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3318 Thelma Ave, Los Angeles, CA, 90032

4beds
2baths
1,650sqft
$699,000
$424price/sqft
$4,752/moest. monthly cost
$190,080/yrincome needed

About This Home

3318 Thelma Ave is a well-maintained duplex in the El Sereno area of Los Angeles, offering two separate 2-bedroom, 1-bath units across 1,650 square feet. Both units are nearly equal in size, making this a balanced setup for an owner-occupant who wants rental income or an investor looking for a turnkey addition to their portfolio. The front unit comes with a fenced front yard, giving tenants private outdoor space and added curb appeal. The back unit has its own backyard, plus a small gated driveway that works well for additional parking or storage. Both units share a detached 2-car garage, which is accessed from the back street/alley. Both units are currently tenant-occupied and the property is in above-average condition throughout. This is a solid income-producing property in a centrally located neighborhood with easy access to Downtown LA, South Pasadena, and the 10 and 710 freeways. Floorplan is an approximation for visualization purposes and not exact.

Getting Around

85
WalkingVery Walkable
47
TransitSome Transit
67
BikeBikeable

Schools

6/10
7/10
El Sereno Middle SchoolGrades 6-80.4 mi

Construction

Condition

  • Year built: 1950

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Dryer,Washer
  • Laundry features: Inside

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • All Bedrooms Down
  • Fireplace features: Kitchen,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 1,650
  • Total interior livable area: 1,650 sqft

Property

Details

  • Parcel number: 5213015034
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main door
  • Pool features: None

Lot

  • Lot size: 4,806 sqft
  • Features: 2-5 Units/Acre

Parking

  • Total spaces: 3
  • Parking features: Garage,On Street,Uncovered
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance *$94$1,128
Property Taxes $726$8,712
Electricity $398$4,786
Total$4,752$57,024
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$162,925/yr
40% on housing$142,560/yr
45% on housing$126,720/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$424This listing

vs Other Active Listings

Avg $/sqft

ZIP 90032$395
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90032$687
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-12Listed for sale$699,000
2014-11-19Sold$340,000
2014-10-01Pending sale$350,000
2014-09-16Listed for sale$350,000

For Sale by Agent

AgentHUAI-YUEH KANG
BrokerageKW Executive

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