
5045 Borland Rd Los Angeles, CA 90032
El Sereno NeighborhoodHighlights
- All Bedrooms Downstairs
- Fenced
- No Heating
- Abraham Lincoln High School Rated A
About This Home
As of November 2024This exceptional investment opportunity features a well-maintained triplex with fresh paint throughout. The property includes three units: two with 2 bedrooms and 1 bathroom each, and a rear unit with 3 bedrooms and 1 bathroom. All units are in excellent condition, with two currently occupied by month-to-month tenants. Located within walking distance of Cal State LA and near downtown Los Angeles, this triplex is in a highly desirable area.
With fresh paint and great rental potential, this property won’t last long. It’s ideal for investors or first-time homebuyers, especially since the 3-bedroom unit includes convenient laundry hookups inside, while the other two units offer separate laundry hookups in the back storage area. Act quickly—call now to schedule your showing before this opportunity slips away!
Last Agent to Sell the Property
Big Block Powerhouse Realty Brokerage Phone: 323-810-5848 License #01788762 Listed on: 08/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,517
Year Built
- Built in 1926 | Remodeled
Lot Details
- 5,369 Sq Ft Lot
- 1 Common Wall
- Fenced
- Fence is in average condition
- Density is 2-5 Units/Acre
Home Design
- Triplex
- Raised Foundation
- Slab Foundation
- Shingle Roof
Interior Spaces
- 2,496 Sq Ft Home
- 2-Story Property
- Window Screens
Bedrooms and Bathrooms
- 7 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 3 Bathrooms
Parking
- Parking Available
- Assigned Parking
Utilities
- No Heating
- No Utilities
- Standard Electricity
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 131
- Tax Tract Number 7669
- Assessor Parcel Number 5221001031
- $469 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,500
- Trash Expense $1,200
- Water Sewer Expense $750
- Operating Expense $3,000
- Gross Income $59,400
- Net Operating Income $55,290
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Los Angeles, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $980,000 | Wfg National Title | |
Grant Deed | $980,000 | Wfg National Title | |
Quit Claim Deed | -- | None Available | |
Interfamily Deed Transfer | -- | Chicago Title | |
Grant Deed | $673,000 | Chicago Title | |
Interfamily Deed Transfer | -- | Southland Title Corporation | |
Grant Deed | $535,000 | Southland Title Corporation | |
Grant Deed | -- | Southland Title | |
Grant Deed | $239,000 | Southland Title | |
Grant Deed | $129,000 | Stewart Title Of Ca Inc | |
Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $962,249 | FHA | |
Previous Owner | $472,500 | Purchase Money Mortgage | |
Previous Owner | $428,000 | Purchase Money Mortgage | |
Previous Owner | $191,200 | Purchase Money Mortgage | |
Previous Owner | $103,200 | No Value Available | |
Closed | $47,800 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/27/2024 11/27/24 | Sold | $980,000 | -1.9% | $393 / Sq Ft |
10/09/2024 10/09/24 | Pending | -- | -- | -- |
08/23/2024 08/23/24 | For Sale | $999,000 | 0.0% | $400 / Sq Ft |
08/22/2024 08/22/24 | Price Changed | $999,000 | +1.0% | $400 / Sq Ft |
08/22/2024 08/22/24 | Price Changed | $989,000 | -- | $396 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $8,517 | $980,000 | $730,000 | $250,000 |
2024 | $8,517 | $677,878 | $434,617 | $243,261 |
2023 | $8,356 | $664,588 | $426,096 | $238,492 |
2022 | $7,974 | $651,558 | $417,742 | $233,816 |
2021 | $7,868 | $638,783 | $409,551 | $229,232 |
2020 | $7,942 | $632,234 | $405,352 | $226,882 |
2019 | $7,635 | $619,838 | $397,404 | $222,434 |
2018 | $7,509 | $607,685 | $389,612 | $218,073 |
2016 | $7,162 | $584,090 | $374,484 | $209,606 |
2015 | $7,058 | $575,317 | $368,859 | $206,458 |
2014 | $7,095 | $564,048 | $361,634 | $202,414 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
Juan Flores
Big Block Powerhouse Realty
(323) 810-5848
1 in this area
27 Total Sales
-
g
Buyer's Agent in 2024
grasiela Contreras
BLVD ESTATE PROPERTIES
(818) 800-4530
1 in this area
8 Total Sales
-
S
Buyer Co-Listing Agent in 2024
Soyla Centeno
BLVD ESTATE PROPERTIES
(424) 240-1378
1 in this area
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24171653

APN: 5221-001-031
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