3432 Larissa Drive

Los Angeles, CA 90026

$1,675,000
Price
5
Beds
3
Baths
3,352 Sq. Ft.
$500 / Sq. Ft.
3,352
Sq. Ft.
$500
per Sq. Ft.

Description

This triplex consists of three well-maintained units: Two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. This diverse mix of accommodation types caters to a wide range of tenants, enhancing the property's appeal and marketability. The property is strategically located, benefiting from Silver Lake's vibrant community, trendy amenities, and proximity to downtown. One of the 2B/1BA will be delivered VACANT, making this triplex a rare opportunity for an owner user to gain income on their primary...This triplex consists of three well-maintained units: Two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. This diverse mix of accommodation types caters to a wide range of tenants, enhancing the property's appeal and marketability. The property is strategically located, benefiting from Silver Lake's vibrant community, trendy amenities, and proximity to downtown. One of the 2B/1BA will be delivered VACANT, making this triplex a rare opportunity for an owner user to gain income on their primary residence. Exceptional income producing asset at an astounding 6% Cap Rate.
  1. Listed by Nathan Shaolian • DRE #02074836 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.

Property Details for 3432 Larissa Drive

Zoning
LARD1.5
Parcel Number
5427027002
Total Units
3.0
Living Area
3352
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
1
Lot Size Area
6654
LISTING UPDATED: 12/23/2024 11:47 AM

Property Details for 3432 Larissa Drive

StatusActive
MLS #24-474213
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.15 AC / 6,654 SF
CountyLos Angeles County

Building Information for 3432 Larissa Drive

Stories1Residences-Year Built1961Building Size-Lot Size0.15 AC / 6,654 SF

Property Information for 3432 Larissa Drive

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: Residential
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $152,400
  • Net Operating Income: $100,795.00
  • Gross Income: $152,400
  • Cap Rate: 6.02%
  • Gross Rent Multiplier: $10.99
  • Financial Info as Of: 12/23/2024
  • Total Annual Expense: 47034
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1528
  • Lot Size Square Feet: 6654
Parking Details
Parking Details
  • Parking Garage: Attached, Covered Parking
  • Total Parking: 3
  • Covered Parking: 3
  • Garage Spaces Total: 3
  • Parking Features: Covered
  • Attached Garage: Yes
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Levels: Multi/Split, One
  • Cooling Type: Air Conditioning
  • Heating: Combination
  • Heating Type: Combination
  • Equipment: Garbage Disposal, Freezer
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-23-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $5,000.00
  • Unit Actual Rent: $5,000.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $4,800.00
  • Unit Actual Rent: $5,000.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,000.00
  • Unit Actual Rent: $2,750.00
  • Unit Projected Rent: $1,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $525,588.00
  • Assessed Improvement Percent: 43.86
  • Assessed Land Value: $672,753.00
  • Assessed Land Percent: 56.14
  • Assessed Total Value: $1,198,341.00

Property History for 3432 Larissa Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3432 Larissa Drive

Taxable ValueLand$686,208Additions$536,769Total$1,222,977
Tax Record2024$15,176 ($1,265 / month)
Home Facts
Total Finished SqFt3,352 SqFtAbove Grade Finished SqFt3,352 SqFtLot Size6,652 SqFtStyleTriplexYear Built1961ZoningLARD1.5CountyLOS ANGELESAPN5427-027-002

Schools near 3432 Larissa 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
Public - K to 2
Rating
School
Distance
Micheltorena Street Elementary School
PublicK to 5

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.

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3432 Larissa Drive is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on December 23, 2024 by Kidder Mathews of California, Inc., it's currently listed at $1,675,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Micheltorena Street Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 3432 Larissa Drive is a 5-bed, 3-bath, 3,352 sqft multi-family home built in 1961.

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 Kidder Mathews of California, Inc., Nathan Shaolian, DRE #02074836

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.