3227 Bennett Dr

Los Angeles, CA 90068

$1,705,000
Last Sold Price
4
Beds
4
Baths
2,106 Sq. Ft.
$810 / Sq. Ft.
2,106
Sq. Ft.
$810
per Sq. Ft.

Description

3227 Bennett Dr is a pride-of-ownership triplex in the upscale Hollywood Hills (on a street with multi-million dollar homes!) with sprawling views of Universal Studios and the Valley below. This picturesque property boasts an unlimited supply of updates, most notable being the lush gardens and pristine landscaping that transform the property into a true “Secret Garden.” Minutes from Universal Studios, the Hollywood Bowl, and the heart of both Studio City and Hollywood, 3227 Bennett offers buyers...3227 Bennett Dr is a pride-of-ownership triplex in the upscale Hollywood Hills (on a street with multi-million dollar homes!) with sprawling views of Universal Studios and the Valley below. This picturesque property boasts an unlimited supply of updates, most notable being the lush gardens and pristine landscaping that transform the property into a true “Secret Garden.” Minutes from Universal Studios, the Hollywood Bowl, and the heart of both Studio City and Hollywood, 3227 Bennett offers buyers the perfect balance between secluded hillside tranquility and action-packed city living! This charming triplex will be delivered with the beautifully updated owner’s unit vacant, meaning this is a perfect opportunity for both owner occupiers and investors. Either A) live in the upgraded owner’s unit while having the tenants cover the mortgage or B) rent the largest unit at a premium and achieve one of the highest returns available in LA! The current projected cap rate is 4.65% and the pro forma cap rate is a whopping 5.85%. Whether you plan to occupy or fully rent, you can’t go wrong either way! Additionally, these units have historically attracted A+ tenants at peak rents within days of being on the rental market. The existing tenants are extremely reliable and clean professionals who have paid on time all throughout Covid.

3227 Bennett will be delivered with a lengthy list of amenities, including, but not limited to: 2 fully renovated units with stainless steel appliances, hardwood floors and granite countertops, a new security system with 6 Ring cameras, central air and heat in the owner’s unit, expansive private patios, decks and gardens, new copper piping and main sewer line, private washers/dryers for all units, a newly custom built secured front gate/entry, and 3 garage parking spaces accessed from a well-manicured alley that are used by the owners- a perfect opportunity for extra income!
  1. Listed by Elizabeth Maddox • DRE #01921425 • Brokerage DRE #01921425 • The 2-4 Unit Specialists

Property Details for 3227 Bennett Drive

View
City Lights, Mountain(s)
Parking Spaces Total
3
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2106
LISTING UPDATED: 04/11/2022 06:40 AM

Property Details for 3227 Bennett Drive

StatusClosed
MLS #BB22025392
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.10 AC / 4,285 SF
CountyLos Angeles County

