NOT LISTED FOR SALE

5052 Highland View Ave Los Angeles, CA 90041

Eagle Rock Neighborhood

Estimated Value: $1,170,000 - $1,486,000

5 Beds
3 Baths
2,326 Sq Ft
$589/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $905,000 $389 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,485/month

12 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Built-In Features
  • Eagle Rock Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of May 2018

Trust Sale.......First time on the market in almost 50 years!!! Prime location fixer/investment opportunity. 3 units located on a sprawling corner lot with a detached 2 bedroom 1 bath main house that is ideal for an owner user or investor. Along Chickasaw there is a 1 bedroom 1 bath unit located above the 3 car garage plus an additional 2 bedroom 1 bath unit just east of the garage. These 1923 bungalow units have maintained most of their original charm and character as the main house has many of the built in cabinets still in place. Bring your imagination and creativity to this amazing property in the heart of Eagle Rock. Close to Glendale, Pasadena, Downtown Los Angeles and major freeways such as the 2, 5, 134, 210 and the historic 110 not to mention numerous new and trendy restaurants and coffee shops.

Last Agent to Sell the Property

Armen Vartanians

Prodigy Realty Group Inc. License #01237707 Listed on: 02/11/2018

Last Buyer's Agent

Marcus McInerney

Reservoir Partners License #01848675

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,491

Year Built

  • Built in 1923

Lot Details

  • 6,997 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Triplex
  • Bungalow
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,326 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 118
  • Tax Tract Number 1814
  • Assessor Parcel Number 5686008018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $100
  • Insurance Expense $150
  • Water Sewer Expense $250
  • New Taxes Expense $938
  • Operating Expense $1,438
  • Gross Income $4,200
  • Net Operating Income $33,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,491

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 250.00
  • Architectural Style: Bungalow
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 5686008018
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 389.08
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Laundry: Yes
  • Laundry Features: Common Area, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6997.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 4200.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 150.00
  • Net Operating Income: 33150.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 17250.00
  • Rent Control: Yes
  • Total Actual Rent: 1498.10
  • Total Expenses: 1437.50

Tax Info

  • New Taxes Expense: 937.50
  • Tax Census Tract: 1814
  • Tax Lot: 118
  • Tax Tract Number: 1814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2018
Closed on
Apr 24, 2018
Sold by
Vare Melanie
Bought by
Vare Russell
Seller's Agent
Armen Vartanians
Prodigy Realty Group Inc.
Buyer's Agent
Marcus McInerney
Reservoir Partners
List Price
$899,900
Sold Price
$905,000
Premium/Discount to List
$5,100
0.57%
Current Estimated Value
$1,368,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,922
Avg. Annual Appreciation
5.39%
Original Mortgage
$678,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2018
Closed on
Mar 21, 2018
Sold by
Styles Maureen and The March 15 1996 Henry S Leni
Bought by
Young Mathieu and Vare Russell
Seller's Agent
Armen Vartanians
Prodigy Realty Group Inc.
Buyer's Agent
Marcus McInerney
Reservoir Partners
List Price
$899,900
Sold Price
$905,000
Premium/Discount to List
$5,100
0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2018
Sold by
Lenihan Gertrude R and Gertrude R Lenihan Trust
Bought by
Styles Maureen and The March 15 1996 Henry S Leni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1997
Sold by
Lenihan Gertrude R
Bought by
Lenihan Gertrude R and 1997 Gertrude R Lenihan Trust

Purchase Details

Closed on
Mar 15, 1996
Sold by
Lenihan Henry S
Bought by
Lenihan Henry S and Henry S Lenihan Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vare Russell -- Fidelity National Title Com
Young Mathieu $905,000 Fidelity National Title Comp
Styles Maureen -- Fidelity National Title Comp
Lenihan Gertrude R -- --
Lenihan Henry S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Mathieu $658,000
Closed Young Mathieu $678,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $905,000 +0.6% $389 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/11/2018 02/11/18 For Sale $899,900 -- $387 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $12,491 $1,029,730 $620,114 $409,616
2024 $12,491 $1,009,540 $607,955 $401,585
2023 $12,251 $989,746 $596,035 $393,711
2022 $11,683 $970,341 $584,349 $385,992
2021 $11,536 $951,316 $572,892 $378,424
2020 $11,651 $941,562 $567,018 $374,544
2019 $11,192 $923,100 $555,900 $367,200
2018 $946 $55,314 $31,430 $23,884
2016 $879 $53,167 $30,210 $22,957
2015 $870 $52,370 $29,757 $22,613
2014 $895 $51,346 $29,175 $22,171
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Armen Vartanians

    Prodigy Realty Group Inc.

    (818) 238-9277

    28 Total Sales

    Armen Vartanians
    Section Image
  • Marcus McInerney

    Buyer's Agent in 2018

    Marcus McInerney

    Reservoir Partners

    (323) 316-6226

    1 in this area

    11 Total Sales

    Marcus McInerney
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18031645

California Regional Multiple Listing Service (CRMLS)

APN: 5686-008-018

California Los Angeles County Los Angeles 90041 Eagle Rock

5052 Highland View Ave, Los Angeles, CA

This home is located at 5052 Highland View Ave, Los Angeles, CA 90041 since 11 February 2018 and is currently estimated at $1,368,922, approximately $588 per square foot. This property was built in 1923. 5052 Highland View Ave is a home located in Los Angeles County with nearby schools including Eagle Rock Elementary School, Eagle Rock High School, and PUC CALS Middle School and Early College High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes