NOT LISTED FOR SALE

3425 Thorpe Ave Los Angeles, CA 90065

Cypress Park Neighborhood

Estimated Value: $768,000 - $1,270,765

3 Beds
2 Baths
1,456 Sq Ft
$689/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $712,500 $489 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,426/month

60 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted To A Wall/Window
  • Bungalow
  • Abraham Lincoln High School Rated A
  • Laundry Room
  • Awning

About This Home

As of June 2022

Investment opportunity or owner-users wanting supplemental income. This duplex is conveniently located to DTLA, Highland Park, Glassell Park and the LA River. Easy freeway access to all the hottest eateries and shops. Larger unit has 2 beds 1 bath. Smaller unit has1 bed 1 bath. Great potential with a little imagination! PLEASE DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Derek Luczyski

COMPASS License #02013191 Listed on: 03/16/2022

COMPASS

Co-Listed By

Michelle Chan

COMPASS License #02013197

Last Buyer's Agent

Dylan Tate

Real Estate eBroker Inc. License #01932171

Real Estate eBroker Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,621

Year Built

  • Built in 1908

Lot Details

  • 5,603 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • West Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Rectangular Lot
  • No Sprinklers
  • Back and Front Yard

Home Design

  • Duplex
  • Bungalow
  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,456 Sq Ft Home
  • Awning

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • Parking Available
  • On-Street Parking

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number 5453025008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,621

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5453025008
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 532.28

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Near Public Transit, Sprinklers None, Rectangular Lot, Front Yard
  • Lot Size Sq Ft: 5603.00
  • Lot Size Acres: 0.1286

Multi Family

  • Lot Size Area: 5603.0000 Square Feet
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Thomas Welch Living Trust
Bought by
Whiddon Steven Derrel
Current Estimated Value
$1,003,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,757
Outstanding Balance
$890,704
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$70,855

Purchase Details

Closed on
Jun 16, 2005
Sold by
Porras Joe
Bought by
Porras Joe and The Joe Porras Trust Of 2005
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
Whiddon Steven Derrel $933,000 Chicago Title Company
Porras Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whiddon Steven Derrel $915,757
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $712,500 -8.1% $489 / Sq Ft
05/12/2022 05/12/22 For Sale $775,000 +8.8% $532 / Sq Ft
03/16/2022 03/16/22 Off Market $712,500 -- --
03/16/2022 03/16/22 For Sale $775,000 -- $532 / Sq Ft
Source: Pasadena-Foothills 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 $11,621 $970,693 $762,613 $208,080
2024 $11,621 $951,660 $747,660 $204,000
2023 $11,478 $933,000 $733,000 $200,000
2022 $774 $42,221 $28,155 $14,066
2021 $757 $41,394 $27,603 $13,791
2020 $759 $40,970 $27,320 $13,650
2019 $740 $40,168 $26,785 $13,383
2018 $687 $39,381 $26,260 $13,121
2016 $642 $37,854 $25,242 $12,612
2015 $635 $37,286 $24,863 $12,423
2014 $652 $36,556 $24,376 $12,180
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Derek Luczyski

    COMPASS

    (213) 359-1121

    1 in this area

    30 Total Sales

    Derek Luczyski
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Michelle Chan

    COMPASS

    (310) 775-3423

    1 in this area

    26 Total Sales

    Michelle Chan
    Section Image

  • D

    Buyer's Agent in 2022

    Dylan Tate

    Real Estate eBroker Inc.

    (760) 722-3222

    2 in this area

    3 Total Sales

    Dylan Tate
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-8672

Pasadena-Foothills Association of REALTORS®

APN: 5453-025-008

California Los Angeles County Los Angeles 90065 Cypress Park

3425 Thorpe Ave, Los Angeles, CA

This home is located at 3425 Thorpe Ave, Los Angeles, CA 90065 since 16 March 2022 and is currently estimated at $1,003,691, approximately $689 per square foot. This property was built in 1908. 3425 Thorpe Ave 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.

Pasadena-Foothills 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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