NOT LISTED FOR SALE

5300 Via San Delarro St East Los Angeles, CA 90022

8 Beds
6 Baths
4,667 Sq Ft
7,069 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $889,000 $190 Per Sq Ft

10 Days on Market

Highlights

  • Dual Staircase
  • Property is near public transit
  • Corner Lot
  • Robert Hill Lane Elementary School Rated 9+
  • Spanish Architecture
  • No HOA

About This Home

As of December 2021

What an opportunity! Two buildings, 6 units total. Excellent corner location. This building has been owned by the same owner for years. Great bones... just needs updating. 2 two bedrooms and 4 one bedrooms.
East Los Angeles is not it's own city but it is an unincorporated area of Los Angeles county. The history of East LA is full of culture and pride. The restaurants, coffee shops, and markets are plentiful with incredible food! East LA is known for its weather. the average temp is 77 degrees and over 80% of the year has sunshine.
Within walking distance to the property are several Mom and Pop restaurants with some of the best food LA offers. This neighborhood is a real neighborhood where people have lived here for generations; neighbors all know each other. Neighbors are real neighbors!
So many historic buildings and parks are within walking distance. If you haven't been to East LA lately; its time for a visit!

Property to be sold in its present physical condition...seller will make no repairs.
Buyer to investigate thoroughly and accept the property with all the current tenants, rents, and deferred maintenance.
Subject to inspection. Please do not walk on the property. Tenants do not know it is for sale.

Last Agent to Sell the Property

Sue Freeman

Compass License #00912308 Listed on: 11/21/2021

Compass

Co-Listed By

Mike Freeman

Compass License #01974033

Last Buyer's Agent

Sue Freeman

Compass License #00912308 Listed on: 11/21/2021

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,069 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Spanish Architecture
  • Property Attached
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,667 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Attic Fan
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Floor Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, security
  • Tax Lot 138
  • Tax Tract Number 4777
  • Assessor Parcel Number 5249027001
  • $2,726 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $205
  • Gardener Expense $960
  • Insurance Expense $990
  • Maintenance Expense $1,120
  • Pest Control $393
  • Professional Management Expense $6,625
  • Supplies Expense $4,465
  • Trash Expense $4,257
  • Water Sewer Expense $3,996
  • Operating Expense $23,484
  • Gross Income $37,836
  • Net Operating Income $37,836

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 158333
  • Professional Management Expense: 6625.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Supplies Expense: 4465.00
  • View: No
  • Water Sewer Expenses: 3996.00
  • Zoning: LCR4YY
  • Architectural Style: Spanish
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5249027001
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Attic Fan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Levels: Two
  • Price Per Square Foot: 190.49

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area
  • Pest Control Expense: 393.00
  • Sewer: Public Sewer
  • Trash Expense: 4257.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Lot 6500-9999, Near Public Transit
  • Lot Size Sq Ft: 7069.00
  • Lot Size Acres: 0.1623

Rental Info

  • Tenant Pays: Electricity, Gas, Security

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 880 Square Feet
  • Electric Expense: 205.00
  • Gross Income: 37836.00
  • Gross Scheduled Income: 61320.00
  • Insurance Expense: 990.00
  • Lot Size Area: 7069.0000 Square Feet
  • Maintenance Expense: 1120.00
  • Net Operating Income: 37836.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number Wall A C: 4
  • Number With Range: 6
  • Number With Refrigerator: 3
  • Operating Expense: 23484.00
  • Rent Control: Yes
  • Total Actual Rent: 5110.00
  • Total Expenses: 23484.00

Tax Info

  • Tax Census Tract: 5303.02
  • Tax Lot: 138
  • Tax Tract Number: 4777
  • TaxOtherAnnualAssessmentAmount: 2726.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $889,000 -6.4% $190 / Sq Ft
12/02/2021 12/02/21 For Sale $950,000 +6.9% $204 / Sq Ft
12/01/2021 12/01/21 Off Market $889,000 -- --
12/01/2021 12/01/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $950,000 +6.9% $204 / Sq Ft
11/29/2021 11/29/21 Off Market $889,000 -- --
11/22/2021 11/22/21 Price Changed $950,000 +6.7% $204 / Sq Ft
11/21/2021 11/21/21 For Sale $890,000 -- $191 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21250965

California Regional Multiple Listing Service (CRMLS)