NOT LISTED FOR SALE

5328 E Beverly Blvd Los Angeles, CA 90022

Estimated Value: $704,860

2 Beds
2 Baths
2,006 Sq Ft
$351/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $312,500 $156 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,438/month

12 Days on Market

About This Home

As of August 2015

La Moda Beauty Salon, mixed use property on Beverly Blvd in EastLA. The property consists of ground floor retail and a 2nd story 2br + 1ba apartment. Both units are leased to the same tenant for a total income of $1,400/month, which is significantly under market. Luckily, there is no lease in place and the tenant is MTM, making this an excellent opportunity for owner-users and investors! Built in 1961, the property consists of 2,006 SF on a 2,590 SF lot. There is a rear 1 car garage and 4 tandem parking spaces. Both units are separately metered for gas and electric, and have separate hot water heaters. The apartment has an open kitchen with a skylight, in-unit washer and dryer hookups, new carpet, and a large balcony overlooking Beverly. The retail is built out as a beauty salon with 4 stations, 3 sinks, private treatment room & bathroom with shower. This pride of ownership property has significant rental upside and is located in an area of EastLA that is experiencing revitalization!

Last Agent to Sell the Property

Dana Coronado

Compass License #01746702 Listed on: 07/01/2015

Compass

Last Buyer's Agent

Dana Coronado

Compass License #01746702 Listed on: 07/01/2015

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 2,590

Interior Spaces

  • 2,006 Sq Ft Home
  • City Views
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Car Garage
  • Tandem Parking

Additional Features

  • 2,590 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6341-002-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2006
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 162.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 1 Car, Tandem
  • Total Parking: 5

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Value: 38578
  • Assessed Land Value: 19378
  • Assessor Parcel Number: 6341-002-007
  • Geocode Override: No
  • Lot Size Area: 2590

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Res/Comm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2022
Sold by
Norma Lee Revocable Trust
Bought by
M & A Management Group Llc
Current Estimated Value
$704,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2020
Sold by
Stevenson Richard Wilbur and Lee Norma
Bought by
Stevenson Richard Wilbur and Lee Norma

Purchase Details

Listed on
Jul 1, 2015
Closed on
Jul 14, 2015
Sold by
Cabuto Consuelo V
Bought by
Lew Sylvia
Seller's Agent
Dana Coronado
Compass
Buyer's Agent
Dana Coronado
Compass
List Price
$325,000
Sold Price
$312,500
Premium/Discount to List
-$12,500
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Aug 26, 2008
Sold by
Cabuto Consuelo
Bought by
Cabuto Consuelo and Consuelo Cabuto Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
M & A Management Group Llc $615,000 California Best Title
Stevenson Richard Wilbur -- None Available
Stevenson Richard Wilbur -- None Available
Lew Sylvia $312,500 Lawyers Title Company
Cabuto Consuelo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M & A Management Group Llc $307,500
Closed M & A Management Group Llc $246,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $312,500 -3.8% $156 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $325,000 -- $162 / 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 $9,074 $639,845 $173,746 $466,099
2024 $9,074 $627,300 $170,340 $456,960
2023 $5,846 $355,568 $142,227 $213,341
2022 $5,613 $348,597 $139,439 $209,158
2021 $5,548 $341,762 $136,705 $205,057
2020 $5,580 $338,259 $135,304 $202,955
2019 $5,402 $331,627 $132,651 $198,976
2018 $5,310 $325,125 $130,050 $195,075
2016 $5,100 $312,500 $125,000 $187,500
2015 $2,125 $59,113 $19,765 $39,348
2014 $2,122 $57,956 $19,378 $38,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-915885

The MLS

APN: 6341-002-007