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3625 Regal Pl, Los Angeles, CA, 90068

$4,995,000

24 Bedrooms
19 Baths
12,357 SqFt
$404/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingCarport
Year Built1964
MLS #24370458
Lot Size0.27 Acres
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
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

3625 Regal Pl vs Los Angeles

40 DAYS ON ROCKET

+6 Days

$4,995,000

+$4.0M More

$404/SqFt

-$224 Less

KEY TAKEAWAY

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

IDX 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

Jan 08, 2016Home Sold
$4,225,000
Oct 29, 2009Home Sold
$2,450,000
Sep 06, 2005Home Sold
$1,900,000
Jul 01, 1997Home Sold
$475,000
Jul 01, 1997Home Sold
$475,000

Tax History

YEARPROP. TAXASSESSMENT
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

$24.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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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

school-card-donut-3165190
8
/10
  • Rio Vista Elementary School

  • 4243 Satsuma Ave

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-3165191
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.59 miles

  • Public Magnet Grades KG-6

school-card-donut-3165192
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.59 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3165193
6
/10
  • Walter Reed Middle School

  • 4525 Irvine Ave

  • 1.86 miles

  • Public District Grades 6-8

school-card-donut-3165194
4
/10
  • Studio

  • 2211 W Avenue 30

  • 7.51 miles

  • Public District Grades 6-8

High School

school-card-donut-3165195
7
/10
  • North Hollywood Senior High School

  • 5231 Colfax Ave

  • 2.69 miles

  • Public Magnet Grades 9-12

school-card-donut-3165196
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 8.87 miles

  • Public Magnet Grades 9-12

school-card-donut-3165197
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 10.92 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

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 8/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Walter Reed Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
North Hollywood Senior High School: GreatSchools Rating 7/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, 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.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900683625 Regal Pl

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.

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