Location

Listing Courtesy of The 2-4 Unit Specialists, Elizabeth Maddox, DRE #01921425

Sold By Figure 8 Realty, Scott Harvey, DRE #01963157

Add your commute

Building Information for 3227 Bennett Drive

Stories2Residences-Year Built1954Building Size-Lot Size0.10 AC / 4,285 SF

Payment Calculator

$10,746 per month

30 year fixed, 6.845% Interest

Principal and Interest

$8,933

Property Taxes

$1,813

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3227 Bennett Drive

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $7,542
  • Gross Scheduled Income: $90,504
  • Vacancy Allowance Rate: 4
  • Gross Operating Income: $86,884
  • Net Operating Income: $65,100
  • Number Of Rented Garages: 0
  • Gross Multiplier: 15.46
  • Cap Rate: 4.65
  • Current Financing: None
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $21,784
  • New Taxes Expense: $16,441
  • Gardener Expense: $1,200
  • Electric Expense: $1,050
  • Insurance Expense: $842
  • Maintenance Expense: $1,200
  • Trash Expense: $0
  • Water Sewer Expense: $1,050
  • Total Expenses: $21,784
Tax / Assessment Info
  • Tax Area: 13
  • Tax Rate: 1.17
  • Tax Annual Amount: $16,441
  • Tax Tract Number: 5928
  • Tax Census Tract: 1437.00
  • CFD/Mello-Roos Fee: $405
  • Tax Lot: 29
Community / Development
Community / Development
  • Community Features: Hiking, Mountainous
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Equipment: Dishwasher, Dryer, Dryer Included, Garage, Outside, Washer, Washer Included
  • Interior Features: Copper Plumbing Full, Granite Counters, Storage
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Garage, Outside, Washer Included
  • Fireplace Features: Gas
  • Fireplace Rooms: Gas
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Wood
  • Virtual Tour URL Branded: https://www.twotofour.com/3227bennett
Exterior Features
  • Security Features: Security System
  • Entry Location: Front gate
  • Fence: Yes
  • Fence: Wood
  • Fencing: Excellent Condition, New Condition, Wood
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Corner Lot, Garden, Landscaped
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage - 1 Car, Garage - 2 Car
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage - Single Door, Garage - Two Door
Property / Structure Info
  • Builder Name: 4285
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,442
  • Unit Type Total Rent: $1,442
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Patio: 4

Property History for 3227 Bennett Drive

DateEvent & SourcePriceAppreciation
Apr 8, 2022

Sold

CLAW #BB22025392MR

$1,705,000
Apr 8, 2022

Sold

SDMLS #BB22025392

$1,705,000
Apr 8, 2022

Sold

CRMLS #BB22025392

$1,705,000
Feb 22, 2022

Sold (Public Record)

Public Record #1487373896

$1,705,000
Feb 18, 2022

Pending

CRMLS #BB22025392

Feb 16, 2022

Pending

SDMLS #BB22025392

Feb 16, 2022

Pending

CLAW #BB22025392MR

Feb 14, 2022

Listed (Active)

SDMLS #BB22025392

$1,399,000
Feb 14, 2022

Listed (Active)

CLAW #BB22025392MR

$1,399,000
Feb 14, 2022

Listed (Active)

SDMLS #BB22025392

$1,399,000
Feb 14, 2022

Listed (Active)

CRMLS #BB22025392

$1,399,000
Sep 18, 1996

Sold

CRMLS #622413

$253,500
Sep 18, 1996

Sold

CLAW #622413

$253,500
Aug 16, 1996

Pending

CRMLS #622413

Aug 16, 1996

Pending

CLAW #622413

Jul 24, 1996

Listed (Active)

CRMLS #622413

$229,900
Jul 24, 1996

Listed (Active)

CLAW #622413

$229,900
DateEvent & SourcePrice
04/08/2022

Sold

CLAW #BB22025392MR

$1,705,000
04/08/2022

Sold

SDMLS #BB22025392

$1,705,000
04/08/2022

Sold

CRMLS #BB22025392

$1,705,000
02/22/2022

Sold (Public Record)

Public Record #1487373896

$1,705,000
02/18/2022

Pending

CRMLS #BB22025392

02/16/2022

Pending

SDMLS #BB22025392

02/16/2022

Pending

CLAW #BB22025392MR

02/14/2022

Listed (Active)

SDMLS #BB22025392

$1,399,000
02/14/2022

Listed (Active)

CLAW #BB22025392MR

$1,399,000
02/14/2022

Listed (Active)

SDMLS #BB22025392

$1,399,000
02/14/2022

Listed (Active)

CRMLS #BB22025392

$1,399,000
09/18/1996

Sold

CRMLS #622413

$253,500
09/18/1996

Sold

CLAW #622413

$253,500
08/16/1996

Pending

CRMLS #622413

08/16/1996

Pending

CLAW #622413

07/24/1996

Listed (Active)

CRMLS #622413

$229,900
07/24/1996

Listed (Active)

CLAW #622413

$229,900

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

Public Records for 3227 Bennett Drive

Taxable ValueLand$1,461,762Additions$312,120Total$1,773,882
Tax Record2024$21,756 ($1,813 / month)
Home Facts
Total Finished SqFt2,106 SqFtAbove Grade Finished SqFt2,106 SqFtLot Size4,289 SqFtStyleTriplexYear Built1954ZoningLARD1.5CountyLOS ANGELESAPN2429-014-001

Schools near 3227 Bennett Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Valley View Elementary School
PublicK to 5

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.

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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The 2-4 Unit Specialists, Elizabeth Maddox, DRE #01921425

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.