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3037 E 5Th St Los Angeles, CA 90063

$715,000 Sold Price as of 12/16/2020

6 Beds
5 Baths
2,630 Sq.Ft.

Sold

$715,000 Sold Price as of 12/16/2020 Refinance Your Mortgage

Map preview of 3037 E 5Th St, Los Angeles, CA 90063

Property Overview: 3037 E 5Th St Los Angeles, CA has 6 bedrooms, 5 bathrooms, 2,630 living square feet and 6,245 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LOCATION, LOCATION, LOCATION. Great investment property. 4 units in the up and coming area of Boyle Heights. Rear unit is two story, 3 bedrooms, 2 baths, car port for up to 4 cars, long drive way. Plus 3 spacious units 1 bedroom and 1 bath each. Large lot and fenced for privacy. Property is located minutes from downtown Los Angeles, easy access to freeways and walking distance to public transportation.

Listed by EUGENIA VAROS | BRE #00753050 | CENTURY 21 REALTY MASTERS

Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft: 6,245
HOA Dues: $0/mo
Year built: 1967
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: MB20140196
City: Los Angeles
County: Los Angeles
Time on Site: 1346 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 2
# of Electric Meters: 4
# of Gas Meters: 4
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 2
Garage Spaces: 2
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,200
Total Rent: $1,200
Pro Forma/Market Rent: $2,500

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,250
Total Rent: $1,250
Pro Forma/Market Rent: $1,300

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $780
Total Rent: $780
Pro Forma/Market Rent: $1,300

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $775
Total Rent: $775
Pro Forma/Market Rent: $1,300

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $0
Net Operating Income: $0
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $0
Electric: $0
Gas/Fuel: $0
New Taxes: $8,938
Trash: $0
Insurance: $0
Water/Sewer: $0

Property Details for 3037 E 5Th St

Interior Features

Laundry Information

Has Laundry
See Remarks

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Lot Information

Lot Features: 2-5 Units/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 4
Parcel Number: 5186001052
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Euclid and Fresno

Neighborhood Information

Community Features: Sidewalks, Street Lights

View more facts & features

Local Los Angeles Agent

Sale History for 3037 E 5Th St

Last sold for $715,000 on December 16th, 2020

December, 2020
Dec 17, 2020

Date

Sold

CRMLS: MB20140196

$715,000

Price
Sep 8, 2020

Date

Pending

CRMLS: MB20140196

$715,000

Price
Sep 1, 2020

Date

Active Under Contract

CRMLS: MB20140196

$715,000

Price
Jul 29, 2020

Date

Active

CRMLS: MB20140196

$715,000

Price
Jul 27, 2020

Date

Hold

CRMLS: MB20140196

$715,000

Price
Jul 16, 2020

Date

Active

CRMLS: MB20140196

$715,000

Price
September, 2018
Sep 21, 2018

Date

Canceled

CRMLS: MB18168319

$790,000

Price
Aug 11, 2018

Date

Price Change

CRMLS: MB18168319

$790,000

Price
Jul 13, 2018

Date

Active

CRMLS: MB18168319

$850,000

Price
Listing provided courtesy of CRMLS

Outstanding Investment 4 UNITS in a great wide street in the Demanding Boyle Height Area. These Quadruplex features great parking and very wide driveway with wrought iron front fence, big open area on the rear with nice spacious carport & beautiful landscaping. All units have spacious bedrooms & big closets. Well maintain property. 3039 Unit have 3 beds 2 baths rented $1,221.00 ( 1 bedroom lower floor & 2 bedrooms at the second floor). 3039 1/2 Unit have 1 bedroom 1 bath. Nice tile & kitchen cabinets is rented $780.00. 3041 Unit have 1 bed 1 bath nicely clean unit with nice tile. Rented $769.00. 3041 1/2 Unit have 1 bed 1 bath very clean and spacious unit rented $873.00. The units have their own storage. All units have nice cabinets and linen shelves. Very close to Downtown Los Angeles. School is a few blocks. Central convenient to Fwy 5 & 60. Close to Grocery Store, Post office.

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Tax History for 3037 E 5Th St

Assessed Value (2020): $135,522

Year	Land Value	Improved Value	Assessed Value
2020	$112,547	$22,975	$135,522

Home Value Compared to the Market

This property vs the competition

3037 E 5Th St sold on December 16, 2020 for 36.16% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $271.86 per/sqft which puts the price per square foot 62.45% lower than the current median sale per square foot for the city of Los Angeles.

About 3037 E 5Th St

Detailed summary of property

3037 E 5Th St is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 2,630 living square feet, and sits on an approximately 6,245 square foot lot. 3037 E 5Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $715,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 36.16% lower than the current median priced home. Local homes that are currently for sale include 2316 Barlow St, 114 Vicente Fernandez St and 673 N Boyle Ave. While the average home in Los Angeles, CA is selling in 106 days, 3037 E 5Th St has a days on market of 38 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 3037 E 5Th St Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3037 E 5Th St

Public county record property details

Beds: 6
Baths: 5
Year built: 1967
Sq. Ft.: 2,630
Lot Size: 6,245
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 33-35
APN: 5186-001-052

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$675,000

Median List Price/Sq.Ft.

$624

Median Sold Price

$600,000

Median Sold Price/Sq.Ft.

$627

Total Inventory

Median Sale to List Price %

100.17%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

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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.