3710 Wall Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath

3710 Wall Street, Los Angeles, California 90011 home-pic-0
ACTIVE$1,095,000
3710 Wall Street, Los Angeles, California 90011
0Bed
0Bath
2,436Sqft
4,400Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Triplex: The property is a triplex, offering multiple rental units and a strong potential for consistent rental income, making it an attractive investment.
Top Cons:
Historic Property Age: Built in 1908, the property is over a century old, which may indicate potential for aging infrastructure, outdated systems, and higher long-term maintenance costs for un-rehabbed components.

Compared to the nearby listings

Price:$1.09M vs avg $672.0K (+$423,000)88%
Size:2,436 sqft vs avg 2,042 sqft81%
Price/sqft:$450 vs avg $34573%

More Insights

Built in 1908 (117 years old).
Condition: This triplex, built in 1908, has undergone significant recent renovations in two of its three units. The description explicitly states that units 3710 and 3710 1/2 have been 'completely rehabbed' with new laminated floors, modern kitchen cabinets, countertops, and new bathrooms with tile floors. The images strongly support this, showcasing contemporary kitchens with stainless steel appliances and stylish bathrooms featuring modern vanities, LED mirrors, and updated fixtures. The overall aesthetic of the renovated units is fresh and move-in ready. However, one unit (3712) is noted to be under 'normal wear and tear' and has not been rehabbed, which prevents the entire property from achieving an 'Excellent' rating. While the renovated portions are virtually new, the property's age and the un-renovated unit suggest that some systems or components may not be brand new or fully updated throughout the entire structure, aligning with the 'Good' criteria of being move-in ready with well-maintained systems and significant updates, but not a full recent renovation across all units.
Year Built
1908
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$450
HOA
-
Days on market
-
Sold On
-
MLS number
DW25055927
Home ConditionGood
Features
View-

About this home

Great Triplex in a desirable area of Los Angeles. 2 Units in the front and 1 unit in the back. the front 2 units are 2 bedrooms and 1.5 bath each. The back unit is 3 bedroom and 1.5 bath. 3710 in the front has been completely rehabbed with laminated floors, new closet doors, new kitchen cabinets and counter tops, new bathrooms with tile floors as well. 3712 in the front is currently tenant occupied and is currently under normal wear and tear. The back units 3710 1/2 has also been completely rehabbed and consists of 3 bedroom and 1.5 bath with new laminated flooring, new kitchen cabinets and counter tops. new bathrooms as well. must see to appreciate. It has a big storage building in between the front building and the back building. The Whole Property has CCTV and owner can see what's happening on the premises from their own Phone and/or Computer. Great Value Pack.

Nearby schools

/10
Maple Primary Center
Public,K-10.1mi
3/10
Trinity Street Elementary School
Public,K-50.2mi
4/10
Ricardo Lizarraga Elementary School
Public,K-50.3mi
5/10
Dolores Huerta Elementary School
Public,K-50.4mi
4/10
Quincy Jones Elementary School
Public,K-50.5mi
3/10
Twenty-Eighth Street Elementary School
Public,K-50.6mi
3/10
Wadsworth Avenue Elementary School
Public,K-50.7mi
2/10
Harmony Elementary School
Public,K-50.7mi
5/10
West Vernon Avenue Elementary School
Public,K-50.9mi
3/10
Sally Ride Elementary: A Smart Academy
Public,K-51.1mi
2/10
Forty-Ninth Street Elementary School
Public,K-51.2mi
5/10
Menlo Avenue Elementary School
Public,K-51.2mi
5/10
Twentieth Street Elementary School
Public,K-51.3mi
5/10
San Pedro Street Elementary School
Public,K-51.3mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,K-51.4mi
4/10
Nevin Avenue Elementary School
Public,K-51.4mi
4/10
Norwood Street Elementary School
Public,K-51.5mi
/10
Dr. James Edward Jones Primary Center
Public,K-21.6mi
2/10
John W. Mack Elementary School
Public,K-51.6mi
3/10
William Jefferson Clinton Middle School
Public,6-80.4mi
4/10
John Adams Middle School
Public,6-80.6mi
3/10
George Washington Carver Middle School
Public,6-80.9mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,6-81.2mi
2/10
John Muir Middle School
Public,6-82.3mi
2/10
Barack Obama Global Preparation Academy
Public,6-82.4mi
5/10
Santee Education Complex
Public,9-121.1mi
2/10
Thomas Jefferson Senior High School
Public,9-121.1mi
3/10
Nava College Preparatory Academy
Public,9-121.1mi
3/10
Manual Arts Senior High School
Public,9-121.3mi
4/10
West Adams Preparatory High School
Public,9-122.1mi

Price History

Date
Event
Price
03/26/98
Sold
$210,000
08/01/22
Sold
$322,000
Condition Rating
Good

This triplex, built in 1908, has undergone significant recent renovations in two of its three units. The description explicitly states that units 3710 and 3710 1/2 have been 'completely rehabbed' with new laminated floors, modern kitchen cabinets, countertops, and new bathrooms with tile floors. The images strongly support this, showcasing contemporary kitchens with stainless steel appliances and stylish bathrooms featuring modern vanities, LED mirrors, and updated fixtures. The overall aesthetic of the renovated units is fresh and move-in ready. However, one unit (3712) is noted to be under 'normal wear and tear' and has not been rehabbed, which prevents the entire property from achieving an 'Excellent' rating. While the renovated portions are virtually new, the property's age and the un-renovated unit suggest that some systems or components may not be brand new or fully updated throughout the entire structure, aligning with the 'Good' criteria of being move-in ready with well-maintained systems and significant updates, but not a full recent renovation across all units.
Pros & Cons

Pros

Income-Generating Triplex: The property is a triplex, offering multiple rental units and a strong potential for consistent rental income, making it an attractive investment.
Recent Unit Renovations: Two of the three units (3710 front and 3710 1/2 back) have been completely rehabbed with new laminated floors, kitchen cabinets, countertops, and bathrooms, reducing immediate renovation needs for a new owner.
Desirable Los Angeles Location: Situated in a desirable area of Los Angeles, the property benefits from strong rental demand and potential for appreciation in a major metropolitan market.
Enhanced Security System: The entire property is equipped with a CCTV system, allowing the owner to monitor the premises remotely, which adds a valuable layer of security for tenants and property management.
Proximity to Highly-Rated Schools: The property is located near several highly-rated elementary schools (e.g., Dolores Huerta Elementary, San Pedro Street Elementary) and a high school (Santee Education Complex), appealing to families.

Cons

Historic Property Age: Built in 1908, the property is over a century old, which may indicate potential for aging infrastructure, outdated systems, and higher long-term maintenance costs for un-rehabbed components.
Inconsistent Unit Condition: One unit (3712) is described as being under 'normal wear and tear' and has not been rehabbed, suggesting it may require significant future investment to match the condition of the other two units or to maximize rental income.
Potential for Deferred Maintenance: Despite some renovations, the overall age of the building implies a higher likelihood of encountering deferred maintenance issues in common areas, the un-rehabbed unit, or structural components not addressed in recent updates.

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