5 months on rocket

3123 S Grand Ave, Los Angeles, CA, 90007

$1,850,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
4 Full Baths, 2 Partial
3,690 SqFt
$501/SqFt
House

Location

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3123 S Grand Ave, Los Angeles$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage
Year Built1901
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewNone
MLS #24400509
Lot Size0.16 Acres
StatusActive

About 3123 S Grand Ave

This property is a fully vacant 10 room single family home that has several uses to produce income. With USC a couple of blocks away and LA Trade Tech within 3/4 of a mile, this property can be used as student housing, Air Bnb, or rented as co-living space. There is a detached garage measuring approximately 360 sq.ft. that can potentially be converted to an ADU. This property has endless possibilities to generate income.

Property Details

Property Features

Property Information:

  • Year Built: 1901
  • Stories: 3
  • Living Area: 3,690 SqFt

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (619) 663-8680
  • Listing Agent: Henry Garcia

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Near the corner of Grand Ave & 33rd St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $501/SqFt

Tax Information:

  • Annual Amount: $20,557
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

3123 S Grand Ave vs Los Angeles

169 DAYS ON ROCKET

+131 Days

$1,850,000

+$826.5K More

$501/SqFt

-$140 Less

KEY TAKEAWAY

This property is $826.5K more than the Median Sold Price and $140/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: #24400509

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (619) 663-8680
  • Listing Agent: Henry Garcia

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: 11/21/2024, 7:20:57 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

Aug 07, 2020Home Sold
$1,700,000
Dec 17, 2018Home Sold
$800,000
Aug 02, 1995Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2021$20,557$1,700,000
2020$9,967$816,000
2019$3,179$800,000
2018$3,117$226,286
2017$3,117$221,850

History based on county public records data.

Payment Calculator

$9,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

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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.

Nearby Schools

school-card-donut-405488
7
/10

  • Dolores Huerta Elementary School

  • 260 E 31st St

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-405489
6
/10

  • Accelerated Charter Elementary School

  • 3914 S Main St

  • 0.48 miles

  • Public Charter Grades KG-6

school-card-donut-405490
5
/10

  • Dr. Theodore T. Alexander Jr. Science Center

  • 3737 S Figueroa St

  • 0.57 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,671. The most common annual income of people living in Los Angeles, CA is less than $35k. The most common type of family is single, no 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 3123 S Grand Ave

What is the listing price of this property?

The listing price of 3123 S Grand Ave property is $1,850,000.

What type of property is this?

The property 3123 S Grand Ave is a house located in Los Angeles, California, 90007.

Is this property for sale now?

Active Listing: 3123 S Grand Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $20,557 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 7, 2020 for $1,700,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3123 S Grand Ave has 10 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 3123 S Grand Ave is 3,690 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3123 S Grand Ave is 1901.

Rocket Homes›California›Los Angeles County›Los Angeles›90007›3123 S Grand Ave

This home is located at 3123 S Grand Ave in Los Angeles, CA and zip code 90007 in the South LA neighborhood. This 3,690 square foot home, which was built in 1901, sits on a 0.16 acre lot. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 05, 2024 and is currently priced at $1,850,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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