3838 West Ave 41

Los Angeles, CA 90065

$1,125,000
Last Sold Price
2
Beds
2
Baths
1,264 Sq. Ft.
$890 / Sq. Ft.
1,264
Sq. Ft.
$890
per Sq. Ft.

Description

Located in vibrant Glassell Park, this winsome duplex is awaiting its next owner. Here find the rare opportunity to purchase an income property with one unit vacant, and the other unit occupied by an existing tenant paying market-value rent. The current owner has lovingly maintained the property, and enhanced it with the addition of mature, drought-tolerant landscaping, inviting bees, butterflies and hummingbirds. Both of the one bedroom and full bath units is its own abode, each consisting of naturally...Located in vibrant Glassell Park, this winsome duplex is awaiting its next owner. Here find the rare opportunity to purchase an income property with one unit vacant, and the other unit occupied by an existing tenant paying market-value rent. The current owner has lovingly maintained the property, and enhanced it with the addition of mature, drought-tolerant landscaping, inviting bees, butterflies and hummingbirds. Both of the one bedroom and full bath units is its own abode, each consisting of naturally lit living rooms (complete with gas fireplaces!) , full kitchens, breakfast nooks and laundry areas. The vacant Unit 3838 features a luscious private yard with a custom fountain, gas firepit, hot tub, and lounge area. Cafe lights and up lighting throughout make it the perfect place to unwind and entertain. The garage has been transformed into a studio space, ideal for an artist enclave or home office. Unit 3842 has its own separate secluded backyard, complemented by a fruiting banana tree, fire pit, and storage locker. In close proximity to many popular restaurants, like Bub and Grandma's, Wife and the Somm and Dunsmoor, in addition to being a stone's throw to nearby Eagle Rock, and Occidental College. This very special, and truly beautiful, duplex is not to miss!
  1. Listed by Rachael Reiser • DRE #02088884 • Brokerage DRE #01180851 • Real Broker
  2. Listed by Deirdre Salomone • DRE #01325829 • Brokerage DRE #01180851 • Real Broker

Property Details for 3838 West Ave 41

Zoning
LARD2
Style
Spanish
Cross Streets
Eagle Rock Blvd & Valle Vista Dr
Parcel Number
5473007012
Total Units
2.0
Living Area
1264
Source Living Area
Assessor
Area
Glassell Park (623)
LISTING UPDATED: 09/13/2024 01:07 PM

Property Details for 3838 West Ave 41

StatusSold
MLS #24-416397
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
Lot Size0.11 AC / 4,792 SF
CountyLos Angeles County

Building Information for 3838 West Ave 41

Stories1Residences-Year Built1929Building Size-Lot Size0.11 AC / 4,792 SF

Property Information for 3838 West Ave 41

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: House
  • Water: Public
  • Sewer: In Street Paid
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $35,940
  • Net Operating Income: $25,940.00
  • Gross Income: $71,940
  • Cap Rate: 2.30%
  • Gross Rent Multiplier: $16.00
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 10000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.11
  • Lot Size Square Feet: 4792
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Driveway - Concrete
  • Total Parking: 2
  • Parking Features: Garage - Single Door, Concrete
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: Gas
  • Fireplace Rooms: Gas
  • Cooling Type: Window Unit(s)
  • Heating: Fireplace(s)
  • Heating Type: Fireplace
  • Flooring: Mixed
  • Equipment: Dishwasher, Dryer, Washer, Range/Oven, Barbeque, Microwave, Refrigerator
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Cooktop - Gas
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • Spa: Yes
  • Spa: Above Ground
  • Roof: Composition
  • Patio Features: Porch - Front
  • New Construction: No
  • Foundation Details: Raised
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-18-2024
  • Listing Terms: Conventional, Cash, Cash To New Loan
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.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: $2,995.00
  • Unit Actual Rent: $2,995.00
  • Unit Projected Rent: $2,995.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Dishwasher: 2
  • Number of Disposal: 2
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Number Wall AC: 2
  • Number Water Meters: 1
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $161,282.00
  • Assessed Improvement Percent: 29.61
  • Assessed Land Value: $383,370.00
  • Assessed Land Percent: 70.39
  • Assessed Total Value: $544,652.00

Property History for 3838 West Ave 41

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3838 West Ave 41

Taxable ValueLand$391,037Additions$164,507Total$555,544
Tax Record2024$6,806 ($567 / month)
Home Facts
Total Finished SqFt1,264 SqFtAbove Grade Finished SqFt1,264 SqFtLot Size4,790 SqFtStyleDuplexYear Built1929ZoningLARD2CountyLOS ANGELESAPN5473-007-012

Schools near 3838 West Ave 41

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Charter - K to 8
Charter - 9 to 12
Rating
School
Distance
Delevan Drive Elementary School
PublicK to 6

Eagle Rock High School
Public7 to 12

ISANA Octavia Academy
CharterK 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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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. 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 Real Broker, Rachael Reiser, DRE #02088884; Real Broker, Deirdre Salomone, DRE #01325829

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.