll find a full bathroom with separate shower & tub and two bedrooms. A private back patio provides the perfect outdoor retreat, with access to the rear alley and a two-car garage with laundry. Perched next door, the second unit (3347) is 1-bed, 1-bath and currently tenant-occupied until August 17. This unit enjoys sweeping mountain and city views and features a private front patio, original hardwood flooring, tiled kitchen countertops, and large windows that flood the space with natural light. With close proximity to Griffith Park hiking trails, top-rated schools, and popular shops & restaurants, this property offers the rare opportunity to enjoy both lifestyle and investment benefits. Don't miss out on this great opportunity!
Last Agent to Sell the Property
Keller Williams Realty Brokerage Email: daveknightrealestate@gmail.com License #01829234 Listed on: 05/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,317
Year Built
- Built in 1938
Lot Details
- 3,625 Sq Ft Lot
- No Common Walls
- Wood Fence
- No Sprinklers
Parking
- 2 Car Garage
- Parking Available
Home Design
- Duplex
- Traditional Architecture
- Raised Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 1,715 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Gas Range
- Basement
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
Additional Features
- Rain Gutters
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 3
- Tax Tract Number 1882
- Assessor Parcel Number 5434003004
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $300
- Fuel Expense $300
- Gardener Expense $900
- Insurance Expense $2,336
- Maintenance Expense $3,000
- Other Expense $1,304
- Trash Expense $300
- Water Sewer Expense $300
- Operating Expense $8,740
- Gross Income $67,296
- Net Operating Income $42,046
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2025
Closed on
Aug 16, 2025
Sold by
Raasch Trust and Raasch Karen
Bought by
Mckenna Victoria and Paterek Austin
Seller's Agent
David Knight
Keller Williams Realty
Buyer's Agent
Daniel November
Keller Williams Realty Los Feliz
List Price
$1,200,000
Sold Price
$1,225,000
Premium/Discount to List
$25,000
2.08%
Views
170
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.18%
Original Mortgage
$625,000
Outstanding Balance
$625,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$612,964
Purchase Details
Closed on
Jan 8, 2016
Sold by
Raasch Karen Marie
Bought by
Raasch Karen and Karen Raasch Trust
Purchase Details
Closed on
Oct 1, 2009
Sold by
Raasch Karen Marie and Raasch Trust
Bought by
Raasch Karen Marie
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,225,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $625,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Sold | $1,225,000 | +2.1% | $714 / Sq Ft |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $1,200,000 | -- | $700 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax History Compared to Growth
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 | $1,317 | $90,647 | $42,137 | $48,510 |
| 2024 | $1,317 | $88,870 | $41,311 | $47,559 |
| 2023 | $1,296 | $87,128 | $40,501 | $46,627 |
| 2022 | $1,240 | $85,420 | $39,707 | $45,713 |
| 2021 | $1,216 | $83,746 | $38,929 | $44,817 |
| 2019 | $1,182 | $81,264 | $37,775 | $43,489 |
| 2018 | $1,124 | $79,672 | $37,035 | $42,637 |
| 2016 | $1,055 | $76,580 | $35,598 | $40,982 |
| 2015 | $1,041 | $75,431 | $35,064 | $40,367 |
| 2014 | $1,058 | $73,955 | $34,378 | $39,577 |
Source: Public Records
Agents Affiliated with this Home
-
David Knight
-
Daniel November
Buyer's Agent in 2025
Daniel November
Keller Williams Realty Los Feliz
(310) 308-1767
4 in this area
21 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-22387
APN: 5434-003-004
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