5083 Borland Rd Los Angeles, CA 90032
El Sereno NeighborhoodEstimated payment $6,397/month
Total Views
6,400
4
Beds
4
Baths
2,215
Sq Ft
$458
Price per Sq Ft
Highlights
- All Bedrooms Downstairs
- City Lights View
- No HOA
- Abraham Lincoln High School Rated A
- Contemporary Architecture
- Cooling System Powered By Gas
About This Home
RARE OPPORTUNITY !!! These 2 properties are side by side. 5077-5079 Borland Rd. and 5081-5083 Borland Rd. Own by the same owners. It can be sold together or sell separately. The different between both of them is the size of living space. It situated on a primary location and very easy access to all amenities and all transportations. It has 2 car attached garage in rear, also street parking is available. All rents receipts showed all tenants are paid on time every month. A lot of potential for future expanding if buy both properties together. A minor repairs cosmetic may apply. Owner will consider selling together or selling separately. It's a rare and unique property that can make the new owner turn the subject property into a big project and become a huge investment later. There are 4 separate electric meters and 4 separate gas meters, owner paid for water ad trash. Fully fenced front and rear.
Listing Agent
RE Counselors Inc Brokerage Phone: 213-494-1282 License #01113616 Listed on: 10/06/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,407
Year Built
- Built in 1959
Lot Details
- 5,319 Sq Ft Lot
- No Common Walls
- Chain Link Fence
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Parking Available
Home Design
- Quadruplex
- Contemporary Architecture
- Cosmetic Repairs Needed
- Raised Foundation
- Composition Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 2,215 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Living Room
- Laminate Flooring
- City Lights Views
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Utilities
- Cooling System Powered By Gas
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- 220 Volts
- Private Water Source
Listing and Financial Details
- Tax Lot 124
- Tax Tract Number 7669
- Assessor Parcel Number 5221001024
- $473 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Recreation
- Park
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $7,017
- Gardener Expense $1,200
- Insurance Expense $2,624
- Water Sewer Expense $464
- Operating Expense $11,305
- Gross Income $3,533
- Net Operating Income $32,374
Map
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Home Values in the Area
Average Home Value in this Area
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 | $10,407 | $843,660 | $530,604 | $313,056 |
| 2024 | $10,407 | $827,118 | $520,200 | $306,918 |
| 2023 | $10,210 | $810,900 | $510,000 | $300,900 |
| 2022 | $9,743 | $795,000 | $500,000 | $295,000 |
| 2021 | $5,029 | $388,786 | $262,696 | $126,090 |
| 2019 | $4,887 | $378,196 | $254,905 | $123,291 |
| 2018 | $4,770 | $370,799 | $249,907 | $120,892 |
| 2016 | $4,546 | $355,498 | $240,203 | $115,295 |
| 2015 | $4,483 | $350,159 | $236,595 | $113,564 |
| 2014 | $4,523 | $343,301 | $231,961 | $111,340 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2024 10/06/24 | For Sale | $1,015,000 | -- | $458 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $795,000 | Fidelity National Title Co | |
| Individual Deed | $296,000 | Investors Title Company | |
| Grant Deed | $168,000 | -- | |
| Grant Deed | $145,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $556,500 | New Conventional | |
| Previous Owner | $200,000 | Purchase Money Mortgage | |
| Previous Owner | $116,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD24207337
APN: 5221-001-024
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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
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