3727 South La Salle Avenue

Los Angeles, CA 90018

$1,215,000
Last Sold Price
8
Beds
3
Baths
2,221 Sq. Ft.
$547 / Sq. Ft.
2,221
Sq. Ft.
$547
per Sq. Ft.

Description

Price improvement. Looking for a cash flow positive property in LA? Here it is! This legal triplex is zoned R2 on huge 7400+sqft lot for future development potential. Total of 8BD + 3BA. Remodeled in 2016. Gross Income $89,310. Actual expenses (gardener $720, insurance $3817, HCIDLA $320, plus annual taxes) $19,377. Noi $69,933. Grm 13.44. Cap Rate 5.80%. Unit #3733 (3BD+1BA) rented at $2350/month. Unit #3727 rented at $2472/month (2BD+1BA) may be delivered vacant. Unit #3735 rented at $2420.50/month...Price improvement. Looking for a cash flow positive property in LA? Here it is! This legal triplex is zoned R2 on huge 7400+sqft lot for future development potential. Total of 8BD + 3BA. Remodeled in 2016. Gross Income $89,310. Actual expenses (gardener $720, insurance $3817, HCIDLA $320, plus annual taxes) $19,377. Noi $69,933. Grm 13.44. Cap Rate 5.80%. Unit #3733 (3BD+1BA) rented at $2350/month. Unit #3727 rented at $2472/month (2BD+1BA) may be delivered vacant. Unit #3735 rented at $2420.50/month (3BD+1BA). Garage rented for additional $200/month. Tenants pay all utilities. Super low expenses. Close to Expo Line, USC and West Adams. This will not last!
  1. Listed by Andrew Watkins • DRE #01478668 • Brokerage DRE #01854200 • KW Advisors

Property Details for 3727 South La Salle Avenue

Zoning
LAR2
Parcel Number
5041033022
Total Units
3.0
Living Area
2221
Source Living Area
Assessor
Area
Los Angeles Southwest (C34)
Vacancy Rate
0
Lot Size Area
7437

Location

Listing Courtesy of KW Advisors, Andrew Watkins, DRE #01478668

Sold By The Realestate Group, Feven Belay, DRE #01899406

Add your commute
LISTING UPDATED: 08/06/2022 10:08 AM

Property Details for 3727 South La Salle Avenue

StatusSold
MLS #22-142107
Days on Market69
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.17 AC / 7,437 SF
CountyLos Angeles County

Location

Listing Courtesy of KW Advisors, Andrew Watkins, DRE #01478668

Sold By The Realestate Group, Feven Belay, DRE #01899406

Add your commute

Building Information for 3727 South La Salle Avenue

Stories1Residences-Year Built1922Building Size-Lot Size0.17 AC / 7,437 SF

Payment Calculator

$7,885 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,631

Property Taxes

$1,254

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3727 South La Salle Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: 3
  • Water Heaters: Yes
  • Additions Alterations: Yes
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is, Rent Control, Seller/Owner/Principal RE Licensed, LA/Owner Related
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $89,310
  • Net Operating Income: $69,933.00
  • Gross Income: $89,310
  • Cap Rate: 5.80%
  • Gross Rent Multiplier: $13.44
  • Financial Info as Of: 06/15/2022
  • Owner Pays: Gardener
  • Total Annual Expense: 19377
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1707
  • Lot Size Square Feet: 7437
Parking Details
Parking Details
  • Parking Garage: Driveway, Carport, Garage
  • Total Parking: 6
  • Open Other Spaces Total: 6
  • Carport Spaces Total: 2
  • Parking Features: Driveway, Carport, Garage
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Cooling Type: Ceiling Fan
  • Heating: Wall Furnace
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-20-2022
  • Garage Rental Rate: 200
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,472.00
  • Unit Actual Rent: $29,664.00
  • Unit Projected Rent: $29,664.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,350.00
  • Unit Actual Rent: $28,200.00
  • Unit Projected Rent: $28,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,420.00
  • Unit Actual Rent: $29,040.00
  • Unit Projected Rent: $29,040.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $210,235.00
  • Assessed Improvement Percent: 29.63
  • Assessed Land Value: $499,309.00
  • Assessed Land Percent: 70.37
  • Assessed Total Value: $709,544.00

Property History for 3727 South La Salle 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 3727 South La Salle Avenue

Taxable ValueLand$800,000Additions$415,000Total$1,215,000
Tax Record2023$15,045 ($1,254 / month)
Home Facts
Total Finished SqFt2,221 SqFtAbove Grade Finished SqFt2,221 SqFtLot Size7,437 SqFtStyleTriplexYear Built1922ZoningLAR2CountyLOS ANGELESAPN5041-033-022

Schools near 3727 South La Salle Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Charter - K to 5
Charter - 5 to 8
Rating
School
Distance
Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

Stem Preparatory Academy
CharterK to 5

Public Policy Charter
Charter5 to 8

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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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 KW Advisors, Andrew Watkins, DRE #01478668

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.