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5057 Shipley Glen Dr, Los Angeles, CA 90042
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5057 Shipley Glen Dr Los Angeles, CA 90042

$910,000 Sold Price as of 08/13/2019
  • 17 Beds
  • 10 Baths
  • -- Sq.Ft.
Sold
$910,000 Sold Price as of 08/13/2019 Refinance Your Mortgage
Map preview of 5057 Shipley Glen Dr, Los Angeles, CA 90042

Property Overview: 5057 Shipley Glen Dr Los Angeles, CA has 17 bedrooms, 10 bathrooms, -- living square feet and 5,794 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We're proud to present a new exclusive listing, 5057 Shipley Glen Drive, a four (4) unit building located in the trendy Highland Park submarket. The well-maintained building is situated strategically between Avenue 50 and North Figueroa Street in the quiet hills of Highland Park, offering fantastic views for tenants. The location has quickly become one of LA's trendiest pockets, offering new retail shops and cultured restaurant spots surrounding the property.The 1963 charming building offers a terrific unit mix of two (2) remodeled one-bedroom/one-bathroom units, and two (2) two-bedroom/one-bathroom units, one of which has a large private yard. All units offer washer/dryer hookups and the property is separately metered for gas and electric. There are four (4) parking spots on-site, to add more value with the substantial rental upside with each unit.5057 Shipley Glen Drive allows an investor, or an owner-user, to acquire a property in a desirable Highland Park submarket

Listed by Sean Namigohar | BRE #01949705 | Marcus & Millichap
Last checked: 4 minutes ago | Last updated: May 5th, 2022 | Source CRMLS | DOM: 85

Home details

Lot Sq. Ft
5,794
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19458396
City
Los Angeles
County
Los Angeles
Time on Site
1252 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,236
  • Total Rent: $1,236
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $901
  • Total Rent: $901
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.21
  • Gross Scheduled Income: --
  • Net Operating Income: $30,086
  • Gross Operating Income: $52,044
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5057 Shipley Glen Dr

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 5469009040
Location / Neighborhood
Location Information
  • Directions: Call listing agent for offering memorandum
View more facts & features

Local Los Angeles Agent

Sale History for 5057 Shipley Glen Dr

Last sold for $910,000 on August 13th, 2019

  • February, 2020

  • Feb 27, 2020

    Date

    Sold

    CRMLS: 19458396

    $910,000

    Price

  • Jul 22, 2019

    Date

    Pending

    CRMLS: 19458396

    $1,000,000

    Price

  • Jun 24, 2019

    Date

    Active

    CRMLS: 19458396

    $1,000,000

    Price

  • Jun 7, 2019

    Date

    Withdrawn

    CRMLS: 19458396

    $1,000,000

    Price

  • Apr 23, 2019

    Date

    Active

    CRMLS: 19458396

    $1,000,000

    Price

  • August, 2019

  • Aug 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $910,000

    Price

  • February, 2019

  • Feb 21, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5057 Shipley Glen Dr

Assessed Value (2020): $910,000
Year Land Value Improved Value Assessed Value
2020 $637,000 $273,000 $910,000

Home Value Compared to the Market

This property vs the competition

5057 Shipley Glen Dr sold on August 13, 2019 for 11.5% lower than the current median sold price for the city of Los Angeles which is $1,130,000.

About 5057 Shipley Glen Dr

Detailed summary of property

5057 Shipley Glen Dr is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 17 bedrooms, 10 bathrooms, roughly -- living square feet, and sits on an approximately 5,794 square foot lot. 5057 Shipley Glen Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $910,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 11.5% lower than the current median priced home. Local homes that are currently for sale include 3611 El Sereno Ave, 2152 Duvall St and 2415 Gates St. While the average home in Los Angeles, CA is selling in 97 days, 5057 Shipley Glen Dr has a days on market of 85 days. There are currently 3891 homes for sale in the Los Angeles real estate market and 2627 of them are single family homes while 1154 of them are condos and 103 are townhomes. For more information on this home for sale at 5057 Shipley Glen Dr Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5057 Shipley Glen Dr

Public county record property details
Beds
6
Baths
4
Year built
1963
Sq. Ft.
2,458
Lot Size
5,794
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5469-009-040

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$776
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$763
Total Inventory
86
Median Sale to List Price %
115.91%
Avg Days on Market
20
Loan Type
Conventional (31.25%), FHA (0%), VA (0%), Cash (18.75%), Other (9.38%)

Thinking of Selling?

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(714) 706-1823

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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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