NOT LISTED FOR SALE

5404 E Beverly Blvd East Los Angeles, CA 90022

Estimated Value: $1,386,909

3 Beds
3 Baths
4,078 Sq Ft
$340/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $1,195,000 $293 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,667/month

125 Days on Market

About This Home

As of March 2022

We are pleased to present a Mixed-Use Opportunity situated along 50' Feet on East Beverly Blvd with On-Site Gated Parking. The property consists of (2) Retail/Office Units & (2) Apartment Units. The Commercial use is on the Ground Level and the Residential use is on the 2nd Floor. The residential unit mix is a 2 Bed + 2 Bath (approx. 1,213 sq.ft.) and a 1 Bed + 1 Bath (approx. 826 sq.ft.). This Investment property sits on a Signalized Intersection of East Beverly Blvd and Margaret Ave in the city of East Los Angeles, within the Neighborhood known as "Bella Vista". An Excellent Corner Lot with a Walk Score of 75 (Very Walkable) Indicating relatively High Levels of Foot Traffic. This property represents an excellent Owner-User Opportunity with Alley Access behind the property. Neighboring Cities of Montebello and Monterey Park. Minutes from the 5, 710 & 60 Freeways. Please do not disturb occupants, call listing agents for more information.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 09/10/2021

Remax Commercial and Investment Realty

Last Buyer's Agent

Yigal Hassid

Power Brokers License #01046797

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,728

Year Built

  • Built in 1953

Lot Details

  • 4,805 Sq Ft Lot
  • Corner Lot

Interior Spaces

  • 4,078 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6341-003-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,728

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4078
  • Lot Acreage: 0.1094
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 293.04

Exterior Features

  • Other Structures: None

Lot Info

  • Assessed Improvement Percent: 64.29
  • Assessed Improvement Value: 504401
  • Assessed Land Percent: 35.71
  • Assessed Land Value: 280221
  • Total Assessed Value: 784622
  • Assessor Parcel Number: 6341-003-001
  • Lot Location: Corner Lot
  • Lot Size Area: 4805

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Apt-Comm
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Feb 4, 2022
Sold by
Jrmmmb Llc
Bought by
California Marketing 4 U Inc
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Yigal Hassid
Power Brokers
List Price
$1,295,000
Sold Price
$1,195,000
Premium/Discount to List
-$100,000
-7.72%
Current Estimated Value
$1,386,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,909
Avg. Annual Appreciation
4.15%
Original Mortgage
$597,500
Outstanding Balance
$554,824
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$832,085

Purchase Details

Closed on
Feb 3, 2014
Sold by
Merlino Barney M and Merlino Linda A
Bought by
Jrmmmb Llc

Purchase Details

Closed on
Feb 26, 1996
Sold by
Gullotti Janet
Bought by
Gullotti Ross Sam and Gullotti Janet Carol
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
California Marketing 4 U Inc $1,195,000 Fidelity National Title
Jrmmmb Llc $700,000 Fidelity National Title Co
Gullotti Ross Sam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open California Marketing 4 U Inc $597,500
Closed California Marketing 4 U Inc $494,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $1,195,000 0.0% $293 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
10/15/2021 10/15/21 Price Changed $1,195,000 -7.7% $293 / Sq Ft
09/10/2021 09/10/21 For Sale $1,295,000 -- $318 / 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 $16,728 $1,268,142 $636,724 $631,418
2024 $16,728 $1,243,278 $624,240 $619,038
2023 $16,446 $1,218,900 $612,000 $606,900
2022 $11,240 $808,604 $288,786 $519,818
2021 $11,102 $792,750 $283,124 $509,626
2019 $10,777 $769,238 $274,727 $494,511
2018 $10,603 $754,156 $269,341 $484,815
2016 $10,151 $724,873 $258,883 $465,990
2015 $10,003 $713,986 $254,995 $458,991
2014 -- $103,356 $39,377 $63,979
Source: Public Records

Agents Affiliated with this Home

  • Shant Sherbetdjian

    Seller's Agent in 2022

    Shant Sherbetdjian

    RE/MAX

    (626) 657-8135

    6 in this area

    55 Total Sales

    Shant Sherbetdjian
    Section Image
  • Yigal Hassid

    Buyer's Agent in 2022

    Yigal Hassid

    Power Brokers

    (213) 249-1900

    1 in this area

    13 Total Sales

    Yigal Hassid
    Section Image
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Map

Source: The MLS

MLS Number: 21-782594

The MLS

APN: 6341-003-001

California Los Angeles County East Los Angeles 90022

5404 E Beverly Blvd, East Los Angeles, CA

This home is located at 5404 E Beverly Blvd, East Los Angeles, CA 90022 since 10 September 2021 and is currently estimated at $1,386,909, approximately $340 per square foot. This property was built in 1953. 5404 E Beverly Blvd is a home located in Los Angeles County with nearby schools including Fourth Street Elementary School, Fourth Street Primary Center, and David Wark Griffith Middle School.

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