3529 Ferncroft Rd., Los Angeles, CA 90039 - P1-1509 - iPro Real Estate
iPro Real Estate

iPro Real Estate

3529 Ferncroft Rd.
Los Angeles, CA 90039

Active, Multi-Family/Income Sale

Price Decrease
For Sale

$949,999 $337.00 per sqft

Free Professional CMA

Listing ID : P1-1509

  • Garage

    1
  • Lot Size

    2,819 Sqft
  • Year

    1948

Description

NOW BACK ON THE MARKET after buyer non-performance - $50K PRICE REDUCTION!Great multi-unit investment opportunity - sure to move quickly. 3529 Ferncroft Road is a newly-remodeled duplex in Atwater Village that provides an ideal house hacking opportunity, or it could generate a potential 5% cap rate for a pure investor. HUGE YARD with potential for an ADU addition or other expansion. The complex consists of an upstairs unit and downstairs master unit that are both 2-bed/1-baths and approximately 550sqft. The upstairs unit has been recently rented at max market rate ($2,550), and downstairs master unit will be delivered vacant (projected rent for this unit is about $2,800). Spacious storage sheds in the yard can be taken down to fully realize the property's potential. On-site laundry with a new Samsung washer/drier set. The current owner has expertly updated the exterior with new balconies and the kitchens with fresh countertops, large basin sinks, and new refrigerators. The property contains a driveway, and ample street parking exists throughout the neighborhood. The central LA location is just minutes from Echo Park and Silver Lake and just a 10-minute drive from the Griffith Observatory and Dodger Stadium. Located right off the 5 freeway in a pl

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5437021020
Days on Market: 226 
Kitchen: Freezer, Oven Range - Gas, Refrigerator 
Laundry: Dryer, Other, Washer 
Number of Buildings: 1 
Number of Units: 2 
Parking Spaces: 1 
Property Type: Commercial Sale 
Sub Type: Duplex 
View: None 

Show More

Interactive

34.114079 -118.263786 $949,999 P1-1509
3529 Ferncroft Rd., Los Angeles, CA 90039
Directions to here from:

Area Information 90039

Population:

27,996 Up .01% since 2010
Average Income:
$95,841
Average Age:
39Years
Gender:
50.15%Male
49.85%Female
Households:
11,25725.07% with children
Average Value:
$1,292,423
Occupancy:
45.84%Owned
54.16%Rented
6.17%Vacant
Education:
14.09%High School
5.23%Associate
31.91%Bachelor
13.45%Graduate
Average Residency:
21Years
Crime Rate:
Average
Annual Rainfall:
17.18Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Nearby Schools Los Angeles School Districts

School Name GS Rating Parent Rating Distance

Ivanhoe Elementary School

public • K-5
GS Rating

Parent Rating
Distance

ASA Silver Lake School

private • 1-9
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance

Holy Trinity Academy

private • K-8
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
School Name GS Rating Parent Rating Distance

ASA Silver Lake School

private • 1-9
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance

Holy Trinity Academy

private • K-8
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance

St. Lasimir

private • K-8
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
School Name GS Rating Parent Rating Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance

Renaissance Arts Academy

charter • K-12
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance

Tax Assessments

Value

  • Land $82,447
  • Improvements $214,755

  • Total $297,202

Property Tax

  • 2020 $3,633

History

Date Transaction Price Mortgage Amt & Lender
Date
May 06, 2021
Transaction
Active - Residential Income (2-4 units)CRP1-1509
Price
$949,999
Mortgage Amt & Lender
- -
Date
Apr 13, 2020
Transaction
Sold - Residential Income (2-4 units)CRDW19212726
Price
$699,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Erik Serrao with eXp Realty of California, Inc.

Based on information from the MLSListings MLS) as of 5/12/2021. 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. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 5/12/2021. 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. Properties may or may not be listed by the office/agent presenting the information. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes