NOT LISTED FOR SALE

3517 Marmion Way Los Angeles, CA 90065

Cypress Park Neighborhood

Estimated Value: $943,000 - $1,187,807

3 Beds
1 Bath
1,622 Sq Ft
$658/Sq Ft Est. Value

Last Sold February 12, 2020

Last sale price $1,500,000 $925 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $6,587/month

125 Days on Market

Highlights

  • 16,526 Sq Ft lot
  • 3-minute walk to Heritage Square/Arroyo Station
  • Floor Furnace
  • Abraham Lincoln High School Rated A

About This Home

As of February 2020

Calling all Developers!! Where can you find a total of 16,526 sq. ft. of FLAT LAND? This is it!! 2-Great properties loaded with endless possibilities for an outstanding development opportunity. A total of 5-dwellings, Good Income: Over 100-k a year. Located in the up and coming area of Cypress Park adjacent to Mt. Washington in the heart of Northeast LA. Only minutes away from Staple Center, DTLA, Dodger Stadium, Hollywood and Los Feliz, Walking distance from the Gold Line. A quick short drive to Pasadena.

Last Agent to Sell the Property

Barbara E. Mahler

Re/Max Tri-City Realty License #00918199 Listed on: 06/19/2019

Re/Max Tri-City Realty

Last Buyer's Agent

Barbara E. Mahler

Re/Max Tri-City Realty License #00918199 Listed on: 06/19/2019

Re/Max Tri-City Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,425

Year Built

  • Built in 1890

Lot Details

  • 0.38

Parking

  • 7 Parking Spaces
  • Shared Driveway

Additional Features

  • Gas And Electric Dryer Hookup
  • 0.38 Acre Lot
  • Floor Furnace

Community Details

  • 5 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5446-023-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,425

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Year Built: 1890
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Shared Driveway
  • Total Parking: 7

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 71131
  • Assessed Land Value: 203720
  • Assessor Parcel Number: 5446-023-022
  • Geocode Override: No
  • Lot Size Area: 16526

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 14.84
  • Number Of Units: 6
  • Total Annual Expense: 1800
  • Type Of Units: BUNGALOW
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2019
Sold by
Visutsiri Judy
Bought by
Visutsiri Shawn
Current Estimated Value
$1,066,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$883,698
Interest Rate
3.74%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2019
Sold by
Ojeda Antonio and Ojeda Margarita
Bought by
Visutsiri Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$883,698
Interest Rate
3.74%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 1995
Sold by
Ojeda Antonio and Ojeda Margarita
Bought by
Ojeda Antonio and Ojeda Margarita
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Visutsiri Shawn -- First American Title Company
Visutsiri Shawn $900,000 First American Title Company
Ojeda Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Visutsiri Shawn $880,000
Previous Owner Visutsiri Shawn $883,698
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2020 02/12/20 Sold $1,500,000 +0.1% $925 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $1,499,000 -0.1% $924 / Sq Ft
08/02/2019 08/02/19 Off Market $1,500,000 -- --
06/19/2019 06/19/19 For Sale $1,499,000 -- $924 / Sq Ft
Source: The MLS

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 $9,425 $765,549 $612,440 $153,109
2024 $9,425 $750,539 $600,432 $150,107
2023 $9,247 $735,823 $588,659 $147,164
2022 $8,823 $721,396 $577,117 $144,279
2021 $8,715 $707,251 $565,801 $141,450
2020 $3,900 $291,671 $216,187 $75,484
2019 $3,758 $285,953 $211,949 $74,004
2018 $3,612 $280,347 $207,794 $72,553
2016 $3,443 $269,463 $199,726 $69,737
2015 $3,395 $265,416 $196,726 $68,690
2014 $3,419 $260,218 $192,873 $67,345
Source: Public Records

Agents Affiliated with this Home

  • Barbara E. Mahler

    Seller's Agent in 2020

    Barbara E. Mahler

    RE/MAX

    (323) 574-4330

    7 Total Sales

    Barbara E. Mahler
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Map

Source: The MLS

MLS Number: 19-474600

The MLS

APN: 5446-023-022

California Los Angeles County Los Angeles 90065 Cypress Park

3517 Marmion Way, Los Angeles, CA

This home is located at 3517 Marmion Way, Los Angeles, CA 90065 since 19 June 2019 and is currently estimated at $1,066,952, approximately $657 per square foot. This property was built in 1890. 3517 Marmion Way is a home located in Los Angeles County with nearby schools including Loreto Street Elementary School, Florence Nightingale Middle, and Benjamin Franklin High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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