NOT LISTED FOR SALE

5415 Hubbard St Los Angeles, CA 90022

Estimated Value: $818,000 - $1,135,000

9 Beds
6 Baths
3,720 Sq Ft
$264/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $950,000 $255 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,482/month

29 Days on Market

About This Home

As of April 2023

This is a rare opportunity to own a solid residential investment property within a great pocket of Unincorporated East Los Angeles. The Hubbard Apartments consist of a total of 5 units; two detached single family homes and a separate two-story structure consisting of 3 units. Each unit is separately metered for gas and electricity. The two single family homes consist of a 3 bedroom, 1 bath and 1 bedroom, 1 bath. The triplex consists of two 1 bedroom, 1 bath units plus another non-conforming unit of which plans have been submitted to legalize and convert into a 1,150 SF 3 bedroom, 2 bath unit. Located in close proximity to the Metro Gold Line's Atlantic Station (Atlantic Boulevard and Beverly Boulevard) and the 60, 710, 5 and 10 freeways. Tons of upside in rental income!

Last Agent to Sell the Property

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 03/06/2023

Remax Commercial and Investment Realty

Last Buyer's Agent

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 03/06/2023

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,594

Year Built

  • Built in 1924

Lot Details

  • 4,623 Sq Ft Lot

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Parking

  • 3 Parking Spaces
  • Covered Parking
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 6341-027-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,594

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3720
  • Lot Acreage: 0.1061
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 282.26

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking, Driveway
  • Total Parking: 3

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 64.86
  • Assessed Improvement Value: 51122
  • Assessed Land Percent: 35.14
  • Assessed Land Value: 27691
  • Total Assessed Value: 78813
  • Assessor Parcel Number: 6341-027-027
  • Lot Size Area: 4623

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.61
  • Number Of Units: 5
  • Total Annual Expense: 27480
  • Type Of Units: Apartment
  • Vacancy Rate: 1%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Mar 29, 2023
Sold by
E P Dennison Llc
Bought by
Gv Property Investment Llc
Seller's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
Buyer's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Views
82
Current Estimated Value
$983,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,574
Avg. Annual Appreciation
2.54%

Purchase Details

Listed on
May 6, 2022
Closed on
May 25, 2022
Sold by
Judith Haines Trust
Bought by
E P Dennison Llc
Seller's Agent
Sue Freeman
Compass
List Price
$825,000
Sold Price
$685,000
Premium/Discount to List
-$140,000
-16.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.01%
Original Mortgage
$548,000
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 24, 2021
Sold by
Baxter Stacy
Bought by
Baxter Stacy

Purchase Details

Closed on
Jul 9, 2008
Sold by
Haines Judith Alor
Bought by
Haines Judith A and The Judith A Haines Separate P

Purchase Details

Closed on
Mar 21, 2008
Sold by
Haines Judith Alor and The Haines Family Trust
Bought by
Haines Judith Alor

Purchase Details

Closed on
Jun 26, 2003
Sold by
Haines Judith Alor
Bought by
Haines Joseph Chaffee and Haines Judith Alor
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
Gv Property Investment Llc $950,000 Fidelity National Title
E P Dennison Llc $685,000 Progressive Title
Baxter Stacy -- None Available
Haines Judith A -- None Available
Haines Judith Alor -- None Available
Haines Joseph Chaffee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gv Property Investment Llc $600,000
Previous Owner E P Dennison Llc $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $950,000 -9.5% $255 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $1,050,000 +53.3% $282 / Sq Ft
06/15/2022 06/15/22 Sold $685,000 -17.0% $249 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $825,000 -- $300 / 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 $13,594 $988,380 $520,200 $468,180
2024 $13,594 $969,000 $510,000 $459,000
2023 $10,380 $698,700 $443,700 $255,000
2022 $2,852 $78,813 $27,691 $51,122
2021 $2,812 $77,269 $27,149 $50,120
2020 $2,814 $77,138 $26,871 $50,267
2019 $2,764 $75,640 $26,345 $49,295
2018 $2,653 $74,171 $25,829 $48,342
2016 $2,550 $70,659 $24,827 $45,832
2015 $2,524 $69,599 $24,455 $45,144
2014 $2,540 $68,236 $23,976 $44,260
Source: Public Records

Agents Affiliated with this Home

  • Enrique Viramontes

    Seller's Agent in 2023

    Enrique Viramontes

    RE/MAX

    (213) 233-4363

    2 in this area

    35 Total Sales

    Enrique Viramontes
    Section Image
  • Sue Freeman

    Seller's Agent in 2022

    Sue Freeman

    Compass

    (310) 780-9244

    2 in this area

    81 Total Sales

    Sue Freeman
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-248017

The MLS

APN: 6341-027-027

California Los Angeles County Los Angeles 90022

5415 Hubbard St, Los Angeles, CA

This home is located at 5415 Hubbard St, Los Angeles, CA 90022 since 06 March 2023 and is currently estimated at $983,574, approximately $264 per square foot. This property was built in 1924. 5415 Hubbard St is a home located in Los Angeles County with nearby schools including Fourth Street Primary Center, Fourth Street Elementary School, and David Wark Griffith Middle School.

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