NOT LISTED FOR SALE

5964 S Figueroa St Los Angeles, CA 90003

Vermont-Slauson Neighborhood

Estimated Value: $682,000 - $698,000

6 Beds
3 Baths
2,240 Sq Ft
$308/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $400,000 $179 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,245/month

65 Days on Market

Highlights

  • Wrought Iron Fence
  • Vinyl Flooring
  • Heating Available

About This Home

As of December 2022

*** PRICE REDUCED *** Great investment opportunity in the city of Los Angeles! This property features 3 units, each with 2 beds and 1ba, total living space of 2,240, Lot 4,228 sqft and zoned LAC2. Centrally located just minutes from Downtown LA, Coliseum, USC, LA Live, Crypto.com and so much more. Property needs work but the upside potential is HUGE! There is limited parking in the rear just off the alley. Property is being sold in its As-Is condition with tenants in possession. Please do NOT disturb tenants.

Last Agent to Sell the Property

Thomas Phillips

Residian Property Group, Inc. License #01787705 Listed on: 09/14/2022

Last Buyer's Agent

Juven Zapata

Metro District Realty License #00775443

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,339

Year Built

  • Built in 1901

Lot Details

  • 4,228 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • No Sprinklers

Home Design

  • Triplex
  • Major Repairs Completed
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,240 Sq Ft Home
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Parking Available
  • Tandem Uncovered Parking
  • Parking Lot

Additional Features

  • Exterior Lighting
  • Urban Location
  • Heating Available

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 237
  • Assessor Parcel Number 6004038019

Community Details

Overview

  • 2 Buildings

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $23,400
  • Net Operating Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,339

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Smoke Detector(s), Window Bars
  • View: No
  • Property Condition: Repairs Major
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6004038019
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 245.09

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space, Tandem Uncovered
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 4228.00
  • Lot Size Acres: 0.0971

Multi Family

  • Gross Income: 23400.00
  • Gross Scheduled Income: 23400.00
  • Lot Size Area: 4228.0000 Square Feet
  • Net Operating Income: 23400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 28
  • Tax Tract Number: 237...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Dec 1, 2022
Sold by
Bernardez Family Trust
Bought by
5964 Figueroa Llc
Seller's Agent
Thomas Phillips
Residian Property Group, Inc.
Buyer's Agent
Juven Zapata
Metro District Realty
List Price
$599,000
Sold Price
$400,000
Premium/Discount to List
-$199,000
-33.22%
Current Estimated Value
$688,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,054
Avg. Annual Appreciation
23.28%

Purchase Details

Closed on
Aug 2, 2018
Sold by
Bernandez Roque S and The Reque S Bernardez Revocbal
Bought by
Burton Gloria and The Bernardez Family Trust

Purchase Details

Closed on
Dec 5, 2015
Sold by
Bernardez Roque S
Bought by
Burton Gloria and Bemardez Family Trust

Purchase Details

Closed on
Jul 29, 2015
Sold by
Bernardez Roque S
Bought by
Bernardez Roque S and Roque S Bernardez Revocable Tr
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
5964 Figueroa Llc $400,000 Lawyers Title
Burton Gloria -- Lawyers Title Insurance Comp
Burton Gloria -- Accommodation
Bernardez Roque S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5964 Figueroa Llc $335,000
Previous Owner Bernardez Roque S $50,000
Previous Owner Bernardez Roque S $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $400,000 -27.1% $179 / Sq Ft
11/04/2022 11/04/22 Price Changed $549,000 -8.3% $245 / Sq Ft
09/14/2022 09/14/22 For Sale $599,000 -- $267 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $5,339 $416,160 $374,544 $41,616
2024 $5,339 $408,000 $367,200 $40,800
2023 $5,246 $400,000 $360,000 $40,000
2022 $6,805 $545,560 $409,959 $135,601
2021 $6,712 $534,864 $401,921 $132,943
2020 $6,777 $529,380 $397,800 $131,580
2019 $6,518 $264,295 $137,287 $127,008
2018 $3,435 $259,114 $134,596 $124,518
2016 $3,271 $249,054 $129,370 $119,684
2015 $3,227 $245,314 $127,427 $117,887
2014 $3,258 $240,509 $124,931 $115,578
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Thomas Phillips

    Residian Property Group, Inc.

    (626) 429-0273

    1 in this area

    9 Total Sales

    Section Image
  • Juven Zapata

    Buyer's Agent in 2022

    Juven Zapata

    Metro District Realty

    (213) 422-2275

    1 in this area

    13 Total Sales

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-11252

Pasadena-Foothills Association of REALTORS®

APN: 6004-038-019

California Los Angeles County Los Angeles 90003 Vermont-Slauson

5964 S Figueroa St, Los Angeles, CA

This home is located at 5964 S Figueroa St, Los Angeles, CA 90003 since 14 September 2022 and is currently estimated at $690,667, approximately $308 per square foot. This property was built in 1901. 5964 S Figueroa St is a home located in Los Angeles County with nearby schools including 61st Street Elementary School, Mary McLeod Bethune Middle School, and Augustus F. Hawkins High A Critical Design And Gaming.

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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