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3531 Floral Drive

3531 Floral Drive, Los Angeles, CA 90063
Property in East Los Angeles
1 Units For Sale
Unit for sale at 3531 Floral Drive, East Los Angeles, CA 90063

$748,000 ↓ $1K

  • 4 Beds
  • 3 Baths
  • 2,049 ft²
3531 Floral Drive, East Los Angeles, CA 90063 Listing by Elisabeth Ceja

3531 Floral Drive has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1922 and is 102 years old. However, we must point out that the home was most recently renovated and altered in 1925. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 3531 Floral Drive has 2,049 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $4,731 in taxes each year. 3531 Floral Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $282,402. If we break it down further, the land itself was valued at $173,789. Improvements to the property, however, were assessed at a total of $108,613. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231026
10/26/2023
4 Bed
3 Bath
2049 ft²
$750,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2049 ft²
-
-
-
Elisabeth Ceja
Keller Williams Palos Verdes

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,750
  • Total Building Area: 2,049
  • Gross Building Area: 2,049
  • Building Area: 2,049
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,049
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALMA HEIGHTS
  • Land Acres: 0.155
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: PALMA HEIGHTS LOT/SEC 40 BLK/DIV/TWN G

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 530901

Zoning

  • Zoning: LCR2*

Geography

  • Assessors Map Reference: 45-C4
  • Parcel: 5231-027-024
  • Block: G
  • Lot: 40
  • Municipality: EAST /EAST L.A.
  • Latitude: 34.0431
  • Longitude: -118.188

    Address

  • Full Address: 3531 Floral Dr
  • Address - House Number: 3531
  • Address - Street Name: Floral
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C056
  • 4-Digit Zip Code: 2226
  • Zip Code: 90063

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,731
  • Tax Rate Code Area: 00-932

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 96
  • Final Value: 763,429
  • High Value: 815,161
  • Low Value: 711,698

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,402
  • Assessed Land Value: $173,789
  • Assessed Improvements Value: $108,613

About East Los Angeles



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Nearby Rentals

Unit for rent at 4861 Farquhar Street, Los Angeles, CA, 90032

$4,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,000 ft²
4861 Farquhar Street, Los Angeles, CA, 90032 Listing by Gina Darden

Frequently Asked Questions

What neighborhood is 3531 Floral Drive located in?
The 3531 Floral Drive is a located in the neighborhood of East Los Angeles in East Los Angeles, Los Angeles.
How many listings are currently for sale in 3531 Floral Drive?
There is one unit for sale right now.
What is the average sales price for listings in 3531 Floral Drive?
The average sales price for units in 3531 Floral Drive is $748,000 , or $365/sqft. currently.

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