3685 3rd Ave., Los Angeles, CA 90018 - RS23083371 - iPro Real Estate

3685 3rd Ave.
Los Angeles, CA 90018

Active, Single-Family Sale

For Sale

$1,199,000 $683.19 per sqft

Free Professional CMA

Listing ID : RS23083371

  • Beds

    4
  • Baths

    3/0
  • Garage

    1
  • Structure / Lot Size

    1,755 Sqft / 5,797 Sqft
  • Year

    1925

Description

Live in one and rent the other! This property offers a unique opportunity with a separate back unit situated above the garage, spanning approximately 400 sqft. The back unit features a full bathroom, a fully equipped kitchen, a cozy bedroom, and a comfortable living area. Currently, this unit generates a solid income of $3,000 per month with consistently low vacancy rates through Airbnb. The front unit, a charming Craftsman bungalow, boasts three bedrooms and two bathrooms. It underwent significant updates in 2018, resulting in a modern and stylish interior. Its authentic appeal is captured beautifully in the provided picture. Whether you choose to reside in the back unit and lease the front, or vice versa, the flexible layout of this property allows for versatile living arrangements. Both units are tastefully furnished and listed on Airbnb on a monthly basis, providing an additional stream of income. The property's electrical, plumbing, HVAC system, and water heater have been recently updated, ensuring a comfortable living environment. Furthermore, a new roof was installed in 2019, offering peace of mind to the new owner. Conveniently located, this property provides easy access to the 10 Freeway, Expo Line, Culver City, Downtown Los Angeles, and nearby beaches. You'll have the opportunity to embrace the charm of the West Adams/Jefferson Park neighborhood, witness ongoing development along Crenshaw, and be in close proximity to USC/Expo Park. The central location presents endless possibilities for entertainment, work, and leisure. Whether you're seeking a property where the

Details

Type: Single-Family Sale 
County: Los Angeles 
Tax ID: 5042006022
Building Size: 1,755 SqFt 
Days on Market: 23 
Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Gas Oven, Gas Cooktop, Gas Range 
Entry Level: 1 
Heating: Forced Air 
Parking Spaces: 1 
Property Type: Residential Sale 
Roof: Shingle 
Sewer: Public Sewer 
Sub Type: Detached 
Zoning: LAR1 

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Interactive

34.020462 -118.320404 $1,199,000 RS23083371
3685 3rd Ave., Los Angeles, CA 90018
Directions to here from:

Area Information 90018

Population:

48,176 -0.03% since 2010
Average Income:
$81,709
Average Age:
34Years
Gender:
48.42%Male
51.58%Female
Households:
15,65933.86% with children
Average Value:
$961,513
Occupancy:
31.45%Owned
68.55%Rented
5.57%Vacant
Education:
23.27%High School
5.51%Associate
16.74%Bachelor
7.24%Graduate
Average Residency:
20Years
Crime Rate:
Above Average
Annual Rainfall:
14.51Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Tax Assessments

Value

  • Land $700,000
  • Improvements $375,000

  • Total $1,075,000

Property Tax

  • 2022 $12,882

History

Date Transaction Price Mortgage Amt & Lender
Date
May 31, 2023
Transaction
Active - ResidentialRS23083371
Price
$1,199,000
Mortgage Amt & Lender
- -
Date
Jan 01, 2023
Transaction
Expired - Residential LeaseRS21232403
Price
$5,250
Mortgage Amt & Lender
- -
Date
Oct 01, 2021
Transaction
Sold - Residential21-771660
Price
$1,075,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Lance Kim with Paradise Realty