NOT LISTED FOR SALE

3517 S Sepulveda Blvd Los Angeles, CA 90034

Palms Neighborhood
8 Beds
5 Baths
4,378 Sq Ft
6,008 Sq Ft Lot

Last Sold August 05, 2019

Last sale price $1,500,000 $343 Per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Front Yard
  • Venice High School Rated A

About This Home

As of August 2019

Sepulveda Apartments is a well maintained 5-unit apartment complex located in West Los Angeles,California. Set amid lush surroundings on a 6,007 square foot lot, the 4,378 square foot property offers one- and two bedroom apartments homes. Built in 1953, the property has an excellent rental location and superb freeway access.

Last Agent to Sell the Property

Warren Berzack

Warren Lee Berzack License #01329015 Listed on: 05/01/2019

Warren Lee Berzack

Last Buyer's Agent

Jill Fischer

The ONE Luxury Properties License #00907458

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,008 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 4,378 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 1 Open Parking Space
  • 6 Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 1890
  • Assessor Parcel Number 4252004003

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Fuel Expense $1,000
  • Gardener Expense $2,136
  • Insurance Expense $1,518
  • Maintenance Expense $6,567
  • Pest Control $784
  • Trash Expense $1,618
  • Water Sewer Expense $3,453
  • New Taxes Expense $17,400
  • Operating Expense $35,815
  • Gross Income $76,296
  • Net Operating Income $38,462

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • CapRate: 2.65
  • Property Attached: Yes
  • Water Sewer Expenses: 3453.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Gardener Expense: 2136.00
  • Parcel Number: 4252004003
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 342.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 784.00
  • Sewer: Public Sewer
  • Trash Expense: 1618.00
  • Water Source: Public

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: Front Yard
  • Lot Size Sq Ft: 6008.00
  • Lot Size Acres: 0.1379

Multi Family

  • Electric Expense: 1000.00
  • Fuel Expense: 1000.00
  • Gross Income: 76296.00
  • Gross Multiplier: 18.94
  • Gross Operating Income: 74277.00
  • Gross Scheduled Income: 76574.00
  • Insurance Expense: 1518.00
  • Lot Size Area: 6008.0000 Square Feet
  • Maintenance Expense: 6567.00
  • Net Operating Income: 38462.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 35815.00
  • Rent Control: Yes
  • Total Expenses: 35815.00

Tax Info

  • New Taxes Expense: 17400.00
  • Tax Census Tract: 2718.01
  • Tax Lot: 3
  • Tax Tract Number: 1890

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

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2019 08/05/19 Sold $1,500,000 +3.4% $343 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $1,450,000 -- $331 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Warren Berzack

    Seller's Agent in 2019

    Warren Berzack

    Warren Lee Berzack

    (818) 986-9800

    1 in this area

    20 Total Sales

    Warren Berzack
    Section Image
  • Jill Fischer

    Buyer's Agent in 2019

    Jill Fischer

    The ONE Luxury Properties

    (818) 231-9207

    72 Total Sales

    Jill Fischer
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19101367

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90034 Palms

3517 S Sepulveda Blvd, Los Angeles, CA

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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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