StatusAccepting Backup Offers (Active Under Contract)
About 3625 Regal Pl
We are pleased to present for sale a highly unique 14-unit multifamily gem nestled in the Hollywood Hills walking distance to Universal City. 3625 Regal Place was built in 1964 and comprises a mix of 1, 2 and 3-bedroom units with unique architectural details and spacious layouts. The oversized 11,763 square foot parcel is situated on a gentle slope creating unique elevations throughout the property. There are private patio spaces with views of the surrounding hills as well as front and rear access via both Regal Place and Fredonia Drive. Soft story retrofitting has been completed and a certificate of completion has been issued. 3625 Regal is ideally located on a quiet cul-de-sac in close proximity to Hollywood, Universal City and Studio City. The property is walking distance to an amazing assortment of dining and entertainment options including The Baked Potato, Miceli's and Good Neighbor. 3625 Regal generates fantastic income equating to a cap rate of over 4.5% with remaining upside of approximately 45%. This is a rare turnkey asset allowing for favorable financing yet with tremendous upside potential.
Property Details
Property Features
Property Information:
Year Built: 1964
Stories: 2
Living Area: 12,357 SqFt
Listing Office:
Office Name: REMAX COMMERCIAL & INVESTMENT REALTY
Office Phone: (310) 802-2500
Listing Agent: Robert Renshaw
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 24
Exterior Features
Parking Information:
Parking: Carport
Lot Features
Lot Information:
Lot Size: 0.27 Acres
School Info
Assigned Schools Information:
North Hollywood Senior High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Walter Reed Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Rio Vista Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: Regal Pl at Cahuenga Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $4,995,000
Price Per SqFt: $404/SqFt
Tax Information:
Annual Amount: $74,916
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $4.0M more than the Median Sold Price and $224/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24370458
Listing Office:
Office Name: REMAX COMMERCIAL & INVESTMENT REALTY
Office Phone: (310) 802-2500
Listing Agent: Robert Renshaw
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/29/2024, 2:20:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 08, 2016
Jan 08, 2016Home Sold
$4,225,000
Oct 29, 2009
Oct 29, 2009Home Sold
$2,450,000
Sep 06, 2005
Sep 06, 2005Home Sold
$1,900,000
Jul 01, 1997
Jul 01, 1997Home Sold
$475,000
Jul 01, 1997
Jul 01, 1997Home Sold
$475,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$74,916
$6,185,402
2020
$54,806
$6,120,000
2019
$54,549
$4,483,603
2018
$53,333
$4,395,690
2017
$53,333
$4,309,500
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$24.9K
Per Month
Principal & Interest
$24.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$15K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Rio Vista Elementary School
4243 Satsuma Ave
Distance between this listing and this school0.94 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school3.59 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school16.59 miles
Public Magnet Grades 1-5
Middle School
6
/10
Walter Reed Middle School
4525 Irvine Ave
Distance between this listing and this school1.86 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.51 miles
Public District Grades 6-8
High School
7
/10
North Hollywood Senior High School
5231 Colfax Ave
Distance between this listing and this school2.69 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school8.87 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school10.92 miles
Public Magnet Grades 9-12
Assigned Schools
8
/10
Rio Vista Elementary School
4243 Satsuma Ave
Distance between this listing and this school0.94 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school3.59 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school16.59 miles
Public Magnet Grades 1-5
Assigned Schools
6
/10
Walter Reed Middle School
4525 Irvine Ave
Distance between this listing and this school1.86 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.51 miles
Public District Grades 6-8
Nearby Schools
6
/10
Luther Burbank Middle School
3700 W Jeffries Ave
Distance between this listing and this school3.19 miles
Public District Grades 6-8
Assigned Schools
7
/10
North Hollywood Senior High School
5231 Colfax Ave
Distance between this listing and this school2.69 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school8.87 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school10.92 miles
The neighbors living near this home have an average income of $108,534. Most Los Angeles, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3625 Regal Pl
What is the listing price of this property?
The listing price of 3625 Regal Pl property is $4,995,000.
What type of property is this?
The property 3625 Regal Pl is a house located in Los Angeles, California, 90068.
Is this property for sale now?
Accepting Backup Offers: 3625 Regal Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 3625 Regal Pl are: Rio Vista Elementary School: GreatSchools Rating 8/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Academy For Enriched Sciences: GreatSchools Rating 9/10Walter Reed Middle School: GreatSchools Rating 6/10Studio: GreatSchools Rating 4/10North Hollywood Senior High School: GreatSchools Rating 7/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $74,916 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 8, 2016 for $4,225,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3625 Regal Pl has 24 bedrooms and 19 bathrooms.
What is the square footage of this property?
The property 3625 Regal Pl is 12,357 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3625 Regal Pl is 1964.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3625 Regal Pl in Los Angeles, CA and zip code 90068 in the The San Fernando Valley neighborhood. This 12,357 square foot home, which was built in 1964, sits on a 0.27 acre lot. Features: 24 bedrooms, 19 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $4,995,000.
While more than 628 listings in Los Angeles, CA in March 2024 were sold above asking price, there were more than 196 listings sold at asking price, and more than 579 were sold below. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.
From Rocket Homes Real Estate and based on county public records data.