3862 N Broadway Los Angeles, CA ^$ 697,000

3862 N Broadway

^$ 697,000

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Recently Listed

3862 N Broadway

Los Angeles, CA, 90031

^$ 697,000

Bedrooms1 Baths1.0 Sq 1,764

Monthly Estimate*

^$ 4,869

Listed by Greenpoint Real Estate Services

3862 N Broadway, Los Angeles, CA 90031 - Image 1

3862 N Broadway, Los Angeles, CA 90031 - Image 2

Multi-Family Home for sale in Los Angeles, CA

for $697,000 with 1 bedroom and 1 full bath. This 1,764 square foot home was built in 1922 on a lot size of 0.1376.

SOLD AS-IS. NO VACANCIES. This 3-unit multi-family property is a value-add opportunity in the heart of Los Angeles. Featuring one 2-bedroom, 1-bath detached unit and two 1-bedroom, 1-bath attached units. Units are all rented/occupied by long-term tenants (10+ years) on month-to-month terms. There may be opportunities for expansion through the addition of ADUs or adding square footage to existing units. Buyer to further investigate with the City of LA. There is a 2-car garage and common area that may allow space for this. Great opportunity to purchase an income-producing fixer that is centrally located with short distances to Downtown Los Angeles, Dodger Stadium, Pasadena, and Glendale to name a few. Property will be sold with tenants. Offering memorandum available upon request. DO NOT DISTURB OCCUPANTS. CALL FOR FURTHER INSTRUCTIONS or DETAILS.

Multi-Family Active

Price

^$ 697,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Triplex

Lot Size

0.1376

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW24084033

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling WallWindowUnits

Possession SeeRemarks

Roof Composition

Zoning LARD3

HOA 0.0

Garage Spaces 2.0

Pool Features None

Year Built 1922

View Hills

Stories 1

Levels One

Property SubType Triplex

Gross Income 35124.0

Community Features Sidewalks Urban

County Los Angeles

Net Operating Income 32284.0

Operating Expense 2840.0

Insurance Expense 1400.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions On N Broadway just west of N Mission Rd

City Los Angeles

Disclosures Easements RentControl

Entry Location Street

View Y/N Y

Senior Community Y/N N

Total Units 3

MLS Area 677 - Lincoln Hts

Lot Size Square Feet 5994.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 3

Street Name Broadway

Listing Terms CashtoNewLoan

Spa Features None

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Property Condition Fixer RepairsCosmetic

Trash Expense 240.0

Water Sewer Expense 1200.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 9

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 96

Total Actual Rent 2850.0

Property Sub Type Additional Triplex

Exterior

Parking Features Garage OnStreet

Lot Features FrontYard

Water Source Public

Total Parking 2.0

Lot Size Area 5994.0

Foundation Details Raised

Number of Buildings 2

Spa N

Building Area Total 1764.0

Lot Size Acres 0.1376

Road Surface Type Paved

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 1

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 3862

* Excluded Features

List By

Greenpoint Real Estate Services

Broker

(951) 833-1030

Phone

Affordability Calculator

$4,869

Per Month

Monthly Principal & Interest: $4,869
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,002,342

Percent of Sale Price 187%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/27/2024	$669,900		Listed Price

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3862 N Broadway, Los Angeles, CA, 90031 is a Multi-Family Home for sale at $697,000 with 1,764 sqft and a lot size of 0.1376. 3862 N Broadway has 1 bedrooms, 1.0 baths, and was built in 1922. The property's zip code is 90031 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/10/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3862 N Broadway

Multi-Family Home for sale in Los Angeles, CA

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