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1124 5Th Ave, Los Angeles, CA 90019
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1124 5Th Ave Los Angeles, CA 90019

$1,850,000 Sold Price as of 03/05/2021
  • 1016 Beds
  • 1016 Baths
  • 6,010 Sq.Ft.
Sold
$1,850,000 Sold Price as of 03/05/2021 Refinance Your Mortgage
Map preview of 1124 5Th Ave, Los Angeles, CA 90019

Property Overview: 1124 5Th Ave Los Angeles, CA has 1016 bedrooms, 1016 bathrooms, 6,010 living square feet and 8,111 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 6,010 sf of living & 8,102 sf of lot size, 2 story building, 4 units. All units has good size of living room, bedroom and bathroom. Downstairs 2 unit has 2 bed/ 2 bathroom and upper 2units has 2 bedroom plus den/ 2 bathroom and upper one of unit has good size of big balcony. Very quiet and convenient location in Country Club Park, Near Koreatown, 3 car detached garages plus lots of parking spaces. Each 4 units has own laundry.

Listed by Ellen E Kim | BRE #01327886 | Bee Investment, Inc.
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 40

Home details

Lot Sq. Ft
8,111
HOA Dues
$0/mo
Year built
1916
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21681576
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 124
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 126
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 128
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,112
  • Total Rent: $2,112
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 130
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,883
  • Total Rent: $1,883
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.7
  • Gross Scheduled Income: --
  • Net Operating Income: $66,826
  • Gross Operating Income: $100,740
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $23,625
  • Insurance: $4,622
  • Water/Sewer: $4,701

Property Details for 1124 5Th Ave

Interior Features
Laundry Information
  • Has Laundry
  • In Carport
Room Information
  • Flooring: Laminate, Carpet, Vinyl, Tile
Kitchen Information
  • Has Appliances
  • Disposal, Oven
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Other
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport, Gated
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5081012017
  • Accessibility Features: None
Location / Neighborhood
Location Information
  • Directions: S. of Olympic & N of Pico and W of Arlington
View more facts & features

Local Los Angeles Agent

Sale History for 1124 5Th Ave

Last sold for $1,850,000 on March 5th, 2021

  • March, 2021

  • Mar 8, 2021

    Date

    Sold

    CRMLS: 21681576

    $1,850,000

    Price

  • Mar 4, 2021

    Date

    Pending

    CRMLS: 21681576

    $1,899,000

    Price

  • Mar 2, 2021

    Date

    Active Under Contract

    CRMLS: 21681576

    $1,899,000

    Price

  • Jan 18, 2021

    Date

    Active

    CRMLS: 21681576

    $1,899,000

    Price

  • January, 2021

  • Jan 2, 2021

    Date

    Expired

    CRMLS: 20650348

    $1,890,000

    Price

  • Oct 22, 2020

    Date

    Active

    CRMLS: 20650348

    $1,890,000

    Price

  • Listing provided courtesy of CRMLS

    4 Unit Property, 6,010 SF of Living, 8,102 SF of Lot, 2 Story building, All units has good size of living room and bedroom and bathroom. Downstairs 2unit has 2 Beds & 2 Baths and upper 2units has 2bed plus den & 2baths, upper unit has good size balcony. Very quiet and Convenient Location in Country Club Park, Near Koreatown, 3 Car Detached Garages plus Lots of Parking Spaces. Each 4 unit has own laundry.

  • July, 2019

  • Jul 14, 2019

    Date

    Leased

    CRMLS: 19476224

    $2,500

    Price

  • Jun 10, 2019

    Date

    Active

    CRMLS: 19476224

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Very quiet and safe neighborhood 4 unit apartment Renting out lower unit - 1st floor.2 bedrooms/ 2 bathrooms,around 1,500sf. +/-, Very spacious/Wall A/C, Brand new wood floor,Brand new paint, Large closet spaces, Comes with private washer and dryer, 1 parking space, No pets allowed. Property is very clean and well maintained by owner Looking for a quiet and responsible tenant.

  • August, 2018

  • Aug 1, 2018

    Date

    Leased

    CRMLS: 18364844

    $2,500

    Price

  • Jul 13, 2018

    Date

    Active

    CRMLS: 18364844

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Very quiet and safe neighborhood 4 unit apartment Renting out lower unit - 1st floor.2 bedrooms/ 2 bathrooms,around 1,500sf. +/-, Very spacious/Wall A/C, Brand new wood floor,Brand new paint, Large closet spaces, Comes with private washer and dryer, 1 parking space, No pets allowed. Property is very clean and well maintained by owner Looking for a quiet and responsible tenant

  • May, 2018

  • May 1, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2005

  • Oct 19, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1124 5Th Ave

Assessed Value (2020): $607,849
Year Land Value Improved Value Assessed Value
2020 $270,154 $337,695 $607,849

Home Value Compared to the Market

This property vs the competition

1124 5Th Ave sold on March 5, 2021 for 59.58% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $315.97 per/sqft which puts the price per square foot 58.15% lower than the current median sale per square foot for the city of Los Angeles.

About 1124 5Th Ave

Detailed summary of property

1124 5Th Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 1016 bedrooms, 1016 bathrooms, roughly 6,010 living square feet, and sits on an approximately 8,111 square foot lot. 1124 5Th Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,850,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 59.58% higher than the current median priced home. Local homes that are currently for sale include 1117 S Serrano Ave, 1056 S Serrano Ave and 1057 S Hobart Blvd. While the average home in Los Angeles, CA is selling in 94 days, 1124 5Th Ave has a days on market of 40 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1124 5Th Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1124 5Th Ave

Public county record property details
Beds
8
Baths
6
Year built
1916
Sq. Ft.
6,010
Lot Size
8,099
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
102
APN
5081-012-017

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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