
5721 7th Ave Los Angeles, CA 90043
Hyde Park NeighborhoodHighlights
- Craftsman Architecture
- No HOA
- Views
- Wood Flooring
- Garage
- Laundry Room
About This Home
As of July 2025Welcome to 5721 7th Avenue, a charming duplex located in the vibrant Hyde Park neighborhood of Los Angeles. This property offers two distinct units: a spacious three-bedroom, two-bathroom unit featuring a cozy fireplace and in-unit washer and dryer connections, and an upstairs one-bedroom, one-bathroom unit, also equipped with its own laundry connections. Both units to be delivered vacant. Built in 1923, this 2,320-square-foot multi-family home sits on a generous 6,079-square-foot lot with a permitted 460 sq ft storage space. The property includes a long driveway leading to 960 sq ft two-car garage/storage, providing ample parking space, offering potential for storage or future development, such as an Accessory Dwelling Unit (ADU). Located in an up-and-coming area, this duplex is conveniently situated near major attractions like the University of Southern California (USC), Downtown Los Angeles (DTLA), Exposition Park, Leimert Park, West Adams, and Jefferson Park. With quick access to the 110 Freeway and Inglewood, residents can easily explore the best of South LA. This property presents a prime investment opportunity with strong rental income potential, offering both stability and the chance for future growth in one of South LA's most promising neighborhoods.
Last Agent to Sell the Property
The ONE Luxury Properties License #02107925 Listed on: 04/30/2025
Last Buyer's Agent
Jorge Rico
Rico and Rico Realty and Assoc License #01842469
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,609
Year Built
- Built in 1923
Lot Details
- 6,079 Sq Ft Lot
- Lot Dimensions are 45x135
- Property is zoned LAR1
Parking
- Garage
Home Design
- Craftsman Architecture
- Split Level Home
Interior Spaces
- 2,800 Sq Ft Home
- Living Room with Fireplace
- Laundry Room
- Property Views
Flooring
- Wood
- Carpet
- Vinyl Plank
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- Floor Furnace
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5006-021-018
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $883,500 | Fidelity National Title | |
Quit Claim Deed | -- | -- | |
Grant Deed | $464,000 | Lawyers Title | |
Quit Claim Deed | -- | None Listed On Document | |
Gift Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $706,720 | New Conventional | |
Previous Owner | $440,752 | New Conventional |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/01/2025 07/01/25 | Sold | $883,449 | +2.1% | $316 / Sq Ft |
05/14/2025 05/14/25 | Pending | -- | -- | -- |
04/30/2025 04/30/25 | For Sale | $864,900 | +86.4% | $309 / Sq Ft |
12/17/2024 12/17/24 | Sold | $463,950 | -38.1% | $200 / Sq Ft |
10/09/2024 10/09/24 | Pending | -- | -- | -- |
10/01/2024 10/01/24 | Price Changed | $750,000 | -6.1% | $323 / Sq Ft |
08/29/2024 08/29/24 | For Sale | $799,000 | -- | $344 / Sq Ft |
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $2,609 | $190,892 | $89,758 | $101,134 |
2023 | $2,567 | $187,150 | $87,999 | $99,151 |
2022 | $2,462 | $183,481 | $86,274 | $97,207 |
2021 | $2,416 | $179,884 | $84,583 | $95,301 |
2019 | $2,349 | $174,550 | $82,075 | $92,475 |
2018 | $2,236 | $171,128 | $80,466 | $90,662 |
2016 | $2,115 | $164,486 | $77,343 | $87,143 |
2015 | $2,086 | $162,017 | $76,182 | $85,835 |
2014 | $2,107 | $158,844 | $74,690 | $84,154 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
John Yakopich
The ONE Luxury Properties
(310) 428-4192
1 in this area
31 Total Sales
-
J
Buyer's Agent in 2025
Jorge Rico
Rico and Rico Realty and Assoc
-
Seller's Agent in 2024
Nila McKnight
eXp Realty of Greater Los Angeles
(818) 209-7174
1 in this area
14 Total Sales
-
Buyer's Agent in 2024
Orlando Ravelo
Real Broker
(310) 596-0882
1 in this area
35 Total Sales
-
Buyer Co-Listing Agent in 2024
Judy-Lynne Schreurs
Real Broker
(310) 429-1612
1 in this area
36 Total Sales
Map
Source: The MLS
MLS Number: 25531435

APN: 5006-021-018