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5043 Borland Rd, Los Angeles, CA 90032
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5043 Borland Rd Los Angeles, CA 90032

$999,000
  • 7 Beds
  • 3 Baths
  • 2,496 Sq.Ft.
For Sale
$999,000 Get Pre-Qualified
Map preview of 5043 Borland Rd, Los Angeles, CA 90032

Property Overview: 5043 Borland Rd Los Angeles, CA has 7 bedrooms, 3 bathrooms, 2,496 living square feet and 5,369 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: This exceptional investment opportunity features a well-maintained triplex with fresh paint throughout. The property includes three units: two with 2 bedrooms and 1 bathroom each, and a rear unit with 3 bedrooms and 1 bathroom. All units are in excellent condition, with two currently occupied by month-to-month tenants. Located within walking distance of Cal State LA and near downtown Los Angeles, this triplex is in a highly desirable area. With fresh paint and great rental potential, this property won’t last long. It’s ideal for investors or first-time homebuyers, especially since the 3-bedroom unit includes convenient laundry hookups inside, while the other two units offer separate laundry hookups in the back storage area. Act quickly—call now to schedule your showing before this opportunity slips away!

Listed by Juan Flores | BRE #01788762 | Big Block Powerhouse Realty
Last checked: 4 minutes ago | Last updated: September 15th, 2024 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
5,369
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Triplex
Status
Active
MLS#
DW24171653
City
Los Angeles
County
Los Angeles
Time on Site
30 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $59,400
  • Net Operating Income: $55,290
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $55,290
  • Trash: $1,200
  • Insurance: $2,500
  • Water/Sewer: $750

Open Houses for 5043 Borland Rd

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Property Details for 5043 Borland Rd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down, All Bedrooms Up
Interior Features
  • Levels: One, Two
  • Window Features: Screens
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Average Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5221001031
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised, Slab
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: None
Location / Neighborhood
Location Information
  • Directions: Cavanagh Rd - Borland RD
Neighborhood Information
  • Community Features: Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 5043 Borland Rd

Last sold for $673,000 on July 25th, 2006

  • August, 2024

  • Aug 23, 2024

    Date

    Active

    CRMLS: DW24171653

    $1,025,000

    Price

  • July, 2006

  • Jul 25, 2006

    Date

    Sold (Public Records)

    Public Records

    $673,000

    Price

  • February, 2005

  • Feb 18, 2005

    Date

    Sold (Public Records)

    Public Records

    $535,000

    Price

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Tax History for 5043 Borland Rd

Assessed Value (2020): $632,234
Year Land Value Improved Value Assessed Value
2020 $405,352 $226,882 $632,234

Home Value Compared to the Market

This property vs the competition

5043 Borland Rd is listed 16.75% 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 $400.24 per/sqft which puts the price per square foot 47.89% lower than the median price per square foot for the city of Los Angeles.

About 5043 Borland Rd

Detailed summary of property

5043 Borland Rd is a triplex located in Los Angeles, CA 90032 and is currently for sale. This triplex offers 7 bedrooms, 3 bathrooms, roughly 2,496 living square feet, and sits on an approximately 5,369 square foot lot. 5043 Borland Rd was first listed on ArdentRealEstateGroup.com on August 19, 2024. The homeowner is currently asking $999,000 and was originally asking $1,025,000. 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 16.75% lower than the median priced home. Local competing homes currently for sale include 1178 Buelah Ave, 3611 El Sereno Ave and 5211 Huntington Dr. While the average home in Los Angeles, CA is selling in 106 days, 5043 Borland Rd has a days on market of 21 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 5043 Borland Rd Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5043 Borland Rd

Public county record property details
Beds
7
Baths
3
Year built
1926
Sq. Ft.
2,496
Lot Size
5,371
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
131
APN
5221-001-031

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,900
Median List Price/Sq.Ft.
$633
Median Sold Price
$765,000
Median Sold Price/Sq.Ft.
$711
Total Inventory
58
Median Sale to List Price %
109.44%
Avg Days on Market
22
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (16.67%), Other (25%)

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(714) 706-1823

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Recently Sold Homes Near 5043 Borland Rd

5081 Borland Rd, Los Angeles, CA 90032
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5123 Cavanagh Rd, Los Angeles, CA 90032
$727,500 Last Sold Price
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0 Baths
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5123 Cavanagh Rd
Los Angeles, CA 90032

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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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