Newly Priced! East LA- 5.61% Cap (with the possibility of the Cap rate of getting close to 6% with rent increases in August 2024) Great investment property situated on a huge 11,387 Sq Ft lot. Not subject to LA's (RSO) Rent Stabilization Ordinance. 3 separate buildings and each unit has NO shared walls. 2 driveways with a lot of room for parking. Close to Mariachi Plaza/Boyle Heights and a short distance to DTLA, Crypto/LA LIVE, Dodger Stadium, & Cal State LA. High rental demand area and great unit mix. (2- 2+1, 1 4+3, and one Studio) Convenient and quick access to 5, 60, and 10 freeways. Shown with accepted offer only. 100% Tenant Occupied. Do not walk on the property or disturb tenants. Agents READ private comments.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1905
Stories: 2
Living Area: 3,179 SqFt
Listing Office:
Office Name: Nourmand & Associates-HW
Office Phone: (323) 462-6262
Listing Agent: Christopher Furstenberg
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 7
Exterior Features
Parking Information:
Parking: Carport, Driveway
Lot Features
Lot Information:
Lot Size: 0.26 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
School Info
Assigned Schools Information:
East Los Angeles Performing Arts Academy at Esteban E. Torres High School, Public District Grades 9-12
Social Justice Leadership Academy at Esteban E. Torres High School, Public District Grades 9-12
Engineering and Technology Academy at Esteban E. Torres High School, Public District Grades 9-12
Robert Louis Stevenson Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Rowan Avenue Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: S of 60 Freeway, East of Indiana, North of Whittier Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $1,475,000
Price Per SqFt: $464/SqFt
Tax Information:
Annual Amount: $10,404
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $499K more than the Median Sold Price and $164/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: #24349373
Listing Office:
Office Name: Nourmand & Associates-HW
Office Phone: (323) 462-6262
Listing Agent: Christopher Furstenberg
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, 8:20:25 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
Mar 24, 2020
Mar 24, 2020Home Sold
$735,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,404
$742,614
2020
$2,522
$386,202
2019
$2,251
$72,033
2018
$2,221
$70,622
2017
$2,221
$69,239
History based on county public records data.
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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
4
/10
Rowan Avenue Elementary School
600 S Rowan Ave
Distance between this listing and this school0.23 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.62 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school22.53 miles
Public Magnet Grades KG-5
Middle School
3
/10
Robert Louis Stevenson Middle School
725 S Indiana St
Distance between this listing and this school0.28 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school5.80 miles
Public District Grades 6-8
High School
2
/10
East Los Angeles Performing Arts Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school1.22 miles
Public District Grades 9-12
3
/10
Social Justice Leadership Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school1.22 miles
Public District Grades 9-12
2
/10
Engineering and Technology Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school1.22 miles
Public District Grades 9-12
Assigned Schools
4
/10
Rowan Avenue Elementary School
600 S Rowan Ave
Distance between this listing and this school0.23 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.62 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school22.53 miles
Public Magnet Grades KG-5
Assigned Schools
3
/10
Robert Louis Stevenson Middle School
725 S Indiana St
Distance between this listing and this school0.28 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school5.80 miles
Public District Grades 6-8
Nearby Schools
5
/10
Belvedere Middle School
312 N Record Ave
Distance between this listing and this school0.90 miles
Public Magnet Grades 6-8
Assigned Schools
2
/10
East Los Angeles Performing Arts Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school1.22 miles
Public District Grades 9-12
3
/10
Social Justice Leadership Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school1.22 miles
Public District Grades 9-12
2
/10
Engineering and Technology Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school1.22 miles
The neighbors living near this home have an average income of $39,051. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is married, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3641 Lanfranco St
What is the listing price of this property?
The listing price of 3641 Lanfranco St property is $1,475,000.
What type of property is this?
The property 3641 Lanfranco St is a house located in Los Angeles, California, 90063.
Is this property for sale now?
Active Listing: 3641 Lanfranco St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 3641 Lanfranco St are: Rowan Avenue Elementary School: GreatSchools Rating 4/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Point Fermin Elementary School: GreatSchools Rating 6/10Robert Louis Stevenson Middle School: GreatSchools Rating 3/10Studio: GreatSchools Rating 4/10East Los Angeles Performing Arts Academy at Esteban E. Torres High School: GreatSchools Rating 2/10Social Justice Leadership Academy at Esteban E. Torres High School: GreatSchools Rating 3/10Engineering and Technology Academy at Esteban E. Torres High School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,404 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 24, 2020 for $735,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3641 Lanfranco St has 7 bedrooms and 7 bathrooms.
What is the square footage of this property?
The property 3641 Lanfranco St is 3,179 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3641 Lanfranco St is 1905.
This home is located at 3641 Lanfranco St in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. This 3,179 square foot home, which was built in 1905, sits on a 0.26 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $1,475,000.
In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. In March 2024 in Los Angeles, CA there were 10.8% more homes for sale than in February 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.