NOT LISTED FOR SALE
3 Beds
2 Baths
4,998 Sq Ft
6,750 Sq Ft Lot

Last Sold June 11, 2020

Last sale price $1,686,000 $337 Per Sq Ft

54 Days on Market

Highlights

  • No HOA
  • John Marshall Senior High Rated A
  • Laundry Room

About This Home

As of June 2020

Inspired by midcentury Modernism architecture, these newly renovated rental homes are just minutes to the prestigious University of Southern California (USC) and thriving Downtown Los Angeles. 3512 La Clede, located in the heart of central Los Angeles, features a six-unit, two-story low-rise building with enhanced modern architecture and a gray cement shade base and accents of earth tone colors.

Carefully restored and designed by a renowned LA designer, these 1960s modern luxury rental homes feature keyless entry door locks to spacious one and two-bedroom floor plans with newly renovated kitchen and bathrooms. The kitchen boasts sparkling white stone quartz countertops with brand new self closing cabinetry and high-end stainless-steel refrigerators with matching gas cooktop with oven and microwave. iRing doorbells with a smart home video security camera are also included as well as a stackable washer and dryer. Bathrooms feature porcelain tiled bath tubs and glass shower doors. Each rental home also includes central A/C cooling and heating with recessed lights with luxury style cellular shade window blinds and distressed wood plank floors.

Located in one of central LA’s most historic and vibrant neighborhoods and minutes off the 5, 10, and 710. Visitors to the area today can venture back to prehistoric times at the Natural History Museum of Los Angeles County, look to the future of science and technology at the California Science Center, take a stroll in one of the country’s largest rose gardens or watch sporting events at the historic Los Angeles Memorial Coliseum, site of the 1932 and 1984 Olympic Games and home to USC Trojan Football. Today’s University Park neighborhood contains an outstanding array of museums, galleries, theatres, sport venues, gardens, libraries and churches. With its rich mixture of education and entertainment, art and culture, the past and the future, the neighborhood offers exciting discoveries for people all ages.

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| EXTERIOR | - Newly Modernized Façade - City Approved & Completed Earthquake Seismic Retrofit - Keyless Electronic Entry

| INTERIOR | - Cellular Shade Window Blinds - Spacious Designer Floor Plan - Vinyl Plank Flooring

| KITCHEN | - Modern Designer Cabinetry - Quartz Countertops - Stainless-Steel Appliances - Refrigerator - Range w/ Oven - Microwave - Open Kitchen Space Layout

| BATH | - Tiled Shower and Bath - Glass Shower Doors - Oversized Vanity Mirror

| AMENITIES | - Washer & Dryer (community) - Assigned Parking - A/C Units

Last Listed By

Jacinto Mena

Jacinto Orlando Mena License #00620957 Listed on: 11/19/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,750 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 4,998 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Carport Spaces

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 10 / C
  • Tax Tract Number 1723
  • Assessor Parcel Number 5436014010

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Insurance Expense $1,800
  • Trash Expense $780
  • Water Sewer Expense $940
  • New Taxes Expense $21,120
  • Operating Expense $25,060
  • Gross Income $93,060
  • Net Operating Income $68,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 940.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 5436014010
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 337.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 780.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 93060.00
  • Gross Scheduled Income: 93060.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6750.0000 Square Feet
  • Net Operating Income: 68000.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 25060.00
  • Rent Control: Yes
  • Total Expenses: 25060.00

Tax Info

  • New Taxes Expense: 21120.00
  • Tax Block: C
  • Tax Census Tract: 1871.01
  • Tax Lot: 10
  • Tax Tract Number: 1723

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 Off Market $2,850 -- --
03/24/2025 03/24/25 For Rent $2,850 0.0% --
03/24/2025 03/24/25 Off Market $2,850 -- --
02/03/2025 02/03/25 For Rent $2,850 0.0% --
06/27/2024 06/27/24 For Rent $2,850 0.0% --
04/26/2024 04/26/24 For Rent $2,850 0.0% --
08/07/2023 08/07/23 For Rent $2,850 0.0% --
06/21/2023 06/21/23 For Rent $2,850 0.0% --
04/14/2023 04/14/23 Price Changed $2,850 +21.3% $3 / Sq Ft
03/29/2023 03/29/23 For Rent $2,350 0.0% --
06/11/2020 06/11/20 Sold $1,686,000 -6.2% $337 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $1,798,000 -- $360 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19269330

California Regional Multiple Listing Service (CRMLS)