NOT LISTED FOR SALE

5170 S Van Ness Ave Los Angeles, CA 90062

Vermont Square Neighborhood

Estimated Value: $724,596 - $773,000

4 Beds
2 Baths
1,896 Sq Ft
$396/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $730,000 $385 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,689/month

79 Days on Market

About This Home

As of June 2024

Discover a unique duplex located in a prime, historical area of Los Angeles, surrounded by the scenic beauty of palm-tree-lined streets. The duplex offers two units, perfect candidate for generating rental income, positioned on a spacious lot. Inside, you'll find two generously sized bedrooms and a bathroom in each unit, alongside large kitchens fitted with washer and dryer hookups. Each unit boasts its own parking space and a private backyard. The property benefits from a recent roof replacement. One of the units has been freshly remodeled, kitchen, flooring, and spacious living room. One unit is currently occupied by a long-standing tenant who may consider a cash-for-keys agreement, offering flexibility for new owners. The extensive backyard space is perfect for adding an ADU, further expanding the property's potential.

Last Agent to Sell the Property

Aisha Andrews

Architectural Estates License #01706972 Listed on: 03/03/2024

Last Buyer's Agent

Aisha Andrews

Architectural Estates License #01706972 Listed on: 03/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,133

Year Built

  • Built in 1923

Lot Details

  • 5,203

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,896 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 5,203 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5015-021-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,133

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1896
  • Lot Acreage: 0.1194
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 395.04

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 111326
  • Assessed Land Percent: 80
  • Assessed Land Value: 445312
  • Total Assessed Value: 556638
  • Assessor Parcel Number: 5015-021-014
  • Lot Size Area: 5203

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2024
Closed on
Jun 19, 2024
Sold by
Taylor David M
Bought by
Ramos Marivel and Orozco Francisco J
Seller's Agent
Aisha Andrews
Architectural Estates
Buyer's Agent
Aisha Andrews
Architectural Estates
List Price
$799,000
Sold Price
$730,000
Premium/Discount to List
-$69,000
-8.64%
Views
79
Current Estimated Value
$751,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,649
Avg. Annual Appreciation
2.55%
Original Mortgage
$716,777
Outstanding Balance
$708,896
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
$42,753

Purchase Details

Listed on
Jan 12, 2017
Closed on
Mar 3, 2017
Sold by
West Darryl R
Bought by
Taylor David M
Seller's Agent
Darryl West
Powerhouse Real Estate
Buyer's Agent
Andrea Ayers
REALTY ONE GROUP WEST
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$499,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2014
Closed on
Dec 11, 2014
Sold by
Soaring Mountain Llc
Bought by
West Darryl R
Seller's Agent
Jeff Chaney
Rockland Commercial, Inc
Buyer's Agent
Darryl West
Powerhouse Real Estate
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.87%
Original Mortgage
$333,841
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2013
Sold by
Talamantes Fundacion
Bought by
Soaring Mountain Llc

Purchase Details

Closed on
Aug 22, 2012
Sold by
Federal National Mortgage Association
Bought by
Fundacion Talamantes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2010
Sold by
Hitchens Gilbert D and Hitchens Darlene C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 4, 2006
Sold by
Hitchens Gilbert D
Bought by
Hitchens Gilbert D and The Deven & Darla Hitchens Year 2006 Liv

Purchase Details

Closed on
Jun 24, 2003
Sold by
Hitchens Gilbert D and Hitchens Darlene C
Bought by
Hitchens Gilbert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1997
Sold by
Thigpen John A and Thigpen Pamela R
Bought by
Hitchens Gilbert Darrell

Purchase Details

Closed on
Nov 9, 1993
Sold by
Hitchens Gilbert Darrell and Hitchens Darlele C
Bought by
Hitchens Gilbert Darrell
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ramos Marivel $730,000 Fidelity National Title
Taylor David M $499,000 Fatco
West Darryl R $340,000 Title 365
Soaring Mountain Llc $297,866 None Available
Fundacion Talamantes $235,000 Calcounties Title Nation
Federal National Mortgage Association $212,298 Accommodation
Hitchens Gilbert D -- None Available
Hitchens Gilbert D -- Gateway Title Company
Hitchens Gilbert Darrell -- --
Hitchens Gilbert Darrell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Marivel $716,777
Previous Owner Taylor David M $594,220
Previous Owner Taylor David M $499,000
Previous Owner West Darryl R $333,841
Previous Owner Fundacion Talamantes $249,000
Previous Owner Hitchens Gilbert D $210,000
Previous Owner Hitchens Gilbert D $184,000
Previous Owner Hitchens Gilbert Darrell $144,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $730,000 -2.5% $385 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
04/07/2024 04/07/24 Price Changed $749,000 -6.3% $395 / Sq Ft
03/03/2024 03/03/24 For Sale $799,000 +9.5% $421 / Sq Ft
03/03/2024 03/03/24 Off Market $730,000 -- --
03/20/2017 03/20/17 Sold $499,000 0.0% $263 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $499,000 +46.8% $263 / Sq Ft
12/31/2014 12/31/14 Sold $340,000 -9.3% $179 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $375,000 +59.6% $198 / Sq Ft
11/09/2012 11/09/12 Sold $235,000 -4.0% $124 / Sq Ft
08/18/2012 08/18/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $244,900 -- $129 / Sq Ft
Source: The MLS

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 $7,133 $744,600 $520,200 $224,400
2024 $7,133 $567,770 $454,218 $113,552
2023 $7,002 $556,638 $445,312 $111,326
2022 $6,685 $545,725 $436,581 $109,144
2021 $6,595 $535,025 $428,021 $107,004
2019 $8,513 $519,158 $415,327 $103,831
2018 $8,435 $508,980 $407,184 $101,796
2016 $4,321 $345,185 $203,050 $142,135
2015 $3,854 $305,993 $183,596 $122,397
2014 $3,881 $300,000 $180,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Aisha Andrews

    Seller's Agent in 2024

    Aisha Andrews

    Architectural Estates

    (323) 857-1400

    1 in this area

    13 Total Sales

    Aisha Andrews
    Section Image
  • Darryl West

    Seller's Agent in 2017

    Darryl West

    Powerhouse Real Estate

    (310) 270-2457

    14 Total Sales

    Darryl West
    Section Image
  • Andrea Ayers

    Buyer's Agent in 2017

    Andrea Ayers

    REALTY ONE GROUP WEST

    (310) 740-0159

    1 in this area

    35 Total Sales

    Andrea Ayers
    Section Image

  • J

    Seller's Agent in 2014

    Jeff Chaney

    Rockland Commercial, Inc

    Section Image

  • M

    Seller's Agent in 2012

    Maria Zuniga

    Equity Center

    Section Image

  • P

    Buyer's Agent in 2012

    Pamela Anderson

    ANDERSON REAL ESTATE

    (909) 208-8786

    28 Total Sales

    Pamela Anderson
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-364333

The MLS

APN: 5015-021-014

California Los Angeles County Los Angeles 90043 Vermont Square

5170 S Van Ness Ave, Los Angeles, CA

This home is located at 5170 S Van Ness Ave, Los Angeles, CA 90062 since 03 March 2024 and is currently estimated at $751,649, approximately $396 per square foot. This property was built in 1923. 5170 S Van Ness Ave is a home located in Los Angeles County with nearby schools including Angeles Mesa Elementary School, Barack Obama Global Preparation Academy, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

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