3319 Primera Avenue

Los Angeles, CA 90068

$1,379,000
Price
4
Beds
4
Baths
1,764 Sq. Ft.
$782 / Sq. Ft.
1,764
Sq. Ft.
$782
per Sq. Ft.

Description

Priced to sell! Experience the allure of Old Hollywood Hills and the magical feel of living on Primera Avenue! Located in the heart of Hollywood, this enchanting property is ideally located near studios, and the city's finest restaurants, shopping, and entertainment. With Hollywood's bustling energy just steps away, the new owners will revel in the convenience of city living, while enjoying the privacy and serenity of their own oasis. This unique building was originally built in 1936 and has since...Priced to sell! Experience the allure of Old Hollywood Hills and the magical feel of living on Primera Avenue! Located in the heart of Hollywood, this enchanting property is ideally located near studios, and the city's finest restaurants, shopping, and entertainment. With Hollywood's bustling energy just steps away, the new owners will revel in the convenience of city living, while enjoying the privacy and serenity of their own oasis. This unique building was originally built in 1936 and has since been renovated into a triplex, creating a spacious 2BR + 2BA Owner's Unit, an additional 2BR + 1BA, and a cozy studio. The Owner's unit (2+2) became available on March 1, 2024. The other two units are leased and bringing in generous monthly income. The Owner's Suite is complete with Old Hollywood period accents, hardwood floors, and high ceilings that exude timeless elegance. The step-down living room with a fireplace provides a warm and inviting ambiance and a front deck outside the living room offers panoramic views, the perfect setting for sipping coffee, morning yoga, or enjoying a good book. If you are a high-powered Executive, go about your daily work from a comfortable natural office space. Feel the breezes, while making deals, relaxing on your overstuffed rattan sofa, doing it YOUR way! The beautiful gourmet granite kitchen and recessed lighting provide modern convenience, while the spacious master bedroom with and bath offer a sanctuary of comfort and privacy. Enter from the street through lush gardens into a large private patio with a fireplace that is waiting for the right host to entertain family and friends and create new memories. This property is a rare find in this area and the current owners are waiting to pass the torch to the next generation as they prepare for retirement. Take advantage of this opportunity and contact us to schedule a showing to get you on your way to owning a property that earns monthly income to make your life easier! The two leases are month-to-month, and both are under 10 years, making it possible to pursue owner occupancy on the lower end of the relocation fee scale through direct new owner-tenant negotiation, abiding by LA's RSO guidelines to properly relocate the tenant. Shown with Accepted Offer or LOI + Proof of Funds, and 24-HOUR NOTICE. Owner's unit will be delivered vacant Building Subject to LA Rent Control, RSO.
  1. Listed by Rachelle Cano • DRE #01995061 • Brokerage DRE #01162621 • Plush Home Int'l Realty
  2. Listed by Joseph Schiro • DRE #01162621 • Brokerage DRE #01162621 • Plush Home Int'l Realty

Property Details for 3319 Primera Avenue

Zoning
LAR2
Style
Bungalow
Parcel Number
5579019020
Total Units
3.0
Living Area
1764
Source Living Area
Assessor
Area
Hollywood Hills East (C30)
Vacancy Rate
0

Location

Listing Courtesy of Plush Home Int'l Realty, Rachelle Cano, DRE #01995061; Plush Home Int'l Realty, Joseph Schiro, DRE #01162621
Add your commute
LISTING UPDATED: 04/22/2024 10:50 AM

Property Details for 3319 Primera Avenue

StatusActive
MLS #23-331045
Days on Market167
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1936
Lot Size0.14 AC / 6,258 SF
CountyLos Angeles County

Location

Listing Courtesy of Plush Home Int'l Realty, Rachelle Cano, DRE #01995061; Plush Home Int'l Realty, Joseph Schiro, DRE #01162621
Add your commute

Building Information for 3319 Primera Avenue

Stories2Residences-Year Built1936Building Size-Lot Size0.14 AC / 6,258 SF

Payment Calculator

$8,280 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,526

Property Taxes

$754

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3319 Primera Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Triplex
  • View: Yes
  • View Description: Canyon, Tree Top
  • View: Canyon
  • Property Condition: Updated/Remodeled
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $95,724
  • Net Operating Income: $56,985.00
  • Gross Income: $95,724
  • Cap Rate: 3.80%
  • Gross Rent Multiplier: $14.61
  • Actual Annual Gross Rent: $95,724.00
  • Actual Gross Annual Income: $95,724
  • Actual Rent Total: $95,724.00
  • Financial Info as Of: 12/28/2023
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 38739
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1437
  • Lot Size Square Feet: 6258
  • Lot Description: Fenced
  • Lot Location: Hillside
Parking Details
Parking Details
  • Parking Garage: Carport, Covered Parking
  • Total Parking: 4
  • Covered Parking: 2
  • Open Other Spaces Total: 2
  • Carport Spaces Total: 4
  • Parking Features: Carport, Covered
Interior Features
Interior Features
  • Room Type: Primary Bathroom, Living Room
  • Rooms: Breakfast Area, Den/Office, Dining Area, Master Bedroom, Living Room, Other, Patio Open
  • Levels: Two
  • Fireplace Features: Living Room, Decorative
  • Fireplace Rooms: Living Room, Decorative
  • Den: Yes
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Flooring: Hardwood, Tile
  • Equipment: Built-Ins, Garbage Disposal, Hood Fan, Range/Oven
  • Interior Features: High Ceilings (9 Feet+), Other
  • Room Kitchen Features: Granite Counters
  • Kitchen Features: Gourmet Kitchen, Granite Counters
  • Room Bathroom Features: Shower, Remodeled
  • Bathroom Features: Shower Stall, Remodeled
  • Cooking Appliances: Free Standing Gas
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • Roof: Composition
  • Patio Features: Patio Open
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 11-13-2023
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,100.00
  • Unit Actual Rent: $4,100.00
  • Unit Projected Rent: $4,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,362.00
  • Unit Actual Rent: $2,362.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,515.00
  • Unit Actual Rent: $1,515.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $251,873.00
  • Assessed Improvement Percent: 36.29
  • Assessed Land Value: $442,123.00
  • Assessed Land Percent: 63.71
  • Assessed Total Value: $693,996.00

Property History for 3319 Primera Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3319 Primera Avenue

Taxable ValueLand$450,965Additions$257,550Total$708,515
Tax Record2023$9,047 ($754 / month)
Home Facts
Total Finished SqFt1,764 SqFtAbove Grade Finished SqFt1,764 SqFtLot Size6,258 SqFtStyleTriplexYear Built1936ZoningLAR2CountyLOS ANGELESAPN5579-019-020

Schools near 3319 Primera Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Valley View Elementary School
PublicK to 6

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Larchmont Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3319 Primera Avenue is a multi-family home for sale in Los Angeles, CA 90068. This property was listed for sale on November 13, 2023 by Plush Home Int'l Realty, it's currently listed at $1,379,000. It has been on the market for a total of 167 days and was last sold on August 22, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include Valley View Elementary School, Hubert Howe Bancroft Middle School and Hollywood Senior High School. 3319 Primera Avenue is a 4-bed, 4-bath, 1,764 sqft multi-family home built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Plush Home Int'l Realty, Rachelle Cano, DRE #01995061; Plush Home Int'l Realty, Joseph Schiro, DRE #01162621

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.