3833 - 3835 Woodlawn, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$1,050,000$3,446/sqft
3833 - 3835 Woodlawn, Los Angeles, California 90011
0Bed
0Bath
3,446Sqft
5,410Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Modern Construction & Quality Finishes: Built in 2014, this duplex features all new construction with modern amenities including central heating, dual-pane vinyl windows, solid wood cabinets, and granite countertops, ensuring low immediate maintenance and contemporary living standards.
Top Cons:
Absence of Cooling System: The property description highlights central heating but makes no mention of an air conditioning system, which could be a significant drawback and comfort issue for tenants during Los Angeles's warmer months.
Compared to the nearby listings
Price:$1.05M vs avg $699.0K (+$351,000)86%
Size:3,446 sqft vs avg 2,076 sqft90%
Price/sqft:$305 vs avg $33731%
More Insights
Built in 2014 (12 years old).
Condition: Built in 2014, this property is 12 years old, aligning with the 'Good' condition criteria. The description highlights modern construction with central heating, dual-pane windows, solid wood cabinets, and granite countertops, indicating good quality and functionality. While no interior images are provided to assess current aesthetic wear and tear, the initial construction quality suggests it is move-in ready with well-maintained systems.
Year Built
2014
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$305
HOA
-
Days on market
-
Sold On
-
MLS number
PW25279485
Home ConditionGood
Features
View-
About this home
Ocean Development duplex - all new construction in 2014. Each unit includes over 1,700 square feet of living space with 5 bedrooms and 3 full baths. Each unit is currently leased at $3,800 per month. This duplex is thoughtfully designed with one unit in front and the second unit in back - No one above or below either unit. Design features include central heating systems, dual pane vinyl frame windows, solid wood cabinets, and granite counter tops. Private interior laundry room in each unit conveniently on the second level. Property includes a 2 car garage. We feel this is the best investment property opportunity when combining price, design, year built, quality of construction, location, features, and return on investment. Actual annual gross rental income: $91,200, Estimated Net annual rental income: $56,220. Estimated 5.35% Cap Rate.
C
Cary Hairabedian
Listing Agent
Nearby schools
3/10
Trinity Street Elementary School
Public,•K-5•0.2mi
/10
Maple Primary Center
Public,•K-1•0.3mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.3mi
5/10
Dolores Huerta Elementary School
Public,•K-5•0.6mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.7mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.7mi
2/10
Harmony Elementary School
Public,•K-5•0.8mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.9mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.9mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.0mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.1mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.1mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.1mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.3mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.5mi
5/10
San Pedro Street Elementary School
Public,•K-5•1.5mi
2/10
John W. Mack Elementary School
Public,•K-5•1.5mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.6mi
4/10
Norwood Street Elementary School
Public,•K-5•1.6mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.5mi
4/10
John Adams Middle School
Public,•6-8•0.7mi
3/10
George Washington Carver Middle School
Public,•6-8•0.9mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.4mi
2/10
John Muir Middle School
Public,•6-8•2.0mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.2mi
3/10
Manual Arts Senior High School
Public,•9-12•1.1mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.3mi
5/10
Santee Education Complex
Public,•9-12•1.3mi
4/10
West Adams Preparatory High School
Public,•9-12•2.2mi
Price History
Date
Event
Price
07/10/14
Sold
$545,005
09/30/13
Sold
$190,000
Condition Rating
Good
Built in 2014, this property is 12 years old, aligning with the 'Good' condition criteria. The description highlights modern construction with central heating, dual-pane windows, solid wood cabinets, and granite countertops, indicating good quality and functionality. While no interior images are provided to assess current aesthetic wear and tear, the initial construction quality suggests it is move-in ready with well-maintained systems.
Pros & Cons
Pros
Modern Construction & Quality Finishes: Built in 2014, this duplex features all new construction with modern amenities including central heating, dual-pane vinyl windows, solid wood cabinets, and granite countertops, ensuring low immediate maintenance and contemporary living standards.
Strong Investment Opportunity: The property presents an excellent investment with both units currently leased, generating an actual annual gross rental income of $91,200 and an estimated 5.35% Cap Rate, indicating robust financial performance and immediate cash flow.
Spacious & Private Units: Each unit offers over 1,700 square feet of living space with 5 bedrooms and 3 full baths, providing ample room. The thoughtful 'front and back' design ensures privacy with no shared walls above or below.
Desirable Tenant Amenities: Each unit includes a private interior laundry room conveniently located on the second level, and the property features a 2-car garage, highly sought-after amenities that enhance tenant appeal and retention in Los Angeles.
Strategic Los Angeles Location: Situated in Los Angeles, specifically the C42 - Downtown L.A. area, the property benefits from high rental demand and potential for long-term appreciation inherent to the metropolitan market.
Cons
Absence of Cooling System: The property description highlights central heating but makes no mention of an air conditioning system, which could be a significant drawback and comfort issue for tenants during Los Angeles's warmer months.
Lack of Desirable Views: The property explicitly states 'view: None', indicating an absence of scenic city, ocean, or other appealing vistas, which might limit its premium market appeal compared to properties with such features.
Mixed Local School Ratings: While some nearby schools have high ratings, several others in the vicinity carry lower ratings (2s and 3s), which could be a consideration for families with school-aged children and potentially impact the property's desirability for certain tenant demographics.