NOT LISTED FOR SALE

5702 S Corning Ave Los Angeles, CA 90056

Ladera Heights Neighborhood

Estimated Value: $1,948,361 - $2,253,000

6 Beds
4.5 Baths
4,513 Sq Ft
$457/Sq Ft Est. Value

Last Sold October 24, 2013

Last sale price $960,000 $213 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $12,611/month

14 Days on Market

Highlights

  • Breakfast Area or Nook
  • Living Room
  • Central Heating
  • 6 Car Attached Garage
  • Open Patio
  • Dining Room

About This Home

As of October 2013

Ladera Heights Triplex. Light, spacious units. Open living and dining areas. Each unit has two good sized bedrooms with lots of built-in closets. Spacious bright kitchens with eating area. Washer/Dryer hook-ups in units. Exterior open patio spaces. Detached covered 2 car parking. New yard sprinkler system with timer. Newly painted exterior. Newly reglazed windows. Proforma available upon request. No Rent Control. Terrific location.

Last Agent to Sell the Property

James Muske

Coldwell Banker Realty License #00758095 Listed on: 08/28/2013

Coldwell Banker Realty

Last Buyer's Agent

Norma Streams

Rodeo Realty- Brentwood License #00522582

Rodeo Realty- Brentwood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,865

Year Built

  • Built in 1953

Lot Details

  • 8,089 Sq Ft Lot
  • Sprinklers on Timer

Parking

  • 6 Car Attached Garage

Home Design

  • Triplex

Interior Spaces

  • 4,513 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Breakfast Area or Nook

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4.5 Bathrooms

Additional Features

  • Open Patio
  • Central Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4201-012-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,865

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4513
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Bedrooms: 6
  • Dining Room: 1
  • Family Room: 0
  • Total Bathrooms: 4.50
  • Den: 0
  • Price Per S Q F T: 210.00

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 6

Utilities

  • Heating: Central
  • Water Expense: 653.00

Fee Information

  • Insurance Expense: 2834.00
  • Maintenance Expense: 800.00

Lot Info

  • Sprinklers: Sprinkler Timer
  • Assessed Improvement Value: 81573
  • Assessed Land Value: 73374
  • Assessor Parcel Number: 4201-012-008
  • Geocode Override: No
  • Lot Size Area: 8089

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.36
  • Number Of Units: 3
  • Total Annual Expense: 9571
  • Type Of Units: TRIPLEX
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 3236.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2020
Sold by
Green Leonard
Bought by
Nhg Properties Llc
Current Estimated Value
$2,001,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2014
Sold by
Green Leonard
Bought by
Nhg Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 28, 2013
Closed on
Oct 31, 2013
Sold by
Green Leonard
Bought by
Nhg Properties Llc
Seller's Agent
James Muske
Coldwell Banker Realty
Buyer's Agent
Norma Streams
Rodeo Realty- Brentwood
List Price
$949,500
Sold Price
$960,000
Premium/Discount to List
$10,500
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$672,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2013
Closed on
Sep 12, 2013
Sold by
Quateman Lisa Greer
Bought by
Green Leonard
Seller's Agent
James Muske
Coldwell Banker Realty
Buyer's Agent
Norma Streams
Rodeo Realty- Brentwood
List Price
$949,500
Sold Price
$960,000
Premium/Discount to List
$10,500
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
4.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Nhg Properties Llc -- None Available
Green Leonard -- None Available
Nhg Properties Llc -- First American Title Company
Green Leonard G -- First American Title Company
Nhg Properties Llc -- None Available
Green Leonard $960,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Leonard $631,500
Previous Owner Green Leonard $670,000
Previous Owner Green Leonard $672,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2013 10/24/13 Sold $960,000 +1.1% $213 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $949,500 -- $210 / 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 $19,865 $1,654,905 $980,685 $674,220
2024 $19,865 $1,622,456 $961,456 $661,000
2023 $19,428 $1,590,644 $942,604 $648,040
2022 $19,882 $1,559,456 $924,122 $635,334
2021 $19,720 $1,528,879 $906,002 $622,877
2019 $18,482 $1,483,534 $879,131 $604,403
2018 $18,490 $1,454,446 $861,894 $592,552
2016 $17,516 $1,397,971 $828,427 $569,544
2015 $17,385 $1,376,973 $815,984 $560,989
2014 $17,393 $1,350,000 $800,000 $550,000
Source: Public Records

Agents Affiliated with this Home

  • James Muske

    Seller's Agent in 2013

    James Muske

    Coldwell Banker Realty

    (310) 612-4894

    12 Total Sales

    Section Image

  • N

    Buyer's Agent in 2013

    Norma Streams

    Rodeo Realty- Brentwood

    (310) 428-5164

    8 in this area

    21 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 13-700153

The MLS

APN: 4201-012-008

California Los Angeles County Los Angeles 90056 Ladera Heights

5702 S Corning Ave, Los Angeles, CA

This home is located at 5702 S Corning Ave, Los Angeles, CA 90056 since 28 August 2013 and is currently estimated at $2,063,090, approximately $457 per square foot. This property was built in 1953. 5702 S Corning Ave is a home located in Los Angeles County with nearby schools including Parent (Frank D.) Elementary School, Inglewood High School, and La Tijera K-8 Charter School Academy of Excellence.

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