3934 Fernwood Avenue

Los Angeles, CA 90027

$1,195,000
Last Sold Price
4
Beds
2
Baths
2,195 Sq. Ft.
$544 / Sq. Ft.
2,195
Sq. Ft.
$544
per Sq. Ft.

Description

Charming corner duplex in desirable Franklin Hills location. Lower unit is now available for owner-user. Adjacent to Silver Lake area. Built in 1930 with two spacious 2 bedroom + 1 bath units. Each unit has a dining area, breakfast room or office, laundry room, hardwood floors. The plumbing in the bathrooms were recently updated and the building has a newer roof. There are two single garages. Located on a quiet residential street. Building is under City of Los Angeles Rent Stabilization Ordinance,...Charming corner duplex in desirable Franklin Hills location. Lower unit is now available for owner-user. Adjacent to Silver Lake area. Built in 1930 with two spacious 2 bedroom + 1 bath units. Each unit has a dining area, breakfast room or office, laundry room, hardwood floors. The plumbing in the bathrooms were recently updated and the building has a newer roof. There are two single garages. Located on a quiet residential street. Building is under City of Los Angeles Rent Stabilization Ordinance, Rent Control.
  1. Listed by Charles Lazar • DRE #00426953 • Brokerage DRE #00511817 • AOA Commercial Brokerage

Property Details for 3934 Fernwood Avenue

Zoning
LAR1
Style
Spanish
Cross Streets
West of Hyperion, N. of Fountain
Parcel Number
5430027016
Total Units
2.0
Living Area
2195
Source Living Area
Title Company
Area
Los Feliz (637)

Location

Listing Courtesy of AOA Commercial Brokerage, Charles Lazar, DRE #00426953

Sold By AOA Commercial Brokerage, Charles Lazar, DRE #00426953

Add your commute
LISTING UPDATED: 01/05/2022 05:15 PM

Property Details for 3934 Fernwood Avenue

StatusSold
MLS #21-700040
Days on Market215
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.06 AC / 2,400 SF
CountyLos Angeles County

Location

Listing Courtesy of AOA Commercial Brokerage, Charles Lazar, DRE #00426953

Sold By AOA Commercial Brokerage, Charles Lazar, DRE #00426953

Add your commute

Building Information for 3934 Fernwood Avenue

Stories2Residences-Year Built1930Building Size-Lot Size0.06 AC / 2,400 SF

Payment Calculator

$7,761 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,522

Property Taxes

$1,239

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3934 Fernwood Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: stacked
  • View: Yes
  • View Description: City Lights
  • View: City Lights
  • Direction Faces: North
  • 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: $53,672
  • Net Operating Income: $27,134.00
  • Gross Income: $55,332
  • Cap Rate: 2.27%
  • Gross Rent Multiplier: $21.59
  • Owner Pays: Water
  • Total Annual Expense: 25538
Land / Lot Info
Land / Lot Info
  • Alley: No
  • Lot Acreage: 0.0551
  • Lot Size Square Feet: 2400
  • Lot Location: Corner Lot
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage - Single Door
  • Garage Structures Total: 2.0
Interior Features
Interior Features
  • Room Type: Utility Room
  • Rooms: Dining Room, Utility Room, Breakfast Area
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 1
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Central, Wall Furnace
  • Heating Type: Central, Wall
  • Equipment: Gas Dryer Hookup
  • Laundry: Room
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-02-2021
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,711.00
  • Unit Actual Rent: $1,711.00
  • Unit Projected Rent: $2,900.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,900.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $42,223.00
  • Assessed Improvement Percent: 72.48
  • Assessed Land Value: $16,031.00
  • Assessed Land Percent: 27.52
  • Assessed Total Value: $58,254.00

Property History for 3934 Fernwood 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 3934 Fernwood Avenue

Taxable ValueLand$963,900Additions$255,000Total$1,218,900
Tax Record2023$14,866 ($1,239 / month)
Home Facts
Total Finished SqFt2,195 SqFtAbove Grade Finished SqFt2,195 SqFtLot Size2,400 SqFtStyleDuplexYear Built1930ZoningLAR1CountyLOS ANGELESAPN5430-027-016

Schools near 3934 Fernwood 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
Public - K to 2
Rating
School
Distance
Franklin Avenue Elementary School
PublicK to 6

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Lexington Avenue Primary Center
PublicK to 2

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.

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 AOA Commercial Brokerage, Charles Lazar, DRE #00426953

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.