16 days on rocket

3862 N Broadway, Los Angeles, CA, 90031

$697,000

Home List Price

$8,277*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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3862 N Broadway, Los Angeles$697,000

Buyer Closing Credits

$8,277*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingGarage, On Street
Garage2 spaces
Year Built1922
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
ViewHills
MLS #DW24084033
Lot Size0.14 Acres
StatusActive

About 3862 N Broadway

SOLD AS-IS. NO VACANCIES. This 3-unit multi-family property is a value-add opportunity in the heart of Los Angeles. Featuring one 2-bedroom, 1-bath detached unit and two 1-bedroom, 1-bath attached units. Units are all rented/occupied by long-term tenants (10+ years) on month-to-month terms. There may be opportunities for expansion through the addition of ADUs or adding square footage to existing units. Buyer to further investigate with the City of LA. There is a 2-car garage and common area that may allow space for this. Great opportunity to purchase an income-producing fixer that is centrally located with short distances to Downtown Los Angeles, Dodger Stadium, Pasadena, and Glendale to name a few. Property will be sold with tenants. Offering memorandum available upon request. DO NOT DISTURB OCCUPANTS. CALL FOR FURTHER INSTRUCTIONS or DETAILS.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1

Listing Office:

  • Office Name: Greenpoint Real Estate Services
  • Office Phone: (951) 833-1030
  • Listing Agent: Aldo Baltodano

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Hills

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage, On Street

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Abraham Lincoln Senior High School, Public Magnet Grades 9-12
  • Woodrow Wilson Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • El Sereno Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Gates Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: On N Broadway just west of N Mission Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $697,000

Tax Information:

  • Annual Amount: $6,526
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

3862 N Broadway vs Los Angeles

16 DAYS ON ROCKET

-18 Days

$697,000

-$289.4K Less

KEY TAKEAWAY

This property is $289.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24084033

Listing Office:

  • Office Name: Greenpoint Real Estate Services
  • Office Phone: (951) 833-1030
  • Listing Agent: Aldo Baltodano

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/13/2024, 11:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 2005Home Sold
$404,000
Feb 28, 2001Home Sold
$150,500
Jun 28, 1989Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,526$520,243
2020$6,336$514,909
2019$6,238$504,813
2018$6,104$494,916
2017$6,104$485,213

History based on county public records data.

Payment Calculator

$3,546

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,156

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-11066367
5
/10

  • Gates Street Elementary School

  • 3333 Manitou Ave

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-11066368
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 8.47 miles

  • Public Magnet Grades KG-6

school-card-donut-11066369
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 25.39 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-11066370
6
/10

  • El Sereno Middle School

  • 2839 N Eastern Ave

  • 1.20 miles

  • Public Magnet Grades 6-8

school-card-donut-11066371
4
/10

  • Studio

  • 2211 W Avenue 30

  • 3.08 miles

  • Public District Grades 6-8

High School

school-card-donut-11066372
5
/10

  • Abraham Lincoln Senior High School

  • 3501 N Broadway

  • 0.36 miles

  • Public Magnet Grades 9-12

school-card-donut-11066373
4
/10

  • Woodrow Wilson Senior High School

  • 4500 Multnomah St

  • 0.72 miles

  • Public Magnet Grades 9-12

school-card-donut-11066374
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 2.62 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,467. Residents of Los Angeles, CA typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90031›3862 N Broadway

This home is located at 3862 N Broadway in Los Angeles, CA and zip code 90031 in the Lincoln Heights neighborhood. This home, which was built in 1922, sits on a 0.14 acre lot. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $697,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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