3429 Chadwick Dr, Los Angeles, CA 90032

5 beds, 6 baths, 3,485 sqft
Sold: $610,000
Sold on 06/06/13
Zestimate®: $533,082
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

 
Free living or fantastic cash flow? Your choice. This tri-plex, located on a quiet street in El Sereno has a large single family residence in front, a duplex in back, and will be delivered completely vacant - a big deal in rent controlled LA. All three units have 3 bedrooms, allowing for some of the best rents in town. $60,000 annually in potential gross rents, will provide a huge cash on cash return, even after debt service, vacancy allowance, and all expenses. And if someone wanted to live in one, the other two units would pay for the ENTIRE mortgage! This one is a winner all the way around. Drive-by only. Interior inspection at open house, or with accepted offer only.  MoreLess
Facts
  • Lot: 9,330 sqft
  • Multi Family
  • Built in 1924
  • Last sold: Jun 2013 for $610,000
  • Price/sqft: $175
Construction
  • Roof type: Other
  • # Stories: 1.0
  • Structure type: Other
  • Unit count: 3
Other
  • Floor size: 3,485 sqft
  • Lot depth: 186
  • Lot width: 50
  • Parcel #: 5219012024
  • Zillow Home ID: 20642622
Home Values
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$533,082
-$40,530 Last 30 daysd
$506K
$560K
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$1,790/mo
+$78 Last 30 daysd
$1.2K
$2.3K
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Neighborhood for 3429 Chadwick Drive

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Zillow predicts El Sereno home values will rise 7.4% next year, compared to a 7% increase for Los Angeles as a whole. Among El Sereno homes, this home is valued 39% more than the midpoint (median) home, but is valued 45.8% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In El Sereno, the number of foreclosures waiting to be sold is 78.6% greater than in Los Angeles, and 19% higher than the national average. This higher local number may prevent El Sereno home values from rising as quickly as other regions in Los Angeles.

Learn more about forecast calculations or El Sereno home values.
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    Contact a local agent

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    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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