Miguel Garcia
RE/MAX MASTERS REALTY
(626) 727-7715
34 Total Sales
1 in Hyde Park
$610,000 Price
5407 2nd Ave Los Angeles, CA 90043
Hyde Park Neighborhood
8
Beds
8
Baths
4,704
Sq Ft
6,152
Sq Ft Lot
Highlights
- Wood Flooring
- Balcony
- Gated Home
- High Ceiling
- Enclosed Patio or Porch
- 3-minute walk to Van Ness Recreation Center
About This Home
As of December 2020REDUCED! Four unit building with 4704 sqft on large 6152 sqft lot. Each unit is 2BD+2BA. One unit completely remodeled with hardwood flooring, new bath and kitchen, and currently vacant for owner occupant. Recently updated plumbing. New painting and carpet in hallways. Other units rented to easy tenants paying on time every month. Four (4) one-car garages with new roofs rented for $150/month and will be delivered vacant. Property has low monthly expenses. Gross Scheduled Income: $66,508. Total Expense: $19,973. Annual Net Income: $46,535. GRM 13.76. Cap Rate 5.04%. Walking distance to new Crenshaw Metro Line. This area is up-and-coming. Easy commute to Hollywood, downtown LA or Santa Monica, or new Inglewood football stadium. Tremendous upside in future. Price per sqft is amazingly low. Great for 1031 exchange. Property located in Economic Opportunity Zone (EOZ) for developers and tax deferment. A great property for long term hold. Appraised value $1,049,000 in March 2020.
Last Agent to Sell the Property
Avantge Real Estate License #01478668 Listed on: 09/03/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 6,152 Sq Ft Lot
- Lot Dimensions are 50x123
- East Facing Home
- Gated Home
Parking
- 4 Open Parking Spaces
- 4 Car Garage
- Driveway
Home Design
- Quadruplex
- Entry on the 1st floor
- Block Foundation
- Asphalt Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 4,704 Sq Ft Home
- 2-Story Property
- High Ceiling
- Oven or Range
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Home Security
- Window Bars
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
- Enclosed Patio or Porch
Utilities
- Heating System Mounted To A Wall or Window
- Property is located within a water district
- Gas Water Heater
Community Details
- 4 Units
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 5005-002-034
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2020
Closed on
Nov 17, 2020
Sold by
Dogtown Investments Llc
Bought by
Seller's Agent
Andrew Watkins
Avantge Real Estate
Buyer's Agent
Andrew Watkins
Avantge Real Estate
List Price
$915,000
Sold Price
$879,000
Premium/Discount to List
-$36,000
-3.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$659,250
Outstanding Balance
$574,466
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 7, 2018
Closed on
Jul 24, 2018
Sold by
Sanchez Vicente Daniel
Bought by
Sanchez Sandra Inez and The 5407 2N Avenue Trust
Seller's Agent
Arturo Basulto
Basulto Real Estate Services
Buyer's Agent
Andrew Watkins
Avantge Real Estate
List Price
$779,000
Sold Price
$768,000
Premium/Discount to List
-$11,000
-1.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Purchase Details
Closed on
Jul 17, 2018
Sold by
Sanchez Sandra Inez
Bought by
Dogtown Investments Llc
Purchase Details
Closed on
Apr 25, 2018
Sold by
Sanchez Sandra Inez
Bought by
Sanchez Sandra Inez and The 5407 2Nd Avenue Trust
Purchase Details
Closed on
Mar 26, 2018
Sold by
Basulto Luis
Bought by
Sanchez Sandra Inez
Purchase Details
Closed on
Apr 28, 2006
Sold by
Basulto Gloria
Bought by
Basulto Gloria and The Gloria Basulto Revocable Living Tr
Purchase Details
Closed on
Feb 4, 2004
Sold by
Basulto Gloria
Bought by
Basulto Gloria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.47%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 15, 2001
Sold by
Basulto Gloria
Bought by
Basulto Gloria and Basulto Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.03%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 22, 2000
Sold by
Basulto Maria
Bought by
Basulto Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.22%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hyde Park, CA
-
Miguel Garcia
-
Maesoa Darton
Maesoa Darton
Montecito Realty Co
(323) 577-6968
2 Total Sales
1 in Hyde Park
$700,000 Price
-
Dennis Chernov
Dennis Chernov
Equity Union
(626) 657-2705
468 Total Sales
1 in Hyde Park
$355,850 Price
-
Sherie Howard
Sherie Howard
Sherie Howard & Associates, Inc
(424) 300-3941
16 Total Sales
1 in Hyde Park
$710,000 Price
-
Silvestre Medel
Silvestre Medel
Excellence RE Real Estate, Inc.
