NOT LISTED FOR SALE

5406 3rd Ave Los Angeles, CA 90043

Hyde Park Neighborhood

Estimated Value: $953,583

5 Beds
5 Baths
3,781 Sq Ft
$252/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $499,000 $132 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,832/month

32 Days on Market

About This Home

As of August 2014

fully rented Mixed use income property. Recently renovated and upgraded. Front unit single. Middle unit 2 bed 1 bath. Rear until 4 bed 3 bath townhome with attached garade. warehouse off alley adds additional income. Driveby only.

Last Agent to Sell the Property

Rich Baron

PARTNER REAL ESTATE License #01036838 Listed on: 02/24/2014

PARTNER REAL ESTATE

Last Buyer's Agent

Elgin Walker

License #00994498

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,637

Year Built

  • Built in 1930

Lot Details

  • 5,535

Home Design

  • 3,781 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • 5,535 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5005-002-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,637

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3781
  • Year Built: 1930
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 131.98

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway - Combination
  • Total Parking: 4

Utilities

  • Heating: Wall, Wall Gas

Lot Info

  • Assessed Improvement Value: 40314
  • Assessed Land Value: 19676
  • Assessor Parcel Number: 5005-002-007
  • Geocode Override: No
  • Lot Size Area: 5535

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 8.85
  • Number Of Units: 4
  • Rent Control: 1
  • Total Annual Expense: 11640
  • Type Of Units: res/storage
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2014
Closed on
Jul 18, 2014
Sold by
Glaser Ellen
Bought by
Glaser Jeffrey
Seller's Agent
Rich Baron
PARTNER REAL ESTATE
Buyer's Agent
Elgin Walker
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$953,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,583
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Mar 28, 2014
Sold by
Greentek Investments Ii Llc
Bought by
Evans Deondrae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,893
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 7, 2012
Closed on
Oct 30, 2012
Sold by
Capital Cove Bancorp Llc
Bought by
Greentek Investments Ii Llc
Seller's Agent
Kimberley Ellis
The Realestate Group
Buyer's Agent
Kimberley Ellis
The Realestate Group
List Price
$380,000
Sold Price
$250,000
Premium/Discount to List
-$130,000
-34.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%
Original Mortgage
$190,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 7, 2012
Closed on
Oct 3, 2012
Sold by
The Maurice H & Imogene Bailey Family Tr
Bought by
Capital Cove Bancorp Llc
Seller's Agent
Kimberley Ellis
The Realestate Group
Buyer's Agent
Kimberley Ellis
The Realestate Group
List Price
$380,000
Sold Price
$250,000
Premium/Discount to List
-$130,000
-34.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2009
Sold by
Martinez Belinda
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 28, 1994
Sold by
Bailey Maurice H
Bought by
Bailey Maurice H
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
Glaser Jeffrey -- None Available
Evans Deondrae $500,000 Fidelity
Greentek Investments Ii Llc $300,000 Ticor Title Company
Capital Cove Bancorp Llc $250,000 Ticor Title Co
Aurora Loan Services Llc $648,352 Accommodation
Bailey Maurice H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Deondrae $480,000
Previous Owner Evans Deondrae $490,893
Previous Owner Capital Cove Bancorp Llc $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2014 08/05/14 Sold $499,000 0.0% $132 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $499,000 +99.6% $132 / Sq Ft
10/17/2012 10/17/12 Sold $250,000 -34.2% $66 / Sq Ft
10/07/2012 10/07/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $380,000 -- $101 / 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 $7,637 $600,918 $360,551 $240,367
2024 $7,637 $589,136 $353,482 $235,654
2023 $7,500 $577,585 $346,551 $231,034
2022 $7,169 $566,260 $339,756 $226,504
2021 $7,062 $555,158 $333,095 $222,063
2019 $6,859 $538,694 $323,216 $215,478
2018 $6,717 $528,132 $316,879 $211,253
2016 $6,394 $507,625 $304,575 $203,050
2015 $6,304 $500,000 $300,000 $200,000
2014 $4,033 $301,362 $200,908 $100,454
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rich Baron

    PARTNER REAL ESTATE

    (310) 497-7949

    14 Total Sales

    Rich Baron
    Section Image

  • E

    Buyer's Agent in 2014

    Elgin Walker

  • K

    Seller's Agent in 2012

    Kimberley Ellis

    The Realestate Group

    Section Image
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Map

Source: The MLS

MLS Number: 14-739369

The MLS

APN: 5005-002-007

California Los Angeles County Los Angeles 90043 Hyde Park

5406 3rd Ave, Los Angeles, CA

This home is located at 5406 3rd Ave, Los Angeles, CA 90043 since 24 February 2014 and is currently estimated at $953,583, approximately $252 per square foot. This property was built in 1930. 5406 3rd Ave is a home located in Los Angeles County with nearby schools including Angeles Mesa Elementary School, Audubon Middle School, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

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