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1140 5th Ave, Los Angeles, CA 90019
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1140 5th Ave Los Angeles, CA 90019

$1,265,000 Sold Price as of 10/30/2019
  • 7 Beds
  • 4 Baths
  • 3,770 Sq.Ft.
Sold
$1,265,000 Sold Price as of 10/30/2019 Refinance Your Mortgage
Map preview of 1140 5th Ave, Los Angeles, CA 90019

Property Overview: 1140 5th Ave Los Angeles, CA has 7 bedrooms, 4 bathrooms, 3,770 living square feet and 8,100 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICED TO SELL! Pride of ownership Luxury Duplex located in the Highly Sought after Country Club Area of Los Angeles. Close proximity to K-Town, Down Town LA, and Mid Wilshire. Near the New Metro Purple Line to LAX. Lower Unit is a 3 Bed 2 Bath receiving $3328 in rent. The Upper Unit is 4 Bed 2 Bath receiving $2755 in rent. Perfect for owner to live in one unit and rent the other out for extra income. 4% CAP RATE on current rents. 3 Car Garage in rear, Very large beautiful units, Building is over 3700 square feet, Granite Kitchen Counter tops, Copper Plumbing, Tiled Baths, Hardwood Floors, Gorgeous Architecture, Quiet street, and Views of the Hollywood Sign. It has character of a 1920 Duplex that can easily be updated to 2020. PLEASE DO NOT DISTURB TENANTS.

Listed by Dan Huerta | BRE #01441880 | Wallace Home Sales
Last checked: 4 minutes ago | Last updated: August 1st, 2022 | Source CRMLS | DOM: 207

Home details

Lot Sq. Ft
8,100
HOA Dues
$0/mo
Year built
1920
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19041919
City
Los Angeles
County
Los Angeles
Time on Site
1221 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,755
  • Total Rent: $2,755
  • Pro Forma/Market Rent: $4,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,328
  • Total Rent: $3,328
  • Pro Forma/Market Rent: $3,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,996
  • Net Operating Income: $51,876
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $21,120
  • New Taxes: $16,000
  • Trash: $0
  • Cable TV: $0
  • Gardener: $720
  • Insurance: $1,200
  • Maintenance: $1,000
  • Water/Sewer: $2,200

Property Details for 1140 5th Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5081012015
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Other Subdivision Name: Country Club Area
  • Directions: South of Olympic and West of Wilton
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1140 5th Ave

Last sold for $1,265,000 on October 30th, 2019

  • August, 2022

  • Aug 1, 2022

    Date

    Expired

    CRMLS: 22145279

    $3,600

    Price

  • Apr 11, 2022

    Date

    Active

    CRMLS: 22145279

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Located in the Country club HPOZ area. Most desirable neighborhoods and quiet residential areas. The interior sq ft is over 1,800, and there are two full baths and three reserved parking spaces

  • July, 2022

  • Jul 1, 2022

    Date

    Expired

    CRMLS: 22129599

    $1,599,000

    Price

  • Feb 20, 2022

    Date

    Active

    CRMLS: 22129599

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    This property is perfect for first-time buyers or investors. Both units are in excellent condition and easy to rent. No work really needed and in a great area! Each unit has 4Beds 2 baths, 3 beds 2 baths each and have about 1900 Square Feet each as well. This property won't last long so make sure to see it today. Down-stairs 3+2 unit is vacant now.

