NOT LISTED FOR SALE

5527 York Blvd Los Angeles, CA 90042

Estimated Value: $1,123,000 - $2,026,102

4 Beds
4 Baths
2,611 Sq Ft
$635/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $1,585,000 $607 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,415/month

104 Days on Market

About This Home

As of January 2021

Single story apartment building with four (4) units that have undergone extensive renovations. The units are all one bedroom/one bathroom with a dining area and laundry room (washer and dryer are included). The kitchens feature new quartz counter tops, cabinets, and stainless steel appliances (refrigerator, dishwasher, stove and microwave). The bathrooms have new vanities, countertops, tile showers with glass wall and tile floors. Each unit has a mini-split air conditioning system with an air handler in both the living room and the bedroom. The bedrooms feature large sliding, mirror glass door closets. There is additional storage in the hallway. The living rooms have recessed lighting and all the units have new double pane windows, doors (exterior and interior), vinyl plank flooring and blinds. Each unit comes with a closed garage and two of the units have private patios. The building has been painted and landscaped with new, beautiful drought tolerant plants and lighting. The roof, electrical and plumbing are all new. The property is located less than 1/2 mile from Avenue 50 and York Boulevard and about 1 mile from all of the restaurants and entertainment on Figueroa Street as well as the Highland Park Metro Line Train Station. Please see attached marketing brochure for more information.

Last Agent to Sell the Property

David 'Randy' Stevenson

Stevenson Real Estate Services License #01228475 Listed on: 10/13/2020

Last Buyer's Agent

Grace Stutz

Keller Williams World Media Cn License #01370490

Keller Williams World Media Cn

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,896

Year Built

  • Built in 1941

Lot Details

  • 7,049 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 2,611 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5478025005

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Not Applicable 105 Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,896

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: [Q]C2-1XL
  • Property Type: Residential Income
  • Parcel Number: 5478025005
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 607.05

Exterior Features

  • Pool Private: No
  • Spa: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7049.00
  • Lot Size Acres: 0.1618

Multi Family

  • Lot Size Area: 7049.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2019
Sold by
Garcia German and Garcia Ariane
Bought by
Hfs Investments Llc
Current Estimated Value
$1,657,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,250
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 9, 2014
Sold by
Escobar Jose Israle and Edwards Rose M
Bought by
Garcia German and Garcia Ariane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,916
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2009
Sold by
Garcia Herman D
Bought by
Escobar Jose Israel and Edwards Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,577
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2006
Sold by
Garcia Herman D and Garcia Herman H
Bought by
Garcia Herman D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 2, 2005
Sold by
Garces Demetrio M and Garces Gloria R
Bought by
Garcia Herman H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
8.22%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 10, 2004
Sold by
The Demetrio M Garces Jr & Gloria R Garc
Bought by
Garces Demetrio M and Garces Gloria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Garces Demetrio Martin and Garces Gloria Rasay
Bought by
Garces Demetrio M and Garces Gloria R

Purchase Details

Closed on
Sep 24, 2002
Sold by
Nguyen Minh Quang
Bought by
Garces Demetrio Martin and Garces Gloria Rasay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
6.22%

Purchase Details

Closed on
Sep 11, 1995
Sold by
Meachum Everett K and The Revocable Living Trust
Bought by
Nguyen Minh Quang and Nguyen Minh Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.42%
Mortgage Type
Seller Take Back
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
Hfs Investments Llc $1,035,000 Provident Title
Garcia German $550,000 Fidelity National Title Oran
Escobar Jose Israel $465,000 Fidelity National Title Co
Garcia Herman D -- Investors Title Company
Garcia Herman H $630,000 --
Garces Demetrio M -- United Title Company Orange
Garces Demetrio M -- --
Garces Demetrio Martin $275,000 Commonwealth Land Title Co
Nguyen Minh Quang $80,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hfs Investments Llc $776,250
Previous Owner Garcia German $471,916
Previous Owner Escobar Jose Israel $456,577
Previous Owner Garcia Herman D $593,000
Previous Owner Garcia Herman H $567,000
Previous Owner Garces Demetrio M $292,000
Previous Owner Garces Demetrio Martin $233,750
Previous Owner Nguyen Minh Quang $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2021 01/26/21 Sold $1,585,000 -2.5% $607 / Sq Ft
10/13/2020 10/13/20 For Sale $1,625,000 -- $622 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,896 $1,715,653 $1,114,904 $600,749
2024 $20,642 $1,682,014 $1,093,044 $588,970
2023 $20,242 $1,649,034 $1,071,612 $577,422
2022 $19,299 $1,616,700 $1,050,600 $566,100
2021 $12,726 $1,045,722 $732,511 $313,211
2020 $13,888 $1,035,000 $725,000 $310,000
2019 $7,448 $604,401 $362,641 $241,760
2018 $7,335 $592,551 $355,531 $237,020
2016 $6,994 $569,543 $341,726 $227,817
2015 $6,893 $560,988 $336,593 $224,395
2014 $6,201 $489,637 $352,751 $136,886
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320003642

California Regional Multiple Listing Service (CRMLS)

APN: 5478-025-005