Seller's Agent in 2022
Larson Harley
Lyon Stahl Investment Real Estate, Inc.
(323) 319-4696
1 in this area
20 Total Sales
3800 S Grand Ave Los Angeles, CA 90037
Historic South Central NeighborhoodEstimated Value: $2,791,487
5
Beds
--
Bath
12,732
Sq Ft
$219/Sq Ft
Est. Value
About This Home
As of December 2022Welcome to 3800 Grand Ave – your vibrant new home in the heart of Los Angeles! Nestled within the secure confines of USC's DPS zone, this charming studio has undergone a meticulous renovation to offer you the ultimate urban living experience. Just a stone's throw away from the bustling USC campus, and within walking distance to the cultural delights at Mercado La Paloma, you are perfectly positioned to immerse yourself in the dynamic LA lifestyle.
Prime Location: Situated tantalizingly close to Downtown LA, and with USC right on your doorstep, 3800 Grand Ave places you in the epicenter of excitement and convenience. Need to do some quick shopping? Trader Joe's and Target are conveniently located nearby to cater to all your needs. Ideal for students, young professionals, and anyone who desires to live in the pulse of the city, this is urban living at its finest.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #02045736 Listed on: 10/17/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $31,174
Year Built
- Built in 1925
Lot Details
- 7,260 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Home Design
- Property Attached
Interior Spaces
- 5 Bedrooms
- 12,732 Sq Ft Home
- 2-Story Property
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 4 / 9
- Tax Tract Number 2311
- Assessor Parcel Number 5122027002
- $1,713 per year additional tax assessments
Community Details
Overview
- 15 Units
Building Details
- 15 Leased Units
- Rent Control
- 15 Separate Electric Meters
- 15 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $5,093
- Maintenance Expense $6,831
- Other Expense $12,000
- Professional Management Expense $11,384
- New Taxes Expense $30,851
- Operating Expense $67,359
- Gross Income $227,688
- Net Operating Income $148,944
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2022
Closed on
Oct 31, 2022
Sold by
Grand Avenue Llc
Bought by
Grand Avenue Llc
Seller's Agent
Larson Harley
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,500,000
Sold Price
$2,406,025
Premium/Discount to List
-$93,975
-3.76%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,462
Avg. Annual Appreciation
5.17%
Original Mortgage
$1,461,615
Outstanding Balance
$1,423,528
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,322,064
Purchase Details
Closed on
Jul 10, 2019
Sold by
Kim Jenny
Bought by
Grand Avenue Llc
Purchase Details
Closed on
Mar 2, 2017
Sold by
Roshani Arasb S
Bought by
Kim Jenny
Purchase Details
Closed on
Aug 31, 2016
Sold by
Sogo Hotel Llc
Bought by
Bates Michael and Kim Jenny
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 28, 2007
Sold by
Suzuki Shirley M
Bought by
Roshani Arasb S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 10, 2007
Sold by
Williams Eugene M and Williams Jean E
Bought by
Sogo Hotel Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.4%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grand Avenue Llc | $2,406,500 | First American Title | |
| Grand Avenue Llc | -- | None Available | |
| Kim Jenny | $303,000 | First American Title Company | |
| Kim Jenny | -- | First American Title Company | |
| Bates Michael | -- | Fidelity National Title Co | |
| Roshani Arasb S | -- | Chicago Title Co | |
| Sogo Hotel Llc | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grand Avenue Llc | $1,461,615 | |
| Previous Owner | Bates Michael | $97,500 | |
| Previous Owner | Kim Jenny | $1,200,000 | |
| Previous Owner | Kim Jenny | $1,050,000 | |
| Previous Owner | Sogo Hotel Llc | $350,000 | |
| Previous Owner | Sogo Hotel Llc | $744,000 | |
| Previous Owner | Willims Jean E | $325,000 | |
| Previous Owner | Sogo Hotel Llc | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2023 11/07/23 | Price Changed | $1,462 | +32.9% | $3 / Sq Ft |
| 10/31/2023 10/31/23 | For Rent | $1,100 | 0.0% | -- |
| 06/21/2023 06/21/23 | For Rent | $1,100 | 0.0% | -- |
| 12/08/2022 12/08/22 | Sold | $2,406,025 | -3.8% | $189 / Sq Ft |
| 11/02/2022 11/02/22 | Pending | -- | -- | -- |
| 10/17/2022 10/17/22 | For Sale | $2,500,000 | -- | $196 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $31,174 | $2,454,145 | $739,500 | $1,714,645 |
| 2023 | $30,589 | $2,406,025 | $725,000 | $1,681,025 |
| 2022 | $26,187 | $2,099,796 | $612,440 | $1,487,356 |
| 2021 | $25,810 | $2,058,625 | $600,432 | $1,458,193 |
| 2020 | $26,055 | $2,037,518 | $594,276 | $1,443,242 |
| 2019 | $25,060 | $1,997,568 | $582,624 | $1,414,944 |
| 2018 | $24,874 | $1,958,400 | $571,200 | $1,387,200 |
| 2016 | $12,173 | $919,837 | $443,829 | $476,008 |
| 2015 | $12,010 | $906,021 | $437,163 | $468,858 |
| 2014 | -- | $888,274 | $428,600 | $459,674 |
Source: Public Records
Agents Affiliated with this Home
-
Larson Harley
-
NoEmail NoEmail
N
Buyer's Agent in 2022
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,732 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22224018
APN: 5122-027-002
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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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