(858) 256-8987
56 Total Sales
1 in Hyde Park
$640,000 Price
-
Amalia Ochoa
Amalia Ochoa
The Proud Crowd Inc.
(424) 348-7667
31 Total Sales
2 in Hyde Park
$925K - $1.5M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $879,000 | Fidelity National Title | ||
| Sanchez Sandra Inez | -- | First American Title Company | |
| Dogtown Investments Llc | $768,000 | First American Title Company | |
| Sanchez Sandra Inez | -- | None Available | |
| Sanchez Sandra Inez | -- | None Available | |
| Basulto Gloria | -- | None Available | |
| Basulto Gloria | -- | Chicago Title Co | |
| Basulto Gloria | -- | Chicago Title | |
| Basulto Luis | -- | South Coast Title | |
| Basulto Gloria | -- | South Coast Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $100,000 | ||
| Open | Choi Jinwoong | $659,250 | |
| Previous Owner | Basulto Gloria | $265,000 | |
| Previous Owner | Basulto Gloria | $220,000 | |
| Previous Owner | Basulto Gloria | $45,000 | |
| Previous Owner | Basulto Gloria | $155,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2020 12/03/20 | Sold | $879,000 | -3.9% | $187 / Sq Ft | |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- | |
| 09/03/2020 09/03/20 | For Sale | $915,000 | +19.1% | $195 / Sq Ft | |
| 09/20/2018 09/20/18 | Sold | $768,000 | 0.0% | $163 / Sq Ft | View Prior Sale |
| 07/17/2018 07/17/18 | Pending | -- | -- | -- | |
| 07/16/2018 07/16/18 | Price Changed | $768,000 | -0.1% | $163 / Sq Ft | |
| 07/05/2018 07/05/18 | Price Changed | $768,777 | -2.5% | $163 / Sq Ft | |
| 07/03/2018 07/03/18 | Price Changed | $788,700 | -0.1% | $168 / Sq Ft | |
| 06/14/2018 06/14/18 | Price Changed | $789,500 | +0.1% | $168 / Sq Ft | |
| 05/30/2018 05/30/18 | Price Changed | $789,000 | +1.3% | $168 / Sq Ft | |
| 05/24/2018 05/24/18 | Price Changed | $778,880 | +0.5% | $166 / Sq Ft | |
| 05/21/2018 05/21/18 | Price Changed | $774,800 | 0.0% | $165 / Sq Ft | |
| 05/18/2018 05/18/18 | Price Changed | $775,000 | -0.5% | $165 / Sq Ft | |
| 05/07/2018 05/07/18 | For Sale | $779,000 | -- | $166 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $11,965 | $970,483 | $639,260 | $331,223 |
| 2025 | $11,965 | $951,455 | $626,726 | $324,729 |
| 2024 | $11,777 | $932,800 | $614,438 | $318,362 |
| 2023 | $11,558 | $914,511 | $602,391 | $312,120 |
| 2022 | $11,037 | $896,580 | $590,580 | $306,000 |
| 2021 | $10,961 | $879,000 | $579,000 | $300,000 |
| 2020 | $10,027 | $783,800 | $548,760 | $235,040 |
| 2019 | $9,644 | $768,440 | $538,000 | $230,440 |
| 2018 | $5,738 | $438,552 | $311,118 | $127,434 |
| 2016 | $5,447 | $421,101 | $299,038 | $122,063 |
| 2015 | $5,372 | $414,777 | $294,547 | $120,230 |
| 2014 | $5,416 | $406,653 | $288,778 | $117,875 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Watkins
Seller's Agent in 2020
Andrew Watkins
Avantge Real Estate
(310) 383-6239
53 Total Sales
-
Arturo Basulto
Seller's Agent in 2018
Arturo Basulto
Basulto Real Estate Services
(562) 776-8813
Map
Source: The MLS
MLS Number: 20-627688
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© 2026 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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