NOT LISTED FOR SALE

3900 Nicolet Ave Los Angeles, CA 90008

Baldwin Hills Neighborhood
92 Beds
89 Baths
72,036 Sq Ft
66,163 Sq Ft Lot

Last Sold October 05, 2021

Last sale price $16,700,000 $232 Per Sq Ft

22 Days on Market

Highlights

  • Gated Parking
  • 1.52 Acre Lot
  • Garage

About This Home

As of October 2021

Court date is set. Agents please see private remarks for more information. 76-unit Apartment building with soft story retrofit completed. Unit mix is 60 1 bedrooms/1 bathrooms, 3 2 bedroom/1 bathroom, and 13 2 bedrooms/2 bathrooms. Building square footage is 72,036 situated on a 74,272 square foot lot. Located in the Baldwin Village neighborhood of South Los Angeles. Probate sale, court confirmation is required.

Last Agent to Sell the Property

Nancy Sanborn

Berkshire Hathaway HomeServices California Properties License #00771096 Listed on: 05/24/2021

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Brian Joy

Berkshire Hathaway HomeServices California Properties License #01324371

Last Buyer's Agent

Ardy Ishal

BRC Advisors- BH License #01769601

BRC Advisors- BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 1.52 Acre Lot

Interior Spaces

  • 72,036 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 92 Bedrooms
  • 89 Bathrooms

Parking

  • Garage
  • Gated Parking
  • Assigned Parking

Community Details

  • 2 Buildings
  • 76 Units

Listing and Financial Details

  • Assessor Parcel Number 5030-008-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

1.52 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 72036
  • Lot Acreage: 1.5189
  • Probate: Yes
  • Stories: 2
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 92
  • Total Bathrooms: 89.00
  • Price Per S Q F T: 213.20

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Garage, Gated

Lot Info

  • Assessed Improvement Percent: 77.82
  • Assessed Improvement Value: 624191
  • Assessed Land Percent: 22.18
  • Assessed Land Value: 351618
  • Total Assessed Value: 1585504
  • Assessor Parcel Number: 5030-008-006
  • Lot Size Area: 74272

Rental Info

  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.71
  • Number Of Units: 76
  • Type Of Units: Multi
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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
10/05/2021 10/05/21 Sold $16,700,000 +8.7% $232 / Sq Ft
06/24/2021 06/24/21 Price Changed $15,357,800 +28.0% $213 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $12,000,000 -- $167 / Sq Ft
Source: The MLS

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 $97,875 $7,823,755 $6,165,618 $1,658,137
2024 $100,126 $7,971,544 $6,254,884 $1,716,660
2023 $98,231 $7,815,240 $6,132,240 $1,683,000
2022 $93,763 $7,662,000 $6,012,000 $1,650,000
2021 $13,715 $808,287 $177,630 $630,657
2019 $13,398 $784,314 $172,362 $611,952
2018 $12,816 $768,936 $168,983 $599,953
2016 $11,893 $739,079 $162,422 $576,657
2015 $11,763 $727,979 $159,983 $567,996
2014 $12,070 $713,720 $156,850 $556,870
Source: Public Records

Agents Affiliated with this Home

  • Nancy Sanborn

    Seller's Agent in 2021

    Nancy Sanborn

    Berkshire Hathaway HomeServices California Properties

    (310) 777-7800

    6 in this area

    214 Total Sales

    Nancy Sanborn
    Section Image
  • Brian Joy

    Seller Co-Listing Agent in 2021

    Brian Joy

    Berkshire Hathaway HomeServices California Properties

    (818) 590-7303

    6 in this area

    200 Total Sales

    Brian Joy
    Section Image
  • Ardy Ishal

    Buyer's Agent in 2021

    Ardy Ishal

    BRC Advisors- BH

    (310) 433-2739

    3 in this area

    15 Total Sales

    Ardy Ishal
    Section Image
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Map

Source: The MLS

MLS Number: 21-734468

The MLS
California Los Angeles County Los Angeles 90008 Baldwin Hills

3900 Nicolet Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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