NOT LISTED FOR SALE

3538 London St Los Angeles, CA 90026

Estimated Value: $1,321,000 - $1,536,000

5 Beds
3 Baths
2,258 Sq Ft
$620/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $1,200,000 $531 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,715/month

7 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Laundry Room
  • John Marshall Senior High Rated A
  • Cooling System Mounted To A Wall/Window
  • Bike Trail

About This Home

As of June 2023

Best price around for a 2 on 1!! First time on the market in 38 years!! Rare opportunity in this centrally located Silver Lake neighborhood with easy access to Sunset Blvd, Korea Town, Silver Lake Reservoir, Hollywood, downtown LA, and much more! Two units with a total of 2258 square feet of living space. The front unit has 3 bedrooms and 2 baths. The back unit has 2 bedrooms and 1 bath. The property includes a 2 car garage with laundry hook ups. This is a great investment property - live in one unit and rent the other! Shopping, entertainment and freeway access are close by! Property is zoned LAR3 which provides nice investment opportunities and possibilities.

Last Agent to Sell the Property

Bill Hays

Select California Homes License #01775528 Listed on: 03/09/2023

Last Buyer's Agent

Garrett Crosby

eXp Realty of California Inc License #02162394

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,055

Year Built

  • Built in 1913

Lot Details

  • 4,761 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 2,258 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 19 / 8
  • Tax Tract Number 13
  • Assessor Parcel Number 5401010019

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,055

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5401010019
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2258.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 531.44
  • Room Type: Family Room, Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Storm Drains, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4761.00
  • Lot Size Acres: 0.1093

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4761.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 1959.03
  • Tax Lot: 19
  • Tax Tract Number: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 10, 2023
Sold by
Derosales Norma
Bought by
Derosales Benjamin
Seller's Agent
Bill Hays
Select California Homes
Buyer's Agent
Garrett Crosby
eXp Realty of California Inc
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%
Views
60
Current Estimated Value
$1,400,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,126
Avg. Annual Appreciation
5.15%
Original Mortgage
$1,178,265
Outstanding Balance
$1,148,007
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$198,769

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 9, 2023
Sold by
Derosales Wilhelmina
Bought by
Derosales Roberto L
Seller's Agent
Bill Hays
Select California Homes
Buyer's Agent
Garrett Crosby
eXp Realty of California Inc
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,178,265
Outstanding Balance
$1,148,007
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$198,769

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 8, 2023
Sold by
Abante Severino
Bought by
Abante Lina D
Seller's Agent
Bill Hays
Select California Homes
Buyer's Agent
Garrett Crosby
eXp Realty of California Inc
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,178,265
Outstanding Balance
$1,148,007
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$198,769

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 4, 2023
Sold by
Mangubat Arthur
Bought by
Mangubat Ledsema
Seller's Agent
Bill Hays
Select California Homes
Buyer's Agent
Garrett Crosby
eXp Realty of California Inc
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,178,265
Outstanding Balance
$1,148,007
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$198,769

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 3, 2023
Sold by
Derosales Ildefonso and Derosales Tessie
Bought by
Kim Michelle
Seller's Agent
Bill Hays
Select California Homes
Buyer's Agent
Garrett Crosby
eXp Realty of California Inc
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,178,265
Outstanding Balance
$1,148,007
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$198,769

Purchase Details

Closed on
Oct 30, 2006
Sold by
Derosales Ildefonso L and De Rosales Tessie A
Bought by
Derosales Ildefonso L

Purchase Details

Closed on
Jun 29, 1998
Sold by
Derosales Roberto L
Bought by
Derosales Ildefonso L

Purchase Details

Closed on
Aug 9, 1995
Sold by
Derosales Ledesma L
Bought by
Delrosales Roberto L

Purchase Details

Closed on
Aug 8, 1995
Sold by
Derosales Baby Belen
Bought by
Derosales Robert L

Purchase Details

Closed on
Apr 4, 1995
Sold by
Derosales Benjamin L
Bought by
Derosales Roberto L

Purchase Details

Closed on
Mar 24, 1995
Sold by
Derosales Ginia R
Bought by
Derosales Roberto L

Purchase Details

Closed on
Nov 7, 1994
Sold by
Derosales Ildefonso L and Derosales Tessie A
Bought by
Derosales Roberto L

Purchase Details

Closed on
Sep 19, 1994
Sold by
Derosales Ildefonso L and Derosales Tessie A
Bought by
Derosales Ildefonso L
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
Derosales Benjamin -- Fidelity National Title
Derosales Roberto L -- Fidelity National Title
Abante Lina D -- Fidelity National Title
Mangubat Ledsema -- Fidelity National Title
Palmiano Lucette -- Fidelity National Title
Kim Michelle $1,200,000 Fidelity National Title
Derosales Ildefonso L -- None Available
Derosales Ildefonso L -- --
Delrosales Roberto L -- --
Derosales Robert L -- --
Derosales Roberto L -- --
Derosales Roberto L -- --
Derosales Roberto L -- --
Derosales Ildefonso L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Michelle $1,178,265
Previous Owner Derosales Ildefonso L $190,000
Previous Owner Derosales Ildefonso L $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $1,200,000 +4.3% $531 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $1,150,000 -- $509 / 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 $15,055 $1,248,480 $905,148 $343,332
2024 $15,055 $1,224,000 $887,400 $336,600
2023 $4,237 $322,272 $214,854 $107,418
2022 $4,047 $315,954 $210,642 $105,312
2021 $3,988 $309,760 $206,512 $103,248
2020 $4,023 $306,585 $204,395 $102,190
2019 $3,873 $300,575 $200,388 $100,187
2018 $3,779 $294,682 $196,459 $98,223
2016 $3,593 $283,241 $188,831 $94,410
2015 $3,542 $278,987 $185,995 $92,992
2014 $3,566 $273,523 $182,352 $91,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: ND23039773

California Regional Multiple Listing Service (CRMLS)

APN: 5401-010-019