3 months on rocket

3500 Cimarron St, Los Angeles, CA, 90018

$1,450,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Baths
2,484 SqFt
$584/SqFt
House

Location

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3500 Cimarron St, Los Angeles$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Driveway
Year Built1945
MLS #24422163
Lot Size0.13 Acres
StatusActive

About 3500 Cimarron St

We're excited to present 3500 Cimarron St, a prime investment opportunity offering a low-maintenance addition to your portfolio. This property features three units, each with two (2) bedrooms and one (1) bathroom. It also includes a spacious parking area with the potential to add an ADU for additional income (buyer to verify). The property was just painted, had new heating systems installed, re-roofed in 2017 and 2/3 of the units have been updated. Fully occupied and generating a total monthly income of $8,464 (rental increases available for all units at the beginning of next year) and minimal expenses, Cimarron is located in a thriving, up-and-coming area that promises future growth and development opportunities for any buyer. Please do not disturb the tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Stories: 2
  • Living Area: 2,484 SqFt

Listing Office:

  • Office Name: Skylight Real Estate Advisors, Inc.
  • Office Phone: (310) 592-0833
  • Listing Agent: Austin Muller

Interior Features

Interior Information:

  • Appliances: Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Assigned, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $584/SqFt

Tax Information:

  • Annual Amount: $1,605
  • 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

3500 Cimarron St vs Los Angeles

111 DAYS ON ROCKET

+73 Days

$1,450,000

+$426.5K More

$584/SqFt

-$57 Less

KEY TAKEAWAY

This property is $426.5K more than the Median Sold Price and $57/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: #24422163

Listing Office:

  • Office Name: Skylight Real Estate Advisors, Inc.
  • Office Phone: (310) 592-0833
  • Listing Agent: Austin Muller

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: 11/22/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 24, 2021Home Sold
$750,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,605$99,656
2020$1,567$98,635
2019$1,453$96,702
2018$1,429$94,807
2017$1,429$92,949

History based on county public records data.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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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-484271
7
/10

  • Bright Elementary School

  • 1771 W 36th St

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-484272
3
/10

  • 6th Avenue Elementary School

  • 3109 6th Ave

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-484273
6
/10

  • Mid-City's Prescott School of Enriched Sciences

  • 3150 W Adams Blvd

  • 0.56 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,444. The most common annual income of people living in Los Angeles, CA is less than $35k. Most families are single, no 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 3500 Cimarron St

What is the listing price of this property?

The listing price of 3500 Cimarron St property is $1,450,000.

What type of property is this?

The property 3500 Cimarron St is a house located in Los Angeles, California, 90018.

Is this property for sale now?

Active Listing: 3500 Cimarron 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 $1,605 (source: MLS/based on county public records data).

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

The last sale was on May 24, 2021 for $750,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3500 Cimarron St has 6 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 3500 Cimarron St is 2,484 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3500 Cimarron St is 1945.

Rocket Homes›California›Los Angeles County›Los Angeles›90018›3500 Cimarron St

This home is located at 3500 Cimarron St in Los Angeles, CA and zip code 90018 in the South LA neighborhood. This 2,484 square foot home, which was built in 1945, sits on a 0.13 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $1,450,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. 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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