3629 Marmion Way

Los Angeles, CA 90065

$1,008,000
Last Sold Price
4
Beds
3.5
Baths
1,536 Sq. Ft.
$656 / Sq. Ft.
1,536
Sq. Ft.
$656
per Sq. Ft.

Description

Amazing opportunity to own this versatile multi-unit property delivered vacant, in booming NELA area, wlkg dist to Metro Gold line. 2 detached legal units (2bd, 2ba + 1bd,1ba) & a 3rd studio unit remodeled with kitchenette & toilet, ready to be converted into an ADU. Either occupy all units w/ your extended family or occupy one for yourself & rent the others to cover your mortgage. Or invest in a rental property w/ a cap rate above 6. The front Craftsman home (2bd, 2ba) features frosted glass doors,...Amazing opportunity to own this versatile multi-unit property delivered vacant, in booming NELA area, wlkg dist to Metro Gold line. 2 detached legal units (2bd, 2ba + 1bd,1ba) & a 3rd studio unit remodeled with kitchenette & toilet, ready to be converted into an ADU. Either occupy all units w/ your extended family or occupy one for yourself & rent the others to cover your mortgage. Or invest in a rental property w/ a cap rate above 6. The front Craftsman home (2bd, 2ba) features frosted glass doors, original hardwood floors, master bd w/ ensuite ba & an open floor plan topped off w/ vaulted ceilings. Combined with a drought-tolerant front yard, a raised planter and paid-for solar panels, you get the perfect Californian lifestyle. The back 1+1 unit has mountain views. The separate studio is next to the garage/office. 2+ tandem parking spaces in the driveway. Enjoy the incredibly maintained backyard w/ fruit trees, built-in bbq, ext shower & new private deck. Check our 3D Virtual Tour
  1. Listed by Kareen Slajer • DRE #01710918 • Brokerage DRE #01269474 • Keller Williams Realty Los Feliz
  2. Listed by Cyril Saelens • DRE #02037404 • Brokerage DRE #01269474 • Keller Williams Realty Los Feliz

Property Details for 3629 Marmion Way

Zoning
LARD1.5
Style
Craftsman
Parcel Number
5446022028
Total Units
3.0
Living Area
1536
Source Living Area
Estimated
Area
Cypress Park (CYPK)
Vacancy Rate
0

Location

Listing Courtesy of Keller Williams Realty Los Feliz, Kareen Slajer, DRE #01710918; Keller Williams Realty Los Feliz, Cyril Saelens, DRE #02037404

Sold By Realty ONE Group Diamond, Davi Nogueira, DRE #01991473

Add your commute
LISTING UPDATED: 12/15/2020 05:19 PM

Property Details for 3629 Marmion Way

StatusSold
MLS #20-649314
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.07 AC / 3,003 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty Los Feliz, Kareen Slajer, DRE #01710918; Keller Williams Realty Los Feliz, Cyril Saelens, DRE #02037404

Sold By Realty ONE Group Diamond, Davi Nogueira, DRE #01991473

Add your commute

Virtual Tour

Building Information for 3629 Marmion Way

Stories1Residences-Year Built1923Building Size-Lot Size0.07 AC / 3,003 SF

Payment Calculator

$6,562 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,501

Property Taxes

$1,061

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3629 Marmion Way

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Unit
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $76,800
  • Net Operating Income: $60,978.00
  • Gross Income: $76,800
  • Cap Rate: 6.89%
  • Gross Rent Multiplier: $11.52
  • Total Annual Expense: 15823
  • Water Expense: $2,400.00
  • Tax Expense: $11,063
  • Gardener Expense: $960
  • Insurance Expense: $1,400
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0689
  • Lot Size Square Feet: 3003
Parking Details
Parking Details
  • Parking Garage: Attached, Driveway, Garage - 1 Car
  • Total Parking: 3
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 1
  • Parking Features: Driveway, Garage - Single Door
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Dryer, Barbeque, Microwave, Washer, Range/Oven, Refrigerator, Solar Panels, Garbage Disposal
  • Laundry: Other, Outside
Exterior Features
Exterior Features
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 10-21-2020
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,000.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,400.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Leased: 0
  • Number Refrigerator: 3
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $105,624.00
  • Assessed Improvement Percent: 22.73
  • Assessed Land Value: $359,122.00
  • Assessed Land Percent: 77.27
  • Assessed Total Value: $464,746.00

Property History for 3629 Marmion Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3629 Marmion Way

Taxable ValueLand$624,240Additions$424,483Total$1,048,723
Tax Record2023$12,727 ($1,061 / month)
Home Facts
Total Finished SqFt1,216 SqFtAbove Grade Finished SqFt1,216 SqFtLot Size3,003 SqFtStyleDuplexYear Built1923ZoningLARD1.5CountyLOS ANGELESAPN5446-022-028

Schools near 3629 Marmion Way

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Loreto Street Elementary School
PublicK to 5

Benjamin Franklin Senior High School
Public6 to 12

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

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Similar Sold Homes

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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 Keller Williams Realty Los Feliz, Kareen Slajer, DRE #01710918; Keller Williams Realty Los Feliz, Cyril Saelens, DRE #02037404

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.