NOT LISTED FOR SALE

3501 Lifur Ave Los Angeles, CA 90032

El Sereno Neighborhood

Estimated Value: $958,000 - $1,138,000

7 Beds
6 Baths
2,865 Sq Ft
$366/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $885,000 $309 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,487/month

31 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Laundry Room
  • Abraham Lincoln High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of May 2021

This home is located at 3501 Lifur Ave, Los Angeles, CA 90032 since 07 March 2021 and is currently estimated at $1,048,982, approximately $366 per square foot. This property was built in 1924. 3501 Lifur Ave is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, El Sereno Middle School, and Woodrow Wilson Senior High.

Last Agent to Sell the Property

Mike Chou

K.W. EXECUTIVE License #01852861 Listed on: 03/07/2021

K.W. EXECUTIVE

Last Buyer's Agent

Walter Castillo

Coldwell Banker Realty License #01141632

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,828

Year Built

  • Built in 1924

Lot Details

  • 7,505 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping

Parking

  • 2 Car Garage

Home Design

  • 2,865 Sq Ft Home
  • Property Attached

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Utilities

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

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 27 / H
  • Tax Tract Number 27
  • Assessor Parcel Number 5219017029

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Maintenance Expense $1,500
  • Other Expense $2,500
  • Trash Expense $500
  • Water Sewer Expense $1,500
  • Operating Expense $7,500
  • Gross Income $43,944
  • Net Operating Income $36,444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,828

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LAR2
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5219017029
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 308.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, No Landscaping
  • Lot Size Sq Ft: 7505.00
  • Lot Size Acres: 0.1723

Multi Family

  • Gross Income: 43944.00
  • Gross Scheduled Income: 43944.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7505.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 36444.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Operating Expense: 7500.00
  • Other Expense: 2500.00
  • Other Expense Description: Taxes
  • Rent Control: Yes
  • Total Expenses: 7500.00

Tax Info

  • Tax Block: H
  • Tax Census Tract: 2015.01
  • Tax Lot: 27
  • Tax Tract Number: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2011
Sold by
Chew David Nay Kwai and Chew Trust
Bought by
Chew David Nay Kwai and David Nay Kwai Chew Family Tru
Current Estimated Value
$1,048,982
Source: Public Records

Range of Values:

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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
Chew David Nay Kwai -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $885,000 -1.4% $309 / Sq Ft
03/07/2021 03/07/21 For Sale $898,000 -- $313 / 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 $11,828 $957,952 $541,216 $416,736
2024 $11,828 $939,169 $530,604 $408,565
2023 $11,604 $920,754 $520,200 $400,554
2022 $11,075 $902,700 $510,000 $392,700
2021 $2,450 $163,173 $42,874 $120,299
2020 $2,466 $161,501 $42,435 $119,066
2019 $2,387 $158,335 $41,603 $116,732
2018 $2,230 $155,232 $40,788 $114,444
2016 $2,106 $149,205 $39,205 $110,000
2015 $2,079 $146,965 $38,617 $108,348
2014 $2,107 $144,087 $37,861 $106,226
Source: Public Records

Agents Affiliated with this Home

  • Mike Chou

    Seller's Agent in 2021

    Mike Chou

    K.W. EXECUTIVE

    (626) 653-6903

    1 in this area

    193 Total Sales

    Mike Chou
    Section Image
  • Walter Castillo

    Buyer's Agent in 2021

    Walter Castillo

    Coldwell Banker Realty

    (213) 792-0940

    2 in this area

    18 Total Sales

    Walter Castillo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21047942

California Regional Multiple Listing Service (CRMLS)

APN: 5219-017-029

California Los Angeles County Los Angeles 90032 El Sereno

3501 Lifur Ave, Los Angeles, CA

This home is located at 3501 Lifur Ave, Los Angeles, CA 90032 since 07 March 2021 and is currently estimated at $1,048,982, approximately $366 per square foot. This property was built in 1924. 3501 Lifur Ave is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, El Sereno Middle School, and Woodrow Wilson Senior High.

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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