5217 Denker Ave Los Angeles, CA 90062
Vermont Square NeighborhoodEstimated payment $7,544/month
6
Beds
6
Baths
3,090
Sq Ft
$421
Price per Sq Ft
About This Home
We are pleased to present a six (6) unit apartment building located at 5217 Denker Avenue in Los Angeles, California. The subject property is located in a solid South Los Angeles location, west of Normandie Avenue and north of Slauson Avenue. This fully turn-key multifamily asset is located in a solid South Los Angeles neighborhood. Offering a strong initial cash flow with an impressive 8.34% cap rate, the property features a streamlined unit mix of all one-bedroom units, each of which has been fully renovated. Significant capital improvements include brand new copper piping, new sewer and gas lines, updated electrical subpanels and wiring, and new wood framing with modern drywall. The gated and secure property also provides four on-site garages, presenting an excellent opportunity for ADU conversion under SB1211. With dominant access to major commercial corridors such as Normandie Ave, Slauson Ave, and Western Ave, as well as proximity to the 110 Freeway and Harvard Park, this asset benefits from strong connectivity and livability. This rare combination of a strong 8.34% cap rate and extensive recent capital improvements makes this a compelling investment opportunity with immediate cash flow and long-term value appreciation.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,689
Year Built
- Built in 1923
Lot Details
- 6,205 Sq Ft Lot
Parking
- Garage
Interior Spaces
- 3,090 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Community Details
- 2 Buildings
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 5003-011-014
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 | $5,689 | $408,207 | $244,927 | $163,280 |
| 2024 | $5,689 | $400,204 | $240,125 | $160,079 |
| 2023 | $5,598 | $392,358 | $235,417 | $156,941 |
| 2022 | $5,372 | $384,665 | $230,801 | $153,864 |
| 2021 | $5,295 | $377,124 | $226,276 | $150,848 |
| 2019 | $5,157 | $366,305 | $219,565 | $146,740 |
| 2018 | $5,072 | $359,130 | $215,260 | $143,870 |
| 2016 | $4,799 | $344,836 | $206,902 | $137,934 |
| 2015 | $4,738 | $339,658 | $203,795 | $135,863 |
| 2014 | $4,794 | $333,005 | $199,803 | $133,202 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | For Sale | $1,300,000 | -- | $421 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Calcounties Title Nation | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Landsafe Title | |
| Grant Deed | $230,000 | Landsafe Title | |
| Individual Deed | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $787,500 | Construction | |
| Closed | $260,000 | Commercial | |
| Closed | $260,000 | Commercial | |
| Previous Owner | $225,000 | Commercial | |
| Previous Owner | $161,000 | Commercial | |
| Previous Owner | $23,750 | Commercial |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 25583323
APN: 5003-011-014
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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