NOT LISTED FOR SALE

3761 3rd Ave Los Angeles, CA 90018

Leimert Park Neighborhood

Estimated Value: $819,000 - $888,000

3 Beds
2 Baths
1,178 Sq Ft
$717/Sq Ft Est. Value

Last Sold June 02, 2014

Last sale price $350,000 $297 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $5,037/month

73 Days on Market

About This Home

As of June 2014

VACANT ! VACANT ! VACANT ! This 2 unit property is vacant, updated and move in ready ! The units have been updated with fresh paint, new flooring, updated lighting and more. The exterior has been refreshed and has great curb appeal. This is a great property to live in one unit and collect rent on the other unit or for extended family. The possibilities are endless ! Located on a cul de sac, close to Expo rail line, schools and other local amenities. This is a must see to appreciate all it offers property !

Last Agent to Sell the Property

Cristina Warfield

Compass License #01823970 Listed on: 03/13/2014

Compass

Last Buyer's Agent

Gretta Sosine

Re/Max Associates License #01474188

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 1921

Lot Details

  • 4,359

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • 4,359 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5042-007-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,225

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1178
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven
  • Price Per S Q F T: 296.26

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 52020
  • Assessed Land Value: 156060
  • Assessor Parcel Number: 5042-007-019
  • Geocode Override: No
  • Lot Size Area: 4359

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Two on a lot
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2014
Closed on
Apr 24, 2014
Sold by
Sovereign Ventures Inc
Bought by
Carranza Jose L
Seller's Agent
Cristina Warfield
Compass
Buyer's Agent
Gretta Sosine
Re/Max Associates
List Price
$355,000
Sold Price
$350,000
Premium/Discount to List
-$5,000
-1.41%
Current Estimated Value
$844,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,501
Avg. Annual Appreciation
8.18%
Original Mortgage
$343,660
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2013
Sold by
Hayes Vanessa L
Bought by
Sovereign Ventures Inc

Purchase Details

Closed on
Aug 2, 2010
Sold by
Hayes Vanessa
Bought by
Walker Brian L

Purchase Details

Closed on
Aug 20, 2003
Sold by
Holmes Darryl and Green Holmes Coquese
Bought by
Hayes Vanessa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,168
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2002
Sold by
Johnson Lillian L
Bought by
Holmes Darryl and Green Holmes Coquese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Carranza Jose L $350,000 None Available
Sovereign Ventures Inc -- None Available
Walker Brian L -- None Available
Hayes Vanessa L $275,000 First American Title Co
Holmes Darryl $150,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carranza Jose L $390,000
Closed Carranza Jose L $384,615
Closed Carranza Jose L $343,660
Previous Owner Hayes Vanessa L $315,000
Previous Owner Hayes Vanessa L $265,168
Previous Owner Holmes Darryl $120,000
Closed Holmes Darryl $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2014 06/02/14 Sold $350,000 -1.4% $297 / Sq Ft
05/25/2014 05/25/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $355,000 -- $301 / 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 $5,225 $429,042 $306,461 $122,581
2024 $5,225 $420,630 $300,452 $120,178
2023 $5,128 $412,383 $294,561 $117,822
2022 $4,896 $404,298 $288,786 $115,512
2021 $4,830 $396,372 $283,124 $113,248
2020 $4,876 $392,308 $280,221 $112,087
2019 $4,686 $384,617 $274,727 $109,890
2018 $4,613 $377,077 $269,341 $107,736
2016 $4,405 $362,436 $258,883 $103,553
2015 $4,341 $356,993 $254,995 $101,998
2014 $3,308 $256,157 $180,817 $75,340
Source: Public Records

Agents Affiliated with this Home

  • Cristina Warfield

    Seller's Agent in 2014

    Cristina Warfield

    Compass

    (310) 429-5997

    2 in this area

    35 Total Sales

    Cristina Warfield
    Section Image

  • G

    Buyer's Agent in 2014

    Gretta Sosine

    Re/Max Associates

  • D

    Buyer's Agent in 2014

    Darlene Martinez

See All Agents

Map

Source: The MLS

MLS Number: 14-746123

The MLS

APN: 5042-007-019

California Los Angeles County Los Angeles 90018 Leimert Park

3761 3rd Ave, Los Angeles, CA

This home is located at 3761 3rd Ave, Los Angeles, CA 90018 since 13 March 2014 and is currently estimated at $844,501, approximately $716 per square foot. This property was built in 1921. 3761 3rd Ave is a home located in Los Angeles County with nearby schools including Tom Bradley Global Awareness Magnet School, Audubon Middle School, and Susan Miller Dorsey Senior High School.

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