NOT LISTED FOR SALE

3900 La Salle Ave Los Angeles, CA 90062

Exposition Park Neighborhood

Estimated Value: $962,000 - $1,127,000

4 Beds
4 Baths
3,912 Sq Ft
$272/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $835,000 $213 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,606/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • Balcony
  • West Facing Home
  • Corner Lot

About This Home

As of October 2020

BEAUTIFUL CRAFTSMAN FOURPLEX BLOCKS FROM USC. Major fixer with some fire damage on one side of property. 4 large 1000ft 1 bed 1 bath units that could potentially be converted to 2 bed units. Maybe even convert into a fraternity house or student rental housing. Tons of potential. Very charming craftsman features and balconies. Large corner lot with detached garage and parking for at least 8 cars. Cash or Hard Money only.

Last Agent to Sell the Property

David Lantzman

Equity Los Angeles License #01897162 Listed on: 10/02/2020

Equity Los Angeles

Co-Listed By

Nedelle Torrisi

Equity Los Angeles License #02101465

Last Buyer's Agent

David Lantzman

Equity Los Angeles License #01897162 Listed on: 10/02/2020

Equity Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,047

Year Built

  • Built in 1913

Lot Details

  • 6,624 Sq Ft Lot
  • West Facing Home
  • Corner Lot

Home Design

  • Craftsman Architecture
  • Split Level Home
  • Fixer Upper

Interior Spaces

  • 3,912 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway

Additional Features

  • Balcony
  • Sewer in Street

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5036-023-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,047

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Multi/Split, Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3912
  • Lot Acreage: 0.1521
  • Property Condition: Fixer
  • Year Built: 1913
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 203.22

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony
  • Other Structures: Other
  • View: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Driveway
  • Total Parking: 8

Utilities

  • Sewer: In Street

Lot Info

  • Assessed Improvement Percent: 50.00
  • Assessed Improvement Value: 22362
  • Assessed Land Percent: 50
  • Assessed Land Value: 22362
  • Total Assessed Value: 44724
  • Assessor Parcel Number: 5036-023-012
  • Lot Location: Corner Lot
  • Lot Size Area: 6624

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 13.00
  • Number Of Units: 4
  • Total Annual Expense: 44160
  • Type Of Units: 1 bedroom
  • Vacancy Rate: 5%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2023
Sold by
Palma Kenneth
Bought by
Kens Living Trust
Current Estimated Value
$1,038,333

Purchase Details

Closed on
Oct 8, 2021
Sold by
Palma Investments Inc
Bought by
Palma Kenneth Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2020
Closed on
Oct 12, 2020
Sold by
Noalca Inc
Bought by
Palma Investments Inc
Seller's Agent
David Lantzman
Equity Los Angeles
Buyer's Agent
David Lantzman
Equity Los Angeles
List Price
$795,000
Sold Price
$835,000
Premium/Discount to List
$40,000
5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$843,750
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 2, 2020
Closed on
Sep 21, 2020
Sold by
Dennis Eddie Lee
Bought by
Nolaca Inc
Seller's Agent
David Lantzman
Equity Los Angeles
Buyer's Agent
David Lantzman
Equity Los Angeles
List Price
$795,000
Sold Price
$835,000
Premium/Discount to List
$40,000
5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,750
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2018
Sold by
Dennis Eddie Lee
Bought by
Dennis Eddie Lee

Purchase Details

Closed on
Aug 19, 2013
Sold by
Plummer Evelyn J
Bought by
Plummer Evelyn Johanna and Evelyn Johanna Plummer Revocable Trust
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
Kens Living Trust -- None Listed On Document
Palma Kenneth Dennis -- Lawyers Title
Palma Investments Inc $835,000 Lawyers Title
Nolaca Inc $600,000 Lawyers Title Company
Dennis Eddie Lee -- None Available
Plummer Evelyn Johanna -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palma Kenneth Dennis $862,000
Previous Owner Palma Investments Inc $843,750
Previous Owner Dennis Eddie Lee $25,000
Previous Owner Dennis Eddie Lee $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $835,000 +5.0% $213 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $795,000 -- $203 / 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 $11,047 $886,108 $848,966 $37,142
2024 $11,047 $868,734 $832,320 $36,414
2023 $10,843 $851,700 $816,000 $35,700
2022 $10,551 $851,700 $816,000 $35,700
2021 $10,405 $835,000 $800,000 $35,000
2020 $10,541 $836,400 $585,480 $250,920
2019 $10,151 $820,000 $574,000 $246,000
2018 $927 $45,618 $22,809 $22,809
2016 $846 $43,848 $21,924 $21,924
2015 $838 $43,190 $21,595 $21,595
2014 $870 $42,344 $21,172 $21,172
Source: Public Records

Agents Affiliated with this Home

  • David Lantzman

    Seller's Agent in 2020

    David Lantzman

    Equity Los Angeles

    (310) 877-1887

    1 in this area

    17 Total Sales

    Section Image

  • N

    Seller Co-Listing Agent in 2020

    Nedelle Torrisi

    Equity Los Angeles

See All Agents

Map

Source: The MLS

MLS Number: 20-641368

The MLS

APN: 5036-023-012

California Los Angeles County Los Angeles 90062 Exposition Park

3900 La Salle Ave, Los Angeles, CA

This home is located at 3900 La Salle Ave, Los Angeles, CA 90062 since 02 October 2020 and is currently estimated at $1,066,000, approximately $272 per square foot. This property was built in 1913. 3900 La Salle Ave is a home located in Los Angeles County with nearby schools including Martin Luther King Jr. Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior 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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