NOT LISTED FOR SALE
5 Beds
2 Baths
2,474 Sq Ft
7,477 Sq Ft Lot

Last Sold July 17, 2020

Last sale price $699,000 $283 Per Sq Ft

11 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Fireplace
  • Corner Lot
  • Two Homes on a Lot
  • Laundry Room

About This Home

As of July 2020

Two houses on a lot, the front house has 3 bedrooms + 1 bath, with large living room & dining room, The second house has 2 bedrooms + 1 bath and a den. Large Permitted Storage space under the second house- (which could be turn into an ADU) Newer Double pane windows on all units, Back house has newer roof, Partially replaced main sewer line.
**Tax Records shows 5857 11th Ave., but the actual physical address is 5758 11th Ave. buyer to investigate.**
The lot is ZONING RD-3, in the TOC Teer-4 zone, (this means City incentives)
Also is within the (Opportunity Zone, Exempted from Federal Capital gain taxes).
This property is located in a highly sought after, area of Hyde Park and close to the upcoming metro stations and all the new developments coming up and around Crenshaw/Slauson including the SoFi Stadium & Entertainment Complex. home of the LA Rams.
Walking distance to the metro station Slauson Corridor Transit Neighborhood Plan(TNP). PLEASE INTERNET SEARCH "SLAUSON TNP" to view the map and get more details.
This is a tremendous investment,,, Did I mention 3 car garages?

Last Agent to Sell the Property

Santos Aleman

Santos Aleman Real Estate License #01111649 Listed on: 06/11/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 7,477 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Corner Lot
  • Front Yard

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage
  • Attached Carport
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,474 Sq Ft Home
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid

Additional Features

  • Outdoor Storage
  • Two Homes on a Lot
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 367
  • Tax Tract Number 668
  • Assessor Parcel Number 5006010001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,944
  • Insurance Expense $2,050
  • Trash Expense $330
  • Water Sewer Expense $2,400
  • New Taxes Expense $4,988
  • Operating Expense $10,512
  • Gross Income $38,520
  • Net Operating Income $26,808

Property Details

Home Type

Multi-Family

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5006010001
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Levels: One, Two
  • Price Per Square Foot: 282.54

Exterior Features

  • Foundation: Raised
  • Other Structures: Storage, Two On A Lot
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property, Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 330.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Lot 6500-9999, Walkstreet
  • Lot Size Sq Ft: 7477.00
  • Lot Size Acres: 0.1716
  • Latitude Manual: 33.98920000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1944.00
  • Gross Income: 38520.00
  • Gross Scheduled Income: 37800.00
  • Insurance Expense: 2050.00
  • Lot Size Area: 7477.0000 Square Feet
  • Net Operating Income: 26808.00
  • Number Of Rented Garages: 60
  • 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: 10512.00
  • Rent Control: Yes
  • Total Expenses: 10512.00

Tax Info

  • New Taxes Expense: 4988.00
  • Tax Census Tract: 2346.00
  • Tax Lot: 367
  • Tax Tract Number: 668

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $699,000 -0.1% $283 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $699,900 -- $283 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20093290

California Regional Multiple Listing Service (CRMLS)