2 months on rocket

3414 Fowler St, Los Angeles, CA, 90063

$699,000

Home List Price

$8,301*

Closing Credit

2 Bedrooms
2 Baths
2,568 SqFt
$272/SqFt
House

Location

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3414 Fowler St, Los Angeles$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1941
MLS #24434885
Lot Size0.11 Acres
StatusActive

About 3414 Fowler St

DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a mixed use two unit commercial building located at 3414 Fowler Street. The subject property is located East of Soto Street and North of the 10 Freeway. The building is within an 8-minute drive to the heart of Downtown Los Angeles, offering a slew of vibrant restaurants, cafes, bars, theaters, grocery stores, gyms, and entertainment choices. The location also provides strong employment drivers like University of Southern California Health Campus, Los Angeles General Medical Center, and East Los Angeles College. Situated on a 4,844 square foot corner lot, the property is comprised of one one-bedroom apartment and a commercial retail unit. The property's retail component serves a lot of the surrounding businesses through its convenient store tenant. There is more than 71% rental upside through interior renovations. 3414 Fowler St presents investors a unique opportunity to attain a rare mixed-use asset in an up-and-coming pocket of East Los Angeles that is a short distance to the most attractive thoroughfare in the submarket. This area is currently undergoing a burgeoning gentrification that will support continued rental growth for a new investor who is looking to capitalize on the value-add potential this asset offers.

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 2
  • Living Area: 2,568 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Rosenzweig

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Other

Directions Information:

  • Directions: East of North Indiana Street & South of Medford Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $272/SqFt

Tax Information:

  • Annual Amount: $6,408
  • 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

3414 Fowler St vs Los Angeles

68 DAYS ON ROCKET

+30 Days

$699,000

-$324.4K Less

$272/SqFt

-$369 Less

KEY TAKEAWAY

This property is $324.4K less than the Median Sold Price and $369/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: #24434885

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Rosenzweig

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: 11/10/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,408$398,172
2020$6,236$394,090
2019$6,130$386,364
2018$6,022$378,789
2017$6,022$371,362

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-816436
4
/10

  • Harrison Street Elementary

  • 3529 City Terrace Dr

  • 0.30 miles

  • Public District Grades KG-6

school-card-donut-816437
3
/10

  • Murchison Street Elementary School

  • 1501 Murchison St

  • 0.44 miles

  • Public District Grades PK-6

school-card-donut-816438
5
/10

  • Evergreen Elementary School

  • 2730 Ganahl St

  • 0.65 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,368. Most Los Angeles, CA residents have annual incomes between $35k-100k. Most families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3414 Fowler St

What is the listing price of this property?

The listing price of 3414 Fowler St property is $699,000.

What type of property is this?

The property 3414 Fowler St is a house located in Los Angeles, California, 90063.

Is this property for sale now?

Active Listing: 3414 Fowler St 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 $6,408 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3414 Fowler St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3414 Fowler St is 2,568 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3414 Fowler St is 1941.

Rocket Homes›California›Los Angeles County›Los Angeles›90063›3414 Fowler St

This home is located at 3414 Fowler St in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. This 2,568 square foot home, which was built in 1941, sits on a 0.11 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $699,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased 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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