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SOLD 5/14/2021

3219 Bagley Avenue, Los Angeles, CA 90034$2,080,000

10
beds
6
baths
6425
ft2
· 8000
ft2 lot
$355 / ft2

Listing provided courtesy of Listing Broker: Tak Wong, Golden Coast Investments
Source CRMLS;
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Great opportunity to own a well-maintained six unit two-story property with upside potentials. Conveniently located in the West Los Angeles high demand area. All units had been upgraded and in the last 2 years, Exterior renovations included: new roof, new water main, foundation reinforcements, cement side yard, re-landscaped front yard with water saving plants and drip irrigation system. Interior renovation include: new kitchens, new bathrooms, and hardwood floors. Seller is doing 1031 exchange.

HOA

$—/month

On market

8 days

Year built

1957

Property type

Multi-Family

Parking

8

MLS

OC21029565

Price / Sq.Ft.

$355 / ft2

Status

Closed

Home details for 3219 Bagley Avenue

Interior Features & Layout
Appliances
•   
Laundry Details: Outside
•   
Appliances: Gas Oven, Gas Range
•   
Has Appliances
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Heating & Cooling
•   
Has Heating
•   
Heating Details: Floor Furnace, Wall Furnace
Flooring
•   
Flooring: Carpet, Laminate, Wood
Interior Size
•   
Building Area Total: 6425.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned, Detached Carport
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 2.00
•   
Carport Spaces: 6.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: LAR3
•   
Roof: Shingle
•   
Foundation Details: Raised
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: Landscaped, Rectangular Lot, Sprinklers Drip System, Sprinklers Timer
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1837
•   
Lot Size Area: 8000.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 6
Property Features
•   
Fencing: Wood
•   
Common Walls: No Common Walls
Property Type
•   
Architectural Style: Contemporary
Utilities & Other Information
Utilities
•   
Green Water Conservation: Water-Smart Landscaping
•   
Number Of Separate Electric Meters: 6
•   
Number Of Separate Gas Meters: 6
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 142584.00
•   
Water Sewer Expense: 0.00
•   
Other Expense Description: Washer
•   
Other Expense: 613.00
•   
Laundry Income: 1200.00
•   
Licenses Expense: 802.00
•   
Maintenance Expense: 1090.00
•   
Cap Rate: 5.20
•   
Laundry Equipment Own Lease: Lease
•   
Total Actual Rent: 124224.00
•   
Fuel Expense: 1119.00
•   
Trash Expense: 2631.00
•   
New Taxes Expense: 11137.00
•   
Insurance Expense: 2101.00
•   
Professional Management Expense: 0.00
•   
Total Expenses: 24801.00
•   
Gross Scheduled Income: 142584.00
•   
Operating Expense: 24801.00
•   
Gross Multiplier: 16.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 142584.00
•   
Tax Year: 2020
•   
Taxes: 11137.0
Lease Info
•   
Net Operating Income: 117783.00
Listing Info
•   
Status: Closed
Other
•   
Electric Expense: 5308.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 2500.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 30000.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1900.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 2.00
•   
Unit 2 Total Rent: 12840.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1400.00
•   
Unit 1 Total Rent: 16800.00
Unit 4 Information
•   
Unit 4 Actual Rent: 2500.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 30000.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 2.00
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
Number With Refrigerator: 6
•   
# Of Units: 6
•   
Number With Dishwasher: 1
•   
Number With Range: 6
•   
Price Per Unit: 380000
Unit 5 Information
•   
Unit 5 Actual Rent: 1342.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 16104.00
•   
Unit 5 Garage Spaces: 1.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 1
Unit 6 Information
•   
Unit 6 Actual Rent: 2140.00
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 25680.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bedrooms: 2
•   
Unit 6 Garage Spaces: 1.00
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
Location
•   
Community Features: Curbs, Gutters, Sidewalks, Street Lights
School Info
•   
Directions: North of National Blvd
Other
Calculation
•   
Dom: 8
•   
Cdom: 8

Neighborhood snapshot

45
Properties for sale
15
Median days on market
$733.46
Median sold price/sqft
100.44%
Sold/List %
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Property History for 3219 Bagley Avenue

05/14/2021
05/14/2021
CRMLS #OC21029565
sold
CRMLS #OC21029565
$2,280,000
+9.62%
05/10/2021
05/10/2021
Public Record
sold
Public Record
$2,080,000
--8.77%
02/23/2021
02/23/2021
CRMLS #OC21029565
pending
CRMLS #OC21029565
$2,280,000
02/15/2021
02/15/2021
CRMLS #OC21029565
active
CRMLS #OC21029565
$2,280,000
+569.60%
03/08/1989
03/08/1989
Public Record
sold
Public Record
$340,500
+133.22%
See more property history

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