2826 5Th Ave, Los Angeles, CA 90018
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2826 5Th Ave Los Angeles, CA 90018

$899,000
  • 5 Beds
  • 3 Baths
  • 1,900 Sq.Ft.
For Sale
$899,000 Get Pre-Qualified

Map preview of 2826 5Th Ave, Los Angeles, CA 90018

Property Overview: 2826 5Th Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,900 living square feet and 7,502 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great investment opportunity . Front unit 4 bed+2 bath. Attached rear unit 1 bed + 1 bath. Located in gentrified area of West Adams. Huge lot over 7,500 Sq ft. R3 Zone. Perfect to build an ADU in back. Can be a great owner user! Or ideal for an investor- Builder. So much potential in this up and coming neighborhood. Close to freeways. The new owner can evict the current tenant after the close of escrow, with a 60 day notice, per LAHD.

Listed by Michael Gola | BRE #00918197 | Coldwell Banker Realty
Co-listed by Philip Boroda | BRE #00822192 | Coldwell Banker Realty
Last checked: 1 minute ago | Last updated: September 4th, 2024 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24418297
City
Los Angeles
County
Los Angeles
Time on Site
58 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,663
  • Total Rent: $1,663
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,430
  • Total Rent: $1,430
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2826 5Th Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5052002028
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Jefferson, South of Adams, East of Crenshaw and West of Arlington
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Sale History for 2826 5Th Ave

Last sold for $230,000 on July 17th, 2009
  • July, 2024

  • Jul 22, 2024

    Date

    Active

    CRMLS: 24418297

    $899,000

    Price

  • July, 2024

  • Jul 21, 2024

    Date

    Canceled

    CRMLS: 24413253

    $1,100,000

    Price

  • Jul 9, 2024

    Date

    Active

    CRMLS: 24413253

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity . Front unit 4 bed+2 bath. Attached rear unit 1 bed + 1 bath. Located in gentrified area of West Adams. Huge lot over 7,500 Sq ft. R3 Zone. Perfect to build an ADU in back. Can be a great owner user! Or ideal for an investor- Builder. So much potential in this up and coming neighborhood. Close to freeways.

  • July, 2009

  • Jul 17, 2009

    Date

    Sold (Public Records)

    Public Records

    $230,000

    Price

  • June, 2009

  • Jun 11, 2009

    Date

    Sold (Public Records)

    Public Records

    $156,004

    Price

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Tax History for 2826 5Th Ave

Assessed Value (2020): $271,459
Year Land Value Improved Value Assessed Value
2020 $177,039 $94,420 $271,459

Home Value Compared to the Market

This property vs the competition

2826 5Th Ave is listed 25.08% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $473.16 per/sqft which puts the price per square foot 38.39% lower than the median price per square foot for the city of Los Angeles.

About 2826 5Th Ave

Detailed summary of property

2826 5Th Ave is a multi family located in Los Angeles, CA 90018 and is currently for sale. This multi family property offers 5 bedrooms, 3 bathrooms, roughly 1,900 living square feet, and sits on an approximately 7,502 square foot lot. 2826 5Th Ave was first listed on ArdentRealEstateGroup.com on July 22, 2024. The homeowner is currently asking $899,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 25.08% lower than the median priced home. Local competing homes currently for sale include 1738 W 38th St, 3721 Exposition Blvd and 1814 W 39th St. While the average home in Los Angeles, CA is selling in 106 days, 2826 5Th Ave has a days on market of 57 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2826 5Th Ave Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2826 5Th Ave

Public county record property details
Beds
4
Baths
2
Year built
1909
Sq. Ft.
1,900
Lot Size
7,499
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
61
APN
5052-002-028

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,800
Median List Price/Sq.Ft.
$640
Median Sold Price
$1,040,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
62
Median Sale to List Price %
104.1%
Avg Days on Market
38
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

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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.