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$2,550,000   Price Analysis
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3925 Barrett Rd
Los Angeles, CA 90032
18 bed 12 bath 6,816 SqFt ($374/SqFt)
7,644SqFt lot. Built 1963
Listed 2024-04-13, Taxes $11,580
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

This is an exceptional investment opportunity in the Los Angeles El Sereno area.

This well-maintained property features 6 sizeable units, each offering a comfortable 3 bedrooms, 2 bathrooms and 1, 136 square feet of living space. This property also boasts a shared community laundry facility and carport covered parking for residents.

Located in a desirable area nestled between DTLA and Pasadena, this property presents an ideal combination of comfort and convenience, attracting tenants seeking quality living spaces. Near USC, DTLA and plenty of the amenities of LA, you wont have a problem finding quality rnters in this area.


Presented by Vivienne Tran at
Cali Home Realty.
Listing Agent Photo

Property MLS #PW24073550 from CRMLS

Bedrooms: 18

Laundry Features: Common Area, Community, Individual Room

Full Bathrooms: 12

Window Features: Double Pane Windows

Carport Spaces: 6
Parking Features: Parking YN: Yes, Parking Features: Assigned, Carport, Attached Carport, Covered
Parking Total: 6

Lot Description: 6-10 Units/Acre
Lot Size Acres: 0.1754821
Lot Size Source: Assessor
Lot Size Square Feet: 7644

Road Frontage Type: City Street

View: City Lights, Neighborhood

Number of Units: 6
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 3
Bedrooms in Unit-5: 3
Bedrooms in Unit-6: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Total Bathrooms in Unit-5: 2
Total Bathrooms in Unit-6: 2

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 6
Tenant Pays: All Utilities, Cable TV, Trash Collection
Rent Control: Yes

Community Features: Sidewalks, Street Lights, Urban

Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.02
Source Property Type: Residential Income
Insurance Expense: 2220.00
Area: 621 - El Sereno
Source Neighborhood: 621 - El Sereno
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 1
Parcel Number: 5309003020
Postal Code Plus 4: 1800
Zoning: LARD3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$381,830 + $509,111
$890,941
$11,580
2021$374,344 + $499,129
$873,473
$11,410
2020$370,506 + $494,012
$864,518
$11,512
2019$363,242 + $484,326
$847,568
$11,090
2018$356,120 + $474,830
$830,950
$10,937
2017$349,138 + $465,520
$814,658
$10,668
2016$342,293 + $456,393
$798,686
$10,366
2015$337,152 + $449,538
$786,690
$10,224
2014$330,548 + $440,733
$771,281
$10,292
2013$329,055 + $438,742
$767,797
$10,282
2012$322,603 + $430,140
$752,743
$10,418
2010$316,278 + $421,706
$737,984
$10,133
2009$314,661 + $419,550
$734,211
$9,773
2009$313,915 + $418,555
$732,470
$9,773
2008$308,492 + $411,324
$719,816
$9,376
2007$302,444 + $403,259
$705,703
$9,054

Listed 2024-04-13
$2,550,000
CRMLS
Listing removed 2023-12-02
$0
CRMLS
Price Changed 2023-08-23
$2,550,000
CRMLS
Listed 2023-05-02
$2,700,000
CRMLS
Sold 2004-06-08
$665,000
Public Record
Sold 2003-08-22
$543,000
Public Record
Sold 1988-08-26
$385,000
Public Record
Sold 1987-10-13
$320,000
Public Record

Net Operating Income: 128184.00

Total Square Feet Living: 6816
Year Built: 1963
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 61
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Public Records

Electric Expense: 600.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 6000.00
Water Source: Public

El Sereno Elementary School is a public elementary school located approximately 0.4 miles away.
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El Sereno Middle School is a public middle school located approximately 0.9 miles away.
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All Saints Elementary School is a private elementary and middle school located approximately 0.4 miles away.
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Anahuacalmecac International University Preparatory Of North America is a public elementary, middle and high school located approximately 0.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.