  • October, 2019

  • Oct 30, 2019

    Date

    Sold

    CRMLS: OC19044357

    $1,265,000

    Price

  • Oct 11, 2019

    Date

    Pending

    CRMLS: OC19044357

    $1,299,000

    Price

  • Sep 20, 2019

    Date

    Active Under Contract

    CRMLS: OC19044357

    $1,299,000

    Price

  • Sep 5, 2019

    Date

    Price Change

    CRMLS: OC19044357

    $1,299,000

    Price

  • Jul 17, 2019

    Date

    Price Change

    CRMLS: OC19044357

    $1,350,000

    Price

  • May 22, 2019

    Date

    Price Change

    CRMLS: OC19044357

    $1,399,000

    Price

  • Apr 30, 2019

    Date

    Price Change

    CRMLS: OC19044357

    $1,450,000

    Price

  • Mar 26, 2019

    Date

    Price Change

    CRMLS: OC19044357

    $1,475,000

    Price

  • Feb 27, 2019

    Date

    Active

    CRMLS: OC19044357

    $1,525,000

    Price

  • Listing provided courtesy of CRMLS

    HUGE PRICE REDUCTION! PRICED TO SELL! Pride of ownership Luxury Duplex located in the Country Club Area of Los Angeles. Close proximity to K-Town, Downtown LA, and Mid-Wilshire. Lower Unit is a 3 Bed 2 Bath receiving $3328 in rent and the Upper Unit is 4 Bed 2 Bath receiving $2755 in rent. Perfect for owner user. Live in one unit and collect rent from the other. Near Metro Purple Line to LAX. 3 Car Garage in rear, Very beautiful large units, Building size over 3700 square feet, Granite Kitchen Counters, Copper Plumbing, Tiled Baths, Hardwood Floors, Gorgeous Architecture, Quiet street, and Views of the Hollywood Sign. It has the character of a 1920 duplex that can easily be updated to 2020. PLEASE DO NOT DISTURB TENANTS.

  • October, 2019

  • Oct 30, 2019

    Date

    Sold

    CRMLS: OC19041919

    $1,265,000

    Price

  • Oct 11, 2019

    Date

    Pending

    CRMLS: OC19041919

    $1,299,000

    Price

  • Sep 20, 2019

    Date

    Active Under Contract

    CRMLS: OC19041919

    $1,299,000

    Price

  • Sep 5, 2019

    Date

    Price Change

    CRMLS: OC19041919

    $1,299,000

    Price

  • Jul 17, 2019

    Date

    Price Change

    CRMLS: OC19041919

    $1,350,000

    Price

  • May 22, 2019

    Date

    Price Change

    CRMLS: OC19041919

    $1,399,000

    Price

  • Apr 30, 2019

    Date

    Price Change

    CRMLS: OC19041919

    $1,450,000

    Price

  • Mar 26, 2019

    Date

    Price Change

    CRMLS: OC19041919

    $1,475,000

    Price

  • Feb 26, 2019

    Date

    Active

    CRMLS: OC19041919

    $1,525,000

    Price

  • October, 2019

  • Oct 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,265,000

    Price

  • September, 2018

  • Sep 4, 2018

    Date

    Leased

    CRMLS: 18371614

    $3,200

    Price

  • Aug 29, 2018

    Date

    Hold

    CRMLS: 18371614

    $3,200

    Price

  • Aug 2, 2018

    Date

    Active

    CRMLS: 18371614

    $3,200

    Price

  • Listing provided courtesy of CRMLS

    3 Bed+2 Bath, Hardwood floors throughout, 3 parking spaces included, one space is covered or can be used as storage, Large deck in the back, Copper Pluming, spacious kitchen and lots of storage space.

  • May, 2016

  • May 16, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,189,000

    Price

  • August, 2015

  • Aug 22, 2015

    Date

    Price Change

    CRMLS: 15933625

    $1,245,000

    Price

  • Listing provided courtesy of CRMLS

    Beautifully renovated 2 unit building located country club area. Unit 1 : 3 Bed + 2 Bath - Den / Unit 2 : 2 Bed + 2 Bath + Den. Each unit have Large Deck. 3 Car Garage Door, Copper Pluming , Hardwood Floor. DO NOT DISTURB TENANT.

Show More

Tax History for 1140 5th Ave

Assessed Value (2020): $1,265,000
Year Land Value Improved Value Assessed Value
2020 $900,000 $365,000 $1,265,000

Home Value Compared to the Market

This property vs the competition

1140 5th Ave sold on October 30, 2019 for 9.16% 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 $344.56 per/sqft which puts the price per square foot 54.36% lower than the current median sale per square foot for the city of Los Angeles.

About 1140 5th Ave

Detailed summary of property

1140 5th Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 3,770 living square feet, and sits on an approximately 8,100 square foot lot. 1140 5th Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,265,000. 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 9.16% higher than the current median priced home. Local homes that are currently for sale include 4006 W 21st St, 1103 S Hobart Blvd and 2201 Cambridge St. While the average home in Los Angeles, CA is selling in 92 days, 1140 5th Ave has a days on market of 207 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1140 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 1140 5th Ave

Public county record property details
Beds
7
Baths
4
Year built
1920
Sq. Ft.
3,770
Lot Size
8,099
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
100
APN
5081-012-015

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%)

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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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