Seller's Agent in 2022
Julio Midolo
RE/MAX
(818) 974-1797
2 in this area
89 Total Sales
3951 S Broadway Los Angeles, CA 90037
Historic South Central Neighborhood
5
Beds
4
Baths
3,992
Sq Ft
7,729
Sq Ft Lot
Highlights
- Laundry Room
- Bike Trail
- Back and Front Yard
About This Home
As of April 2022CALLING ALL BUYERS AND INVESTORS!! LOCATION ,LOCATION,LOCATION.
THIS IS A GREAT INVESTMENT OPPORTUNITY! Property consists of 4 UNITS that are centrally located in one of Los Angeles's most sought out areas. This standard sale carries great tenants and strong rents. Two of the four units were remodeled a few years back with $80,000 in owner upgrades. Two of the units contain 3 bedrooms and 2 bathrooms. The other two units are huge 1 bedrooms and one bath and are in good condition. The property sits on a 7000 sq. foot lot, with a permitted kitchen facility room in back of the units.
With the LA Coliseum, BANC OF CALIFORNIA SOCCER STADIUM, and USC campus very close by, this location is a gem. The property is LESS THAN 6 MINUTES AWAY from DOWNTOWN LOS ANGELES, and 15 minutes from the New SOFI RAMS STADIUM. There has been a lot of construction and developments in the surrounding area.
This property will not last. Make an offer today, and let's get this opportunity into your portfolio.
Buyer to satisfy themselves as it pertains to bedroom, bathroom, square feet, lot size, and permits as they pertain to the property as part of their due diligence.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 7,729 Sq Ft Lot
- Two or More Common Walls
- Back and Front Yard
- Density is up to 1 Unit/Acre
Parking
- On-Street Parking
Home Design
- 3,992 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 11 / 10
- Assessor Parcel Number 5122045010
- $1,003 per year additional tax assessments
Community Details
Overview
- 4 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,324
- Water Sewer Expense $4,257
- Operating Expense $6,381
- Gross Income $75,060
- Net Operating Income $69,000
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2022 04/29/22 | Sold | $1,100,000 | +0.1% | $276 / Sq Ft |
| 04/09/2022 04/09/22 | Pending | -- | -- | -- |
| 03/28/2022 03/28/22 | For Sale | $1,099,000 | +119.8% | $275 / Sq Ft |
| 05/09/2014 05/09/14 | Sold | $500,000 | -1.0% | $125 / Sq Ft |
| 11/24/2013 11/24/13 | Pending | -- | -- | -- |
| 10/14/2013 10/14/13 | For Sale | $505,000 | -- | $127 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Jose Gomez
RE/MAX
(714) 232-5641
1 in this area
49 Total Sales
-
Seller's Agent in 2014
Andrea Jimenez
eXp Realty of California Inc.
(213) 760-7051
17 Total Sales
-
Buyer Co-Listing Agent in 2014
Yolanda Hidalgo
Berkshire Hathaway Home Services California Properties
(562) 756-5309
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW22061285
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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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