NOT LISTED FOR SALE

5067 Highland View Ave Los Angeles, CA 90041

Eagle Rock Neighborhood

Estimated Value: $1,122,564 - $1,217,000

4 Beds
3 Baths
1,821 Sq Ft
$644/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $1,137,000 $624 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,283/month

11 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Fenced
  • Eagle Rock Elementary School Rated A-
  • East Facing Home
  • Heating Available

About This Home

As of August 2024

Here's your chance to live in a classic California cottage and still have two income-producing cottages on the same property. Yours is the largest of the three, set amidst trees and greenery at the rear of the property, offering a private and peaceful retreat. This spacious home features two bedrooms, one bathroom and an open-concept living area filled with natural light. Enjoy the fenced yard, perfect for outdoor activities and gardening, along with a detached garage for additional storage or a potential workshop. The two charming front cottages each have one bedroom and one bathroom, making them ideal for rental income. Located in the heart of Eagle Rock, this property is close to trendy shops, dining, and entertainment, with easy access to major freeways. Don't miss this unique opportunity to own a versatile property that combines a serene residential experience with income potential.

Last Agent to Sell the Property

Brian Parsons

Keller Williams Realty License #01712649 Listed on: 07/18/2024

Keller Williams Realty

Co-Listed By

Matthew Peters

Keller Williams Realty License #01984989

Last Buyer's Agent

Alan Melkonyan

Sotheby's International Realty License #02058733

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,017

Year Built

  • Built in 1922

Lot Details

  • 9,800 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Fenced
  • No Sprinklers

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 1,821 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • Gas Range
  • Laundry Room

Listing and Financial Details

  • Tax Lot 001
  • Tax Tract Number 181
  • Assessor Parcel Number 5686007001

Community Details

Overview

  • 3 Buildings

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Operating Expense $6,000
  • Gross Income $25,047
  • Net Operating Income $52,647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,017

Year Built

Built in 1922

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5686007001
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 624.38

Exterior Features

  • Direction Faces: East
  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 9800.00
  • Lot Size Acres: 0.2250

Multi Family

  • Gross Income: 25047.36
  • Gross Scheduled Income: 58647.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 9800.0000 Square Feet
  • Net Operating Income: 52647.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Operating Expense: 6000.00
  • Rent Control: Yes
  • Total Actual Rent: 2087.00
  • Total Expenses: 6000.00

Tax Info

  • Tax Lot: 001
  • Tax Tract Number: 181...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Aug 9, 2024
Sold by
Marta Chausee Living Trust and Chausee Marta
Seller's Agent
Brian Parsons
Keller Williams Realty
Buyer's Agent
Alan Melkonyan
Sotheby's International Realty
List Price
$949,000
Sold Price
$1,137,000
Premium/Discount to List
$188,000
19.81%
Views
45
Current Estimated Value
$1,172,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,641
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Feb 5, 2024
Sold by
Gisela Chausee Living Trust
Bought by
Marta Chausee Living Trust and Chausee

Purchase Details

Closed on
May 7, 2004
Sold by
Chausee Gisela and Chausee Gisela M
Bought by
Chausee Gisela and Gisela Chausee Living Trust
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
-- $1,137,000 Lawyers Title
Marta Chausee Living Trust -- None Listed On Document
Chausee Gisela -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $1,137,000 +19.8% $624 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $949,000 -- $521 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $1,017 $1,137,000 $687,000 $450,000
2024 $1,017 $52,086 $44,432 $7,654
2023 $1,005 $51,065 $43,561 $7,504
2022 $970 $50,064 $42,707 $7,357
2021 $949 $49,083 $41,870 $7,213
2020 $952 $48,581 $41,441 $7,140
2019 $928 $47,629 $40,629 $7,000
2018 $852 $46,696 $39,833 $6,863
2016 $797 $44,885 $38,287 $6,598
2015 $790 $44,211 $37,712 $6,499
2014 $816 $43,346 $36,974 $6,372
Source: Public Records

Agents Affiliated with this Home

  • Brian Parsons

    Seller's Agent in 2024

    Brian Parsons

    Keller Williams Realty

    (626) 340-8050

    3 in this area

    133 Total Sales

    Brian Parsons
    Section Image
  • Matthew Peters

    Seller Co-Listing Agent in 2024

    Matthew Peters

    Keller Williams Realty

    (626) 344-1956

    2 in this area

    43 Total Sales

    Matthew Peters
    Section Image

  • A

    Buyer's Agent in 2024

    Alan Melkonyan

    Sotheby's International Realty

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-18552

Pasadena-Foothills Association of REALTORS®

APN: 5686-007-001

California Los Angeles County Los Angeles 90041 Eagle Rock

5067 Highland View Ave, Los Angeles, CA

This home is located at 5067 Highland View Ave, Los Angeles, CA 90041 since 18 July 2024 and is currently estimated at $1,172,641, approximately $643 per square foot. This property was built in 1922. 5067 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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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