NOT LISTED FOR SALE

5730 E Beverly Blvd Los Angeles, CA 90022

Estimated Value: $595,400

3 Beds
3 Baths
2,319 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2023

Last sale price $530,000 $229 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,905 / mo

77 Days on Market

About This Home

As of May 2023

5730 E Beverly Blvd in East Los Angeles consists of two separate buildings. At the back of the property is a two story house consisting of 4 bedrooms and 3 baths with independent access through the alley and a 2-car garage. Situated at the front is the second unit that has been historically rented as a retail space sitting directly on Beverly Blvd. This front commercial unit could be repurposed as office space or as a 1 bedroom residential additional dwelling unit (Buyer Must Verify).

The front unit will be delivered without tenants, the back unit has the potential to be delivered the same way.

This offering presents the opportunity for an investor to add value through repurposing the front unit, or rent the commercial unit as is to command just shy of a 5% cap at the offered price. The deal has great potential for an owner-user alike.

This asset is situated off of route 60 Pomona Freeway; one mile away from East Los Angeles College; and less than two miles away from the 24 million dollar 3rd and Dangler Project, a 78 unit transit oriented development project that will provide residents of East Los Angeles better access to public transportation, connecting them to job opportunities in downtown Los Angeles and the San Gabriel Valley.

Last Agent to Sell the Property

Alexandro Colombo

Keller Williams Coastal Prop. License #01927702 Listed on: 12/07/2022

Keller Williams Coastal Prop.

Last Buyer's Agent

Alexandro Colombo

Keller Williams Coastal Prop. License #01927702 Listed on: 12/07/2022

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 2,379 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,319 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 10665
  • Assessor Parcel Number 6342001028
  • $1,610 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,275
  • Water Sewer Expense $900
  • Operating Expense $14,009
  • Gross Income $47,340
  • Net Operating Income $31,911

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

2,379 Sq Ft Lot

Parking

2

Listing Details

  • Ad Number: 310-978-7950
  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Zoning: LCC3*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6342001028
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 228.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2379.00
  • Lot Size Acres: 0.0546

Multi Family

  • Gross Income: 47340.00
  • Gross Scheduled Income: 47340.00
  • Insurance Expense: 1275.00
  • Lot Size Area: 2379.0000 Square Feet
  • Net Operating Income: 31911.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 14009.00
  • Rent Control: Yes
  • Total Expenses: 14009.00

Tax Info

  • Tax Census Tract: 5303.02
  • Tax Lot: 64
  • Tax Tract Number: 10665
  • TaxOtherAnnualAssessmentAmount: 1610.00

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
Dec 7, 2022
Closed on
Apr 27, 2023
Sold by
Bought by
Seller's Agent
Alexandro Colombo
Keller Williams Coastal Prop.
Buyer's Agent
Alexandro Colombo
Keller Williams Coastal Prop.
List Price
$645,000
Sold Price
$530,000
Premium/Discount to List
-$115,000
-17.83%
Views
212
Current Estimated Value
$595,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,400
Avg. Annual Appreciation
3.80%
Original Mortgage
$50,000
Outstanding Balance
$48,592
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$546,808

Purchase Details

Closed on
Jun 8, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 24, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.38%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$530,000 Ticor Title Company
-- None Available
$65,926 Accommodation
-- None Available
-- None Available
-- None Available
-- --
$150,000 Old Republic 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 $50,000
Previous Owner $90,000
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
05/12/2023 05/12/23 Sold $530,000 -17.8% $229 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $645,000 -- $278 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $8,346 $551,412 $171,666 $379,746
2024 $8,077 $540,600 $168,300 $372,300
2023 $7,736 $512,018 $307,211 $204,807
2022 $7,407 $501,980 $301,188 $200,792
2021 $7,321 $492,138 $295,283 $196,855
2019 $7,116 $477,543 $286,526 $191,017
2018 $7,024 $468,180 $280,908 $187,272
2016 $7,344 $501,583 $261,696 $239,887
2015 $7,239 $494,050 $257,766 $236,284
2014 $7,230 $484,373 $252,717 $231,656
Source: Public Records

Agents Affiliated with this Home

  • Alexandro Colombo

    Seller's Agent in 2023

    Alexandro Colombo

    Keller Williams Coastal Prop.

    (310) 978-7950

    1 in this area

    23 Total Sales

    Alexandro Colombo
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22252482

California Regional Multiple Listing Service (CRMLS)

APN: 6342-001-028

California Los Angeles County Los Angeles 90022

5730 E Beverly Blvd, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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