Exceptional opportunity to acquire a true VALUE-ADD investment property with a +/-58% upside potential. This cozy property consists of two duplexes situated on a uniquely shaped lot with minimal maintenance. Each unit features a 2bed/1bath, four tandem parking spaces, and garden space. This property is located in a highly desirable Northeast Los Angeles historic corridor of Cypress Park with easy access to the 110 freeway, Heritage Square Gold Line Metro station, shopping, local eateries, schools, and recreation. A savvy investor with a value add strategy will be able to take advantage of the steadily rising rental rates in the area with future renovation. This 4-unit property has the ability to lock in 30-year fixed debt, and up to a 75% LTV. Could be great for a first-time buyer or owner occupant! Seller may consider carrying!
Sold for $790,000
Listed by: Growth Investment Group Pasade • Justin McCardle • Contact: 310-606-0192
Bought with: Excellence RE Real Estate
Tax assessed value
$790,000
3619 Carlota Blvd, Los Angeles, CA 90031
8beds
4baths
2,473sqft
Quadruplex
Built in 1959
-- sqft lot
$908,200 Zestimate®
$319/sqft
$2,191 Estimated rent
Home value
$908,200
$808,000 - $1.01M
$2,191/mo
Zestimate® history
Owner options
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$2,191/mo
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$5,128/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Justin McCardle DRE #01895720 909-486-2069,
Growth Investment Group Pasade
Bought with:
Whenrica McAfee, DRE #01995493
Excellence RE Real Estate
Source: CRMLS,MLS#: AR24110139
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,473
- Total interior livable area: 2,473 sqft
Property
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 4,418 Square Feet
- Features: 2-5 Units/Acre, Irregular Lot
Details
- Parcel number: 5446027023
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Dog Park, Park, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $319/sqft
- Tax assessed value: $790,000
- Annual tax amount: $9,845
- Date on market: 5/30/2024
- Cumulative days on market: 47 days
- Listing terms: Cash,Cash to New Loan,Owner May Carry,Private Financing Available
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2024 | Sold | $790,000-1.3%$319/sqft |
Source:  CRMLS #AR24110139 Report a problem | ||
| 7/16/2024 | Pending sale | $800,000$323/sqft |
Source: CRMLS #AR24110139 Report a problem | ||
| 5/31/2024 | Listed for sale | $800,000+116.2%$323/sqft |
Source: CRMLS #AR24110139 Report a problem | ||
| 8/22/2012 | Sold | $370,000+49.8%$150/sqft |
Source: Public Record Report a problem | ||
| 1/26/2012 | Sold | $247,000-8.5%$100/sqft |
Source: Public Record Report a problem | ||
| 11/22/2011 | Price change | $269,900-23.3%$109/sqft |
Source: isNowListed.com Report a problem | ||
| 8/10/2011 | Listed for sale | $352,000+17.3%$142/sqft |
Source: Realty Masters #M11102101 Report a problem | ||
| 3/18/2011 | Sold | $300,000$121/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,845 +70.3% | $790,000 +76.9% |
| 2024 | $5,782 +1.9% | $446,686 +2% |
| 2023 | $5,676 +4.7% | $437,928 +2% |
| 2022 | $5,420 +1.4% | $429,342 +2% |
| 2021 | $5,344 -0.9% | $420,925 +1% |
| 2020 | $5,393 | $416,609 +2% |
| 2019 | $5,393 +5.5% | $408,441 +2% |
| 2018 | $5,112 | $400,433 +2% |
| 2017 | $5,112 +2.2% | $392,582 +2% |
| 2016 | $5,003 +2.7% | $384,886 +1.5% |
| 2015 | $4,869 +0.6% | $379,105 +2% |
| 2014 | $4,841 | $371,679 +4.8% |
| 2010 | -- | $354,644 -0.2% |
| 2009 | -- | $355,488 +103.9% |
| 2007 | -- | $174,358 +2% |
| 2006 | -- | $170,941 +4% |
| 2004 | -- | $164,304 +1.9% |
| 2003 | -- | $161,293 +6.1% |
| 2000 | -- | $151,992 |
Find assessor info on the county website
Neighborhood: Cypress Park
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Nearby schools
GreatSchools rating
- 5/10Loreto Street Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Florence Nightingale Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Abraham Lincoln Senior High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$908,200
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Estimated market value
$908,200
- California
- Los Angeles County
- Los Angeles
- 90031
- Cypress Park
- 3619 Carlota Blvd
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