3420 E 5th St, Los Angeles, CA 90063
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3420 E 5th St Los Angeles, CA 90063

$410,000 Sold Price as of 05/31/2019
  • 4 Beds
  • 4 Baths
  • 2,376 Sq.Ft.
Sold
$410,000 Sold Price as of 05/31/2019 Refinance Your Mortgage

Map preview of 3420 E 5th St, Los Angeles, CA 90063

Property Overview: 3420 E 5th St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,376 living square feet and 5,625 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 4 Unit with potential! Live in one and rent the other 3 units. Building has four unit and each unit has 1bed & 1bath. each unit has individual water heater, gas meter & electric meter. Located in Boyle Heights, around 8minutes from Downtown's booming Arts District. Property has great tenant who is paying monthly lease well. Drvie by only. Please do not disturb the tenants. TLC

Listed by Brady Kim | BRE #01994341 | Redpoint Realty
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
5,625
HOA Dues
$0/mo
Year built
1908
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW19041360
City
Los Angeles
County
Los Angeles
Time on Site
1272 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,060
  • Total Rent: $1,060
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • 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: $491
  • Total Rent: $491
  • 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: $511
  • Total Rent: $511
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,120
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 3420 E 5th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5186013017
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets : See Map
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 3420 E 5th St

Last sold for $575,000 on May 1st, 2020
  • June, 2020

  • Jun 10, 2020

    Date

    Canceled

    CRMLS: 20567346

    $675,000

    Price

  • Mar 28, 2020

    Date

    Active

    CRMLS: 20567346

    $675,000

    Price

  • Listing provided courtesy of CRMLS

    Check out this Boyle Heights prospective cash cow, which is aggressively priced at only $168k per door! This 4-unit property has massive value-add potential, with a 9.94% pro forma cap rate and an 8.04 pro forma GRM! The building has 4 1bed/1bath units with a significant 100% upside in rents. It has an excellent location in the up and coming Boyle Heights area just minutes away from DTLA. All units are individually metered for gas & electricity. There is a large backyard and parking is available for all 4 units.

  • May, 2020

  • May 1, 2020

    Date

    Sold (Public Records)

    Public Records

    $575,000

    Price

  • June, 2019

  • Jun 3, 2019

    Date

    Sold

    CRMLS: PW19041360

    $410,000

    Price

  • Apr 27, 2019

    Date

    Active Under Contract

    CRMLS: PW19041360

    $489,000

    Price

  • Apr 24, 2019

    Date

    Active

    CRMLS: PW19041360

    $489,000

    Price

  • Apr 9, 2019

    Date

    Hold

    CRMLS: PW19041360

    $489,000

    Price

  • Apr 9, 2019

    Date

    Active

    CRMLS: PW19041360

    $489,000

    Price

  • Mar 20, 2019

    Date

    Hold

    CRMLS: PW19041360

    $489,000

    Price

  • Mar 15, 2019

    Date

    Active

    CRMLS: PW19041360

    $489,000

    Price

  • Mar 15, 2019

    Date

    Price Change

    CRMLS: PW19041360

    $489,000

    Price

  • Mar 15, 2019

    Date

    Price Change

    CRMLS: PW19041360

    $470,000

    Price

  • Mar 6, 2019

    Date

    Active Under Contract

    CRMLS: PW19041360

    $539,000

    Price

  • Feb 23, 2019

    Date

    Active

    CRMLS: PW19041360

    $539,000

    Price

  • May, 2019

  • May 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $410,000

    Price

Show More

Tax History for 3420 E 5th St

Assessed Value (2020): $646,680
Year Land Value Improved Value Assessed Value
2020 $391,680 $255,000 $646,680

Home Value Compared to the Market

This property vs the competition

3420 E 5th St sold on May 31, 2019 for 61.62% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $205.81 per/sqft which puts the price per square foot 73.98% lower than the current median sale per square foot for the city of Los Angeles.

About 3420 E 5th St

Detailed summary of property

3420 E 5th St is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,376 living square feet, and sits on an approximately 5,625 square foot lot. 3420 E 5th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $410,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 61.62% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 102 days, 3420 E 5th St has a days on market of 28 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 3420 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 3420 E 5th St

Public county record property details
Beds
4
Baths
4
Year built
1908
Sq. Ft.
2,376
Lot Size
5,625
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
164
APN
5186-013-017

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
$640,000
Median List Price/Sq.Ft.
$640
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$633
Total Inventory
40
Median Sale to List Price %
100.01%
Avg Days on Market
35
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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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.