3801 W 2nd St, Los Angeles, CA 90004

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3801 W 2nd St, Los Angeles, CA 90004

Studio-- baths4,864 sqft

Sold: $725,000
Sold on 04/23/13
Zestimate®: $1,155,024
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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

My Notes

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Four HUGE Units- over 1200 square feet each in desirable Koreatown location. Parking for 6 cars. One vacant unit is rent ready. Perfect for owner occupant. Individual gas and electric meters. Individual water heaters. Laundry room in each unit.Your buyer can live in one unit and collect an additional $3825. toward the monthly payment. Historically low interest rates along with 3.5%FHA down payments can result in cash flow from day 1.Low maintenence building in an outstanding rental area close to all services. With 3% yearly rent increase, the income goes to $3939. in year 2 and $4057. in year 3. Call for more information.

Facts

  • Lot: 5,792 sqft
  • Single Family
  • Built in 1925
  • Last sold: Apr 2013 for $725,000
  • Price/sqft: $149

Features

  • Parking: 6 spaces

      Construction

      • Roof type: Other
      • # Stories: 2.0
      • Structure type: Other
      • Unit count: 4

      Other

      • Floor size: 4,864 sqft
      • Parcel #: 5518013001
      • Zillow Home ID: 20780848

      Zestimate Details

      Zestimate
      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

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $1,155,024
      +$51,557 Last 30 days
      $1.04M
      $1.27M
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $2,702/mo
      +$100 Last 30 days
      $1.6K
      $5.2K
      Zestimate range
      Zestimate forecast
      $XXX,XXX
      0
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      Popularity on Zillow

      If this home is listed on Zillow, it will reach the largest real estate network on the web.*
      462 all-time views
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      201 forecasted views of this home
      in the first 7 days after listing for sale
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      Home Expenses

      Internet, phone and TV
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      Neighborhood

      Market guide

      Zillow predicts Koreatown home values will rise 3.6% next year, compared to a 2% rise for Los Angeles as a whole. Among Koreatown homes, this home is valued 114.5% more than the midpoint (median) home, but is valued 64% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Koreatown, the number of foreclosures waiting to be sold is 18.7% greater than in Los Angeles, and 83.8% greater than the national average. This higher local number may prevent Koreatown home values from rising as quickly as other regions in Los Angeles.

      Learn more about forecast calculations or Koreatown home values.
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        For Sale

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        Rentals

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        Other Units in this Building (1)ZestimateBedsBathsSqft
        N/A$869K------

        Nearby Schools in Los Angeles

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org

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