3501 Lifur Avenue

Los Angeles, CA 90032

$1,450,000
Price
9
Beds
7
Baths
3,644 Sq. Ft.
$398 / Sq. Ft.
3,644
Sq. Ft.
$398
per Sq. Ft.

Description

Investors Dream of exceptional income property in El Sereno, adjacent to Alhambra. This unique property offers not one but four income-generating income units, including a brand-new A. D. U ( additional dwelling unit), all in a highly rental location. Property features a single-family home with 3 bedrooms and 2 baths with a private yard, a townhome style duplex with 2 bedrooms and 2 baths completely remodeled, a 2 bedrooms and 1.5 baths, and a detached brand new ADU with 2 bedrooms 1 bath. The demand...Investors Dream of exceptional income property in El Sereno, adjacent to Alhambra. This unique property offers not one but four income-generating income units, including a brand-new A. D. U ( additional dwelling unit), all in a highly rental location. Property features a single-family home with 3 bedrooms and 2 baths with a private yard, a townhome style duplex with 2 bedrooms and 2 baths completely remodeled, a 2 bedrooms and 1.5 baths, and a detached brand new ADU with 2 bedrooms 1 bath. The demand for rental properties in this area is high, ensuring low vacancy rates and consistent income. Don't miss out in this rare opportunity to own a versatile income property in one of El Sereno's most coveted neighborhoods within minutes to South Pasadena and Monterrey Park. A Must t See to appreciate... Call the listing agent for additional information.
  1. Listed by Walter Castillo • DRE #01141632 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 3501 Lifur Avenue

Water Front
None
Zoning
LAR2
Style
Traditional
Cross Streets
Warwick
Parcel Number
5219017029
Total Units
4.0
Living Area
3644
Source Living Area
Estimated

Location

Listing Courtesy of Coldwell Banker Realty, Walter Castillo, DRE #01141632
Add your commute
LISTING UPDATED: 03/06/2024 10:35 AM

Property Details for 3501 Lifur Avenue

StatusActive
MLS #23-314807
Days on Market216
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.17 AC / 7,505 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Walter Castillo, DRE #01141632
Add your commute

Building Information for 3501 Lifur Avenue

Stories2Residences-Year Built1924Building Size-Lot Size0.17 AC / 7,505 SF

Payment Calculator

$8,880 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,913

Property Taxes

$967

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3501 Lifur Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: Income
  • View: No
  • View Description: None
  • View: None
  • Property Condition: Updated/Remodeled
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan, Cash, Conventional
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $85,620
  • Net Operating Income: $64,215.00
  • Gross Income: $85,620
  • Cap Rate: 4.40%
  • Gross Rent Multiplier: $16.00
  • Actual Annual Gross Rent: $85,620.00
  • Actual Gross Annual Income: $85,620
  • Actual Rent Total: $85,620.00
  • Owner Pays: Water
  • Total Annual Expense: 21405
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: Yes
  • Lot Acreage: 0.1723
  • Lot Size Square Feet: 7505
  • Lot Description: 2-4 Lots
Parking Details
Parking Details
  • Parking Garage: Direct Entrance, Driveway
  • Total Parking: 6
  • Covered Parking: 0
  • Open Other Spaces Total: 6
  • Garage Spaces Total: 0
  • Parking Features: Direct Garage Access, Driveway
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Wall Gas
  • Flooring: Mixed
  • Equipment: None
  • Common Walls: Detached/No Common Walls
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Shingle
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-25-2023
  • Listing Terms: Cash, Cash To New Loan, Conventional
  • Rent Control: Yes
  • Rent Control: 75
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,295.00
  • Unit Actual Rent: $1,295.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,290.00
  • Unit Actual Rent: $1,290.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $2,300.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $392,700.00
  • Assessed Improvement Percent: 43.5
  • Assessed Land Value: $510,000.00
  • Assessed Land Percent: 56.5
  • Assessed Total Value: $902,700.00

Property History for 3501 Lifur 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 3501 Lifur Avenue

Taxable ValueLand$520,200Additions$400,554Total$920,754
Tax Record2023$11,604 ($967 / month)
Home Facts
Total Finished SqFt2,844 SqFtAbove Grade Finished SqFt2,844 SqFtLot Size7,505 SqFtStyleTriplexYear Built1924ZoningLAR2CountyLOS ANGELESAPN5219-017-029

Schools near 3501 Lifur Avenue

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

Arroyo Seco Museum Science
PublicK to 8

Woodrow Wilson Senior High School
Public9 to 12

Abraham Lincoln Senior High School
Public9 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

3501 Lifur Avenue is a multi-family home for sale in Los Angeles, CA 90032. This property was listed for sale on September 25, 2023 by Coldwell Banker Realty, it's currently listed at $1,450,000. It has been on the market for a total of 216 days and was last sold on May 19, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Cesar Chavez Elementary School, Arroyo Seco Museum Science and Woodrow Wilson Senior High School. 3501 Lifur Avenue is a 9-bed, 7-bath, 3,644 sqft multi-family home built in 1924.

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 Coldwell Banker Realty, Walter Castillo, DRE #01141632

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.